Retirement plan

THE BODYCOTE INTERNATIONAL, INC. RETIREMENT PLAN

Name: BODYCOTE IMT, INC. - THE BODYCOTE INTERNATIONAL, INC. RETIREMENT PLAN (2021) Form 5500
Creator: BODYCOTE IMT, INC.
License: https://www.dol.gov/general/disclaim
Keywords: Form 5500, ERISA, retirement plan, THE BODYCOTE INTERNATIONAL, INC. RETIREMENT PLAN, BODYCOTE IMT, INC.

BODYCOTE IMT, INC.EIN 04-2438005Plan #001PY 2021

12750 MERIT DRIVE, SUITE 1400 - DALLAS, TX 75251214-904-2420

Prospect flagsLow returns

How to read this page

Total assets (EOY)

$144.5M

+7.4% from 2020

Total participants

2,122

+1.4% from 2020

Average account balance

$70,883

+7.5% from 2020

Annual return

12.86%

-2.94 pp from 2020

Benchmarks

See 773 peers

Peer group

Industry33 - Manufacturing

Plan typeDefined contribution

Participants1,000-4,999

Cohort773 peers

Snapshot2021

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

Analytics

Total assets (EOY)

Plan-year ending balance

$140.10M

Not enough data

1 years with asset history on file

Average account balance

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

$72K

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.

1,936

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.

95.3%

Not enough data

1 years with eligibility data

Contributions (total)

Employer and participant dollars contributed each year

$9.60M

Not enough data

1 years with contributions on file

Contributions per participant

Average employer and participant contribution per enrolled participant

$9K

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

+12.88%

Not enough data

1 years with return on file

Admin fee / account holder

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

$160

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

1 years with F_SCH_H allocation on file

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Service providers

Top 6 by compensation

Provider	Service type	Compensation
TRANSAMERICA RETIREMENT SOLUTIONS5 years Service code 12 · EIN 13-3689044	Sales loads (front end and deferred);...	$251,989
FINANCIAL ENGINES2 years Filed as: EDELMAN FINANCIAL ENGINES LLC Service code 26 · EIN 94-3250323	Advisory (Participants)	$20,270
MERCER3 years Filed as: MERCER INVESTMENT MANAGEMENT INC Service code 26 · EIN 30-0282430	Advisory (Participants)	$17,000
BKD, LLP7+ years Service code 10 · EIN 44-0160260	Accounting	$15,850
MID ATLANTIC CAPITAL CORPORATION5 years Service code 33 · EIN 25-1409618	Securities brokerage; Securities brok...	$0
NATIONAL FINANCIAL SERVICES5 years Service code 33 · EIN 04-3523567	Securities brokerage commissions and ...	$0

Plan features & details

Pension benefit codes2E2F2G2J2K2S2T3H

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.
2K
Code section 401(m) arrangement
Employee contributions are allocated to separate accounts under the plan or employer contributions are based in whole or in part on employee deferrals or contributions to the plan. Not applicable to 401(k) plans with only QNECs and/or QMACs or to 403(b)(1) 403(b)(7) or 408 arrangements.
2S
Automatic enrollment
Plan provides for automatic enrollment in plan that has elective contributions deducted from payroll.
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.
3H
Controlled group member
Plan sponsor(s) is (are) a member(s) of a controlled group (Code sections 414(b) (c) or (m)).

Opportunity flags

1 tripped

OpportunityLow returns
Annual investment return is in the bottom quintile of the peer cohort.

Expense breakdown

Schedule H Part II

Admin total

$306K

$268 / participant

Investment mgmt$38K12.4%
Other / not subdivided$268K87.6%

% of EOY assets

0.212%

all-in expense ratio

Categories reported

1 / 9

subdivided buckets used

Audit opinion

Schedule H Part III

Unqualified opinion

Auditor signed off without reservation - the cleanest possible opinion.

Auditor firm: FORVIS LLP
Auditor EIN: 440160260
Audit fees: (not subdivided)
Opinion code: Unqualified

Metric

This plan

Peer set

Industry

Size

Avg account balance

$70,883

$144,879-51.1%

$111,308-36.3%

$93,010-23.8%

Participation rate

92.7%

86.1%+6.6pp

77.3%+15.4pp

73.9%+18.8pp

Annual return

12.86%

18.11%-5.2pp

54.67%-41.8pp

158.70%-145.8pp

Employer contribution / active EE

$2,859

$3,052-6.3%

$2,732+4.7%

$2,705+5.7%

Participant deferral / active EE

$4,537

$5,576-18.6%

$4,487+1.1%

$4,561-0.5%

Admin fee / account holder

$150

$104+44.9%

$7,965-98.1%

$152-1.1%

Provider

Service type

Compensation

TRANSAMERICA RETIREMENT SOLUTIONS5 years

Service code 12 · EIN 13-3689044

Sales loads (front end and deferred);...

$251,989

FINANCIAL ENGINES2 years

Filed as: EDELMAN FINANCIAL ENGINES LLC

Service code 26 · EIN 94-3250323

Advisory (Participants)

$20,270

MERCER3 years

Filed as: MERCER INVESTMENT MANAGEMENT INC

Service code 26 · EIN 30-0282430

Advisory (Participants)

$17,000

BKD, LLP7+ years

Service code 10 · EIN 44-0160260

Accounting

$15,850

MID ATLANTIC CAPITAL CORPORATION5 years

Service code 33 · EIN 25-1409618

Securities brokerage; Securities brok...

NATIONAL FINANCIAL SERVICES5 years

Service code 33 · EIN 04-3523567

Securities brokerage commissions and ...

THE BODYCOTE INTERNATIONAL, INC. RETIREMENT PLAN

Summary metrics

Benchmarksi

Analytics

Service providersi

Plan features & details

Opportunity flagsi

Expense breakdowni

Audit opinioni

THE BODYCOTE INTERNATIONAL, INC. RETIREMENT 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