Back to filter
Original filing (PDF)20260317130735NAL0002209857001
BRUMIT RESTAURANT GROUP, LLC
Form 5500
FILING_RECEIVED
BRG 401(K) PLAN
401(k) retirement plan
Signals · 2
28% in single holding~188 bps in Sched C fees
Active participants
538
Accounts w/ balance
137
Plan assets (EOY)
$1.9M
Net assets (EOY)
$1.9M
How this plan invests
This plan
2 pooled trusts
Schedule D
20 securities
funds · stocks · CUSIPs
Holdings are itemized directly on this plan's Schedule of Assets, below.
Plan health score (directional)
83
/ 100
Grade B
Above-average plan
Directional indicator computed from public Form 5500 data — compliance, concentration, cost, vendor stack and participation. Not a fiduciary tool.
Compliance & disclosures
100
Concentration risk
86
Total plan cost
65
Vendor stack
100
Participation health
65
Knocking points off
- Top holding "VAN TARGET RETIRE 2030" is 28% of plan.
- 188 bps in Schedule C fees — 262% above peer band of 52 bps.
- Only 25% as many balances as active participants — suggests many active employees aren't deferring.
Decision-maker contacts
CFO / Head of HR / Benefits Manager — verified email + LinkedIn for BRUMIT RESTAURANT GROUP, LLC.
Plan sponsor
Name
BRUMIT RESTAURANT GROUP, LLC
EIN
27-0425615
Address
40 SEMINOLE STREET · ASHEVILLE, NC · 28803
Phone
(828) 274-5835
Industry
Accommodation & Food Servicessee all
Plan administrator
Same as plan sponsor.
Plan characteristics
Plan number
001
Plan year
2024
Plan year begin
2024-10-01
Tax period
2025-09-30
Filed
2026-03-17
Pension benefit codes
2E · Profit-sharing
2F · ERISA section 404(c)
2G · Total participant-directed accounts
2J · 401(k) feature
2K · 401(m) arrangement
2S · Automatic enrollment
2T · Default investment account (QDIA)
3D · Pre-approved plan (master / prototype / VS)
Audit & trust (Schedule H)
Auditor
CLIFTONLARSONALLEN LLP
Trustee / custodian
—
Trustee phone
—
Service providers (Schedule C)
4 rowsRecordkeeper
2Other
2| Name | EIN | Location | Relation | Direct comp | Indirect comp |
|---|---|---|---|---|---|
| COLTON GROOME FINANCIAL ADVISORS, L | 36-4540515 | — | INVESTMENT/FINANCIAL ADVI | $12K | — |
| COLTON GROOME FINANCIAL ADVISORS, L | 36-4540515 | — | INVESTMENT/FINANCIAL ADVI | $12K | — |
Investments
19 direct securities · 2 pooled funds· $1.9M(99% of reported assets)
Rows tagged as a trust or pooled fund hold many underlying securities. Click one to drill into its own Schedule of Assets — where the individual funds, shares, and CUSIPs live.
Registered Investment Companies
$1.8M
19 holdings
Common Collective Trust
$27K
2 holdings
| PI | Investment | Type | Shares / units | Cost | Current value | % of plan |
|---|---|---|---|---|---|---|
| VAN TARGET RETIRE 2030 | Registered Investment Companies | — | — | $529K | 28.0% | |
| VAN TARGET RETIRE 2055 | Registered Investment Companies | — | — | $235K | 12.4% | |
| VAN TARGET RETIRE 2040 | Registered Investment Companies | — | — | $205K | 10.8% | |
| VANGUARD GROWTH INDEX FUND ADM | Registered Investment Companies | — | — | $134K | 7.1% | |
| VAN TARGET RETIRE 2045 | Registered Investment Companies | — | — | $106K | 5.6% | |
| VAN TARGET RETIRE 2025 | Registered Investment Companies | — | — | $106K | 5.6% | |
| VAN TARGET RETIRE 2050 | Registered Investment Companies | — | — | $93K | 4.9% | |
| VAN TARGET RETIRE 2035 | Registered Investment Companies | — | — | $87K | 4.6% | |
| VANGUARD SMALL CAP INDEX ADMRL | Registered Investment Companies | — | — | $73K | 3.9% | |
| VAN TARG RETIRE 2065 | Registered Investment Companies | — | — | $65K | 3.5% | |
| VAN TARG RETIRE 2060 | Registered Investment Companies | — | — | $63K | 3.4% | |
| AMF CONS GRTH INC PORT R6 315 REGISTERED INVESTMENT COMPANY VAN TARGET RETIRE 2020 | Registered Investment Companies | — | — | $38K | 2.0% | |
| VANGUARD 500 INDEX FUND - ADM | Registered Investment Companies | — | — | $33K | 1.7% | |
| VANGUARD DEV MKT INDEX ADMIRAL | Registered Investment Companies | — | — | $32K | 1.7% | |
| VANGUARD VALUE INDEX FUND ADMR | Registered Investment Companies | — | — | $15K | 0.8% | |
| INVESCO STABLE ASSET - ADPZ INVESCO TRUST COMPANY · EIN 27-3884161 / PN 001 | Common Collective Trust | — | — | $14K | 0.7% | |
| INVESCO STABLE ASSET - ADPZ INVESCO TRUST COMPANY · EIN 27-3884161 / PN 001 | Common Collective Trust | — | — | $14K | 0.7% | |
| AMF GROWTH AND INCOME PORT R6 | Registered Investment Companies | — | — | $10K | 0.5% | |
| VANGUARD INTERMEDIATE TERM BON | Registered Investment Companies | — | — | $9K | 0.5% | |
| VANGUARD EXT MKT IDX - ADMIRAL | Registered Investment Companies | — | — | $7K | 0.4% | |
| VAN TARGET RETIRE INC | Registered Investment Companies | — | — | $7K | 0.4% |
Related plans
Other plans using COLTON GROOME FINANCIAL ADVISORS, L
MOUNTAIN AREA HEALTH EDUCATION CENTER, INC.
MOUNTAIN AREA HEALTH EDUCATION CENTER, INC. RETIREMENT PLAN
$73.8M · 1,092 participants
M.B. HAYNES CORPORATION
M.B. HAYNES 401(K) PLAN
$37.7M · 586 participants
HAYWOOD VOCATIONAL OPPORTUNITIES, INC.
HAYWOOD VOCATIONAL OPPORTUNITIES, INC. RETIREMENT PLAN
$7.5M · 276 participants
ELIADA HOMES, INC.
ELIADA HOMES, INC. RETIREMENT PLAN
$2.5M · 216 participants
Similar-size Accommodation & Food Services plans
PEOPLE PROMISES, LLC
PEOPLE PROMISES, LLC 401(K) PLAN
$1.9M · 39 participants
WELLFLEET HARBOR SEAFOOD COMPANY, INC.
WELLFLEET HARBOR SEAFOOD COMPANY, INC. 401K PLAN
$1.9M · 119 participants
LAUREL ADMINISTRATIVE SERVICES, INC.
LAUREL ADMINISTRATIVE SERVICES, INC. 401(K) PLAN
$1.9M · 262 participants
COLES CHOP HOUSE
COLES CHOP HOUSE 401K PROFIT SHARING PLAN
$1.9M · 41 participants
NIC LIZ ENTERPRISES, LLC
JOHN N HASKOS PROFIT SHARING PLAN
$1.9M · 67 participants
ZD CAJUN TURKEY INC.
ZD CAJUN TURKEY INC. CASH BALANCE PLAN
$1.9M · 46 participants
Large plans in North Carolina
BANK OF AMERICA CORPORATION
THE BANK OF AMERICA 401(K) PLAN
$62.9B · 168,229 participants
HONEYWELL INTERNATIONAL INC EMPLOYEE SERVICES FINANCE MGMNT
HONEYWELL INTERNATIONAL INC. MASTER RETIREMENT TRUST
$17.9B
HONEYWELL INTERNATIONAL INC.
HONEYWELL RETIREMENT EARNINGS PLAN
$16.6B · 9,275 participants
HONEYWELL INTERNATIONAL INC
HONEYWELL 401(K) PLAN
$16.3B · 44,069 participants
HONEYWELL INTERNATIONAL INC
HONEYWELL SAVINGS AND OWNERSHIP PLAN MASTER TRUST
$16.2B
TRUIST FINANCIAL CORPORATION
TRUIST FINANCIAL CORPORATION PENSION PLAN
$14.7B · 33,167 participants