Retirement plan

BARTLETT ROCHESTER & DISTRIBUTION 401(K) PLAN

Name: BARTLETT ROCHESTER & DISTRIBUTION - BARTLETT ROCHESTER & DISTRIBUTION 401(K) PLAN (2024) Form 5500
Creator: BARTLETT ROCHESTER & DISTRIBUTION
License: https://www.dol.gov/general/disclaim
Keywords: Form 5500, ERISA, retirement plan, BARTLETT ROCHESTER & DISTRIBUTION 401(K) PLAN, BARTLETT ROCHESTER & DISTRIBUTION

BARTLETT ROCHESTER & DISTRIBUTIONEIN 74-3168509Plan #001PY 2024

90-04 161ST STREET, SUITE 609 - JAMAICA, NY 11432718-658-2299LinkedIn51-200 employeescomputer software

Prospect flagsLow assets / participantLow participant contribution

How to read this page

Total assets (EOY)

$2.5M

+20.4% from 2023

Total participants

170

-18.3% from 2023

Average account balance

$16,990

+23.6% from 2023

Annual return

12.51%

-8.70 pp from 2023

Benchmarks

See 2,345 peers

Peer group

Industry42 - Wholesale Trade

Plan typeDefined contribution

Participants100-249

Cohort2,345 peers

Snapshot2024

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

Analytics

Total assets (EOY)

Plan-year ending balance

$2.51M

Not enough data

1 years with asset history on file

Average account balance

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

$17K

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.

148

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.

84.4%

Not enough data

1 years with eligibility data

Contributions (total)

Employer and participant dollars contributed each year

$349K

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

+12.51%

Not enough data

1 years with return on file

Admin fee / account holder

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

$27

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 3 by compensation

Provider	Service type	Compensation
PREFERRED PENSION PLANNING1 year Filed as: PREFERRED PENSION PLANNING CORP. Service code 17 · EIN 22-3200158 5991 US HIGHWAY 22 · BRIDGEWATER, NJ 08807	Pension Consulting	$1,288
KESTRA INVESTMENT SERVICES LLC1 year Service code 52 5707 SOUTHWEST PKWY, BLDG. 2 · AUSTIN, TX 78735	Indirect Investment Fees	$0
NATIONWIDE1 year Service code 13 ONE NATIONWIDE PLAZA · COLUMBUS, OH 43215	Contract Administrator	$0

Plan features & details

Pension benefit codes2E2J2K2F2G3D3H

Plan features

2E
Profit-sharing
Profit-sharing plan.
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).
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.
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.
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.
3H
Controlled group member
Plan sponsor(s) is (are) a member(s) of a controlled group (Code sections 414(b) (c) or (m)).

Opportunity flags

2 tripped

OpportunityLow participant contribution
Participant contribution per participant is in the bottom quintile of the peer cohort.
OpportunityLow assets / participant
Assets per participant are in the bottom quintile of the peer cohort - savings-rate / match opportunity.

Expense breakdown

Schedule H Part II

Admin total

$4K

$29 / participant

Recordkeeping$4K100.0%

% of EOY assets

0.160%

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: CARON & BLETZER, PLLC
Auditor EIN: 040349945
Audit fees: $0
Opinion code: Unqualified

Metric

This plan

Peer set

Industry

Size

Avg account balance

$16,990

$88,186-80.7%

$165,071-89.7%

$74,459-77.2%

Participation rate

84.4%

73.1%+11.3pp

78.6%+5.8pp

67.2%+17.2pp

Annual return

12.51%

17.13%-4.6pp

70.17%-57.7pp

1369.70%-1357.2pp

Employer contribution / active EE

$1,248

$2,600-52.0%

$4,347-71.3%

$2,626-52.5%

Participant deferral / active EE

$1,225

$4,505-72.8%

$6,035-79.7%

$4,350-71.8%

Admin fee / account holder

$27

$2,234-98.8%

$12,695-99.8%

$1,945-98.6%

Provider

Service type

Compensation

PREFERRED PENSION PLANNING1 year

Filed as: PREFERRED PENSION PLANNING CORP.

Service code 17 · EIN 22-3200158

5991 US HIGHWAY 22 · BRIDGEWATER, NJ 08807

Pension Consulting

$1,288

KESTRA INVESTMENT SERVICES LLC1 year

Service code 52

5707 SOUTHWEST PKWY, BLDG. 2 · AUSTIN, TX 78735

Indirect Investment Fees

NATIONWIDE1 year

Service code 13

ONE NATIONWIDE PLAZA · COLUMBUS, OH 43215

Contract Administrator

BARTLETT ROCHESTER & DISTRIBUTION 401(K) PLAN

Summary metrics

Benchmarksi

Analytics

Service providersi

Plan features & details

Opportunity flagsi

Expense breakdowni

Audit opinioni

BARTLETT ROCHESTER & DISTRIBUTION 401(K) 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