Retirement plan

BSR 401(K) PLAN

Name: BUSINESS FOR SOCIAL RESPONSIBILITY - BSR 401(K) PLAN (2020) Form 5500
Creator: BUSINESS FOR SOCIAL RESPONSIBILITY
License: https://www.dol.gov/general/disclaim
Keywords: Form 5500, ERISA, retirement plan, BSR 401(K) PLAN, BUSINESS FOR SOCIAL RESPONSIBILITY

BUSINESS FOR SOCIAL RESPONSIBILITYEIN 52-1764268Plan #001PY 2020

220 MONTGOMERY STREET, 17TH FLOOR - SAN FRANCISCO, CA 94104415-984-3200

Prospect flagsLow fidelity bond

How to read this page

Total assets (EOY)

$7.2M

+22.9% from 2019

Total participants

129

+4.0% from 2019

Average account balance

$55,497

+18.1% from 2019

Annual return

16.59%

-4.73 pp from 2019

Benchmarks

See 8,772 peers

Peer group

Industry81 - Other Services (except Public Administration)

Plan typeDefined contribution

Participants25-99

Cohort8,772 peers

Snapshot2020

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

Analytics

Total assets (EOY)

Plan-year ending balance

$12.73M

Not enough data

1 years with asset history on file

Average account balance

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

$74K

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.

172

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.

100.0%

Not enough data

1 years with eligibility data

Contributions (total)

Employer and participant dollars contributed each year

$1.60M

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

+14.19%

Not enough data

1 years with return on file

Admin fee / account holder

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

$387

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 2 by compensation

Provider	Service type	Compensation
ASCENSUS LLC2 years Filed as: PORTICO WEALTH ADVISORS Service code 26 17 E SIR FRANCIS DRAKE BLVD#218 · LARKSPUR, CA 94939	Advisory (Participants)	$25,007
NEWPORT GROUP, INC.2 years Service code 13 · EIN 27-2037969	Contract Administrator	$9,679

Plan features & details

Pension benefit codes2E2F2G2J2S2T3D

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.
2S
Automatic enrollment
Plan provides for automatic enrollment in plan that has elective contributions deducted from payroll.
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

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

$38K

$514 / participant

Investment mgmt$25K66.6%
Contract admin$10K25.8%
Other / not subdivided$3K7.6%

% of EOY assets

0.524%

all-in expense ratio

Categories reported

2 / 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: HOOD & STRONG LLP
Auditor EIN: 941254756
Audit fees: (not subdivided)
Opinion code: Disclaimer

Metric

This plan

Peer set

Industry

Size

Avg account balance

$55,497

$60,119-7.7%

$90,430-38.6%

$79,858-30.5%

Participation rate

100.0%

65.0%+35.0pp

72.7%+27.3pp

69.6%+30.4pp

Annual return

16.59%

71.94%-55.3pp

1293.73%-1277.1pp

31.72%-15.1pp

Employer contribution / active EE

$3,681

$2,068+78.0%

$3,262+12.8%

$2,471+49.0%

Participant deferral / active EE

$7,563

$2,938+157.4%

$3,963+90.9%

$3,740+102.2%

Admin fee / account holder

$291

$3,976-92.7%

$5,613-94.8%

$5,306-94.5%

Provider

Service type

Compensation

ASCENSUS LLC2 years

Filed as: PORTICO WEALTH ADVISORS

Service code 26

17 E SIR FRANCIS DRAKE BLVD#218 · LARKSPUR, CA 94939

Advisory (Participants)

$25,007

NEWPORT GROUP, INC.2 years

Service code 13 · EIN 27-2037969

Contract Administrator

$9,679

BSR 401(K) PLAN

Summary metrics

Benchmarksi

Analytics

Service providersi

Plan features & details

Opportunity flagsi

Expense breakdowni

Audit opinioni

BSR 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