Retirement plan

BUDWEISER-BUSCH DISTRIBUTION CO. INC. 401(K) PROFIT SHARING PLAN

Name: BUDWEISER-BUSCH DISTRIBUTING COMPANY, INC. - BUDWEISER-BUSCH DISTRIBUTION CO. INC. 401(K) PROFIT SHARING PLAN (2020) Form 5500
Creator: BUDWEISER-BUSCH DISTRIBUTING COMPANY, INC.
License: https://www.dol.gov/general/disclaim
Keywords: Form 5500, ERISA, retirement plan, BUDWEISER-BUSCH DISTRIBUTION CO. INC. 401(K) PROFIT SHARING PLAN, BUDWEISER-BUSCH DISTRIBUTING COMPANY, INC.

BUDWEISER-BUSCH DISTRIBUTING COMPANY, INC.EIN 63-0498766Plan #002PY 2020

1050 E I65 SERVICE ROAD N - MOBILE, AL 36617251-476-4311LinkedIn11-50 employeesfood & beverages

Prospect flagsHigh feesCorrective distributions

How to read this page

Total assets (EOY)

$13.4M

+17.4% from 2019

Total participants

130

+2.4% from 2019

Average account balance

$112,460

+16.4% from 2019

Annual return

15.09%

-11.52 pp from 2019

Benchmarks

See 2,270 peers

Peer group

Industry42 - Wholesale Trade

Plan typeDefined contribution

Participants100-249

Cohort2,270 peers

Snapshot2020

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

Analytics

Total assets (EOY)

Plan-year ending balance

$17.10M

Not enough data

1 years with asset history on file

Average account balance

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

$137K

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.

125

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.

65.0%

Not enough data

1 years with eligibility data

Contributions (total)

Employer and participant dollars contributed each year

$464K

Not enough data

1 years with contributions on file

Contributions per participant

Average employer and participant contribution per enrolled participant

$3K

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

+20.24%

Not enough data

1 years with return on file

Admin fee / account holder

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

$377

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
REGIONS BANK5 years Service code 27 · EIN 63-0371391	Advisory (Plan)	$38,474
FIDELITY INVESTMENTS INSTITUTIONAL5 years Service code 60 · EIN 04-2647786	Sub-TA Fees	$390

Plan features & details

Pension benefit codes2E2G2J3D

Plan features

2E
Profit-sharing
Profit-sharing 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.
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.
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.)
ComplianceCorrective distributions
Plan reported corrective distributions (failed ADP/ACP testing).

Expense breakdown

Schedule H Part II

Admin total

$39K

$347 / participant

Other / not subdivided$39K100.0%

% of EOY assets

0.290%

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: SMITH, DUKES & BUCKALEW, LLP
Auditor EIN: 630191630
Audit fees: (not subdivided)
Opinion code: Disclaimer

Metric

This plan

Peer set

Industry

Size

Avg account balance

$112,460

$81,494+38.0%

$133,978-16.1%

$73,497+53.0%

Participation rate

90.2%

76.4%+13.8pp

79.8%+10.3pp

70.7%+19.5pp

Annual return

15.09%

19.40%-4.3pp

45.10%-30.0pp

28.51%-13.4pp

Employer contribution / active EE

$1,039

$2,210-53.0%

$3,919-73.5%

$2,270-54.2%

Participant deferral / active EE

$2,841

$3,787-25.0%

$5,047-43.7%

$3,740-24.0%

Admin fee / account holder

$327

$713-54.2%

$8,930-96.3%

$513-36.3%

Provider

Service type

Compensation

REGIONS BANK5 years

Service code 27 · EIN 63-0371391

Advisory (Plan)

$38,474

FIDELITY INVESTMENTS INSTITUTIONAL5 years

Service code 60 · EIN 04-2647786

Sub-TA Fees

$390

BUDWEISER-BUSCH DISTRIBUTION CO. INC. 401(K) PROFIT SHARING PLAN

Summary metrics

Benchmarksi

Analytics

Service providersi

Plan features & details

Opportunity flagsi

Expense breakdowni

Audit opinioni

BUDWEISER-BUSCH DISTRIBUTION CO. INC. 401(K) PROFIT SHARING 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