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 (2021) 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 2021

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

Prospect flagsHigh feesFailed to transmit contributions

How to read this page

Total assets (EOY)

$16M

+19.8% from 2020

Total participants

132

+1.5% from 2020

Average account balance

$134,740

+19.8% from 2020

Annual return

18.88%

+3.80 pp from 2020

Benchmarks

See 2,250 peers

Peer group

Industry42 - Wholesale Trade

Plan typeDefined contribution

Participants100-249

Cohort2,250 peers

Snapshot2021

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 BANK6 years Service code 27 · EIN 63-0371391	Advisory (Plan)	$48,958
FIDELITY INVESTMENTS INSTITUTIONAL6 years Service code 60 · EIN 04-2647786	Sub-TA Fees	$802

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.)
ComplianceFailed to transmit contributions
Form 5500 reported a failure to timely transmit participant contributions (Schedule H line 4a).

Expense breakdown

Schedule H Part II

Admin total

$50K

$483 / participant

Other / not subdivided$50K100.0%

% of EOY assets

0.310%

all-in expense ratio

Categories reported

0 / 9

subdivided buckets used

Audit opinion

Schedule H Part III

Unqualified opinion

Auditor signed off without reservation - the cleanest possible opinion.

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

Metric

This plan

Peer set

Industry

Size

Avg account balance

$134,740

$93,182+44.6%

$146,685-8.1%

$79,393+69.7%

Participation rate

87.4%

76.4%+10.9pp

80.1%+7.3pp

70.7%+16.7pp

Annual return

18.88%

21.61%-2.7pp

22.75%-3.9pp

116.87%-98.0pp

Employer contribution / active EE

$1,286

$2,420-46.9%

$4,137-68.9%

$2,428-47.0%

Participant deferral / active EE

$3,398

$4,169-18.5%

$5,507-38.3%

$4,046-16.0%

Admin fee / account holder

$418

$585-28.5%

$10,281-95.9%

$627-33.3%

Provider

Service type

Compensation

REGIONS BANK6 years

Service code 27 · EIN 63-0371391

Advisory (Plan)

$48,958

FIDELITY INVESTMENTS INSTITUTIONAL6 years

Service code 60 · EIN 04-2647786

Sub-TA Fees

$802

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