Retirement plan

BRIDGE ALTERNATIVE INVESTMENT SOLUTIONS, INC. 401(K) PLAN

Name: BRIDGE ALTERNATIVE INVESTMENT SOLUTIONS, INC. - BRIDGE ALTERNATIVE INVESTMENT SOLUTIONS, INC. 401(K) PLAN (2024) Form 5500
Creator: BRIDGE ALTERNATIVE INVESTMENT SOLUTIONS, INC.
License: https://www.dol.gov/general/disclaim
Keywords: Form 5500, ERISA, retirement plan, BRIDGE ALTERNATIVE INVESTMENT SOLUTIONS, INC. 401(K) PLAN, BRIDGE ALTERNATIVE INVESTMENT SOLUTIONS, INC.

BRIDGE ALTERNATIVE INVESTMENT SOLUTIONS, INC.EIN 87-3690636Plan #001PY 2024

1 MAIN STREET, STE 202 - EVANSVILLE, IN 47708812-454-5354

Prospect flagsHigh fees

How to read this page

Total assets (EOY)

$3.2M

+81.7% from 2023

Total participants

+40.5% from 2023

Average account balance

$65,518

+26.1% from 2023

Annual return

31.53%

-190.56 pp from 2023

Benchmarks

See 7,155 peers

Peer group

Industry52 - Finance and Insurance

Plan typeDefined contribution

Participants25-99

Cohort7,155 peers

Snapshot2024

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

Analytics

Total assets (EOY)

Plan-year ending balance

$3.21M

Not enough data

1 years with asset history on file

Average account balance

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

$66K

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.

100.0%

Not enough data

1 years with eligibility data

Contributions (total)

Employer and participant dollars contributed each year

$964K

Not enough data

1 years with contributions on file

Contributions per participant

Average employer and participant contribution per enrolled participant

$20K

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

+31.53%

Not enough data

1 years with return on file

Admin fee / account holder

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

$1978

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 codes2E2F2G2J3B3D

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

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

$97K

$1978 / participant

Other / not subdivided$97K100.0%

% of EOY assets

3.020%

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

$65,518

$138,385-52.7%

$184,243-64.4%

$80,925-19.0%

Participation rate

93.9%

83.9%+10.0pp

86.8%+7.1pp

67.7%+26.2pp

Annual return

31.53%

20.02%+11.5pp

28.82%+2.7pp

35.65%-4.1pp

Employer contribution / active EE

$6,894

$4,851+42.1%

$6,427+7.3%

$2,756+150.1%

Participant deferral / active EE

$12,774

$7,075+80.5%

$9,132+39.9%

$4,299+197.2%

Admin fee / account holder

$1,978

$10,489-81.1%

$13,914-85.8%

$6,940-71.5%

BRIDGE ALTERNATIVE INVESTMENT SOLUTIONS, INC. 401(K) PLAN

Summary metrics

Benchmarksi

Analytics

Service providersi

Plan features & details

Opportunity flagsi

Expense breakdowni

Audit opinioni

BRIDGE ALTERNATIVE INVESTMENT SOLUTIONS, INC. 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