Retirement plan

BIALSON, BERGEN & SCHWAB 401(K) PLAN

Name: BIALSON, BERGEN & SCHWAB, A PROFESSIONAL CORP. - BIALSON, BERGEN & SCHWAB 401(K) PLAN (2020) Form 5500
Creator: BIALSON, BERGEN & SCHWAB, A PROFESSIONAL CORP.
License: https://www.dol.gov/general/disclaim
Keywords: Form 5500, ERISA, retirement plan, BIALSON, BERGEN & SCHWAB 401(K) PLAN, BIALSON, BERGEN & SCHWAB, A PROFESSIONAL CORP.

BIALSON, BERGEN & SCHWAB, A PROFESSIONAL CORP.EIN 77-0095261Plan #001PY 2020

830 MENLO AVENUE, SUITE 201 - MENLO PARK, CA 94025650-857-9500bbslaw.comLinkedIn11-50 employeeslegal services

Prospect flagsLow participationLow employer contribution

How to read this page

Total assets (EOY)

$1.2M

+29.6% from 2019

Total participants

+10.0% from 2019

Average account balance

$167,189

+11.1% from 2019

Annual return

21.13%

-0.79 pp from 2019

Benchmarks

See 120,779 peers

Peer group

Industry54 - Professional, Scientific, and Technical Services

Plan typeDefined contribution

Participants<25

Cohort120,779 peers

Snapshot2020

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

Analytics

Total assets (EOY)

Plan-year ending balance

$2.09M

Not enough data

1 years with asset history on file

Average account balance

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

$261K

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.

72.7%

Not enough data

1 years with eligibility data

Contributions (total)

Employer and participant dollars contributed each year

$95K

Not enough data

1 years with contributions on file

Contributions per participant

Average employer and participant contribution per enrolled participant

$9K

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

+12.16%

Not enough data

1 years with return on file

Admin fee / account holder

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

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 codes2G2J2T3D

Plan features

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.
2T
Default investment account
Total or partial participant-directed account plan where plan uses a default investment account for participants who fail to direct assets in their account.
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 participation
Participation rate is below 70% (account-balance holders / active employees) - enrollment or auto-enroll opportunity.
OpportunityLow employer contribution
Employer contribution per participant is in the bottom quintile of the peer cohort.

Expense breakdown

Schedule H Part II

Admin total

$125

$11 / participant

Other / not subdivided$125100.0%

% of EOY assets

0.011%

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

$167,189

$165,361+1.1%

$149,715+11.7%

$158,950+5.2%

Participation rate

63.6%

84.6%-20.9pp

82.5%-18.8pp

82.0%-18.3pp

Annual return

21.13%

348.24%-327.1pp

276.66%-255.5pp

302.91%-281.8pp

Employer contribution / active EE

$5,103-100.0%

$4,645-100.0%

$4,762-100.0%

Participant deferral / active EE

$6,941

$7,182-3.3%

$6,842+1.5%

$5,983+16.0%

Admin fee / account holder

$18

$10,808-99.8%

$9,310-99.8%

$11,248-99.8%

BIALSON, BERGEN & SCHWAB 401(K) PLAN

Summary metrics

Benchmarksi

Analytics

Service providersi

Plan features & details

Opportunity flagsi

Expense breakdowni

Audit opinioni

BIALSON, BERGEN & SCHWAB 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