Retirement plan

BBAM US LP 401(K) PLAN

Name: BBAM US LP - BBAM US LP 401(K) PLAN (2024) Form 5500
Creator: BBAM US LP
License: https://www.dol.gov/general/disclaim
Keywords: Form 5500, ERISA, retirement plan, BBAM US LP 401(K) PLAN, BBAM US LP

BBAM US LPEIN 80-0557765Plan #001PY 2024

150 SPEAR STREET, SUITE 850 - SAN FRANCISCO, CA 94105415-267-1543

Prospect flagsHigh fees

How to read this page

Total assets (EOY)

$32.6M

+12.6% from 2023

Total participants

134

+4.7% from 2023

Average account balance

$243,466

+7.6% from 2023

Annual return

15.51%

-2.04 pp from 2023

Benchmarks

See 28,910 peers

Peer group

Industry54 - Professional, Scientific, and Technical Services

Plan typeDefined contribution

Participants25-99

Cohort28,910 peers

Snapshot2024

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

Analytics

Total assets (EOY)

Plan-year ending balance

$32.62M

Not enough data

1 years with asset history on file

Average account balance

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

$243K

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.

134

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.

100.0%

Not enough data

1 years with eligibility data

Contributions (total)

Employer and participant dollars contributed each year

$2.09M

Not enough data

1 years with contributions on file

Contributions per participant

Average employer and participant contribution per enrolled participant

$26K

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

+15.51%

Not enough data

1 years with return on file

Admin fee / account holder

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

$484

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
FIDELITY INVESTMENTS INSTITUTIONAL6 years Service code 37 · EIN 04-2647786	Loan Processing	$39,819
CONCURRENT INVESTMENT ADVISORS LLC1 year Service code 27 · EIN 92-1819393	Advisory (Plan)	$25,000

Plan features & details

Pension benefit codes2E2F2G2J2R2T3D3F

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.
2R
Participant-directed brokerage accounts
Participant-directed brokerage accounts provided as an investment option under the plan.
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.
3F
Leased employees
Plan sponsor(s) received services of leased employees as defined in Code section 414(n) during the plan year.

Opportunity flags

1 tripped

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

$65K

$800 / participant

Recordkeeping$40K61.4%
Investment mgmt$25K38.6%

% of EOY assets

0.199%

all-in expense ratio

Categories reported

2 / 9

subdivided buckets used

Audit opinion

Schedule H Part III

Unqualified opinion

Auditor signed off without reservation - the cleanest possible opinion.

Auditor firm: BAKER TILLY US, LLP
Auditor EIN: 301413443
Audit fees: $0
Opinion code: Unqualified

Metric

This plan

Peer set

Industry

Size

Avg account balance

$243,466

$102,382+137.8%

$147,005+65.6%

$80,874+201.0%

Participation rate

100.0%

75.8%+24.2pp

82.2%+17.8pp

67.6%+32.4pp

Annual return

15.51%

134.89%-119.4pp

418.76%-403.3pp

35.62%-20.1pp

Employer contribution / active EE

$9,760

$3,715+162.7%

$4,934+97.8%

$2,756+254.2%

Participant deferral / active EE

$16,059

$6,646+141.6%

$8,070+99.0%

$4,297+273.7%

Admin fee / account holder

$484

$7,942-93.9%

$13,006-96.3%

$6,935-93.0%

Provider

Service type

Compensation

FIDELITY INVESTMENTS INSTITUTIONAL6 years

Service code 37 · EIN 04-2647786

Loan Processing

$39,819

CONCURRENT INVESTMENT ADVISORS LLC1 year

Service code 27 · EIN 92-1819393

Advisory (Plan)

$25,000

BBAM US LP 401(K) PLAN

Summary metrics

Benchmarksi

Analytics

Service providersi

Plan features & details

Opportunity flagsi

Expense breakdowni

Audit opinioni

BBAM US LP 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