Retirement plan

BUCKS COUNTY GLASS 401(K) PLAN

Name: MOUNT GLASS & METAL LLC DBA BUCKS COUNTY GLASS - BUCKS COUNTY GLASS 401(K) PLAN (2022) Form 5500
Creator: MOUNT GLASS & METAL LLC DBA BUCKS COUNTY GLASS
License: https://www.dol.gov/general/disclaim
Keywords: Form 5500, ERISA, retirement plan, BUCKS COUNTY GLASS 401(K) PLAN, MOUNT GLASS & METAL LLC DBA BUCKS COUNTY GLASS

MOUNT GLASS & METAL LLC DBA BUCKS COUNTY GLASSEIN 82-1672895Plan #001PY 2022

4050 SKYRON DRIVE, SUITE E - DOYLESTOWN, PA 18902215-230-8200

Prospect flagsLow returns

How to read this page

Total assets (EOY)

$494K

+1.4% from 2021

Total participants

+12.5% from 2021

Average account balance

$54,877

-9.8% from 2021

Annual return

-25.82%

-25.82 pp from 2021

Benchmarks

See 48,278 peers

Peer group

Industry23 - Construction

Plan typeDefined contribution

Participants<25

Cohort48,278 peers

Snapshot2022

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

Analytics

Total assets (EOY)

Plan-year ending balance

$1.66M

Not enough data

1 years with asset history on file

Average account balance

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

$166K

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.

111.1%

Not enough data

1 years with eligibility data

Contributions (total)

Employer and participant dollars contributed each year

$127K

Not enough data

1 years with contributions on file

Contributions per participant

Average employer and participant contribution per enrolled participant

$14K

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

+20.95%

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 codes2E2F2J2T3D

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).
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

1 tripped

OpportunityLow returns
Annual investment return is in the bottom quintile of the peer cohort.

Expense breakdown

Schedule H Part II

Admin total

$2K

$275 / participant

Other / not subdivided$2K100.0%

% of EOY assets

0.390%

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

$54,877

$133,981-59.0%

$112,249-51.1%

$134,532-59.2%

Participation rate

100.0%

78.6%+21.4pp

75.1%+24.9pp

81.2%+18.8pp

Annual return

-25.82%

47.16%-73.0pp

27.48%-53.3pp

418.27%-444.1pp

Employer contribution / active EE

$3,318

$4,040-17.9%

$3,636-8.8%

$4,741-30.0%

Participant deferral / active EE

$15,630

$5,292+195.4%

$4,729+230.5%

$6,401+144.2%

Admin fee / account holder

$214

$7,492-97.1%

$6,412-96.7%

$11,429-98.1%

BUCKS COUNTY GLASS 401(K) PLAN

Summary metrics

Benchmarksi

Analytics

Service providersi

Plan features & details

Opportunity flagsi

Expense breakdowni

Audit opinioni

BUCKS COUNTY GLASS 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