Retirement plan

PAUL BRADIGAN & SONS, INC. 401(K) PROFIT SHARING PLAN AND TRUST

Name: PAUL BRADIGAN & SONS, INC. - PAUL BRADIGAN & SONS, INC. 401(K) PROFIT SHARING PLAN AND TRUST (2024) Form 5500
Creator: PAUL BRADIGAN & SONS, INC.
License: https://www.dol.gov/general/disclaim
Keywords: Form 5500, ERISA, retirement plan, PAUL BRADIGAN & SONS, INC. 401(K) PROFIT SHARING PLAN AND TRUST, PAUL BRADIGAN & SONS, INC.

PAUL BRADIGAN & SONS, INC.EIN 25-1271907Plan #002PY 2024

114 SOUTH WATER STREET - KITTANNING, PA 16201724-548-7654

Other plans on this EIN

1 filing

#003Retirement-$386K assets

Prospect flagsHigh fees

How to read this page

Total assets (EOY)

$617K

+49.6% from 2023

Total participants

+50.0% from 2023

Average account balance

$41,126

+19.6% from 2023

Annual return

17.64%

-2.62 pp from 2023

Benchmarks

See 23,845 peers

Peer group

Industry42 - Wholesale Trade

Plan typeDefined contribution

Participants<25

Cohort23,845 peers

Snapshot2024

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

Analytics

Total assets (EOY)

Plan-year ending balance

$617K

Not enough data

1 years with asset history on file

Average account balance

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

$41K

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.

107.1%

Not enough data

1 years with eligibility data

Contributions (total)

Employer and participant dollars contributed each year

$132K

Not enough data

1 years with contributions on file

Contributions per participant

Average employer and participant contribution per enrolled participant

$9K

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

+17.64%

Not enough data

1 years with return on file

Admin fee / account holder

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

$544

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

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

$8K

$583 / participant

Other / not subdivided$8K100.0%

% of EOY assets

1.323%

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

$41,126

$166,268-75.3%

$165,100-75.1%

$145,897-71.8%

Participation rate

78.6%

82.0%-3.5pp

78.6%-0.1pp

80.3%-1.7pp

Annual return

17.64%

100.52%-82.9pp

70.21%-52.6pp

552.29%-534.7pp

Employer contribution / active EE

$5,629

$5,284+6.5%

$4,348+29.5%

$4,663+20.7%

Participant deferral / active EE

$3,776

$6,964-45.8%

$6,035-37.4%

$6,689-43.5%

Admin fee / account holder

$544

$16,659-96.7%

$12,696-95.7%

$13,390-95.9%

PAUL BRADIGAN & SONS, INC. 401(K) PROFIT SHARING PLAN AND TRUST

Summary metrics

Benchmarksi

Analytics

Service providersi

Plan features & details

Opportunity flagsi

Expense breakdowni

Audit opinioni

PAUL BRADIGAN & SONS, INC. 401(K) PROFIT SHARING PLAN AND TRUST

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