Retirement plan

BOURGEOIS BENNETT, L.L.C. 401K PROFIT SHARING PLAN AND TRUST

Name: BOURGEOIS BENNETT, L.L.C. - BOURGEOIS BENNETT, L.L.C. 401K PROFIT SHARING PLAN AND TRUST (2020) Form 5500
Creator: BOURGEOIS BENNETT, L.L.C.
License: https://www.dol.gov/general/disclaim
Keywords: Form 5500, ERISA, retirement plan, BOURGEOIS BENNETT, L.L.C. 401K PROFIT SHARING PLAN AND TRUST, BOURGEOIS BENNETT, L.L.C.

BOURGEOIS BENNETT, L.L.C.EIN 72-0136870Plan #001PY 2020

111 VETERANS BLVD., 17TH FLOOR - METAIRIE, LA 700050000504-831-4949LinkedIn1-10 employees

Prospect flagsLow returnsHigh fees

How to read this page

Total assets (EOY)

$26M

-21.0% from 2019

Total participants

108

+3.8% from 2019

Average account balance

$247,475

-22.5% from 2019

Annual return

-6.22%

-13.16 pp from 2019

Benchmarks

See 26,418 peers

Peer group

Industry54 - Professional, Scientific, and Technical Services

Plan typeDefined contribution

Participants25-99

Cohort26,418 peers

Snapshot2020

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

Analytics

Total assets (EOY)

Plan-year ending balance

$19.11M

Not enough data

1 years with asset history on file

Average account balance

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

$225K

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.

130.8%

Not enough data

1 years with eligibility data

Contributions (total)

Employer and participant dollars contributed each year

$968K

Not enough data

1 years with contributions on file

Contributions per participant

Average employer and participant contribution per enrolled participant

$15K

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

+8.75%

Not enough data

1 years with return on file

Admin fee / account holder

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

$9651

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

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Service providers

Top 3 by compensation

Provider	Service type	Compensation
ST. DENIS J. VILLERE & COMPANY, LLC5+ years Service code 27 · EIN 72-0343760	Advisory (Plan)	$100,875
CHARLES SCHWAB & CO., INC.2 years Service code 59 · EIN 94-3106735	Shareholder Servicing	$0
CHARLES SCHWAB & CO., INC.2 years Filed as: SCHWAB FUNDS Service code 59	Shareholder Servicing	$0

Plan features & details

Pension benefit codes2E2J2K3D3B

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.
2K
Code section 401(m) arrangement
Employee contributions are allocated to separate accounts under the plan or employer contributions are based in whole or in part on employee deferrals or contributions to the plan. Not applicable to 401(k) plans with only QNECs and/or QMACs or to 403(b)(1) 403(b)(7) or 408 arrangements.
3B
Plan covering self-employed individuals
Plan covering self-employed individuals.
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

$97K

$1486 / participant

Investment mgmt$97K100.0%

% of EOY assets

0.372%

all-in expense ratio

Categories reported

1 / 9

subdivided buckets used

Audit opinion

Schedule H Part III

Unqualified opinion

Auditor signed off without reservation - the cleanest possible opinion.

Auditor firm: BERNARD & FRANKS, A CORP. OF CPA'S
Auditor EIN: 720916213
Audit fees: (not subdivided)
Opinion code: Unqualified

Metric

This plan

Peer set

Industry

Size

Avg account balance

$247,475

$98,776+150.5%

$149,745+65.3%

$79,856+209.9%

Participation rate

95.4%

75.8%+19.6pp

82.5%+12.9pp

69.6%+25.7pp

Annual return

-6.22%

27.38%-33.6pp

276.72%-282.9pp

31.71%-37.9pp

Employer contribution / active EE

$2,905

$3,217-9.7%

$4,646-37.5%

$2,471+17.6%

Participant deferral / active EE

$6,593

$5,681+16.0%

$6,843-3.7%

$3,741+76.3%

Admin fee / account holder

$920

$6,053-84.8%

$9,312-90.1%

$5,306-82.7%

Provider

Service type

Compensation

ST. DENIS J. VILLERE & COMPANY, LLC5+ years

Service code 27 · EIN 72-0343760

Advisory (Plan)

$100,875

CHARLES SCHWAB & CO., INC.2 years

Service code 59 · EIN 94-3106735

Shareholder Servicing

CHARLES SCHWAB & CO., INC.2 years

Filed as: SCHWAB FUNDS

Service code 59

Shareholder Servicing

BOURGEOIS BENNETT, L.L.C. 401K PROFIT SHARING PLAN AND TRUST

Summary metrics

Benchmarksi

Analytics

Service providersi

Plan features & details

Opportunity flagsi

Expense breakdowni

Audit opinioni

BOURGEOIS BENNETT, L.L.C. 401K 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