Retirement plan

BERG HILL GREENLEAF & RUSCITTI LLP PROFIT SHARING PLAN

Name: BERG HILL GREENLEAF & RUSCITTI LLP - BERG HILL GREENLEAF & RUSCITTI LLP PROFIT SHARING PLAN (2024) Form 5500
Creator: BERG HILL GREENLEAF & RUSCITTI LLP
License: https://www.dol.gov/general/disclaim
Keywords: Form 5500, ERISA, retirement plan, BERG HILL GREENLEAF & RUSCITTI LLP PROFIT SHARING PLAN, BERG HILL GREENLEAF & RUSCITTI LLP

BERG HILL GREENLEAF & RUSCITTI LLPEIN 84-1605707Plan #001PY 2024

1712 PEARL STREET - BOULDER, CO 80302303-402-1600bhgrlaw.comLinkedIn51-200 employeeslegal services

Prospect flagsHigh cashFailed to transmit contributions

How to read this page

Total assets (EOY)

$16.7M

+24.5% from 2023

Total participants

137

+10.5% from 2023

Average account balance

$122,167

+12.7% from 2023

Annual return

12.98%

-2.29 pp from 2023

Benchmarks

See 6,285 peers

Peer group

Industry54 - Professional, Scientific, and Technical Services

Plan typeDefined contribution

Participants100-249

Cohort6,285 peers

Snapshot2024

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

Analytics

Total assets (EOY)

Plan-year ending balance

$16.74M

Not enough data

1 years with asset history on file

Average account balance

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

$122K

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.

137

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

$1.77M

Not enough data

1 years with contributions on file

Contributions per participant

Average employer and participant contribution per enrolled participant

$16K

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

+12.98%

Not enough data

1 years with return on file

Admin fee / account holder

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

$193

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
BOKF, NA2 years Service code 19 · EIN 73-0780382 P.O. BOX 880 · TULSA, OK 74101	Securities Custodian	$20,966
BSW WEALTH PARTNERS, INC.1 year Filed as: BSW WEALTH PARTNERS Service code 26 · EIN 84-1447359 2336 PEARL STREET · BOULDER, CO 80303	Advisory (Participants)	$5,451

Plan features & details

Pension benefit codes2E2J3B3D2F2G2R

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.
3B
Plan covering self-employed individuals
Plan covering self-employed individuals.
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

OpportunityHigh cash
More than 10% of assets are held in cash - possible menu-design or default-fund problem.
ComplianceFailed to transmit contributions
Form 5500 reported a failure to timely transmit participant contributions (Schedule H line 4a).

Expense breakdown

Schedule H Part II

Admin total

$26K

$242 / participant

Recordkeeping$15K58.7%
Trustee / custodial$5K20.1%
Investment mgmt$5K20.6%
Other / not subdivided$1590.6%

% of EOY assets

0.158%

all-in expense ratio

Categories reported

3 / 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: (not subdivided)
Opinion code: Unqualified

Metric

This plan

Peer set

Industry

Size

Avg account balance

$122,167

$101,591+20.3%

$147,096-16.9%

$74,429+64.1%

Participation rate

100.0%

75.5%+24.5pp

82.2%+17.8pp

67.2%+32.8pp

Annual return

12.98%

8746.45%-8733.5pp

419.75%-406.8pp

1368.38%-1355.4pp

Employer contribution / active EE

$5,586

$3,813+46.5%

$4,936+13.2%

$2,625+112.8%

Participant deferral / active EE

$10,625

$7,302+45.5%

$8,071+31.6%

$4,348+144.3%

Admin fee / account holder

$193

$1,750-89.0%

$13,005-98.5%

$1,944-90.1%

Provider

Service type

Compensation

BOKF, NA2 years

Service code 19 · EIN 73-0780382

P.O. BOX 880 · TULSA, OK 74101

Securities Custodian

$20,966

BSW WEALTH PARTNERS, INC.1 year

Filed as: BSW WEALTH PARTNERS

Service code 26 · EIN 84-1447359

2336 PEARL STREET · BOULDER, CO 80303

Advisory (Participants)

$5,451

BERG HILL GREENLEAF & RUSCITTI LLP PROFIT SHARING PLAN

Summary metrics

Benchmarksi

Analytics

Service providersi

Plan features & details

Opportunity flagsi

Expense breakdowni

Audit opinioni

BERG HILL GREENLEAF & RUSCITTI LLP PROFIT SHARING 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