Retirement plan

BUCCI GLOBAL PRODUCTS 401(K) PROFIT SHARING PLAN

Name: BUCCI GLOBAL PRODUCTS, INC. - BUCCI GLOBAL PRODUCTS 401(K) PROFIT SHARING PLAN (2022) Form 5500
Creator: BUCCI GLOBAL PRODUCTS, INC.
License: https://www.dol.gov/general/disclaim
Keywords: Form 5500, ERISA, retirement plan, BUCCI GLOBAL PRODUCTS 401(K) PROFIT SHARING PLAN, BUCCI GLOBAL PRODUCTS, INC.

BUCCI GLOBAL PRODUCTS, INC.EIN 65-0869558Plan #001PY 2022

6917 VISTA PARKWAY N, SUITE 20 - WEST PALM BEACH, FL 33411561-351-6000

Other plans on this EIN

1 filing

#002Retirement-$590K assets

Prospect flagsHigh fees

How to read this page

Total assets (EOY)

$246K

+41.2% from 2021

Total participants

+100.0% from 2021

Average account balance

$41,082

-29.4% from 2021

Annual return

-1.96%

-3.91 pp from 2021

Benchmarks

See 23,464 peers

Peer group

Industry42 - Wholesale Trade

Plan typeDefined contribution

Participants<25

Cohort23,464 peers

Snapshot2022

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

Analytics

Total assets (EOY)

Plan-year ending balance

$637K

Not enough data

1 years with asset history on file

Average account balance

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

$212K

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.

100.0%

Not enough data

1 years with eligibility data

Contributions (total)

Employer and participant dollars contributed each year

$91K

Not enough data

1 years with contributions on file

Contributions per participant

Average employer and participant contribution per enrolled participant

$30K

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

+10.14%

Not enough data

1 years with return on file

Admin fee / account holder

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

$8874

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 codes2E2J3D

Plan features

2E
Profit-sharing
Profit-sharing plan.
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

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

$8K

$1387 / participant

Other / not subdivided$8K100.0%

% of EOY assets

3.375%

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

$41,082

$142,392-71.1%

$119,622-65.7%

$134,532-69.5%

Participation rate

100.0%

82.8%+17.2pp

79.3%+20.7pp

81.2%+18.8pp

Annual return

-1.96%

-12.46%+10.5pp

-14.98%+13.0pp

418.27%-420.2pp

Employer contribution / active EE

$9,445

$5,224+80.8%

$4,232+123.2%

$4,741+99.2%

Participant deferral / active EE

$4,500

$6,467-30.4%

$5,601-19.7%

$6,401-29.7%

Admin fee / account holder

$1,387

$13,593-89.8%

$10,328-86.6%

$11,429-87.9%

BUCCI GLOBAL PRODUCTS 401(K) PROFIT SHARING PLAN

Summary metrics

Benchmarksi

Analytics

Service providersi

Plan features & details

Opportunity flagsi

Expense breakdowni

Audit opinioni

BUCCI GLOBAL PRODUCTS 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