Retirement plan

BRIDGE EMPLOYMENT SERVICES, LLC 401(K) PLAN

Name: BRIDGE EMPLOYMENT SERVICES, LLC - BRIDGE EMPLOYMENT SERVICES, LLC 401(K) PLAN (2022) Form 5500
Creator: BRIDGE EMPLOYMENT SERVICES, LLC
License: https://www.dol.gov/general/disclaim
Keywords: Form 5500, ERISA, retirement plan, BRIDGE EMPLOYMENT SERVICES, LLC 401(K) PLAN, BRIDGE EMPLOYMENT SERVICES, LLC

BRIDGE EMPLOYMENT SERVICES, LLCEIN 46-1559212Plan #001PY 2022

9525 W BRYN MAWR AVENUE 7TH FLOOR - ROSEMONT, IL 60018312-683-7228

Prospect flagsHigh fees

How to read this page

Total assets (EOY)

$4.1M

+34.2% from 2021

Total participants

126

+27.3% from 2021

Average account balance

$44,455

-9.6% from 2021

Annual return

6.04%

-16.34 pp from 2021

Benchmarks

See 1,010 peers

Peer group

Industry53 - Real Estate and Rental and Leasing

Plan typeDefined contribution

Participants100-249

Cohort1,010 peers

Snapshot2022

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

Analytics

Total assets (EOY)

Plan-year ending balance

$10.60M

Not enough data

1 years with asset history on file

Average account balance

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

$90K

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.

118

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.

108.3%

Not enough data

1 years with eligibility data

Contributions (total)

Employer and participant dollars contributed each year

$2.00M

Not enough data

1 years with contributions on file

Contributions per participant

Average employer and participant contribution per enrolled participant

$18K

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

+29.14%

Not enough data

1 years with return on file

Admin fee / account holder

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

$7254

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

Providers data not reported

Schedule C was not filed on this plan's most recent Form 5500, so no compensated service providers are available to display.

Plan features & details

Pension benefit codes2E2F2G2J3B3D

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.
3B
Plan covering self-employed individuals
Plan covering self-employed individuals.
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

$293K

$2551 / participant

Other / not subdivided$293K100.0%

% of EOY assets

7.172%

all-in expense ratio

Categories reported

0 / 9

subdivided buckets used

Audit opinion

Schedule H Part III

No opinion code on file for this filing.

Auditor firm: (not reported)
Auditor EIN: -
Audit fees: (not subdivided)
Opinion code: -

Metric

This plan

Peer set

Industry

Size

Avg account balance

$44,455

$59,105-24.8%

$160,009-72.2%

$66,938-33.6%

Participation rate

70.4%

68.1%+2.4pp

78.0%-7.5pp

69.8%+0.6pp

Annual return

6.04%

-12.26%+18.3pp

408.85%-402.8pp

1.58%+4.5pp

Employer contribution / active EE

$1,675

$1,983-15.5%

$4,225-60.4%

$2,545-34.2%

Participant deferral / active EE

$8,191

$4,395+86.4%

$6,183+32.5%

$4,238+93.3%

Admin fee / account holder

$3,188

$591+439.6%

$8,715-63.4%

$594+437.2%

BRIDGE EMPLOYMENT SERVICES, LLC 401(K) PLAN

Summary metrics

Benchmarksi

Analytics

Service providersi

Plan features & details

Opportunity flagsi

Expense breakdowni

Audit opinioni

BRIDGE EMPLOYMENT SERVICES, LLC 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