Retirement plan

BARR MECHANICAL SALES, INC. PROFIT SHARING PLAN 13719 WEST LAUREL LAKE FOREST, IL 60045

Name: BARR MECHANICAL SALES, INC. - BARR MECHANICAL SALES, INC. PROFIT SHARING PLAN 13719 WEST LAUREL LAKE FOREST, IL 60045 (2022) Form 5500
Creator: BARR MECHANICAL SALES, INC.
License: https://www.dol.gov/general/disclaim
Keywords: Form 5500, ERISA, retirement plan, BARR MECHANICAL SALES, INC. PROFIT SHARING PLAN 13719 WEST LAUREL LAKE FOREST, IL 60045, BARR MECHANICAL SALES, INC.

BARR MECHANICAL SALES, INC.EIN 36-2611488Plan #001PY 2022

13719 W. LAUREL - LAKE FOREST, IL 60045847-680-1911LinkedIn11-50 employeesconstruction

Prospect flagsHigh feesHigh assets / participant

How to read this page

Total assets (EOY)

$2.6M

-47.9% from 2021

Total participants

0.0% from 2021

Average account balance

$263,339

-47.9% from 2021

Annual return

-5.79%

-14.35 pp from 2021

Benchmarks

See 23,471 peers

Peer group

Industry42 - Wholesale Trade

Plan typeDefined contribution

Participants<25

Cohort23,471 peers

Snapshot2022

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

Analytics

Total assets (EOY)

Plan-year ending balance

$3.87M

Not enough data

1 years with asset history on file

Average account balance

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

$387K

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.

100.0%

Not enough data

1 years with eligibility data

Contributions (total)

Employer and participant dollars contributed each year

$137K

Not enough data

1 years with contributions on file

Contributions per participant

Average employer and participant contribution per enrolled participant

$14K

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

+8.89%

Not enough data

1 years with return on file

Admin fee / account holder

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

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

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

Service providers

Providers data not reported

Schedule C was not filed on this plan's most recent Form 5500, so no compensated service providers are available to display.

Plan features & details

Pension benefit codes2E

Plan features

2E
Profit-sharing
Profit-sharing plan.

Opportunity flags

2 tripped

OpportunityHigh fees
Administrative expenses exceed $300 per participant per year - possible fee-review opportunity. (Recordkeeping / audit / legal; excludes investment management.)
InformationalHigh assets / participant
Assets per participant exceed $250,000 - top-decile high-value plan.

Expense breakdown

Schedule H Part II

Admin total

$2.5M

$254969 / participant

Other / not subdivided$3M100.0%

% of EOY assets

96.822%

all-in expense ratio

Categories reported

0 / 9

subdivided buckets used

Audit opinion

Schedule H Part III

No opinion code on file for this filing.

Auditor firm: (not reported)
Auditor EIN: -
Audit fees: (not subdivided)
Opinion code: -

Metric

This plan

Peer set

Industry

Size

Avg account balance

$263,339

$142,361+85.0%

$119,608+120.2%

$134,509+95.8%

Participation rate

100.0%

82.8%+17.2pp

79.3%+20.7pp

81.2%+18.8pp

Annual return

-5.79%

-12.46%+6.7pp

-14.98%+9.2pp

418.13%-423.9pp

Employer contribution / active EE

$12,866

$5,224+146.3%

$4,232+204.0%

$4,741+171.4%

Participant deferral / active EE

$6,468-100.0%

$5,601-100.0%

$6,400-100.0%

Admin fee / account holder

$254,969

$13,588+1776.5%

$10,326+2369.3%

$11,427+2131.4%

BARR MECHANICAL SALES, INC. PROFIT SHARING PLAN 13719 WEST LAUREL LAKE FOREST, IL 60045

Summary metrics

Benchmarksi

Analytics

Service providersi

Plan features & details

Opportunity flagsi

Expense breakdowni

Audit opinioni

BARR MECHANICAL SALES, INC. PROFIT SHARING PLAN 13719 WEST LAUREL LAKE FOREST, IL 60045

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