Retirement plan

BRANDENBURG INDUSTRIAL SERVICE COMPANY HOURLY PROFIT SHARING AND 401(K) PLAN

Name: BRANDENBURG INDUSTRIAL SERVICE COMPANY - BRANDENBURG INDUSTRIAL SERVICE COMPANY HOURLY PROFIT SHARING AND 401(K) PLAN (2019) Form 5500
Creator: BRANDENBURG INDUSTRIAL SERVICE COMPANY
License: https://www.dol.gov/general/disclaim
Keywords: Form 5500, ERISA, retirement plan, BRANDENBURG INDUSTRIAL SERVICE COMPANY HOURLY PROFIT SHARING AND 401(K) PLAN, BRANDENBURG INDUSTRIAL SERVICE COMPANY

BRANDENBURG INDUSTRIAL SERVICE COMPANYEIN 36-3353196Plan #004PY 2019

501 WEST LAKE STREET, SUITE 104 - ELMHURST, IL 60126630-956-7211brandenburg.comLinkedIn501-1000 employeesconstruction

Other plans on this EIN

2 filings

#001Retirement-$60.1M assets #003Retirement-$611K assets

Prospect flagsHigh fees

How to read this page

Total assets (EOY)

$2.7M

+11.7% from 2018

Total participants

-6.4% from 2018

Average account balance

$66,859

+6.1% from 2018

Annual return

21.30%

+28.02 pp from 2018

Benchmarks

See 15,812 peers

Peer group

Industry23 - Construction

Plan typeDefined contribution

Participants25-99

Cohort15,812 peers

Snapshot2019

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

Analytics

Total assets (EOY)

Plan-year ending balance

$3.83M

Not enough data

1 years with asset history on file

Average account balance

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

$96K

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

$425K

Not enough data

1 years with contributions on file

Contributions per participant

Average employer and participant contribution per enrolled participant

$19K

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

+15.07%

Not enough data

1 years with return on file

Admin fee / account holder

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

$5243

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 codes2E2F2G2J2T3D

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.

Opportunity flags

1 tripped

OpportunityHigh fees
Administrative expenses exceed $300 per participant per year - possible fee-review opportunity. (Recordkeeping / audit / legal; excludes investment management.)

Expense breakdown

Schedule H Part II

Admin total

$567K

$18286 / participant

Other / not subdivided$567K100.0%

% of EOY assets

21.196%

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

$66,859

$65,367+2.3%

$92,915-28.0%

$72,976-8.4%

Participation rate

87.1%

68.3%+18.8pp

76.0%+11.1pp

69.5%+17.6pp

Annual return

21.30%

42.11%-20.8pp

109.45%-88.1pp

81.02%-59.7pp

Employer contribution / active EE

$7,249

$2,594+179.5%

$3,653+98.4%

$2,440+197.1%

Participant deferral / active EE

$3,462

$3,128+10.7%

$4,238-18.3%

$3,608-4.0%

Admin fee / account holder

$14,172

$4,251+233.3%

$5,796+144.5%

$5,124+176.6%

BRANDENBURG INDUSTRIAL SERVICE COMPANY HOURLY PROFIT SHARING AND 401(K) PLAN

Summary metrics

Benchmarksi

Analytics

Service providersi

Plan features & details

Opportunity flagsi

Expense breakdowni

Audit opinioni

BRANDENBURG INDUSTRIAL SERVICE COMPANY HOURLY PROFIT SHARING AND 401(K) 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