Retirement plan

BWBR ARCHITECTS, INC. PROFIT SHARING AND 401(K) PLAN

Name: BWBR ARCHITECTS, INC. - BWBR ARCHITECTS, INC. PROFIT SHARING AND 401(K) PLAN (2016) Form 5500
Creator: BWBR ARCHITECTS, INC.
License: https://www.dol.gov/general/disclaim
Keywords: Form 5500, ERISA, retirement plan, BWBR ARCHITECTS, INC. PROFIT SHARING AND 401(K) PLAN, BWBR ARCHITECTS, INC.

BWBR ARCHITECTS, INC.EIN 41-0823721Plan #001PY 2016

380 ST. PETER STREET, SUITE 600 - ST. PAUL, MN 55102651-290-1876

Prospect flagsHigh fees

How to read this page

Total assets (EOY)

$36.4M

+11.2% from 2015

Total participants

217

+6.9% from 2015

Average account balance

$170,660

-1.3% from 2015

Annual return

6.83%

+7.05 pp from 2015

Benchmarks

See 5,032 peers

Peer group

Industry54 - Professional, Scientific, and Technical Services

Plan typeDefined contribution

Participants100-249

Cohort5,032 peers

Snapshot2016

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

Analytics

Total assets (EOY)

Plan-year ending balance

$55.79M

Not enough data

1 years with asset history on file

Average account balance

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

$213K

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.

262

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.

98.9%

Not enough data

1 years with eligibility data

Contributions (total)

Employer and participant dollars contributed each year

$4.34M

Not enough data

1 years with contributions on file

Contributions per participant

Average employer and participant contribution per enrolled participant

$24K

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

+15.21%

Not enough data

1 years with return on file

Admin fee / account holder

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

$310

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 4 by compensation

Provider	Service type	Compensation
MARKS GROUP WEALTH MANAGEMENT2+ years Service code 27 · EIN 26-3675041	Advisory (Plan)	$84,090
TRANSAMERICA RETIREMENT SOLUTIONS2+ years Service code 12 · EIN 13-3689044	Distribution (12b-1) fees; Participan...	$61,663
MID ATLANTIC CAPITAL CORPORATION2+ years Service code 33 · EIN 25-1409618	Securities brokerage commissions and ...	$0
NATIONAL FINANCIAL SERVICES2+ years Service code 33 · EIN 04-3523567	Securities brokerage commissions and ...	$0

Plan features & details

Pension benefit codes2F2G2J2T3D

Plan features

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

$146K

$894 / participant

Investment mgmt$84K57.7%
Other / not subdivided$62K42.3%

% of EOY assets

0.401%

all-in expense ratio

Categories reported

1 / 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: CARPENTER EVERETT & ASSOCIATES
Auditor EIN: 411534805
Audit fees: (not subdivided)
Opinion code: Disclaimer

Metric

This plan

Peer set

Industry

Size

Avg account balance

$170,660

$75,183+127.0%

$123,894+37.7%

$55,167+209.4%

Participation rate

97.5%

72.8%+24.7pp

81.4%+16.1pp

69.0%+28.6pp

Annual return

6.83%

19.01%-12.2pp

47.52%-40.7pp

169.23%-162.4pp

Employer contribution / active EE

$9,152

$2,823+224.2%

$4,617+98.2%

$1,963+366.3%

Participant deferral / active EE

$7,999

$5,084+57.3%

$5,984+33.7%

$3,054+161.9%

Admin fee / account holder

$684

$663+3.3%

$8,357-91.8%

$504+35.8%

Provider

Service type

Compensation

MARKS GROUP WEALTH MANAGEMENT2+ years

Service code 27 · EIN 26-3675041

Advisory (Plan)

$84,090

TRANSAMERICA RETIREMENT SOLUTIONS2+ years

Service code 12 · EIN 13-3689044

Distribution (12b-1) fees; Participan...

$61,663

MID ATLANTIC CAPITAL CORPORATION2+ years

Service code 33 · EIN 25-1409618

Securities brokerage commissions and ...

NATIONAL FINANCIAL SERVICES2+ years

Service code 33 · EIN 04-3523567

Securities brokerage commissions and ...

BWBR ARCHITECTS, INC. PROFIT SHARING AND 401(K) PLAN

Summary metrics

Benchmarksi

Analytics

Service providersi

Plan features & details

Opportunity flagsi

Expense breakdowni

Audit opinioni

BWBR ARCHITECTS, INC. 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