Retirement plan

EMPLOYEE BENEFIT PLAN OF BERGEY WINDPOWER COMPANY, INC.

Name: BERGEY WINDPOWER COMPANY, INC. - EMPLOYEE BENEFIT PLAN OF BERGEY WINDPOWER COMPANY, INC. (2018) Form 5500
Creator: BERGEY WINDPOWER COMPANY, INC.
License: https://www.dol.gov/general/disclaim
Keywords: Form 5500, ERISA, retirement plan, EMPLOYEE BENEFIT PLAN OF BERGEY WINDPOWER COMPANY, INC., BERGEY WINDPOWER COMPANY, INC.

BERGEY WINDPOWER COMPANY, INC.EIN 73-1081090Plan #001PY 2018

2200 INDUSTRIAL BLVD - NORMAN, OK 730698516405-364-4212bergey.comLinkedIn11-50 employeesutilities

Prospect flagsHigh feesLow employer contribution

How to read this page

Total assets (EOY)

$356K

-19.3% from 2017

Total participants

-5.9% from 2017

Average account balance

$23,742

-8.6% from 2017

Annual return

-6.33%

-19.82 pp from 2017

Benchmarks

See 21,281 peers

Peer group

Industry33 - Manufacturing

Plan typeDefined contribution

Participants<25

Cohort21,281 peers

Snapshot2018

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

Analytics

Total assets (EOY)

Plan-year ending balance

$478K

Not enough data

1 years with asset history on file

Average account balance

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

$27K

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.

112.5%

Not enough data

1 years with eligibility data

Contributions (total)

Employer and participant dollars contributed each year

$35K

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

+13.19%

Not enough data

1 years with return on file

Admin fee / account holder

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

$559

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 codes2F3D

Plan features

2F
ERISA section 404(c) plan
This plan or any part of it is intended to meet the conditions of 29 CFR 2550.404c-1 (shifting investment responsibility to participants).
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

OpportunityLow employer contribution
Employer contribution per participant is in the bottom quintile of the peer cohort.
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

$77K

$7747 / participant

Other / not subdivided$77K100.0%

% of EOY assets

21.753%

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

$23,742

$92,219-74.3%

$76,768-69.1%

$135,379-82.5%

Participation rate

90.0%

79.8%+10.2pp

77.0%+13.0pp

82.6%+7.4pp

Annual return

-6.33%

5.46%-11.8pp

2.43%-8.8pp

519.79%-526.1pp

Employer contribution / active EE

$453

$3,216-85.9%

$2,485-81.8%

$4,779-90.5%

Participant deferral / active EE

$1,531

$4,508-66.0%

$3,852-60.2%

$5,609-72.7%

Admin fee / account holder

$5,165

$10,749-52.0%

$6,675-22.6%

$10,828-52.3%

EMPLOYEE BENEFIT PLAN OF BERGEY WINDPOWER COMPANY, INC.

Summary metrics

Benchmarksi

Analytics

Service providersi

Plan features & details

Opportunity flagsi

Expense breakdowni

Audit opinioni

EMPLOYEE BENEFIT PLAN OF BERGEY WINDPOWER COMPANY, INC.

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