Retirement plan

BERQ US OPERATIONS 401(K) PLAN

Name: BERQ US OPERATIONS, L.L.C. - BERQ US OPERATIONS 401(K) PLAN (2022) Form 5500
Creator: BERQ US OPERATIONS, L.L.C.
License: https://www.dol.gov/general/disclaim
Keywords: Form 5500, ERISA, retirement plan, BERQ US OPERATIONS 401(K) PLAN, BERQ US OPERATIONS, L.L.C.

BERQ US OPERATIONS, L.L.C.EIN 87-1501991Plan #001PY 2022

2400 ANSYS DRIVE, SUITE 102 - CANONSBURG, PA 15317412-656-8863

Prospect flagsNo flags tripped

How to read this page

Total assets (EOY)

$221K

+117.4% from 2021

Total participants

+80.0% from 2021

Average account balance

$27,675

+35.9% from 2021

Annual return

-13.56%

-13.56 pp from 2021

Benchmarks

See 1,621 peers

Peer group

Industry22 - Utilities

Plan typeDefined contribution

Participants<25

Cohort1,621 peers

Snapshot2022

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

Analytics

Total assets (EOY)

Plan-year ending balance

$874K

Not enough data

1 years with asset history on file

Average account balance

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

$36K

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.

68.6%

Not enough data

1 years with eligibility data

Contributions (total)

Employer and participant dollars contributed each year

$393K

Not enough data

1 years with contributions on file

Contributions per participant

Average employer and participant contribution per enrolled participant

$11K

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

+41.56%

Not enough data

1 years with return on file

Admin fee / account holder

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

$15895

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 codes2C2J2T3D

Plan features

2C
Money purchase plan
Money purchase pension plan other than a target benefit plan.
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

0 tripped

No flags tripped for this filing year. This plan looks clean.

Expense breakdown

Schedule H Part II

Admin total

$766

$96 / participant

Other / not subdivided$766100.0%

% of EOY assets

0.346%

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

$27,675

$90,467-69.4%

$93,759-70.5%

$134,509-79.4%

Participation rate

87.5%

82.0%+5.5pp

81.0%+6.5pp

81.2%+6.3pp

Annual return

-13.56%

-15.72%+2.2pp

-11.33%-2.2pp

418.13%-431.7pp

Employer contribution / active EE

$4,141

$4,345-4.7%

$4,324-4.2%

$4,741-12.6%

Participant deferral / active EE

$12,529

$5,980+109.5%

$6,096+105.5%

$6,400+95.7%

Admin fee / account holder

$96

$9,258-99.0%

$7,197-98.7%

$11,427-99.2%

BERQ US OPERATIONS 401(K) PLAN

Summary metrics

Benchmarksi

Analytics

Service providersi

Plan features & details

Opportunity flagsi

Expense breakdowni

Audit opinioni

BERQ US OPERATIONS 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