Retirement plan

HENRY BRICK MONEY PURCHASE PLAN

Name: HENRY BRICK COMPANY INC. - HENRY BRICK MONEY PURCHASE PLAN (2020) Form 5500
Creator: HENRY BRICK COMPANY INC.
License: https://www.dol.gov/general/disclaim
Keywords: Form 5500, ERISA, retirement plan, HENRY BRICK MONEY PURCHASE PLAN, HENRY BRICK COMPANY INC.

HENRY BRICK COMPANY INC.EIN 63-0335645Plan #002PY 2020

P.O. BOX 850 - SELMA, AL 36702334-875-2600LinkedIn11-50 employeesbuilding materials

Other plans on this EIN

1 filing

#001Retirement-$5.7M assets

Prospect flagsLow returnsHigh fees

How to read this page

Total assets (EOY)

$870K

-3.0% from 2019

Total participants

+22.0% from 2019

Average account balance

$14,257

-20.5% from 2019

Annual return

8.37%

-9.79 pp from 2019

Benchmarks

See 33 peers

Peer group

IndustryUnknown

Plan typeDefined contribution

Participants25-99

Cohort33 peers

Snapshot2020

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

Analytics

Total assets (EOY)

Plan-year ending balance

$872K

Not enough data

1 years with asset history on file

Average account balance

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

$14K

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.

128.6%

Not enough data

1 years with eligibility data

Contributions (total)

Employer and participant dollars contributed each year

$74K

Not enough data

1 years with contributions on file

Contributions per participant

Average employer and participant contribution per enrolled participant

$2K

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

+5.71%

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

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 codes2C3D2G2T

Plan features

2C
Money purchase plan
Money purchase pension plan other than a target benefit plan.
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.
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.)
OpportunityLow returns
Annual investment return is in the bottom quintile of the peer cohort.

Expense breakdown

Schedule H Part II

Admin total

$170K

$3205 / participant

Other / not subdivided$170K100.0%

% of EOY assets

19.535%

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

$14,257

$26,194-45.6%

$79,856-82.1%

Participation rate

100.0%

49.4%+50.6pp

69.6%+30.4pp

Annual return

8.37%

42.01%-33.6pp

31.71%-23.3pp

Employer contribution / active EE

$1,158

$1,555-25.6%

$2,471-53.2%

Participant deferral / active EE

$1,743-100.0%

$3,741-100.0%

Admin fee / account holder

$2,785

$2,148+29.7%

$5,306-47.5%

HENRY BRICK MONEY PURCHASE PLAN

Summary metrics

Benchmarksi

Analytics

Service providersi

Plan features & details

Opportunity flagsi

Expense breakdowni

Audit opinioni

HENRY BRICK MONEY PURCHASE 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