Retirement plan

BRUSCO TUG AND BARGE, INC. EMPLOYEES RETIREMENT PLAN

Name: BRUSCO TUG AND BARGE, INC. - BRUSCO TUG AND BARGE, INC. EMPLOYEES RETIREMENT PLAN (2021) Form 5500
Creator: BRUSCO TUG AND BARGE, INC.
License: https://www.dol.gov/general/disclaim
Keywords: Form 5500, ERISA, retirement plan, BRUSCO TUG AND BARGE, INC. EMPLOYEES RETIREMENT PLAN, BRUSCO TUG AND BARGE, INC.

BRUSCO TUG AND BARGE, INC.EIN 91-0776668Plan #001PY 2021

PO BOX 1576 - LONGVIEW, WA 986327950360-636-3341bruscotug.comLinkedIn51-200 employeesmaritime

Prospect flagsHigh feesLow participation

How to read this page

Total assets (EOY)

$8.6M

+6.6% from 2020

Total participants

143

0.0% from 2020

Average account balance

$77,486

+4.7% from 2020

Annual return

13.29%

+2.32 pp from 2020

Benchmarks

See 3,885 peers

Peer group

Industry48 - Transportation and Warehousing

Plan typeDefined contribution

Participants25-99

Cohort3,885 peers

Snapshot2021

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

Analytics

Total assets (EOY)

Plan-year ending balance

$8.62M

Not enough data

1 years with asset history on file

Average account balance

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

$92K

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.

50.0%

Not enough data

1 years with eligibility data

Contributions (total)

Employer and participant dollars contributed each year

$633K

Not enough data

1 years with contributions on file

Contributions per participant

Average employer and participant contribution per enrolled participant

$6K

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

+12.95%

Not enough data

1 years with return on file

Admin fee / account holder

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

$548

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 1 by compensation

Provider	Service type	Compensation
AMERICAN REALTY ADVISORS7+ years Filed as: AMERICAN NORTHWEST ADVISORY SERVICE Service code 27 · EIN 91-1998294	Advisory (Plan)	$40,410

Plan features & details

Pension benefit codes2E2F2H2J3D3H

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).
2H
Partial participant-directed account plan
Participants have the opportunity to direct the investment of a portion 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.
3H
Controlled group member
Plan sponsor(s) is (are) a member(s) of a controlled group (Code sections 414(b) (c) or (m)).

Opportunity flags

2 tripped

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

$45K

$518 / participant

Investment mgmt$40K90.7%
Other / not subdivided$4K9.3%

% of EOY assets

0.518%

all-in expense ratio

Categories reported

1 / 9

subdivided buckets used

Audit opinion

Schedule H Part III

Unqualified opinion

Auditor signed off without reservation - the cleanest possible opinion.

Auditor firm: HAGEN, KURTH, PERMAN & CO.
Auditor EIN: 911233794
Audit fees: (not subdivided)
Opinion code: Unqualified

Metric

This plan

Peer set

Industry

Size

Avg account balance

$77,486

$62,592+23.8%

$85,709-9.6%

$85,847-9.7%

Participation rate

62.8%

61.1%+1.7pp

69.9%-7.1pp

69.3%-6.5pp

Annual return

13.29%

23.77%-10.5pp

21.49%-8.2pp

318.61%-305.3pp

Employer contribution / active EE

$1,362

$1,755-22.4%

$2,619-48.0%

$2,565-46.9%

Participant deferral / active EE

$3,957

$2,802+41.2%

$3,924+0.9%

$3,952+0.1%

Admin fee / account holder

$401

$4,643-91.4%

$6,876-94.2%

$6,261-93.6%

Provider

Service type

Compensation

AMERICAN REALTY ADVISORS7+ years

Filed as: AMERICAN NORTHWEST ADVISORY SERVICE

Service code 27 · EIN 91-1998294

Advisory (Plan)

$40,410

BRUSCO TUG AND BARGE, INC. EMPLOYEES RETIREMENT PLAN

Summary metrics

Benchmarksi

Analytics

Service providersi

Plan features & details

Opportunity flagsi

Expense breakdowni

Audit opinioni

BRUSCO TUG AND BARGE, INC. EMPLOYEES RETIREMENT 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