Plan5500

Brg 401(K) Plan — Form 5500 plan (Brumit Restaurant Group, LLC)

Plain-English plan summary

According to public Form 5500 filings published through the U.S. Department of Labor (DOL) Employee Benefits Security Administration (EBSA) via the EFAST2 system, Brg 401(K) Plan is a benefit plan reported by Brumit Restaurant Group, LLC under EIN 27-0425615 and plan number 001. The latest loaded filing year is 2023. The filing reports 508 participants and $1,523,807 in end-of-year plan assets, where available in the loaded dataset.

Form 5500 plan profile · 2023

Key reported metrics

Net assets (EOY)$1.5MPlan net assets, end of year$1,523,807
Participants508Covered participants reported
Assets / participant$3KComputed: assets ÷ participants$3,000 (computed)
Provider compensation$15.4K2 Schedule C provider row(s)$15,384
Plan sponsor
Brumit Restaurant Group, LLC
EIN
27-0425615
Plan number
001
Plan type
2
Location
Asheville, NC
Latest filing year
2023
EFAST2 filings

Form 5500 filing history

Each loaded annual filing for this plan. Open one for its full reported snapshot.

  1. 2023
    508 participants · 2Sch HSch C
    View filing →
Schedule H · 2023

Reported financial statement

Reported figures as filed, in whole dollars. Only fields the filing reports are shown; others are marked not reported.

Reported balance (end of year)$1.5M total assets
Net assets$1.5MLiabilities$0
Money in vs. money out
Total income / additions$608.3K
Total expenses$342.9K
Benefits paid / distributions$326.5K
Contributions
Employer$64.6K
Participant$218.3K
Full reported line items

Net assets

Total assets (EOY)
$1,523,807
Total liabilities (EOY)
$0
Net assets (EOY)
$1,523,807
Net assets (BOY)
$1,258,469

Income & contributions

Employer contributions
$64,634
Participant contributions
$218,350
Total contributions
$302,195
Total income / additions
$608,267

Expenses & distributions

Benefits paid
$326,481
Administrative expenses
$15,384
Total expenses
$342,929
Net increase / (decrease)
$265,338
Computed from reported fields

Reported ratios

Derived only from this plan's own reported figures — comparisons within the filing, not benchmarks, estimates, or national averages.

Contribution share (employer vs. participant)
Employer 23%Participant 77%
Total expenses ÷ net assets23%Computed ratio
Benefits paid ÷ total income54%Computed ratio
Provider comp. ÷ net assets1%Computed ratio
Schedule C

Service provider compensation

Reported direct + indirect compensation per provider, ranked. Bars show relative scale.

  1. 1
    Colton Groome Financial Advisors, L$10.3K
    INVESTMENT/FINANCIAL ADVI · Direct $10.3K · Indirect $0
  2. 2
    Adp, Inc.$5K
    RECORD KEEPER · Direct $5K · Indirect $0

Related Form 5500 pages