Retirement plan

EMPLOYEE BENEFIT PLAN OF BROWN S ELECTRICAL SUPPLY CO., INC.

Name: BROWN'S ELECTRICAL SUPPLY CO., - EMPLOYEE BENEFIT PLAN OF BROWN S ELECTRICAL SUPPLY CO., INC. (2022) Form 5500
Creator: BROWN'S ELECTRICAL SUPPLY CO.,
License: https://www.dol.gov/general/disclaim
Keywords: Form 5500, ERISA, retirement plan, EMPLOYEE BENEFIT PLAN OF BROWN S ELECTRICAL SUPPLY CO., INC., BROWN'S ELECTRICAL SUPPLY CO.,

BROWN'S ELECTRICAL SUPPLY CO.,EIN 92-0074068Plan #001PY 2022

1415 SPAR AVE - ANCHORAGE, AK 995011810907-272-2259

Prospect flagsHigh fees

How to read this page

Total assets (EOY)

$3.4M

-17.4% from 2021

Total participants

+1.9% from 2021

Average account balance

$63,446

-17.4% from 2021

Annual return

-14.74%

-31.51 pp from 2021

Benchmarks

See 23,480 peers

Peer group

Industry42 - Wholesale Trade

Plan typeDefined contribution

Participants<25

Cohort23,480 peers

Snapshot2022

See peer percentile detail. $4.99 for your first month.

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Analytics

Total assets (EOY)

Plan-year ending balance

$4.07M

Not enough data

1 years with asset history on file

Average account balance

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

$85K

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.

208.7%

Not enough data

1 years with eligibility data

Contributions (total)

Employer and participant dollars contributed each year

$132K

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

+11.43%

Not enough data

1 years with return on file

Admin fee / account holder

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

$10899

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

See the 10-year trajectory. $4.99 for your first month.

Solo adds 10-year history, peer benchmarks, provider and welfare analytics, saves, and exports. Then $34.99 a month.

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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 codes2F2G2S2T3D

Plan features

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.
2S
Automatic enrollment
Plan provides for automatic enrollment in plan that has elective contributions deducted from payroll.
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

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

$248K

$10782 / participant

Other / not subdivided$248K100.0%

% of EOY assets

7.238%

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: -

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Metric

This plan

Peer set

Industry

Size

Avg account balance

$63,446

$142,344-55.4%

$119,609-47.0%

$134,475-52.8%

Participation rate

95.7%

82.8%+12.8pp

79.3%+16.4pp

81.2%+14.4pp

Annual return

-14.74%

-12.44%-2.3pp

-14.97%+0.2pp

417.96%-432.7pp

Employer contribution / active EE

$2,101

$5,222-59.8%

$4,232-50.4%

$4,740-55.7%

Participant deferral / active EE

$3,884

$6,469-40.0%

$5,602-30.7%

$6,400-39.3%

Admin fee / account holder

$4,593

$13,584-66.2%

$10,323-55.5%

$11,426-59.8%

EMPLOYEE BENEFIT PLAN OF BROWN S ELECTRICAL SUPPLY CO., INC.

Summary metrics

Benchmarksi

Analytics

Service providersi

Plan features & details

Opportunity flagsi

Expense breakdowni

Audit opinioni

EMPLOYEE BENEFIT PLAN OF BROWN S ELECTRICAL SUPPLY CO., INC.

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