Retirement plan

BRENNAN'S CELLARS, LLC RETIREMENT SAVINGS PLAN

Name: BRENNAN'S CELLARS, LLC - BRENNAN'S CELLARS, LLC RETIREMENT SAVINGS PLAN (2023) Form 5500
Creator: BRENNAN'S CELLARS, LLC
License: https://www.dol.gov/general/disclaim
Keywords: Form 5500, ERISA, retirement plan, BRENNAN'S CELLARS, LLC RETIREMENT SAVINGS PLAN, BRENNAN'S CELLARS, LLC

BRENNAN'S CELLARS, LLCEIN 82-3033392Plan #001PY 2023

8210 WATTS ROAD - MADISON, WI 53719608-833-2893

Prospect flagsHigh fees

How to read this page

Total assets (EOY)

$860K

+21.9% from 2022

Total participants

+23.1% from 2022

Average account balance

$57,362

+5.6% from 2022

Annual return

17.70%

+34.87 pp from 2022

Benchmarks

See 22,174 peers

Peer group

Industry44 - Retail Trade

Plan typeDefined contribution

Participants<25

Cohort22,174 peers

Snapshot2023

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

Analytics

Total assets (EOY)

Plan-year ending balance

$1.24M

Not enough data

1 years with asset history on file

Average account balance

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

$83K

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.

187.5%

Not enough data

1 years with eligibility data

Contributions (total)

Employer and participant dollars contributed each year

$69K

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

+19.28%

Not enough data

1 years with return on file

Admin fee / account holder

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

$2524

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 codes2E2F2G2J3D

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.
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

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

$46K

$4550 / participant

Other / not subdivided$46K100.0%

% of EOY assets

5.289%

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

$57,362

$102,635-44.1%

$86,209-33.5%

$139,456-58.9%

Participation rate

90.0%

74.5%+15.5pp

69.0%+21.0pp

80.3%+9.7pp

Annual return

17.70%

1923.53%-1905.8pp

1169.05%-1151.4pp

373.45%-355.7pp

Employer contribution / active EE

$2,220

$3,034-26.8%

$2,381-6.8%

$4,753-53.3%

Participant deferral / active EE

$4,380

$4,677-6.4%

$3,986+9.9%

$6,711-34.7%

Admin fee / account holder

$3,034

$8,661-65.0%

$6,853-55.7%

$11,407-73.4%

BRENNAN'S CELLARS, LLC RETIREMENT SAVINGS PLAN

Summary metrics

Benchmarksi

Analytics

Service providersi

Plan features & details

Opportunity flagsi

Expense breakdowni

Audit opinioni

BRENNAN'S CELLARS, LLC RETIREMENT SAVINGS 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