Retirement plan

BIDART BROS. 401(K) PROFIT SHARING PLAN

Name: BIDART BROS. - BIDART BROS. 401(K) PROFIT SHARING PLAN (2016) Form 5500
Creator: BIDART BROS.
License: https://www.dol.gov/general/disclaim
Keywords: Form 5500, ERISA, retirement plan, BIDART BROS. 401(K) PROFIT SHARING PLAN, BIDART BROS.

BIDART BROS.EIN 95-1657546Plan #002PY 2016

4813 CALLOWAY DRIVE - BAKERSFIELD, CA 93312661-410-1400bidartapplerecall.comLinkedIn201-500 employeesfarming

Prospect flagsLow returnsLow participation

How to read this page

Total assets (EOY)

$8.7M

No prior year

Total participants

322

No prior year

Average account balance

$59,793

No prior year

Annual return

4.95%

No prior year

Benchmarks

See 233 peers

Peer group

Industry11 - Agriculture, Forestry, Fishing and Hunting

Plan typeDefined contribution

Participants250-999

Cohort233 peers

Snapshot2016

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

Analytics

Total assets (EOY)

Plan-year ending balance

$9.75M

Not enough data

1 years with asset history on file

Average account balance

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

$98K

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.

100

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.

65.4%

Not enough data

1 years with eligibility data

Contributions (total)

Employer and participant dollars contributed each year

$646K

Not enough data

1 years with contributions on file

Contributions per participant

Average employer and participant contribution per enrolled participant

$4K

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

+9.61%

Not enough data

1 years with return on file

Admin fee / account holder

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

$6127

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

Top 2 by compensation

Provider	Service type	Compensation
CARLSON QUINN1+ years Filed as: CARLSON QUINN AND ASSOCIATES Service code 99 · EIN 94-3210526	Other Fees	$6,972
CARLSON QUINN1+ years Filed as: CARLSON QUINN & ASSOCIATES Service code 99	Other Fees	$4,127

Plan features & details

Pension benefit codes2E2F2G2J2T3D

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.
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

2 tripped

OpportunityLow participation
Participation rate is below 70% (account-balance holders / active employees) - enrollment or auto-enroll opportunity.
OpportunityLow returns
Annual investment return is in the bottom quintile of the peer cohort.

Expense breakdown

Schedule H Part II

Admin total

$12K

$43 / participant

Other / not subdivided$12K100.0%

% of EOY assets

0.141%

all-in expense ratio

Categories reported

0 / 9

subdivided buckets used

Audit opinion

Schedule H Part III

Disclaimer opinion

Auditor declined to express an opinion - usually a 103(a)(3)(C) limited-scope election.

Auditor firm: DANIELLS PHILLIPS VAUGHAN & BOCK
Auditor EIN: 952972229
Audit fees: (not subdivided)
Opinion code: Disclaimer

Metric

This plan

Peer set

Industry

Size

Avg account balance

$59,793

$46,761+27.9%

$106,619-43.9%

$57,658+3.7%

Participation rate

38.0%

56.9%-18.9pp

78.0%-40.0pp

70.2%-32.2pp

Annual return

4.95%

15.77%-10.8pp

9.42%-4.5pp

5.13%-0.2pp

Employer contribution / active EE

$540

$1,274-57.6%

$3,947-86.3%

$1,974-72.6%

Participant deferral / active EE

$1,236

$1,954-36.7%

$3,930-68.5%

$3,061-59.6%

Admin fee / account holder

$84

$97-12.8%

$6,418-98.7%

$95-10.8%

Provider

Service type

Compensation

CARLSON QUINN1+ years

Filed as: CARLSON QUINN AND ASSOCIATES

Service code 99 · EIN 94-3210526

Other Fees

$6,972

CARLSON QUINN1+ years

Filed as: CARLSON QUINN & ASSOCIATES

Service code 99

Other Fees

$4,127

BIDART BROS. 401(K) PROFIT SHARING PLAN

Summary metrics

Benchmarksi

Analytics

Service providersi

Plan features & details

Opportunity flagsi

Expense breakdowni

Audit opinioni

BIDART BROS. 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