Retirement plan

BRETTON WOODS RECREATION CENTER, INC. EMPLOYEE RETIREMENT PLAN

Name: BRETTON WOODS RECREATION CENTER, INC. - BRETTON WOODS RECREATION CENTER, INC. EMPLOYEE RETIREMENT PLAN (2023) Form 5500
Creator: BRETTON WOODS RECREATION CENTER, INC.
License: https://www.dol.gov/general/disclaim
Keywords: Form 5500, ERISA, retirement plan, BRETTON WOODS RECREATION CENTER, INC. EMPLOYEE RETIREMENT PLAN, BRETTON WOODS RECREATION CENTER, INC.

BRETTON WOODS RECREATION CENTER, INC.EIN 52-0858997Plan #001PY 2023

15700 RIVER RD - GERMANTOWN, MD 208743534301-948-5497bwrc.orgLinkedIn51-200 employeesrecreational facilities and services

Prospect flagsHigh feesLow fidelity bond

How to read this page

Total assets (EOY)

$5.6M

+17.1% from 2022

Total participants

+11.1% from 2022

Average account balance

$111,935

-1.6% from 2022

Annual return

14.96%

+31.33 pp from 2022

Benchmarks

See 3,103 peers

Peer group

Industry71 - Arts, Entertainment, and Recreation

Plan typeDefined contribution

Participants25-99

Cohort3,103 peers

Snapshot2023

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

Analytics

Total assets (EOY)

Plan-year ending balance

$6.60M

Not enough data

1 years with asset history on file

Average account balance

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

$108K

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.

117.3%

Not enough data

1 years with eligibility data

Contributions (total)

Employer and participant dollars contributed each year

$346K

Not enough data

1 years with contributions on file

Contributions per participant

Average employer and participant contribution per enrolled participant

$7K

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

+12.09%

Not enough data

1 years with return on file

Admin fee / account holder

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

$510

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 codes2E2F2G2J2T3D

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.

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

$44K

$941 / participant

Other / not subdivided$44K100.0%

% of EOY assets

0.790%

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

$111,935

$49,199+127.5%

$121,204-7.6%

$75,173+48.9%

Participation rate

78.7%

55.4%+23.3pp

69.5%+9.2pp

67.2%+11.5pp

Annual return

14.96%

56.04%-41.1pp

987.18%-972.2pp

160.72%-145.8pp

Employer contribution / active EE

$1,547-100.0%

$4,170-100.0%

$2,671-100.0%

Participant deferral / active EE

$3,119

$2,630+18.6%

$4,083-23.6%

$4,126-24.4%

Admin fee / account holder

$885

$3,946-77.6%

$5,651-84.3%

BRETTON WOODS RECREATION CENTER, INC. EMPLOYEE RETIREMENT PLAN

Summary metrics

Benchmarksi

Analytics

Service providersi

Plan features & details

Opportunity flagsi

Expense breakdowni

Audit opinioni

BRETTON WOODS RECREATION CENTER, INC. EMPLOYEE RETIREMENT 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