Retirement plan

BGR, INC. 401(K) PROFIT SHARING PLAN

Name: BGR, INC. - BGR, INC. 401(K) PROFIT SHARING PLAN (2019) 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 2019

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

Prospect flagsHigh cash

How to read this page

Total assets (EOY)

$22.5M

+23.3% from 2018

Total participants

187

+3.3% from 2018

Average account balance

$161,969

+18.0% from 2018

Annual return

20.16%

+23.77 pp from 2018

Benchmarks

See 2,363 peers

Peer group

Industry42 - Wholesale Trade

Plan typeDefined contribution

Participants100-249

Cohort2,363 peers

Snapshot2019

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 3 by compensation

Provider	Service type	Compensation
PENSION CORPORATION OF AMERICA4 years Service code 13 · EIN 31-1360674	Contract Administrator	$22,395
CHARLES SCHWAB & CO., INC.4 years Filed as: CHARLES SCHWAB BANK Service code 19 · EIN 42-1558009	Securities Custodian	$3,393
CHARLES SCHWAB & CO., INC.4 years Service code 59	Shareholder Servicing	$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

1 tripped

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

$16K

$89 / participant

Contract admin$16K100.0%

% of EOY assets

0.070%

all-in expense ratio

Categories reported

1 / 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

$161,969

$86,341+87.6%

$125,192+29.4%

$65,185+148.5%

Participation rate

72.7%

75.3%-2.6pp

79.8%-7.1pp

70.2%+2.5pp

Annual return

20.16%

27.44%-7.3pp

43.79%-23.6pp

29.38%-9.2pp

Employer contribution / active EE

$1,932

$2,040-5.3%

$3,866-50.0%

$2,177-11.3%

Participant deferral / active EE

$3,668

$3,538+3.7%

$4,937-25.7%

$3,514+4.4%

Admin fee / account holder

$113

$609-81.5%

$9,704-98.8%

$847-86.7%

Provider

Service type

Compensation

PENSION CORPORATION OF AMERICA4 years

Service code 13 · EIN 31-1360674

Contract Administrator

$22,395

CHARLES SCHWAB & CO., INC.4 years

Filed as: CHARLES SCHWAB BANK

Service code 19 · EIN 42-1558009

Securities Custodian

$3,393

CHARLES SCHWAB & CO., INC.4 years

Service code 59

Shareholder Servicing

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