Retirement plan

BGR, INC. 401(K) PROFIT SHARING PLAN

Name: BGR, INC. - BGR, INC. 401(K) PROFIT SHARING PLAN (2020) 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 2020

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)

$26.5M

+17.9% from 2019

Total participants

210

+12.3% from 2019

Average account balance

$143,488

-11.4% from 2019

Annual return

13.35%

-6.81 pp from 2019

Benchmarks

See 2,270 peers

Peer group

Industry42 - Wholesale Trade

Plan typeDefined contribution

Participants100-249

Cohort2,270 peers

Snapshot2020

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 AMERICA5 years Service code 13 · EIN 31-1360674	Contract Administrator	$16,059
CHARLES SCHWAB & CO., INC.1 year Filed as: CHARLES SCHWAB TRUST BANK Service code 19 · EIN 82-3967259	Securities Custodian	$4,809
CHARLES SCHWAB & CO., INC.5 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

$21K

$112 / participant

Contract admin$21K100.0%

% of EOY assets

0.079%

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

$143,488

$81,494+76.1%

$133,978+7.1%

$73,497+95.2%

Participation rate

86.6%

76.4%+10.3pp

79.8%+6.8pp

70.7%+15.9pp

Annual return

13.35%

19.40%-6.1pp

45.10%-31.7pp

28.51%-15.2pp

Employer contribution / active EE

$2,273

$2,210+2.9%

$3,919-42.0%

$2,270+0.1%

Participant deferral / active EE

$4,448

$3,787+17.5%

$5,047-11.9%

$3,740+18.9%

Admin fee / account holder

$113

$713-84.2%

$8,930-98.7%

$513-78.0%

Provider

Service type

Compensation

PENSION CORPORATION OF AMERICA5 years

Service code 13 · EIN 31-1360674

Contract Administrator

$16,059

CHARLES SCHWAB & CO., INC.1 year

Filed as: CHARLES SCHWAB TRUST BANK

Service code 19 · EIN 82-3967259

Securities Custodian

$4,809

CHARLES SCHWAB & CO., INC.5 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