Retirement plan

BRIDGEWAY CIVIL CONSTRUCTORS, INC. PROFIT SHARING 401(K) PLAN

Name: BRIDGEWAY CIVIL CONSTRUCTORS, INC. - BRIDGEWAY CIVIL CONSTRUCTORS, INC. PROFIT SHARING 401(K) PLAN (2022) Form 5500
Creator: BRIDGEWAY CIVIL CONSTRUCTORS, INC.
License: https://www.dol.gov/general/disclaim
Keywords: Form 5500, ERISA, retirement plan, BRIDGEWAY CIVIL CONSTRUCTORS, INC. PROFIT SHARING 401(K) PLAN, BRIDGEWAY CIVIL CONSTRUCTORS, INC.

BRIDGEWAY CIVIL CONSTRUCTORS, INC.EIN 47-3953559Plan #002PY 2022

3333 VACA VALLEY PARKWAY, SUITE 2000 - VACAVILLE, CA 95688707-455-7033bridgewaycci.comLinkedIn11-50 employeesconstruction

Prospect flagsHigh feesLow fidelity bond

How to read this page

Total assets (EOY)

$803K

+15.7% from 2021

Total participants

+25.0% from 2021

Average account balance

$42,243

-2.6% from 2021

Annual return

-18.87%

-56.70 pp from 2021

Benchmarks

See 48,278 peers

Peer group

Industry23 - Construction

Plan typeDefined contribution

Participants<25

Cohort48,278 peers

Snapshot2022

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

Analytics

Total assets (EOY)

Plan-year ending balance

$2.04M

Not enough data

1 years with asset history on file

Average account balance

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

$102K

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.

153.8%

Not enough data

1 years with eligibility data

Contributions (total)

Employer and participant dollars contributed each year

$218K

Not enough data

1 years with contributions on file

Contributions per participant

Average employer and participant contribution per enrolled participant

$17K

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

+19.87%

Not enough data

1 years with return on file

Admin fee / account holder

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

$10375

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 codes2E2F2G2J3D

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.
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

2 tripped

OpportunityHigh fees
Administrative expenses exceed $300 per participant per year - possible fee-review opportunity. (Recordkeeping / audit / legal; excludes investment management.)
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

$54K

$2861 / participant

Other / not subdivided$54K100.0%

% of EOY assets

6.773%

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

$42,243

$133,981-68.5%

$112,249-62.4%

$134,532-68.6%

Participation rate

94.7%

78.6%+16.2pp

75.1%+19.7pp

81.2%+13.5pp

Annual return

-18.87%

47.16%-66.0pp

27.48%-46.4pp

418.27%-437.1pp

Employer contribution / active EE

$4,867

$4,040+20.5%

$3,636+33.9%

$4,741+2.7%

Participant deferral / active EE

$10,605

$5,292+100.4%

$4,729+124.2%

$6,401+65.7%

Admin fee / account holder

$2,861

$7,492-61.8%

$6,412-55.4%

$11,429-75.0%

BRIDGEWAY CIVIL CONSTRUCTORS, INC. PROFIT SHARING 401(K) PLAN

Summary metrics

Benchmarksi

Analytics

Service providersi

Plan features & details

Opportunity flagsi

Expense breakdowni

Audit opinioni

BRIDGEWAY CIVIL CONSTRUCTORS, INC. PROFIT SHARING 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