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 (2022) 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 2022

501 WEST LAKE STREET, SUITE 204 - ELMHURST, IL 60126630-956-7211brandenburg.comLinkedIn501-1000 employeesconstruction

Other plans on this EIN

2 filings

#001Retirement-$74.9M assets #003Retirement-$531K assets

Prospect flagsHigh fees

How to read this page

Total assets (EOY)

$2.5M

-20.7% from 2021

Total participants

+2.5% from 2021

Average account balance

$64,187

-22.8% from 2021

Annual return

-17.76%

-30.19 pp from 2021

Benchmarks

See 17,340 peers

Peer group

Industry23 - Construction

Plan typeDefined contribution

Participants25-99

Cohort17,340 peers

Snapshot2022

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

$376K

$13443 / participant

Other / not subdivided$376K100.0%

% of EOY assets

15.036%

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

$64,187

$64,729-0.8%

$112,263-42.8%

$68,490-6.3%

Participation rate

92.9%

67.2%+25.7pp

75.1%+17.8pp

67.9%+25.0pp

Annual return

-17.76%

-11.40%-6.4pp

27.49%-45.2pp

-7.85%-9.9pp

Employer contribution / active EE

$6,393

$2,746+132.8%

$3,636+75.8%

$2,597+146.2%

Participant deferral / active EE

$3,531

$3,566-1.0%

$4,729-25.3%

$4,028-12.3%

Admin fee / account holder

$9,651

$5,222+84.8%

$6,410+50.6%

$5,403+78.6%

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