Retirement plan

BURGESS CONSTRUCTION CONSULTANTS, INC. 401K PLAN

Name: BURGESS CONSTRUCTION CONSULTANTS, INC. - BURGESS CONSTRUCTION CONSULTANTS, INC. 401K PLAN (2020) Form 5500
Creator: BURGESS CONSTRUCTION CONSULTANTS, INC.
License: https://www.dol.gov/general/disclaim
Keywords: Form 5500, ERISA, retirement plan, BURGESS CONSTRUCTION CONSULTANTS, INC. 401K PLAN, BURGESS CONSTRUCTION CONSULTANTS, INC.

BURGESS CONSTRUCTION CONSULTANTS, INC.EIN 75-2473224Plan #001PY 2020

1255 WEST 15TH STREET, SUITE 900 - PLANO, TX 75075214-888-7344burgess-inc.comLinkedIn201-500 employeesconstruction

Prospect flagsLow participation

How to read this page

Total assets (EOY)

$2.2M

+34.7% from 2019

Total participants

135

+5.5% from 2019

Average account balance

$37,150

+28.0% from 2019

Annual return

20.01%

-3.54 pp from 2019

Benchmarks

See 1,006 peers

Peer group

Industry53 - Real Estate and Rental and Leasing

Plan typeDefined contribution

Participants100-249

Cohort1,006 peers

Snapshot2020

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

Analytics

Total assets (EOY)

Plan-year ending balance

$5.49M

Not enough data

1 years with asset history on file

Average account balance

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

$23K

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.

244

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.

93.0%

Not enough data

1 years with eligibility data

Contributions (total)

Employer and participant dollars contributed each year

$1.18M

Not enough data

1 years with contributions on file

Contributions per participant

Average employer and participant contribution per enrolled participant

$5K

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

+12.07%

Not enough data

1 years with return on file

Admin fee / account holder

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

$175

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
MERRILL LYNCH PIERCE FENNER & SMITH4 years Filed as: MERRILL LYNCH Service code 52 · EIN 13-5674085	Indirect Investment Fees	$7,346
ASCENSUS LLC4 years Filed as: ASCENSUS Service code 59 · EIN 11-3665754	Shareholder Servicing	$360

Plan features & details

Pension benefit codes2E2F2G2J2K3D

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.

Opportunity flags

1 tripped

OpportunityLow participation
Participation rate is below 70% (account-balance holders / active employees) - enrollment or auto-enroll opportunity.

Expense breakdown

Schedule H Part II

Admin total

$7K

$57 / participant

Contract admin$7K100.0%

% of EOY assets

0.332%

all-in expense ratio

Categories reported

1 / 9

subdivided buckets used

Audit opinion

Schedule H Part III

Disclaimer opinion

Auditor declined to express an opinion - usually a 103(a)(3)(C) limited-scope election.

Auditor firm: BAKER TILLY US LLP
Auditor EIN: 390859910
Audit fees: (not subdivided)
Opinion code: Disclaimer

Metric

This plan

Peer set

Industry

Size

Avg account balance

$37,150

$62,132-40.2%

$185,835-80.0%

$73,493-49.5%

Participation rate

41.9%

67.8%-26.0pp

78.0%-36.2pp

70.7%-28.8pp

Annual return

20.01%

20.44%-0.4pp

35.96%-16.0pp

28.51%-8.5pp

Employer contribution / active EE

$489

$1,681-70.9%

$4,087-88.0%

$2,270-78.5%

Participant deferral / active EE

$1,916

$3,711-48.4%

$5,633-66.0%

$3,740-48.8%

Admin fee / account holder

$123

$419-70.5%

$9,502-98.7%

$513-75.9%

Provider

Service type

Compensation

MERRILL LYNCH PIERCE FENNER & SMITH4 years

Filed as: MERRILL LYNCH

Service code 52 · EIN 13-5674085

Indirect Investment Fees

$7,346

ASCENSUS LLC4 years

Filed as: ASCENSUS

Service code 59 · EIN 11-3665754

Shareholder Servicing

$360

BURGESS CONSTRUCTION CONSULTANTS, INC. 401K PLAN

Summary metrics

Benchmarksi

Analytics

Service providersi

Plan features & details

Opportunity flagsi

Expense breakdowni

Audit opinioni

BURGESS CONSTRUCTION CONSULTANTS, INC. 401K 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