Retirement plan

BARGAIN BARN, INC. PROFIT SHARING PLAN AND TRUST

Name: BARGAIN BARN, INC. - BARGAIN BARN, INC. PROFIT SHARING PLAN AND TRUST (2020) Form 5500
Creator: BARGAIN BARN, INC.
License: https://www.dol.gov/general/disclaim
Keywords: Form 5500, ERISA, retirement plan, BARGAIN BARN, INC. PROFIT SHARING PLAN AND TRUST, BARGAIN BARN, INC.

BARGAIN BARN, INC.EIN 62-1095475Plan #001PY 2020

PO BOX 1813 - ATHENS, TN 373711813423-746-0746myuo.comLinkedIn501-1000 employeesretail

Prospect flagsLow returns

How to read this page

Total assets (EOY)

$11.5M

+6.9% from 2019

Total participants

616

+26.0% from 2019

Average account balance

$23,080

+5.1% from 2019

Annual return

8.05%

+4.91 pp from 2019

Benchmarks

See 1,285 peers

Peer group

Industry44 - Retail Trade

Plan typeDefined contribution

Participants250-999

Cohort1,285 peers

Snapshot2020

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

Analytics

Total assets (EOY)

Plan-year ending balance

$9.93M

Not enough data

1 years with asset history on file

Average account balance

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

$21K

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.

473

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.

48.2%

Not enough data

1 years with eligibility data

Contributions (total)

Employer and participant dollars contributed each year

$1.19M

Not enough data

1 years with contributions on file

Contributions per participant

Average employer and participant contribution per enrolled participant

$1K

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

+13.10%

Not enough data

1 years with return on file

Admin fee / account holder

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

$15

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 1 by compensation

Provider	Service type	Compensation
SUNTRUST BANKS, INC.5+ years Filed as: BRANCH BANKING & TRUST CO Service code 21 · EIN 56-1368984	Bank Trustee	$68,588

Plan features & details

Pension benefit codes2A2E3D

Plan features

2A
Age/service weighted or new comparability plan
Age/service weighted plan where allocations are based on age service or age and service; or new comparability or similar plan where allocations are based on participant classifications consisting entirely or predominantly of highly compensated employees or the plan provides an additional allocation rate on compensation above a specified threshold that exceeds the permitted disparity limits of Code section 401(l).
2E
Profit-sharing
Profit-sharing plan.
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

OpportunityLow returns
Annual investment return is in the bottom quintile of the peer cohort.

Expense breakdown

Schedule H Part II

Admin total

$69K

$157 / participant

Investment mgmt$7931.1%
Other / not subdivided$69K98.9%

% of EOY assets

0.605%

all-in expense ratio

Categories reported

1 / 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: LBMC, PC
Auditor EIN: 621199757
Audit fees: (not subdivided)
Opinion code: Disclaimer

Metric

This plan

Peer set

Industry

Size

Avg account balance

$23,080

$64,286-64.1%

$90,965-74.6%

$73,412-68.6%

Participation rate

73.0%

63.6%+9.4pp

69.0%+4.0pp

72.2%+0.8pp

Annual return

8.05%

21.46%-13.4pp

134.57%-126.5pp

59.30%-51.2pp

Employer contribution / active EE

$2,834

$895+216.9%

$2,122+33.6%

$2,234+26.9%

Participant deferral / active EE

$2,453-100.0%

$3,373-100.0%

$3,806-100.0%

Admin fee / account holder

$140

$287-51.4%

$5,960-97.7%

$158-11.6%

Provider

Service type

Compensation

SUNTRUST BANKS, INC.5+ years

Filed as: BRANCH BANKING & TRUST CO

Service code 21 · EIN 56-1368984

Bank Trustee

$68,588

BARGAIN BARN, INC. PROFIT SHARING PLAN AND TRUST

Summary metrics

Benchmarksi

Analytics

Service providersi

Plan features & details

Opportunity flagsi

Expense breakdowni

Audit opinioni

BARGAIN BARN, INC. PROFIT SHARING PLAN AND TRUST

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