Retirement plan

BACARELLA FUNERAL HOME, INC., 401(K) PROFIT SHARING PLAN

Name: BACARELLA FUNERAL HOME, INC. - BACARELLA FUNERAL HOME, INC., 401(K) PROFIT SHARING PLAN (2022) Form 5500
Creator: BACARELLA FUNERAL HOME, INC.
License: https://www.dol.gov/general/disclaim
Keywords: Form 5500, ERISA, retirement plan, BACARELLA FUNERAL HOME, INC., 401(K) PROFIT SHARING PLAN, BACARELLA FUNERAL HOME, INC.

BACARELLA FUNERAL HOME, INC.EIN 38-3062888Plan #001PY 2022

1201 S. TELEGRAPH ROAD - MONROE, MI 48161734-241-4600bacarellafuneralhome.comLinkedIn1-10 employees

Prospect flagsLow returns

How to read this page

Total assets (EOY)

$132K

+701.9% from 2021

Total participants

+16.7% from 2021

Average account balance

$18,913

+587.3% from 2021

Annual return

-26.84%

-26.84 pp from 2021

Benchmarks

See 39,322 peers

Peer group

Industry81 - Other Services (except Public Administration)

Plan typeDefined contribution

Participants<25

Cohort39,322 peers

Snapshot2022

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

Analytics

Total assets (EOY)

Plan-year ending balance

$677K

Not enough data

1 years with asset history on file

Average account balance

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

$85K

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

$145K

Not enough data

1 years with contributions on file

Contributions per participant

Average employer and participant contribution per enrolled participant

$18K

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

+19.89%

Not enough data

1 years with return on file

Admin fee / account holder

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

$14

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 codes2E2H2J

Plan features

2E
Profit-sharing
Profit-sharing plan.
2H
Partial participant-directed account plan
Participants have the opportunity to direct the investment of a portion 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.

Opportunity flags

1 tripped

OpportunityLow returns
Annual investment return is in the bottom quintile of the peer cohort.

Expense breakdown

Schedule H Part II

Admin total

$120

$17 / participant

Other / not subdivided$120100.0%

% of EOY assets

0.091%

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

$18,913

$92,684-79.6%

$82,706-77.1%

$134,509-85.9%

Participation rate

100.0%

75.2%+24.8pp

72.6%+27.4pp

81.2%+18.8pp

Annual return

-26.84%

945.84%-972.7pp

701.76%-728.6pp

418.13%-445.0pp

Employer contribution / active EE

$7,237

$3,272+121.2%

$3,007+140.6%

$4,741+52.7%

Participant deferral / active EE

$9,950

$4,800+107.3%

$4,394+126.5%

$6,400+55.5%

Admin fee / account holder

$17

$5,982-99.7%

$5,329-99.7%

$11,427-99.8%

BACARELLA FUNERAL HOME, INC., 401(K) PROFIT SHARING PLAN

Summary metrics

Benchmarksi

Analytics

Service providersi

Plan features & details

Opportunity flagsi

Expense breakdowni

Audit opinioni

BACARELLA FUNERAL HOME, INC., 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