Retirement plan

BRECHBUHLER SCALES, INC. 401(K) RETIREMENT SAVINGS PLAN

Name: BRECHBUHLER SCALES, INC. - BRECHBUHLER SCALES, INC. 401(K) RETIREMENT SAVINGS PLAN (2024) Form 5500
Creator: BRECHBUHLER SCALES, INC.
License: https://www.dol.gov/general/disclaim
Keywords: Form 5500, ERISA, retirement plan, BRECHBUHLER SCALES, INC. 401(K) RETIREMENT SAVINGS PLAN, BRECHBUHLER SCALES, INC.

BRECHBUHLER SCALES, INC.EIN 34-0858812Plan #001PY 2024

1424 SCALE STREET SW - CANTON, OH 44706330-458-3041brechbuhler.comLinkedIn201-500 employeesmachinery

Prospect flagsNo flags tripped

Top hat statement on fileNQDC

Filed October 10, 2018 (most recent of 2 filings on file)

Plan administrator

Plan administrator name— Sign in and upgrade to view

1424 Scale Street SW

Canton State: OH Zip Code: 44706

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Plans declared (1)

Brechbuhler Scales Inc. and Affiliated Companies Employee Stock Plan10 emp

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Total assets (EOY)

$28.5M

+22.1% from 2023

Total participants

316

+3.6% from 2023

Average account balance

$90,546

+17.1% from 2023

Annual return

14.83%

+0.71 pp from 2023

Benchmarks

See 1,035 peers

Peer group

Industry81 - Other Services (except Public Administration)

Plan typeDefined contribution

Participants250-999

Cohort1,035 peers

Snapshot2024

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

Analytics

Total assets (EOY)

Plan-year ending balance

$28.52M

Not enough data

1 years with asset history on file

Average account balance

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

$91K

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.

315

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.

99.6%

Not enough data

1 years with eligibility data

Contributions (total)

Employer and participant dollars contributed each year

$2.30M

Not enough data

1 years with contributions on file

Contributions per participant

Average employer and participant contribution per enrolled participant

$8K

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

+14.83%

Not enough data

1 years with return on file

Admin fee / account holder

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

$256

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

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Service providers

Top 3 by compensation

Provider	Service type	Compensation
BEESE FULMER INVESTMENT MANAGE2 years Service code 26 · EIN 34-1314835	Advisory (Participants)	$70,699
CHARLES SCHWAB & CO., INC.2 years Filed as: SCHWAB RETIREMENT PLAN SERVICES,INC Service code 15 · EIN 34-1479833	Recordkeeping	$33,978
CHARLES SCHWAB & CO., INC.2 years Service code 33 · EIN 94-1737782	Float revenue; Securities brokerage c...	$31

Plan features & details

Pension benefit codes2E2F2G2J2S2T3B3D3H

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.
2S
Automatic enrollment
Plan provides for automatic enrollment in plan that has elective contributions deducted from payroll.
2T
Default investment account
Total or partial participant-directed account plan where plan uses a default investment account for participants who fail to direct assets in their account.
3B
Plan covering self-employed individuals
Plan covering self-employed individuals.
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

0 tripped

No flags tripped for this filing year. This plan looks clean.

Expense breakdown

Schedule H Part II

Admin total

$81K

$284 / participant

Recordkeeping$34K42.1%
Investment mgmt$47K57.9%

% of EOY assets

0.283%

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: 415 GROUP,INC
Auditor EIN: 341341400
Audit fees: (not subdivided)
Opinion code: Unqualified

Metric

This plan

Peer set

Industry

Size

Avg account balance

$90,546

$65,960+37.3%

$81,882+10.6%

$77,762+16.4%

Participation rate

99.6%

65.8%+33.9pp

72.4%+27.3pp

70.6%+29.1pp

Annual return

14.83%

26.64%-11.8pp

779.47%-764.6pp

31.27%-16.4pp

Employer contribution / active EE

$2,376

$2,3750%

$2,916-18.5%

$2,728-12.9%

Participant deferral / active EE

$5,729

$3,505+63.5%

$4,323+32.5%

$4,651+23.2%

Admin fee / account holder

$256

$526-51.4%

$7,360-96.5%

$433-40.9%

Provider

Service type

Compensation

BEESE FULMER INVESTMENT MANAGE2 years

Service code 26 · EIN 34-1314835

Advisory (Participants)

$70,699

CHARLES SCHWAB & CO., INC.2 years

Filed as: SCHWAB RETIREMENT PLAN SERVICES,INC

Service code 15 · EIN 34-1479833

Recordkeeping

$33,978

CHARLES SCHWAB & CO., INC.2 years

Service code 33 · EIN 94-1737782

Float revenue; Securities brokerage c...

$31

BRECHBUHLER SCALES, INC. 401(K) RETIREMENT SAVINGS PLAN

Top hat statement on fileNQDC

Plan administrator

Plans declared (1)

Summary metrics

Benchmarksi

Analytics

Service providersi

Plan features & details

Opportunity flagsi

Expense breakdowni

Audit opinioni

BRECHBUHLER SCALES, INC. 401(K) RETIREMENT SAVINGS PLAN

Top hat statement on fileNQDC

Plan administrator

Plans declared (1)

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