Retirement plan

BGR, INC. 401(K) PROFIT SHARING PLAN

Name: BGR, INC. - BGR, INC. 401(K) PROFIT SHARING PLAN (2016) Form 5500
Creator: BGR, INC.
License: https://www.dol.gov/general/disclaim
Keywords: Form 5500, ERISA, retirement plan, BGR, INC. 401(K) PROFIT SHARING PLAN, BGR, INC.

BGR, INC.EIN 31-0841900Plan #001PY 2016

6392 GANO ROAD - WEST CHESTER, OH 450694809513-755-7100packbgr.comLinkedIn201-500 employeespackaging and containers

Prospect flagsHigh cashLow participation

How to read this page

Total assets (EOY)

$17M

+10.4% from 2015

Total participants

163

+45.5% from 2015

Average account balance

$151,388

+8.4% from 2015

Annual return

12.37%

+16.71 pp from 2015

Benchmarks

See 2,366 peers

Peer group

Industry42 - Wholesale Trade

Plan typeDefined contribution

Participants100-249

Cohort2,366 peers

Snapshot2016

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

Analytics

Total assets (EOY)

Plan-year ending balance

$17.56M

Not enough data

1 years with asset history on file

Average account balance

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

$92K

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.

190

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.

81.5%

Not enough data

1 years with eligibility data

Contributions (total)

Employer and participant dollars contributed each year

$1.93M

Not enough data

1 years with contributions on file

Contributions per participant

Average employer and participant contribution per enrolled participant

$10K

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

+11.88%

Not enough data

1 years with return on file

Admin fee / account holder

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

$336

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 4 by compensation

Provider	Service type	Compensation
PENSION CORPORATION OF AMERICA1 year Service code 13 · EIN 31-1360674	Contract Administrator	$38,524
PCA INVESTMENT ADVISORY SERVICES1 year Service code 26 · EIN 59-3766965	Advisory (Participants)	$1,316
CHARLES SCHWAB & CO., INC.1 year Service code 59	Shareholder Servicing	$0
CHARLES SCHWAB & CO., INC.1 year Filed as: CHARLES SCHWAB BANK Service code 19 · EIN 42-1558009	Securities Custodian	$0

Plan features & details

Pension benefit codes2E2F2H2J3D

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).
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 participation
Participation rate is below 70% (account-balance holders / active employees) - enrollment or auto-enroll opportunity.
OpportunityHigh cash
More than 10% of assets are held in cash - possible menu-design or default-fund problem.

Expense breakdown

Schedule H Part II

Admin total

$20K

$128 / participant

Investment mgmt$1K6.7%
Contract admin$18K93.3%

% of EOY assets

0.115%

all-in expense ratio

Categories reported

2 / 9

subdivided buckets used

Audit opinion

Schedule H Part III

Disclaimer opinion

Auditor declined to express an opinion - usually a 103(a)(3)(C) limited-scope election.

Auditor firm: BARNES DENNIG
Auditor EIN: 311119890
Audit fees: (not subdivided)
Opinion code: Disclaimer

Metric

This plan

Peer set

Industry

Size

Avg account balance

$151,388

$63,924+136.8%

$108,582+39.4%

$55,167+174.4%

Participation rate

66.4%

74.3%-7.9pp

79.6%-13.1pp

69.0%-2.5pp

Annual return

12.37%

15.31%-2.9pp

-51.70%+64.1pp

169.23%-156.9pp

Employer contribution / active EE

$1,978

$1,879+5.3%

$3,758-47.4%

$1,963+0.8%

Participant deferral / active EE

$2,868

$3,067-6.5%

$4,311-33.5%

$3,054-6.1%

Admin fee / account holder

$174

$618-71.8%

$7,645-97.7%

$504-65.4%

Provider

Service type

Compensation

PENSION CORPORATION OF AMERICA1 year

Service code 13 · EIN 31-1360674

Contract Administrator

$38,524

PCA INVESTMENT ADVISORY SERVICES1 year

Service code 26 · EIN 59-3766965

Advisory (Participants)

$1,316

CHARLES SCHWAB & CO., INC.1 year

Service code 59

Shareholder Servicing

CHARLES SCHWAB & CO., INC.1 year

Filed as: CHARLES SCHWAB BANK

Service code 19 · EIN 42-1558009

Securities Custodian

BGR, INC. 401(K) PROFIT SHARING PLAN

Summary metrics

Benchmarksi

Analytics

Service providersi

Plan features & details

Opportunity flagsi

Expense breakdowni

Audit opinioni

BGR, INC. 401(K) PROFIT SHARING 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