Retirement plan

BGR, INC. 401(K) PROFIT SHARING PLAN

Name: BGR, INC. - BGR, INC. 401(K) PROFIT SHARING PLAN (2021) 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 2021

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

Prospect flagsLow returns

How to read this page

Total assets (EOY)

$26.5M

-0.0% from 2020

Total participants

228

+8.6% from 2020

Average account balance

$141,154

-1.6% from 2020

Annual return

11.77%

-1.57 pp from 2020

Benchmarks

See 2,250 peers

Peer group

Industry42 - Wholesale Trade

Plan typeDefined contribution

Participants100-249

Cohort2,250 peers

Snapshot2021

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 AMERICA6 years Service code 13 · EIN 31-1360674	Contract Administrator	$23,519
CHARLES SCHWAB & CO., INC.2 years Filed as: CHARLES SCHWAB TRUST BANK Service code 19 · EIN 82-3967259	Securities Custodian	$5,389
CHARLES SCHWAB & CO., INC.6 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

OpportunityLow returns
Annual investment return is in the bottom quintile of the peer cohort.

Expense breakdown

Schedule H Part II

Admin total

$28K

$141 / participant

Contract admin$28K100.0%

% of EOY assets

0.107%

all-in expense ratio

Categories reported

1 / 9

subdivided buckets used

Audit opinion

Schedule H Part III

Unqualified opinion

Auditor signed off without reservation - the cleanest possible opinion.

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

Metric

This plan

Peer set

Industry

Size

Avg account balance

$141,154

$93,182+51.5%

$146,685-3.8%

$79,393+77.8%

Participation rate

80.1%

76.4%+3.7pp

80.1%0pp

70.7%+9.4pp

Annual return

11.77%

21.61%-9.8pp

22.75%-11.0pp

116.87%-105.1pp

Employer contribution / active EE

$2,381

$2,420-1.6%

$4,137-42.5%

$2,428-1.9%

Participant deferral / active EE

$4,599

$4,169+10.3%

$5,507-16.5%

$4,046+13.7%

Admin fee / account holder

$151

$585-74.2%

$10,281-98.5%

$627-75.9%

Provider

Service type

Compensation

PENSION CORPORATION OF AMERICA6 years

Service code 13 · EIN 31-1360674

Contract Administrator

$23,519

CHARLES SCHWAB & CO., INC.2 years

Filed as: CHARLES SCHWAB TRUST BANK

Service code 19 · EIN 82-3967259

Securities Custodian

$5,389

CHARLES SCHWAB & CO., INC.6 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