Retirement plan

BRIGADOON FINANCIAL INC S/H 401K

Name: BRIGADOON FINANCIAL INC. - BRIGADOON FINANCIAL INC S/H 401K (2019) Form 5500
Creator: BRIGADOON FINANCIAL INC.
License: https://www.dol.gov/general/disclaim
Keywords: Form 5500, ERISA, retirement plan, BRIGADOON FINANCIAL INC S/H 401K, BRIGADOON FINANCIAL INC.

BRIGADOON FINANCIAL INC.EIN 45-4002984Plan #001PY 2019

1818 RESEARCH DRIVE - FORT WAYNE, IN 46808260-434-2432LinkedIn51-200 employeesinvestment banking

Prospect flagsLow assets / participantLow fidelity bond

How to read this page

Total assets (EOY)

$1.6M

+3.4% from 2018

Total participants

100

-72.6% from 2018

Average account balance

$16,027

+276.3% from 2018

Annual return

20.85%

+27.72 pp from 2018

Benchmarks

See 7,338 peers

Peer group

Industry52 - Finance and Insurance

Plan typeDefined contribution

Participants25-99

Cohort7,338 peers

Snapshot2019

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

Analytics

Total assets (EOY)

Plan-year ending balance

$2.06M

Not enough data

1 years with asset history on file

Average account balance

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

$40K

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.

305.9%

Not enough data

1 years with eligibility data

Contributions (total)

Employer and participant dollars contributed each year

$109K

Not enough data

1 years with contributions on file

Contributions per participant

Average employer and participant contribution per enrolled participant

$6K

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)

$1382

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

Top 3 by compensation

Provider	Service type	Compensation
ADP BROKER-DEALER4 years Filed as: ADP, LLC Service code 15 · EIN 13-3036745	Recordkeeping	$16,062
ADP BROKER-DEALER4 years Service code 49 · EIN 22-3319984	Other Services	$0
AMERIPRISE FINANCIAL SERVICES INC4 years Filed as: AMERIPRISE FINANCIAL Service code 49 6226 COVINGTON ROAD · FORT WAYNE, IN 46804	Other Services	$0

Plan features & details

Pension benefit codes2E2F2G2J2T3D3H

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.
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

OpportunityLow assets / participant
Assets per participant are in the bottom quintile of the peer cohort - savings-rate / match opportunity.
ComplianceLow fidelity bond
Fidelity bond coverage is below the ERISA section 412 10%-of-assets minimum (capped at $500,000).

Expense breakdown

Schedule H Part II

Admin total

$16K

$535 / participant

Other / not subdivided$16K100.0%

% of EOY assets

1.033%

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: ATM & COMPANY CPAS
Auditor EIN: 050528051
Audit fees: (not subdivided)
Opinion code: Disclaimer

Metric

This plan

Peer set

Industry

Size

Avg account balance

$16,027

$109,359-85.3%

$162,177-90.1%

$72,975-78.0%

Participation rate

90.0%

84.3%+5.7pp

87.6%+2.4pp

69.5%+20.5pp

Annual return

20.85%

25.46%-4.6pp

115.60%-94.8pp

81.01%-60.2pp

Employer contribution / active EE

$4,053

$3,907+3.7%

$5,613-27.8%

$2,440+66.1%

Participant deferral / active EE

$2,713

$5,481-50.5%

$7,297-62.8%

$3,608-24.8%

Admin fee / account holder

$166

$7,972-97.9%

$10,843-98.5%

$5,124-96.8%

Provider

Service type

Compensation

ADP BROKER-DEALER4 years

Filed as: ADP, LLC

Service code 15 · EIN 13-3036745

Recordkeeping

$16,062

ADP BROKER-DEALER4 years

Service code 49 · EIN 22-3319984

Other Services

AMERIPRISE FINANCIAL SERVICES INC4 years

Filed as: AMERIPRISE FINANCIAL

Service code 49

6226 COVINGTON ROAD · FORT WAYNE, IN 46804

Other Services

BRIGADOON FINANCIAL INC S/H 401K

Summary metrics

Benchmarksi

Analytics

Service providersi

Plan features & details

Opportunity flagsi

Expense breakdowni

Audit opinioni

BRIGADOON FINANCIAL INC S/H 401K

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