Retirement plan

BLUE RIDGE ENVISIONEERING 401K PLAN

Name: BLUE RIDGE ENVISIONEERING - BLUE RIDGE ENVISIONEERING 401K PLAN (2023) Form 5500
Creator: BLUE RIDGE ENVISIONEERING
License: https://www.dol.gov/general/disclaim
Keywords: Form 5500, ERISA, retirement plan, BLUE RIDGE ENVISIONEERING 401K PLAN, BLUE RIDGE ENVISIONEERING

BLUE RIDGE ENVISIONEERINGEIN 20-5191722Plan #001PY 2023

5180 PARKSTONE DR STE 200 - CHANTILLY, VA 20151703-927-0450br-envision.comLinkedIn11-50 employeesdefense & space

Prospect flagsHigh feesHigh assets / participant

How to read this page

Total assets (EOY)

$19.5M

+26.8% from 2022

Total participants

+11.1% from 2022

Average account balance

$330,023

+13.9% from 2022

Annual return

20.31%

+36.90 pp from 2022

Benchmarks

See 28,714 peers

Peer group

Industry54 - Professional, Scientific, and Technical Services

Plan typeDefined contribution

Participants25-99

Cohort28,714 peers

Snapshot2023

Free accounts unlock saves, downloads, and 3-year history.

Analytics

Total assets (EOY)

Plan-year ending balance

Not enough data

1 years with asset history on file

Average account balance

Total assets / participants with a balance (line 6g)

Not enough data

0 years with per-participant data

Participants with account balance

Stacked by status: active / separated vested / retired or beneficiary. Total = line 6g.

Not enough data

0 years with headcount on file

Eligible Participants and Participation

Bars: eligible actives (line 6a). Line: derived rate = active employees with a balance / 6a.

Not enough data

0 years with eligibility data

Contributions (total)

Employer and participant dollars contributed each year

$2.81M

Not enough data

1 years with contributions on file

Contributions per participant

Average employer and participant contribution per enrolled participant

Not enough data

0 years with per-participant contribution data

Asset flow

BOY + contributions + return - distributions = EOY

Year

Annual return

Diverging bars; negative years highlighted

-103.18%

Not enough data

1 years with return on file

Admin fee / account holder

Total admin expenses / participants with a balance (line 6g)

Not enough data

1 years with admin cost on file

Asset composition

Cash / stocks / bonds / mutual funds / real estate / loans over time

Not enough data

0 years with F_SCH_H allocation on file

Free accounts unlock saves, downloads, and 3-year history.

Service providers

Providers data not reported

Schedule C was not filed on this plan's most recent Form 5500, so no compensated service providers are available to display.

Plan features & details

Pension benefit codes2E2F2G2J3D

Plan features

2E
Profit-sharing
Profit-sharing plan.
2F
ERISA section 404(c) plan
This plan or any part of it is intended to meet the conditions of 29 CFR 2550.404c-1 (shifting investment responsibility to participants).
2G
Total participant-directed account plan
Participants have the opportunity to direct the investment of all of the assets allocated to their individual accounts regardless of whether 29 CFR 2550.404c-1 is intended to be met.
2J
Code section 401(k) feature
Cash or deferred arrangement described in Code section 401(k) that is part of a qualified defined contribution plan under which employees may elect to defer part of their compensation or receive these amounts in cash.
3D
Pre-approved pension plan
A master prototype or volume submitter plan that is the subject of a favorable opinion or advisory letter from the IRS.

Opportunity flags

2 tripped

OpportunityHigh fees
Administrative expenses exceed $300 per participant per year - possible fee-review opportunity. (Recordkeeping / audit / legal; excludes investment management.)
InformationalHigh assets / participant
Assets per participant exceed $250,000 - top-decile high-value plan.

Expense breakdown

Schedule H Part II

Admin total

$583K

$11428 / participant

Other / not subdivided$583K100.0%

% of EOY assets

2.993%

all-in expense ratio

Categories reported

0 / 9

subdivided buckets used

Audit opinion

Schedule H Part III

No opinion code on file for this filing.

Auditor firm: (not reported)
Auditor EIN: -
Audit fees: (not subdivided)
Opinion code: -

Metric

This plan

Peer set

Industry

Size

Avg account balance

$330,023

$93,589+252.6%

$135,942+142.8%

$75,181+339.0%

Participation rate

98.0%

75.2%+22.8pp

81.9%+16.1pp

67.2%+30.8pp

Annual return

20.31%

30.90%-10.6pp

68.28%-48.0pp

160.69%-140.4pp

Employer contribution / active EE

$20,923

$3,537+491.5%

$4,858+330.7%

$2,671+683.5%

Participant deferral / active EE

$9,961

$6,405+55.5%

$7,759+28.4%

$4,126+141.4%

Admin fee / account holder

$9,878

$6,977+41.6%

$10,764-8.2%

$5,650+74.8%

BLUE RIDGE ENVISIONEERING 401K PLAN

Summary metrics

Benchmarksi

Analytics

Service providersi

Plan features & details

Opportunity flagsi

Expense breakdowni

Audit opinioni

BLUE RIDGE ENVISIONEERING 401K PLAN

Summary metrics

Benchmarksi

Analytics

Service providersi

Plan features & details

Opportunity flagsi

Expense breakdowni

Audit opinioni

Benchmarks

Service providers

Opportunity flags

Expense breakdown

Audit opinion

Benchmarks

Service providers

Opportunity flags

Expense breakdown

Audit opinion