Retirement plan

BIDART BROS. 401(K) PROFIT SHARING PLAN

Name: BIDART BROS. - BIDART BROS. 401(K) PROFIT SHARING PLAN (2018) 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 2018

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

Prospect flagsLow participationFailed to transmit contributions

How to read this page

Total assets (EOY)

$8.8M

-14.8% from 2017

Total participants

268

-6.9% from 2017

Average account balance

$80,484

-0.7% from 2017

Annual return

-1.57%

-16.28 pp from 2017

Benchmarks

See 241 peers

Peer group

Industry11 - Agriculture, Forestry, Fishing and Hunting

Plan typeDefined contribution

Participants250-999

Cohort241 peers

Snapshot2018

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 1 by compensation

Provider	Service type	Compensation
CARLSON QUINN1 year Service code 99 · EIN 94-3210526	Other Fees	$7,088

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.
ComplianceFailed to transmit contributions
Form 5500 reported a failure to timely transmit participant contributions (Schedule H line 4a).

Expense breakdown

Schedule H Part II

Admin total

$21K

$81 / participant

Other / not subdivided$21K100.0%

% of EOY assets

0.235%

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

$80,484

$107,440-25.1%

$105,736-23.9%

$55,725+44.4%

Participation rate

37.9%

55.5%-17.6pp

76.3%-38.4pp

70.9%-33.0pp

Annual return

-1.57%

-0.59%-1.0pp

6.27%-7.8pp

244.93%-246.5pp

Employer contribution / active EE

$737

$1,448-49.1%

$3,268-77.4%

$2,078-64.5%

Participant deferral / active EE

$1,499

$2,171-31.0%

$4,080-63.3%

$3,356-55.3%

Admin fee / account holder

$189

$283-33.2%

$6,913-97.3%

$115+64.2%

Provider

Service type

Compensation

CARLSON QUINN1 year

Service code 99 · EIN 94-3210526

Other Fees

$7,088

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