Retirement plan

BCCI 401(K) PROFIT SHARING PLAN

Name: BCCI CONSTRUCTION, LLC - BCCI 401(K) PROFIT SHARING PLAN (2024) Form 5500
Creator: BCCI CONSTRUCTION, LLC
License: https://www.dol.gov/general/disclaim
Keywords: Form 5500, ERISA, retirement plan, BCCI 401(K) PROFIT SHARING PLAN, BCCI CONSTRUCTION, LLC

BCCI CONSTRUCTION, LLCEIN 94-3003692Plan #001PY 2024

1160 BATTERY STREET, SUITE 250 - SAN FRANCISCO, CA 94111415-817-5100bcciconst.comLinkedIn201-500 employeesconstruction

Prospect flagsHigh feesCorrective distributions

How to read this page

Total assets (EOY)

$26.1M

-1.7% from 2023

Total participants

179

-8.7% from 2023

Average account balance

$151,017

+6.8% from 2023

Annual return

15.45%

-4.76 pp from 2023

Benchmarks

See 3,445 peers

Peer group

Industry23 - Construction

Plan typeDefined contribution

Participants100-249

Cohort3,445 peers

Snapshot2024

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

Analytics

Total assets (EOY)

Plan-year ending balance

$26.13M

Not enough data

1 years with asset history on file

Average account balance

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

$151K

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.

173

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.

95.4%

Not enough data

1 years with eligibility data

Contributions (total)

Employer and participant dollars contributed each year

$2.07M

Not enough data

1 years with contributions on file

Contributions per participant

Average employer and participant contribution per enrolled participant

$16K

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

+15.45%

Not enough data

1 years with return on file

Admin fee / account holder

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

$346

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 4 by compensation

Provider	Service type	Compensation
CETERA ADVISOR NETWORKS LLC9 years Service code 27 2301 ROSECRANS AVE #5100 · EL SEGUNDO, CA 902455670	Advisory (Plan)	$41,415
GREAT-WEST LIFE & ANNUITY INSURANCE9 years Filed as: EMPOWER RETIREMENT ADVISORY SERVICE Service code 28 8515 EAST ORCHARD ROAD · GREENWOOD VILLAGE, CO 80111	Investment Management	$21,756
CALIFORNIA RETIREMENT PLANS, INC.9 years Filed as: CALIFORNIA RETIREMENT PLANS INC. Service code 13 590 LENNON LANE SUITE 100 · WALNUT CREEK, CA 94598	Contract Administrator	$21,010
GREAT-WEST LIFE & ANNUITY INSURANCE3 years Filed as: EMPOWER LIFE & ANNUITY INSURANCE Service code 64 8515 EAST ORCHARD ROAD · GREENWOOD VILLAGE, CO 80111	Recordkeeping Fees	$0

Plan features & details

Pension benefit codes2E2F2G2J2K3D3H

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.
2K
Code section 401(m) arrangement
Employee contributions are allocated to separate accounts under the plan or employer contributions are based in whole or in part on employee deferrals or contributions to the plan. Not applicable to 401(k) plans with only QNECs and/or QMACs or to 403(b)(1) 403(b)(7) or 408 arrangements.
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

OpportunityHigh fees
Administrative expenses exceed $300 per participant per year - possible fee-review opportunity. (Recordkeeping / audit / legal; excludes investment management.)
ComplianceCorrective distributions
Plan reported corrective distributions (failed ADP/ACP testing).

Expense breakdown

Schedule H Part II

Admin total

$60K

$461 / participant

Investment mgmt$48K80.1%
Other / not subdivided$12K19.9%

% of EOY assets

0.229%

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: GRASSI & CO., CPAS P.C.
Auditor EIN: 113266576
Audit fees: (not subdivided)
Opinion code: Unqualified

Metric

This plan

Peer set

Industry

Size

Avg account balance

$151,017

$80,763+87.0%

$102,412+47.5%

$74,459+102.8%

Participation rate

95.4%

65.7%+29.7pp

74.5%+20.9pp

67.2%+28.2pp

Annual return

15.45%

27.57%-12.1pp

24.94%-9.5pp

1369.70%-1354.3pp

Employer contribution / active EE

$2,667

$3,160-15.6%

$3,870-31.1%

$2,626+1.6%

Participant deferral / active EE

$13,223

$3,862+242.4%

$5,060+161.3%

$4,350+204.0%

Admin fee / account holder

$346

$2,371-85.4%

$8,388-95.9%

$1,945-82.2%

Provider

Service type

Compensation

CETERA ADVISOR NETWORKS LLC9 years

Service code 27

2301 ROSECRANS AVE #5100 · EL SEGUNDO, CA 902455670

Advisory (Plan)

$41,415

GREAT-WEST LIFE & ANNUITY INSURANCE9 years

Filed as: EMPOWER RETIREMENT ADVISORY SERVICE

Service code 28

8515 EAST ORCHARD ROAD · GREENWOOD VILLAGE, CO 80111

Investment Management

$21,756

CALIFORNIA RETIREMENT PLANS, INC.9 years

Filed as: CALIFORNIA RETIREMENT PLANS INC.

Service code 13

590 LENNON LANE SUITE 100 · WALNUT CREEK, CA 94598

Contract Administrator

$21,010

GREAT-WEST LIFE & ANNUITY INSURANCE3 years

Filed as: EMPOWER LIFE & ANNUITY INSURANCE

Service code 64

8515 EAST ORCHARD ROAD · GREENWOOD VILLAGE, CO 80111

Recordkeeping Fees

BCCI 401(K) PROFIT SHARING PLAN

Summary metrics

Benchmarksi

Analytics

Service providersi

Plan features & details

Opportunity flagsi

Expense breakdowni

Audit opinioni

BCCI 401(K) PROFIT SHARING 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