Retirement plan

B.I.G. CO., INC. DBA CAPO VALLEY FIRESIDE PROFIT SHARING PLAN

Name: B.I.G. CO., INC. DBA CAPO VALLEY FIRESIDE - B.I.G. CO., INC. DBA CAPO VALLEY FIRESIDE PROFIT SHARING PLAN (2022) Form 5500
Creator: B.I.G. CO., INC. DBA CAPO VALLEY FIRESIDE
License: https://www.dol.gov/general/disclaim
Keywords: Form 5500, ERISA, retirement plan, B.I.G. CO., INC. DBA CAPO VALLEY FIRESIDE PROFIT SHARING PLAN, B.I.G. CO., INC. DBA CAPO VALLEY FIRESIDE

B.I.G. CO., INC. DBA CAPO VALLEY FIRESIDEEIN 33-0028430Plan #001PY 2022

26401 VIA DE ANZA - SAN JUAN CAPISTRANO, CA 92675949-364-5118LinkedIn51-200 employeesindividual & family services

Prospect flagsHigh feesLow participationCorrective distributions

How to read this page

Total assets (EOY)

$5.2M

-11.2% from 2021

Total participants

147

+8.1% from 2021

Average account balance

$62,422

-4.9% from 2021

Annual return

-16.17%

-27.15 pp from 2021

Benchmarks

See 2,205 peers

Peer group

Industry44 - Retail Trade

Plan typeDefined contribution

Participants100-249

Cohort2,205 peers

Snapshot2022

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

Analytics

Total assets (EOY)

Plan-year ending balance

$6.56M

Not enough data

1 years with asset history on file

Average account balance

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

$80K

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.

60.7%

Not enough data

1 years with eligibility data

Contributions (total)

Employer and participant dollars contributed each year

$498K

Not enough data

1 years with contributions on file

Contributions per participant

Average employer and participant contribution per enrolled participant

$4K

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

+10.64%

Not enough data

1 years with return on file

Admin fee / account holder

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

$3361

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

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Service providers

Top 2 by compensation

Provider	Service type	Compensation
CORNERSTONE WEALTH GROUP1 year Filed as: CORNERSTONE WEALTH ADVISORS Service code 26 · EIN 27-4371298	Advisory (Participants)	$15,357
JOHN HANCOCK LIFE INSURANCE COMPANY3 years Filed as: JOHN HANCOCK LIFE INCSURANCE CO. Service code 15 · EIN 01-0233346	Recordkeeping	$594

Plan features & details

Pension benefit codes2E2F2G2J2K3D3H

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.
2K
Code section 401(m) arrangement
Employee contributions are allocated to separate accounts under the plan or employer contributions are based in whole or in part on employee deferrals or contributions to the plan. Not applicable to 401(k) plans with only QNECs and/or QMACs or to 403(b)(1) 403(b)(7) or 408 arrangements.
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.
3H
Controlled group member
Plan sponsor(s) is (are) a member(s) of a controlled group (Code sections 414(b) (c) or (m)).

Opportunity flags

3 tripped

OpportunityLow participation
Participation rate is below 70% (account-balance holders / active employees) - enrollment or auto-enroll opportunity.
OpportunityHigh fees
Administrative expenses exceed $300 per participant per year - possible fee-review opportunity. (Recordkeeping / audit / legal; excludes investment management.)
ComplianceCorrective distributions
Plan reported corrective distributions (failed ADP/ACP testing).

Expense breakdown

Schedule H Part II

Admin total

$44K

$386 / participant

Investment mgmt$15K34.6%
Contract admin$29K64.6%
Other / not subdivided$3500.8%

% of EOY assets

0.846%

all-in expense ratio

Categories reported

2 / 9

subdivided buckets used

Audit opinion

Schedule H Part III

Unqualified opinion

Auditor signed off without reservation - the cleanest possible opinion.

Auditor firm: WEWORSKI AND ASSOCIATES
Auditor EIN: 330516783
Audit fees: (not subdivided)
Opinion code: Unqualified

Metric

This plan

Peer set

Industry

Size

Avg account balance

$62,422

$49,451+26.2%

$79,580-21.6%

$66,938-6.7%

Participation rate

45.2%

61.3%-16.1pp

69.5%-24.3pp

69.8%-24.6pp

Annual return

-16.17%

84.25%-100.4pp

0.15%-16.3pp

1.58%-17.8pp

Employer contribution / active EE

$1,591

$1,266+25.7%

$2,413-34.1%

$2,545-37.5%

Participant deferral / active EE

$2,723

$3,159-13.8%

$3,985-31.7%

$4,238-35.8%

Admin fee / account holder

$528

$595-11.2%

$6,835-92.3%

$594-11.0%

Provider

Service type

Compensation

CORNERSTONE WEALTH GROUP1 year

Filed as: CORNERSTONE WEALTH ADVISORS

Service code 26 · EIN 27-4371298

Advisory (Participants)

$15,357

JOHN HANCOCK LIFE INSURANCE COMPANY3 years

Filed as: JOHN HANCOCK LIFE INCSURANCE CO.

Service code 15 · EIN 01-0233346

Recordkeeping

$594

B.I.G. CO., INC. DBA CAPO VALLEY FIRESIDE PROFIT SHARING PLAN

Summary metrics

Benchmarksi

Analytics

Service providersi

Plan features & details

Opportunity flagsi

Expense breakdowni

Audit opinioni

B.I.G. CO., INC. DBA CAPO VALLEY FIRESIDE 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