Retirement plan

S BRAVO SYSTEMS INC. 401(K) PROFIT SHARING PLAN AND TRUST

Name: S BRAVO SYSTEMS INC. - S BRAVO SYSTEMS INC. 401(K) PROFIT SHARING PLAN AND TRUST (2019) Form 5500
Creator: S BRAVO SYSTEMS INC.
License: https://www.dol.gov/general/disclaim
Keywords: Form 5500, ERISA, retirement plan, S BRAVO SYSTEMS INC. 401(K) PROFIT SHARING PLAN AND TRUST, S BRAVO SYSTEMS INC.

S BRAVO SYSTEMS INC.EIN 95-4090019Plan #002PY 2019

2929 VAIL AVENUE - COMMERCE, CA 900402615323-888-4133sbravo.comLinkedIn201-500 employeesoil & energy

Prospect flagsLow assets / participantLow employer contribution

How to read this page

Total assets (EOY)

$1.3M

+23.6% from 2018

Total participants

116

-19.4% from 2018

Average account balance

$14,589

+39.2% from 2018

Annual return

18.52%

+28.01 pp from 2018

Benchmarks

See 1,705 peers

Peer group

Industry81 - Other Services (except Public Administration)

Plan typeDefined contribution

Participants100-249

Cohort1,705 peers

Snapshot2019

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

Analytics

Total assets (EOY)

Plan-year ending balance

$2.45M

Not enough data

1 years with asset history on file

Average account balance

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

$34K

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.

112.5%

Not enough data

1 years with eligibility data

Contributions (total)

Employer and participant dollars contributed each year

$242K

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

+10.43%

Not enough data

1 years with return on file

Admin fee / account holder

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

$2471

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
QBI, LLC2 years Service code 13 21031 VENTURA BLVD., 12TH FLOOR · WOODLAND HILLS, CA 91364	Contract Administrator	$1,650
JOHN HANCOCK LIFE INSURANCE COMPANY3 years Service code 15 · EIN 01-0233346	Recordkeeping	$411

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 employer contribution
Employer contribution per participant is in the bottom quintile of the peer cohort.
OpportunityLow assets / participant
Assets per participant are in the bottom quintile of the peer cohort - savings-rate / match opportunity.

Expense breakdown

Schedule H Part II

Admin total

$11K

$103 / participant

Contract admin$11K95.9%
Other / not subdivided$4534.1%

% of EOY assets

0.881%

all-in expense ratio

Categories reported

1 / 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: SKEEHAN & COMPANY
Auditor EIN: 954023565
Audit fees: (not subdivided)
Opinion code: Disclaimer

Metric

This plan

Peer set

Industry

Size

Avg account balance

$14,589

$51,620-71.7%

$90,324-83.8%

$65,186-77.6%

Participation rate

73.4%

68.6%+4.8pp

73.3%+0.1pp

70.2%+3.2pp

Annual return

18.52%

24.94%-6.4pp

78.15%-59.6pp

29.39%-10.9pp

Employer contribution / active EE

$43

$2,235-98.1%

$2,856-98.5%

$2,177-98.0%

Participant deferral / active EE

$1,625

$2,871-43.4%

$3,885-58.2%

$3,514-53.7%

Admin fee / account holder

$128

$384-66.6%

$5,356-97.6%

$847-84.8%

Provider

Service type

Compensation

QBI, LLC2 years

Service code 13

21031 VENTURA BLVD., 12TH FLOOR · WOODLAND HILLS, CA 91364

Contract Administrator

$1,650

JOHN HANCOCK LIFE INSURANCE COMPANY3 years

Service code 15 · EIN 01-0233346

Recordkeeping

$411

S BRAVO SYSTEMS INC. 401(K) PROFIT SHARING PLAN AND TRUST

Summary metrics

Benchmarksi

Analytics

Service providersi

Plan features & details

Opportunity flagsi

Expense breakdowni

Audit opinioni

S BRAVO SYSTEMS INC. 401(K) PROFIT SHARING PLAN AND TRUST

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