Retirement plan

BCTGM ATLANTIC PROFIT SHARING FUND

Name: BCTGM ATLANTIC PROFIT SHARING PLAN - BCTGM ATLANTIC PROFIT SHARING FUND (2024) Form 5500
Creator: BCTGM ATLANTIC PROFIT SHARING PLAN
License: https://www.dol.gov/general/disclaim
Keywords: Form 5500, ERISA, retirement plan, BCTGM ATLANTIC PROFIT SHARING FUND, BCTGM ATLANTIC PROFIT SHARING PLAN

BCTGM ATLANTIC PROFIT SHARING PLANEIN 23-2972313Plan #001PY 2024

601 DRESHER ROAD, STE 103 - HORSHAM, PA 19044267-387-6383

Prospect flagsLow assets / participantLow participant contribution

How to read this page

Total assets (EOY)

$43.8M

+11.9% from 2023

Total participants

2,775

-3.4% from 2023

Average account balance

$15,788

+15.8% from 2023

Annual return

14.55%

-3.88 pp from 2023

Benchmarks

See 262 peers

Peer group

Industry31 - Manufacturing

Plan typeDefined contribution

Participants1,000-4,999

Cohort262 peers

Snapshot2024

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

Analytics

Total assets (EOY)

Plan-year ending balance

$43.81M

Not enough data

1 years with asset history on file

Average account balance

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

$16K

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.

2,775

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.

100.0%

Not enough data

1 years with eligibility data

Contributions (total)

Employer and participant dollars contributed each year

$3.02M

Not enough data

1 years with contributions on file

Contributions per participant

Average employer and participant contribution per enrolled participant

$3K

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

+14.55%

Not enough data

1 years with return on file

Admin fee / account holder

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

$142

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

1 years with F_SCH_H allocation on file

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

Service providers

Top 7 by compensation

Provider	Service type	Compensation
TRANSAMERICA RETIREMENT SOLUTIONS10+ years Service code 15 · EIN 13-3689044 6400 C STREET SW - MAIL STOP E1 CR · CEDAR RAPIDS, IA 52499	Recordkeeping	$223,444
CADARET GRANT & CO INC4 years Filed as: CADARET GRANT & COMPANY Service code 27 · EIN 22-2361254 ONE LINCOLN CENTER, 14TH FLOOR · SYRACUSE, NY 31202	Advisory (Plan)	$85,426
CITRIN COOPERMAN1 year Filed as: CITRIN COOPERMAN & COMPANY, LLP Service code 10 · EIN 22-2428965 100 JERICHO QUADRANGLE STE 342 · JERICHO, NY 11753	Accounting	$18,551
ABATO, RUBENSTEIN & ABATO10+ years Filed as: ABATO, RUBENSTEIN AND ABATO, P.A. Service code 29 · EIN 52-0904713 809 GLENEAGLES COURT, SUITE 320 · BALTIMORE, MD 21286	Legal	$15,000
WB ADVISORS1 year Filed as: WB ADVISORS, LLC Service code 13 · EIN 45-4840347 118 NORTH BEDFORD ROAD, SUITE 100 · MOUNT KISCO, NY 10549	Contract Administrator	$12,000
MID ATLANTIC CAPITAL CORPORATION10+ years Service code 33 · EIN 25-1409618 1251 WATERFRONT PLACE SUITE 510 · PITTSBURGH, PA 15222	Securities brokerage; Securities brok...	$0
NATIONAL FINANCIAL SERVICES10+ years Service code 33 · EIN 04-3523567 245 SUMMER STREET V4C · BOSTON, MA 02210	Securities brokerage; Securities brok...	$0

Plan features & details

Pension benefit codes2E2F2G2J

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.

Opportunity flags

2 tripped

OpportunityLow participant contribution
Participant contribution per participant is in the bottom quintile of the peer cohort.
OpportunityLow assets / participant
Assets per participant are in the bottom quintile of the peer cohort - savings-rate / match opportunity.

Expense breakdown

Schedule H Part II

Admin total

$395K

$338 / participant

Investment mgmt$85K21.6%
Legal$15K3.8%
Contract admin$223K56.6%
Other / not subdivided$71K18.0%

% of EOY assets

0.901%

all-in expense ratio

Categories reported

3 / 9

subdivided buckets used

Audit opinion

Schedule H Part III

Unqualified opinion

Auditor signed off without reservation - the cleanest possible opinion.

Auditor firm: CITRIN COOPERMAN & COMPANY, LLP
Auditor EIN: 222428965
Audit fees: $18,551
Opinion code: Unqualified

Metric

This plan

Peer set

Industry

Size

Avg account balance

$15,788

$76,172-79.3%

$81,353-80.6%

$199,960-92.1%

Participation rate

100.0%

76.2%+23.8pp

69.5%+30.5pp

72.0%+28.0pp

Annual return

14.55%

15.59%-1.0pp

24.82%-10.3pp

34.28%-19.7pp

Employer contribution / active EE

$1,453

$2,800-48.1%

$2,464-41.0%

$3,036-52.2%

Participant deferral / active EE

$1,125

$4,200-73.2%

$3,885-71.0%

$5,087-77.9%

Admin fee / account holder

$142

$146-2.6%

$5,766-97.5%

$269-47.2%

Provider

Service type

Compensation

TRANSAMERICA RETIREMENT SOLUTIONS10+ years

Service code 15 · EIN 13-3689044

6400 C STREET SW - MAIL STOP E1 CR · CEDAR RAPIDS, IA 52499

Recordkeeping

$223,444

CADARET GRANT & CO INC4 years

Filed as: CADARET GRANT & COMPANY

Service code 27 · EIN 22-2361254

ONE LINCOLN CENTER, 14TH FLOOR · SYRACUSE, NY 31202

Advisory (Plan)

$85,426

CITRIN COOPERMAN1 year

Filed as: CITRIN COOPERMAN & COMPANY, LLP

Service code 10 · EIN 22-2428965

100 JERICHO QUADRANGLE STE 342 · JERICHO, NY 11753

Accounting

$18,551

ABATO, RUBENSTEIN & ABATO10+ years

Filed as: ABATO, RUBENSTEIN AND ABATO, P.A.

Service code 29 · EIN 52-0904713

809 GLENEAGLES COURT, SUITE 320 · BALTIMORE, MD 21286

Legal

$15,000

WB ADVISORS1 year

Filed as: WB ADVISORS, LLC

Service code 13 · EIN 45-4840347

118 NORTH BEDFORD ROAD, SUITE 100 · MOUNT KISCO, NY 10549

Contract Administrator

$12,000

MID ATLANTIC CAPITAL CORPORATION10+ years

Service code 33 · EIN 25-1409618

1251 WATERFRONT PLACE SUITE 510 · PITTSBURGH, PA 15222

Securities brokerage; Securities brok...

NATIONAL FINANCIAL SERVICES10+ years

Service code 33 · EIN 04-3523567

245 SUMMER STREET V4C · BOSTON, MA 02210

Securities brokerage; Securities brok...

BCTGM ATLANTIC PROFIT SHARING FUND

Summary metrics

Benchmarksi

Analytics

Service providersi

Plan features & details

Opportunity flagsi

Expense breakdowni

Audit opinioni

BCTGM ATLANTIC PROFIT SHARING FUND

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