Retirement plan

BLUE RIDGE POWER SPORTS 401(K) PLAN

Name: BLUE RIDGE POWERSPORTS, LLC - BLUE RIDGE POWER SPORTS 401(K) PLAN (2018) Form 5500
Creator: BLUE RIDGE POWERSPORTS, LLC
License: https://www.dol.gov/general/disclaim
Keywords: Form 5500, ERISA, retirement plan, BLUE RIDGE POWER SPORTS 401(K) PLAN, BLUE RIDGE POWERSPORTS, LLC

BLUE RIDGE POWERSPORTS, LLCdba BLUE RIDGE POWERSPORTSEIN 54-1899801Plan #001PY 2018

20 HERITAGE DRIVE - HARRISONBURG, VA 228013945540-434-7345blueridgepowersports.comLinkedIn1-10 employeessports

Prospect flagsHigh fees

How to read this page

Total assets (EOY)

$3M

-3.4% from 2017

Total participants

-23.9% from 2017

Average account balance

$100,817

+9.4% from 2017

Annual return

-6.71%

-23.33 pp from 2017

Benchmarks

See 9,414 peers

Peer group

Industry44 - Retail Trade

Plan typeDefined contribution

Participants25-99

Cohort9,414 peers

Snapshot2018

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

Analytics

Total assets (EOY)

Plan-year ending balance

$3.02M

Not enough data

1 years with asset history on file

Average account balance

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

$144K

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.

65.6%

Not enough data

1 years with eligibility data

Contributions (total)

Employer and participant dollars contributed each year

$220K

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

+13.19%

Not enough data

1 years with return on file

Admin fee / account holder

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

$5291

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 codes2E2F2G2J2T3D3H

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.
3H
Controlled group member
Plan sponsor(s) is (are) a member(s) of a controlled group (Code sections 414(b) (c) or (m)).

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

$151K

$5817 / participant

Other / not subdivided$151K100.0%

% of EOY assets

5.000%

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

$100,817

$50,958+97.8%

$74,552+35.2%

$64,181+57.1%

Participation rate

80.8%

61.1%+19.7pp

69.1%+11.6pp

69.6%+11.2pp

Annual return

-6.71%

-1.86%-4.9pp

32.53%-39.2pp

7.63%-14.3pp

Employer contribution / active EE

$2,686

$1,115+140.8%

$1,961+37.0%

$2,381+12.8%

Participant deferral / active EE

$5,956

$2,301+158.8%

$3,108+91.6%

$3,470+71.7%

Admin fee / account holder

$5,041

$4,223+19.4%

$5,060-0.4%

$4,887+3.2%

BLUE RIDGE POWER SPORTS 401(K) PLAN

Summary metrics

Benchmarksi

Analytics

Service providersi

Plan features & details

Opportunity flagsi

Expense breakdowni

Audit opinioni

BLUE RIDGE POWER SPORTS 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