Retirement plan

BIALSON, BERGEN & SCHWAB 401(K) PLAN

Name: BIALSON, BERGEN & SCHWAB, A PROFESSIONAL CORP. - BIALSON, BERGEN & SCHWAB 401(K) PLAN (2021) 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 2021

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)

$1.4M

+19.4% from 2020

Total participants

+9.1% from 2020

Average account balance

$199,706

+19.4% from 2020

Annual return

13.05%

-8.08 pp from 2020

Benchmarks

See 126,102 peers

Peer group

Industry54 - Professional, Scientific, and Technical Services

Plan typeDefined contribution

Participants<25

Cohort126,102 peers

Snapshot2021

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.

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

$199,706

$176,105+13.4%

$159,474+25.2%

$167,536+19.2%

Participation rate

54.5%

85.0%-30.4pp

82.8%-28.3pp

82.1%-27.6pp

Annual return

13.05%

331.91%-318.9pp

263.68%-250.6pp

478.82%-465.8pp

Employer contribution / active EE

$5,299-100.0%

$4,831-100.0%

$4,839-100.0%

Participant deferral / active EE

$6,807

$7,751-12.2%

$7,353-7.4%

$6,342+7.3%

Admin fee / account holder

$12,559-100.0%

$10,802-100.0%

$12,315-100.0%

BIALSON, BERGEN & SCHWAB 401(K) PLAN

Summary metrics

Benchmarksi

Analytics

Service providersi

Plan features & details

Opportunity flagsi

Audit opinioni

BIALSON, BERGEN & SCHWAB 401(K) PLAN

Summary metrics

Benchmarksi

Analytics

Service providersi

Plan features & details

Opportunity flagsi

Audit opinioni

Benchmarks

Service providers

Opportunity flags

Audit opinion

Benchmarks

Service providers

Opportunity flags

Audit opinion