Retirement plan

BROWARD IMPACT WINDOW & DOOR, INC. 401(K) PLAN

Name: BROWARD IMPACT WINDOW & DOOR, INC - BROWARD IMPACT WINDOW & DOOR, INC. 401(K) PLAN (2023) Form 5500
Creator: BROWARD IMPACT WINDOW & DOOR, INC
License: https://www.dol.gov/general/disclaim
Keywords: Form 5500, ERISA, retirement plan, BROWARD IMPACT WINDOW & DOOR, INC. 401(K) PLAN, BROWARD IMPACT WINDOW & DOOR, INC

BROWARD IMPACT WINDOW & DOOR, INCEIN 26-4814159Plan #001PY 2023

1954 TIGERTAIL BLVD - DANIA BEACH, FL 33004954-922-0606browardimpact.comLinkedIn11-50 employeesconstruction

Prospect flagsNo flags tripped

How to read this page

Total assets (EOY)

$140K

+121.1% from 2022

Total participants

+16.7% from 2022

Average account balance

$19,994

+89.5% from 2022

Annual return

21.29%

+56.80 pp from 2022

Benchmarks

See 51,649 peers

Peer group

Industry23 - Construction

Plan typeDefined contribution

Participants<25

Cohort51,649 peers

Snapshot2023

See peer percentile detail. $4.99 for your first month.

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Analytics

Total assets (EOY)

Plan-year ending balance

$304K

Not enough data

1 years with asset history on file

Average account balance

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

$43K

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.

175.0%

Not enough data

1 years with eligibility data

Contributions (total)

Employer and participant dollars contributed each year

$53K

Not enough data

1 years with contributions on file

Contributions per participant

Average employer and participant contribution per enrolled participant

$13K

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

+19.88%

Not enough data

1 years with return on file

Admin fee / account holder

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

$510

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

See the 5-year trajectory. $4.99 for your first month.

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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 codes2J2T2F2G3D2E

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.

Opportunity flags

0 tripped

No flags tripped for this filing year. This plan looks clean.

Expense breakdown

Schedule H Part II

Admin total

$712

$142 / participant

Other / not subdivided$712100.0%

% of EOY assets

0.509%

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: -

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Metric

This plan

Peer set

Industry

Size

Avg account balance

$19,994

$106,515-81.2%

$96,683-79.3%

$139,434-85.7%

Participation rate

100.0%

77.8%+22.2pp

74.3%+25.7pp

80.3%+19.7pp

Annual return

21.29%

38.43%-17.1pp

35.69%-14.4pp

372.94%-351.6pp

Employer contribution / active EE

$2,542

$4,103-38.0%

$3,737-32.0%

$4,751-46.5%

Participant deferral / active EE

$10,095

$5,454+85.1%

$4,878+106.9%

$6,710+50.4%

Admin fee / account holder

$102

$7,877-98.7%

$6,730-98.5%

$11,403-99.1%

BROWARD IMPACT WINDOW & DOOR, INC. 401(K) PLAN

Summary metrics

Benchmarksi

Analytics

Service providersi

Plan features & details

Opportunity flagsi

Expense breakdowni

Audit opinioni

BROWARD IMPACT WINDOW & DOOR, INC. 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