Retirement plan

BURHANS GLASS COMPANY, INC. EMPLOYEES' PROFIT SHARING 401(K) PLAN

Name: BURHANS GLASS COMPANY, INC. - BURHANS GLASS COMPANY, INC. EMPLOYEES' PROFIT SHARING 401(K) PLAN (2020) Form 5500
Creator: BURHANS GLASS COMPANY, INC.
License: https://www.dol.gov/general/disclaim
Keywords: Form 5500, ERISA, retirement plan, BURHANS GLASS COMPANY, INC. EMPLOYEES' PROFIT SHARING 401(K) PLAN, BURHANS GLASS COMPANY, INC.

BURHANS GLASS COMPANY, INC.EIN 23-1669035Plan #001PY 2020

110 E. BEIDLER ROAD - KING OF PRUSSIA, PA 19406610-265-2040burhansglass.comLinkedIn11-50 employeesglass, ceramics & concrete

Prospect flagsHigh feesLow participant contribution

How to read this page

Total assets (EOY)

$2.7M

+10.1% from 2019

Total participants

0.0% from 2019

Average account balance

$92,962

+13.9% from 2019

Annual return

9.51%

-14.22 pp from 2019

Benchmarks

See 22,196 peers

Peer group

Industry42 - Wholesale Trade

Plan typeDefined contribution

Participants<25

Cohort22,196 peers

Snapshot2020

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

Analytics

Total assets (EOY)

Plan-year ending balance

$3.53M

Not enough data

1 years with asset history on file

Average account balance

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

$118K

Not enough data

1 years with per-participant data

Participants with account balance

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

Not enough data

1 years with headcount on file

Eligible Participants and Participation

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

136.4%

Not enough data

1 years with eligibility data

Contributions (total)

Employer and participant dollars contributed each year

$110K

Not enough data

1 years with contributions on file

Contributions per participant

Average employer and participant contribution per enrolled participant

$5K

Not enough data

1 years with per-participant contribution data

Asset flow

BOY + contributions + return - distributions = EOY

Year

Annual return

Diverging bars; negative years highlighted

+13.73%

Not enough data

1 years with return on file

Admin fee / account holder

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

$2536

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 codes2E2H2J3D

Plan features

2E
Profit-sharing
Profit-sharing plan.
2H
Partial participant-directed account plan
Participants have the opportunity to direct the investment of a portion 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

OpportunityLow participant contribution
Participant contribution per participant is in the bottom quintile of the peer cohort.
OpportunityHigh fees
Administrative expenses exceed $300 per participant per year - possible fee-review opportunity. (Recordkeeping / audit / legal; excludes investment management.)

Expense breakdown

Schedule H Part II

Admin total

$33K

$1437 / participant

Other / not subdivided$33K100.0%

% of EOY assets

1.226%

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

$92,962

$162,812-42.9%

$133,971-30.6%

$158,966-41.5%

Participation rate

91.3%

83.2%+8.1pp

79.8%+11.5pp

82.0%+9.3pp

Annual return

9.51%

41.94%-32.4pp

45.09%-35.6pp

302.95%-293.4pp

Employer contribution / active EE

$4,976-100.0%

$3,919-100.0%

$4,762-100.0%

Participant deferral / active EE

$1,334

$5,910-77.4%

$5,047-73.6%

$5,983-77.7%

Admin fee / account holder

$1,139

$11,741-90.3%

$8,929-87.2%

$11,250-89.9%

BURHANS GLASS COMPANY, INC. EMPLOYEES' PROFIT SHARING 401(K) PLAN

Summary metrics

Benchmarksi

Analytics

Service providersi

Plan features & details

Opportunity flagsi

Expense breakdowni

Audit opinioni

BURHANS GLASS COMPANY, INC. EMPLOYEES' PROFIT SHARING 401(K) 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