Retirement plan

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

Name: BWBR ARCHITECTS, INC. - BWBR ARCHITECTS, INC. PROFIT SHARING AND 401(K) PLAN (2018) 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 2018

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

Prospect flagsHigh fees

How to read this page

Total assets (EOY)

$37.1M

-10.9% from 2017

Total participants

214

+3.9% from 2017

Average account balance

$177,375

-13.8% from 2017

Annual return

-3.82%

-23.91 pp from 2017

Benchmarks

See 5,340 peers

Peer group

Industry54 - Professional, Scientific, and Technical Services

Plan typeDefined contribution

Participants100-249

Cohort5,340 peers

Snapshot2018

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 MANAGEMENT4+ years Service code 27 · EIN 26-3675041	Advisory (Plan)	$100,049
TRANSAMERICA RETIREMENT SOLUTIONS4+ years Service code 12 · EIN 13-3689044	Claims processing; Participant commun...	$14,572
CARPENTER EVERT AND ASSOCIATES2 years Service code 27 · EIN 41-1534805	Advisory (Plan)	$8,197
NATIONAL FINANCIAL SERVICES4+ years Service code 33 · EIN 04-3523567	Securities brokerage; Securities brok...	$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

$123K

$798 / participant

Investment mgmt$100K81.4%
Other / not subdivided$23K18.6%

% of EOY assets

0.331%

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 EVERT & ASSOCIATES
Auditor EIN: 411534805
Audit fees: (not subdivided)
Opinion code: Disclaimer

Metric

This plan

Peer set

Industry

Size

Avg account balance

$177,375

$73,102+142.6%

$123,549+43.6%

$56,287+215.1%

Participation rate

96.8%

74.3%+22.4pp

82.3%+14.5pp

69.9%+26.9pp

Annual return

-3.82%

3.01%-6.8pp

119.20%-123.0pp

-9.96%+6.1pp

Employer contribution / active EE

$6,494

$2,977+118.1%

$4,628+40.3%

$2,111+207.6%

Participant deferral / active EE

$8,781

$5,423+61.9%

$6,426+36.6%

$3,350+162.1%

Admin fee / account holder

$588

$554+6.2%

$9,284-93.7%

$521+12.9%

Provider

Service type

Compensation

MARKS GROUP WEALTH MANAGEMENT4+ years

Service code 27 · EIN 26-3675041

Advisory (Plan)

$100,049

TRANSAMERICA RETIREMENT SOLUTIONS4+ years

Service code 12 · EIN 13-3689044

Claims processing; Participant commun...

$14,572

CARPENTER EVERT AND ASSOCIATES2 years

Service code 27 · EIN 41-1534805

Advisory (Plan)

$8,197

NATIONAL FINANCIAL SERVICES4+ years

Service code 33 · EIN 04-3523567

Securities brokerage; Securities brok...

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