Retirement plan

BICKERDIKE REDEVELOPMENT CORPORATION 401(K) PLAN

Name: BICKERDIKE REDEVELOPEMENT CORPORATI ON - BICKERDIKE REDEVELOPMENT CORPORATION 401(K) PLAN (2019) Form 5500
Creator: BICKERDIKE REDEVELOPEMENT CORPORATI ON
License: https://www.dol.gov/general/disclaim
Keywords: Form 5500, ERISA, retirement plan, BICKERDIKE REDEVELOPMENT CORPORATION 401(K) PLAN, BICKERDIKE REDEVELOPEMENT CORPORATI ON

BICKERDIKE REDEVELOPEMENT CORPORATI ONEIN 23-7087890Plan #001PY 2019

2550 W NORTH AVE - CHICAGO, IL 60647773-278-5669bickerdike.orgLinkedIn51-200 employeescivic & social organization

Prospect flagsHigh fees

How to read this page

Total assets (EOY)

$2.1M

+28.6% from 2018

Total participants

+4.4% from 2018

Average account balance

$24,843

+19.4% from 2018

Annual return

16.74%

+22.56 pp from 2018

Benchmarks

See 15,814 peers

Peer group

Industry23 - Construction

Plan typeDefined contribution

Participants25-99

Cohort15,814 peers

Snapshot2019

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

Analytics

Total assets (EOY)

Plan-year ending balance

$3.28M

Not enough data

1 years with asset history on file

Average account balance

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

$50K

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.

124.5%

Not enough data

1 years with eligibility data

Contributions (total)

Employer and participant dollars contributed each year

$252K

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

+14.30%

Not enough data

1 years with return on file

Admin fee / account holder

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

$3542

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 codes2E2F2G2J2T3D3H

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.
2T
Default investment account
Total or partial participant-directed account plan where plan uses a default investment account for participants who fail to direct assets in their account.
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.
3H
Controlled group member
Plan sponsor(s) is (are) a member(s) of a controlled group (Code sections 414(b) (c) or (m)).

Opportunity flags

1 tripped

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

$104K

$1419 / participant

Other / not subdivided$104K100.0%

% of EOY assets

4.965%

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

$24,843

$65,361-62.0%

$92,903-73.3%

$72,983-66.0%

Participation rate

86.3%

68.3%+18.0pp

76.0%+10.3pp

69.5%+16.8pp

Annual return

16.74%

42.11%-25.4pp

109.43%-92.7pp

81.01%-64.3pp

Employer contribution / active EE

$1,322

$2,594-49.0%

$3,653-63.8%

$2,440-45.8%

Participant deferral / active EE

$2,563

$3,128-18.1%

$4,238-39.5%

$3,608-28.9%

Admin fee / account holder

$1,233

$4,251-71.0%

$5,795-78.7%

$5,124-75.9%

BICKERDIKE REDEVELOPMENT CORPORATION 401(K) PLAN

Summary metrics

Benchmarksi

Analytics

Service providersi

Plan features & details

Opportunity flagsi

Expense breakdowni

Audit opinioni

BICKERDIKE REDEVELOPMENT CORPORATION 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