Retirement plan

BAYBERRY & CO. 401(K) PLAN

Name: BASH BISH DESIGN GROUP LLC DBA BAYBERRY & CO. - BAYBERRY & CO. 401(K) PLAN (2022) Form 5500
Creator: BASH BISH DESIGN GROUP LLC DBA BAYBERRY & CO.
License: https://www.dol.gov/general/disclaim
Keywords: Form 5500, ERISA, retirement plan, BAYBERRY & CO. 401(K) PLAN, BASH BISH DESIGN GROUP LLC DBA BAYBERRY & CO.

BASH BISH DESIGN GROUP LLC DBA BAYBERRY & CO.EIN 84-2348044Plan #001PY 2022

40 TIMBER SWAMP RD. - HAMPTON, NH 03842603-929-1811

Prospect flagsLow returnsLow participation

How to read this page

Total assets (EOY)

$278K

-6.4% from 2021

Total participants

+23.1% from 2021

Average account balance

$69,425

-6.4% from 2021

Annual return

-23.61%

-42.61 pp from 2021

Benchmarks

See 17,020 peers

Peer group

Industry56 - Administrative and Support and Waste Management and Remediation Services

Plan typeDefined contribution

Participants<25

Cohort17,020 peers

Snapshot2022

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

Analytics

Total assets (EOY)

Plan-year ending balance

$533K

Not enough data

1 years with asset history on file

Average account balance

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

$107K

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.

26.3%

Not enough data

1 years with eligibility data

Contributions (total)

Employer and participant dollars contributed each year

$47K

Not enough data

1 years with contributions on file

Contributions per participant

Average employer and participant contribution per enrolled participant

$2K

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

+19.91%

Not enough data

1 years with return on file

Admin fee / account holder

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

$20

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 codes2E2J2F2G3D3B

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.
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

OpportunityLow participation
Participation rate is below 70% (account-balance holders / active employees) - enrollment or auto-enroll opportunity.
OpportunityLow returns
Annual investment return 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

$69,425

$93,124-25.4%

$77,100-10.0%

$134,545-48.4%

Participation rate

25.0%

74.5%-49.5pp

67.9%-42.9pp

81.2%-56.2pp

Annual return

-23.61%

62.68%-86.3pp

42.35%-66.0pp

418.37%-442.0pp

Employer contribution / active EE

$1,155

$3,421-66.3%

$2,815-59.0%

$4,742-75.7%

Participant deferral / active EE

$2,031

$5,242-61.2%

$4,430-54.1%

$6,401-68.3%

Admin fee / account holder

$6,970-100.0%

$5,443-100.0%

$11,431-100.0%

BAYBERRY & CO. 401(K) PLAN

Summary metrics

Benchmarksi

Analytics

Service providersi

Plan features & details

Opportunity flagsi

Audit opinioni

BAYBERRY & CO. 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