Retirement plan

NEW GLARUS BREWING COMPANY 401K PLAN

Name: NEW GLARUS BREWING COMPANY - NEW GLARUS BREWING COMPANY 401K PLAN (2020) Form 5500
Creator: NEW GLARUS BREWING COMPANY
License: https://www.dol.gov/general/disclaim
Keywords: Form 5500, ERISA, retirement plan, NEW GLARUS BREWING COMPANY 401K PLAN, NEW GLARUS BREWING COMPANY

NEW GLARUS BREWING COMPANYEIN 39-1763272Plan #001PY 2020

2400 STATE HIGHWAY 69 - NEW GLARUS, WI 53574608-527-5850newglarusbrewing.comLinkedIn51-200 employeesfood & beverages

Other plans on this EIN

1 filing

#002Retirement-$22.0M assets

Prospect flagsCorrective distributions

How to read this page

Total assets (EOY)

$8M

+25.6% from 2019

Total participants

124

+2.5% from 2019

Average account balance

$68,954

+21.2% from 2019

Annual return

18.42%

-4.11 pp from 2019

Benchmarks

See 936 peers

Peer group

Industry31 - Manufacturing

Plan typeDefined contribution

Participants100-249

Cohort936 peers

Snapshot2020

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

Analytics

Total assets (EOY)

Plan-year ending balance

$11.66M

Not enough data

1 years with asset history on file

Average account balance

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

$101K

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.

116

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.

93.6%

Not enough data

1 years with eligibility data

Contributions (total)

Employer and participant dollars contributed each year

$796K

Not enough data

1 years with contributions on file

Contributions per participant

Average employer and participant contribution per enrolled participant

$7K

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

+15.16%

Not enough data

1 years with return on file

Admin fee / account holder

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

$50

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

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

Service providers

Top 3 by compensation

Provider	Service type	Compensation
PREMIER RETIREMENT PARTNERS2 years Service code 15 8040 EXCELSIOR DR SUITE 401 · MADISON, WI 53717	Recordkeeping	$451
AMERICAN FUNDS2 years Filed as: CAPITAL RESEARCH AND MANAGEMENT CO. Service code 15 P.O. BOX 6040 · INDIANAPOLIS, IN 462066040	Recordkeeping	$325
NORTHWESTERN MUTUAL INVESTMENT SERV2 years Filed as: NORTHWESTERN MUTUAL Service code 28 1600 ASPEN CMNS STE 800 · MIDDLETON, WI 53562	Investment Management	$0

Plan features & details

Pension benefit codes2E2F2G2J2K2S3D

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.
2S
Automatic enrollment
Plan provides for automatic enrollment in plan that has elective contributions deducted from payroll.
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

ComplianceCorrective distributions
Plan reported corrective distributions (failed ADP/ACP testing).

Expense breakdown

Schedule H Part II

Admin total

$776

$7 / participant

Other / not subdivided$776100.0%

% of EOY assets

0.010%

all-in expense ratio

Categories reported

0 / 9

subdivided buckets used

Audit opinion

Schedule H Part III

Disclaimer opinion

Auditor declined to express an opinion - usually a 103(a)(3)(C) limited-scope election.

Auditor firm: RSM US LLP
Auditor EIN: 420714325
Audit fees: (not subdivided)
Opinion code: Disclaimer

Metric

This plan

Peer set

Industry

Size

Avg account balance

$68,954

$54,590+26.3%

$81,726-15.6%

$73,497-6.2%

Participation rate

92.7%

68.3%+24.3pp

72.0%+20.7pp

70.7%+22.0pp

Annual return

18.42%

17.74%+0.7pp

29.49%-11.1pp

28.51%-10.1pp

Employer contribution / active EE

$1,636-100.0%

$4,311-100.0%

$2,270-100.0%

Participant deferral / active EE

$4,868

$2,759+76.5%

$7,108-31.5%

$3,740+30.2%

Admin fee / account holder

$592-98.9%

$5,160-99.9%

$513-98.7%

Provider

Service type

Compensation

PREMIER RETIREMENT PARTNERS2 years

Service code 15

8040 EXCELSIOR DR SUITE 401 · MADISON, WI 53717

Recordkeeping

$451

AMERICAN FUNDS2 years

Filed as: CAPITAL RESEARCH AND MANAGEMENT CO.

Service code 15

P.O. BOX 6040 · INDIANAPOLIS, IN 462066040

Recordkeeping

$325

NORTHWESTERN MUTUAL INVESTMENT SERV2 years

Filed as: NORTHWESTERN MUTUAL

Service code 28

1600 ASPEN CMNS STE 800 · MIDDLETON, WI 53562

Investment Management

NEW GLARUS BREWING COMPANY 401K PLAN

Summary metrics

Benchmarksi

Analytics

Service providersi

Plan features & details

Opportunity flagsi

Expense breakdowni

Audit opinioni

NEW GLARUS BREWING COMPANY 401K 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