Retirement plan

BRAY & SCARFF 401(K) SAVINGS PLAN

Name: BRAY & SCARFF, INC. - BRAY & SCARFF 401(K) SAVINGS PLAN (2018) Form 5500
Creator: BRAY & SCARFF, INC.
License: https://www.dol.gov/general/disclaim
Keywords: Form 5500, ERISA, retirement plan, BRAY & SCARFF 401(K) SAVINGS PLAN, BRAY & SCARFF, INC.

BRAY & SCARFF, INC.EIN 53-0037953Plan #002PY 2018

8610 CHERRY LANE - LAUREL, MD 20707301-470-3555brayandscarff.comLinkedIn201-500 employeesretail

Prospect flagsLow participationCorrective distributions

How to read this page

Total assets (EOY)

$4.8M

-1.2% from 2017

Total participants

236

-1.3% from 2017

Average account balance

$31,872

-0.5% from 2017

Annual return

-6.48%

-21.75 pp from 2017

Benchmarks

See 2,219 peers

Peer group

Industry44 - Retail Trade

Plan typeDefined contribution

Participants100-249

Cohort2,219 peers

Snapshot2018

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

Analytics

Total assets (EOY)

Plan-year ending balance

$10.98M

Not enough data

1 years with asset history on file

Average account balance

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

$67K

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.

165

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.

49.7%

Not enough data

1 years with eligibility data

Contributions (total)

Employer and participant dollars contributed each year

$922K

Not enough data

1 years with contributions on file

Contributions per participant

Average employer and participant contribution per enrolled participant

$5K

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

+15.71%

Not enough data

1 years with return on file

Admin fee / account holder

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

$206

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
KESTRA INVESTMENT SERVICES LLC3 years Filed as: KESTRA ADVISORY SERVICES Service code 15 · EIN 35-2552359	Recordkeeping	$17,145
ADP BROKER-DEALER4+ years Service code 49 · EIN 22-3319984	Other Services	$0

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

OpportunityLow participation
Participation rate is below 70% (account-balance holders / active employees) - enrollment or auto-enroll opportunity.
ComplianceCorrective distributions
Plan reported corrective distributions (failed ADP/ACP testing).

Expense breakdown

Schedule H Part II

Admin total

$17K

$87 / participant

Other / not subdivided$17K100.0%

% of EOY assets

0.354%

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: PBMARES, LLP
Auditor EIN: 540737372
Audit fees: (not subdivided)
Opinion code: Disclaimer

Metric

This plan

Peer set

Industry

Size

Avg account balance

$31,872

$42,548-25.1%

$74,551-57.2%

$56,289-43.4%

Participation rate

57.4%

60.5%-3.1pp

69.1%-11.8pp

69.9%-12.5pp

Annual return

-6.48%

12.40%-18.9pp

32.53%-39.0pp

-9.96%+3.5pp

Employer contribution / active EE

$855-100.0%

$1,961-100.0%

$2,111-100.0%

Participant deferral / active EE

$1,675

$2,277-26.4%

$3,108-46.1%

$3,350-50.0%

Admin fee / account holder

$113

$467-75.9%

$5,059-97.8%

$521-78.3%

Provider

Service type

Compensation

KESTRA INVESTMENT SERVICES LLC3 years

Filed as: KESTRA ADVISORY SERVICES

Service code 15 · EIN 35-2552359

Recordkeeping

$17,145

ADP BROKER-DEALER4+ years

Service code 49 · EIN 22-3319984

Other Services

BRAY & SCARFF 401(K) SAVINGS PLAN

Summary metrics

Benchmarksi

Analytics

Service providersi

Plan features & details

Opportunity flagsi

Expense breakdowni

Audit opinioni

BRAY & SCARFF 401(K) SAVINGS 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