Retirement plan

BREAKTHRU BEVERAGE LOCALS 14, 26, 533, 710 401(K) PROFIT SHARING PLAN

Name: BREAKTHRU BEVERAGE GROUP, LLC - BREAKTHRU BEVERAGE LOCALS 14, 26, 533, 710 401(K) PROFIT SHARING PLAN (2021) Form 5500
Creator: BREAKTHRU BEVERAGE GROUP, LLC
License: https://www.dol.gov/general/disclaim
Keywords: Form 5500, ERISA, retirement plan, BREAKTHRU BEVERAGE LOCALS 14, 26, 533, 710 401(K) PROFIT SHARING PLAN, BREAKTHRU BEVERAGE GROUP, LLC

BREAKTHRU BEVERAGE GROUP, LLCEIN 35-2545107Plan #007PY 2021

60 EAST 42ND STREET, SUITE 1915 - NEW YORK, NY 10165212-699-7000

Other plans on this EIN

3 filings

#001Retirement-$617.0M assets #005Retirement-$21.4M assets #002Retirement-$1.1M assets

Prospect flagsLow participationLow participant contribution

How to read this page

Total assets (EOY)

$18.2M

+20.6% from 2022

Total participants

319

-11.1% from 2022

Average account balance

$90,842

+30.8% from 2022

Annual return

13.28%

+26.89 pp from 2022

Benchmarks

See 1,276 peers

Peer group

Industry42 - Wholesale Trade

Plan typeDefined contribution

Participants250-999

Cohort1,276 peers

Snapshot2021

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

Analytics

Total assets (EOY)

Plan-year ending balance

$19.83M

Not enough data

1 years with asset history on file

Average account balance

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

$87K

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.

228

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.

56.7%

Not enough data

1 years with eligibility data

Contributions (total)

Employer and participant dollars contributed each year

$2.00M

Not enough data

1 years with contributions on file

Contributions per participant

Average employer and participant contribution per enrolled participant

$6K

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

+12.82%

Not enough data

1 years with return on file

Admin fee / account holder

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

$124

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
FIDELITY INVESTMENTS INSTITUTIONAL1+ years Service code 37 · EIN 04-2647786	Loan Processing	$10,679
AYOTTE DECKER LLC1+ years Service code 16 · EIN 27-0376325	Consulting	$9,500
CAPFINANCIAL PARTNERS LLC1+ years Filed as: CAPTRUST Service code 16 · EIN 26-0058143	Consulting	$5,333

Plan features & details

Pension benefit codes2E2F2T3D2G2J3H

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.
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.
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

2 tripped

OpportunityLow participation
Participation rate is below 70% (account-balance holders / active employees) - enrollment or auto-enroll opportunity.
OpportunityLow participant contribution
Participant contribution per participant is in the bottom quintile of the peer cohort.

Expense breakdown

Schedule H Part II

Admin total

$27K

$92 / participant

Investment mgmt$1K4.0%
Other / not subdivided$26K96.0%

% of EOY assets

0.146%

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: ELLIN & TUCKER, CHARTERED
Auditor EIN: 520959934
Audit fees: (not subdivided)
Opinion code: Unqualified

Metric

This plan

Peer set

Industry

Size

Avg account balance

$90,842

$86,225+5.4%

$146,649-38.1%

$86,828+4.6%

Participation rate

58.7%

78.0%-19.3pp

80.1%-21.4pp

72.3%-13.6pp

Annual return

13.28%

31.23%-17.9pp

22.75%-9.5pp

97.95%-84.7pp

Employer contribution / active EE

$3,143

$2,392+31.4%

$4,137-24.0%

$2,406+30.6%

Participant deferral / active EE

$1,681

$4,245-60.4%

$5,506-69.5%

$4,132-59.3%

Admin fee / account holder

$133

$195-32.0%

$10,281-98.7%

$170-21.6%

Provider

Service type

Compensation

FIDELITY INVESTMENTS INSTITUTIONAL1+ years

Service code 37 · EIN 04-2647786

Loan Processing

$10,679

AYOTTE DECKER LLC1+ years

Service code 16 · EIN 27-0376325

Consulting

$9,500

CAPFINANCIAL PARTNERS LLC1+ years

Filed as: CAPTRUST

Service code 16 · EIN 26-0058143

Consulting

$5,333

BREAKTHRU BEVERAGE LOCALS 14, 26, 533, 710 401(K) PROFIT SHARING PLAN

Summary metrics

Benchmarksi

Analytics

Service providersi

Plan features & details

Opportunity flagsi

Expense breakdowni

Audit opinioni

BREAKTHRU BEVERAGE LOCALS 14, 26, 533, 710 401(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