Retirement plan

C.G. BRETTING MANUFACTURING COMPANY, INC. 401(K) PROFIT SHARING PLAN

Name: C.G. BRETTING MANUFACTURING COMPANY, INC. - C.G. BRETTING MANUFACTURING COMPANY, INC. 401(K) PROFIT SHARING PLAN (2023) Form 5500
Creator: C.G. BRETTING MANUFACTURING COMPANY, INC.
License: https://www.dol.gov/general/disclaim
Keywords: Form 5500, ERISA, retirement plan, C.G. BRETTING MANUFACTURING COMPANY, INC. 401(K) PROFIT SHARING PLAN, C.G. BRETTING MANUFACTURING COMPANY, INC.

C.G. BRETTING MANUFACTURING COMPANY, INC.EIN 39-0181590Plan #003PY 2023

3401 LAKE PARK ROAD - ASHLAND, WI 54806715-682-5231

Other plans on this EIN

1 filing

#004Retirement-$29.4M assets

Prospect flagsLow returnsHigh fees

How to read this page

Total assets (EOY)

$80.8M

+11.2% from 2022

Total participants

400

-4.5% from 2022

Average account balance

$214,376

+12.1% from 2022

Annual return

14.44%

+26.40 pp from 2022

Benchmarks

See 2,427 peers

Peer group

Industry33 - Manufacturing

Plan typeDefined contribution

Participants250-999

Cohort2,427 peers

Snapshot2023

See peer percentile detail. $4.99 for your first month.

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Analytics

Total assets (EOY)

Plan-year ending balance

$83.59M

Not enough data

1 years with asset history on file

Average account balance

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

$222K

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.

376

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.

90.5%

Not enough data

1 years with eligibility data

Contributions (total)

Employer and participant dollars contributed each year

$2.52M

Not enough data

1 years with contributions on file

Contributions per participant

Average employer and participant contribution per enrolled participant

$9K

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

+12.42%

Not enough data

1 years with return on file

Admin fee / account holder

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

$304

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

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Service providers

Top 5 by compensation

Provider	Service type	Compensation
LPL FINANCIAL1 year Service code 27	Advisory (Plan)	$99,304
NATIONWIDE9+ years Service code 15 ONE NATIONWIDE PLAZA · COLUMBUS, OH 43215	Recordkeeping	$67,627
BLUE CHIP RETIREMENT PLANS, INC.1 year Filed as: BLUE CHIP RETIREMENT PLANS Service code 99 6737 W. WASHGINTON ST · MILWAUKEE, WI 53214	Other Fees	$3,933
DEFINITI LLC4 years Service code 13 · EIN 36-4013756 2201 TIMBERLOCK PL · THE WOODLANDS, TX 77380	Contract Administrator	$650
LPL FINANCIAL8 years Filed as: LPL FINANCIAL LLC Service code 27 ATTNCOMMISSIONDEPT · SAN DIEGO, CA 92121	Advisory (Plan)	$0

Plan features & details

Pension benefit codes2E2F2G2J2K2T3D3H

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.
2K
Code section 401(m) arrangement
Employee contributions are allocated to separate accounts under the plan or employer contributions are based in whole or in part on employee deferrals or contributions to the plan. Not applicable to 401(k) plans with only QNECs and/or QMACs or to 403(b)(1) 403(b)(7) or 408 arrangements.
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

OpportunityHigh fees
Administrative expenses exceed $300 per participant per year - possible fee-review opportunity. (Recordkeeping / audit / legal; excludes investment management.)
OpportunityLow returns
Annual investment return is in the bottom quintile of the peer cohort.

Expense breakdown

Schedule H Part II

Admin total

$172K

$622 / participant

Investment mgmt$167K96.9%
Contract admin$5K3.1%

% of EOY assets

0.213%

all-in expense ratio

Categories reported

2 / 9

subdivided buckets used

Audit opinion

Schedule H Part III

Unqualified opinion

The auditor signed off without reservation. This is the cleanest opinion.

Auditor firm: WIPFLI LLP
Auditor EIN: 390758449
Audit fees: (not subdivided)
Opinion code: Unqualified

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Metric

This plan

Peer set

Industry

Size

Avg account balance

$214,376

$99,078+116.4%

$96,544+122.1%

$74,419+188.1%

Participation rate

91.7%

80.7%+11.0pp

76.0%+15.7pp

70.7%+21.0pp

Annual return

14.44%

22.48%-8.0pp

25.84%-11.4pp

34.38%-19.9pp

Employer contribution / active EE

$2,411

$2,570-6.2%

$2,965-18.7%

$2,637-8.6%

Participant deferral / active EE

$6,229

$4,933+26.3%

$4,851+28.4%

$4,528+37.6%

Admin fee / account holder

$457

$225+103.4%

$8,252-94.5%

$348+31.4%

Provider

Service type

Compensation

LPL FINANCIAL1 year

Service code 27

Advisory (Plan)

$99,304

NATIONWIDE9+ years

Service code 15

ONE NATIONWIDE PLAZA · COLUMBUS, OH 43215

Recordkeeping

$67,627

BLUE CHIP RETIREMENT PLANS, INC.1 year

Filed as: BLUE CHIP RETIREMENT PLANS

Service code 99

6737 W. WASHGINTON ST · MILWAUKEE, WI 53214

Other Fees

$3,933

DEFINITI LLC4 years

Service code 13 · EIN 36-4013756

2201 TIMBERLOCK PL · THE WOODLANDS, TX 77380

Contract Administrator

$650

LPL FINANCIAL8 years

Filed as: LPL FINANCIAL LLC

Service code 27

ATTNCOMMISSIONDEPT · SAN DIEGO, CA 92121

Advisory (Plan)

C.G. BRETTING MANUFACTURING COMPANY, INC. 401(K) PROFIT SHARING PLAN

Summary metrics

Benchmarksi

Analytics

Service providersi

Plan features & details

Opportunity flagsi

Expense breakdowni

Audit opinioni

C.G. BRETTING MANUFACTURING COMPANY, 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