Retirement plan

BOTELLO LUMBER CO. , INC. 401K PROFIT SHARING PLAN

Name: BOTELLO LUMBER CO. , INC. - BOTELLO LUMBER CO. , INC. 401K PROFIT SHARING PLAN (2017) Form 5500
Creator: BOTELLO LUMBER CO. , INC.
License: https://www.dol.gov/general/disclaim
Keywords: Form 5500, ERISA, retirement plan, BOTELLO LUMBER CO. , INC. 401K PROFIT SHARING PLAN, BOTELLO LUMBER CO. , INC.

BOTELLO LUMBER CO. , INC.EIN 04-2690093Plan #002PY 2017

26 BOWDOIN RD - MASHPEE, MA 02649800-834-3132botellolumber.comLinkedIn51-200 employeesbuilding materials

Prospect flagsLow participationLow fidelity bond

How to read this page

Total assets (EOY)

$2.5M

+20.2% from 2016

Total participants

-2.0% from 2016

Average account balance

$44,469

+18.1% from 2016

Annual return

15.79%

+9.84 pp from 2016

Benchmarks

See 9,369 peers

Peer group

Industry44 - Retail Trade

Plan typeDefined contribution

Participants25-99

Cohort9,369 peers

Snapshot2017

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

Analytics

Total assets (EOY)

Plan-year ending balance

$4.02M

Not enough data

1 years with asset history on file

Average account balance

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

$77K

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.

70.3%

Not enough data

1 years with eligibility data

Contributions (total)

Employer and participant dollars contributed each year

$185K

Not enough data

1 years with contributions on file

Contributions per participant

Average employer and participant contribution per enrolled participant

$3K

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

+14.34%

Not enough data

1 years with return on file

Admin fee / account holder

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

$2507

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

Providers data not reported

Schedule C was not filed on this plan's most recent Form 5500, so no compensated service providers are available to display.

Plan features & details

Pension benefit codes2E2F2G2J3D

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.
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.
ComplianceLow fidelity bond
Fidelity bond coverage is below the ERISA section 412 10%-of-assets minimum (capped at $500,000).

Expense breakdown

Schedule H Part II

Admin total

$11K

$137 / participant

Other / not subdivided$11K100.0%

% of EOY assets

0.424%

all-in expense ratio

Categories reported

0 / 9

subdivided buckets used

Audit opinion

Schedule H Part III

No opinion code on file for this filing.

Auditor firm: (not reported)
Auditor EIN: -
Audit fees: (not subdivided)
Opinion code: -

Metric

This plan

Peer set

Industry

Size

Avg account balance

$44,469

$54,541-18.5%

$78,778-43.6%

$70,126-36.6%

Participation rate

44.2%

60.8%-16.6pp

69.2%-25.0pp

69.5%-25.4pp

Annual return

15.79%

21.07%-5.3pp

35.62%-19.8pp

73.15%-57.4pp

Employer contribution / active EE

$313

$1,089-71.3%

$1,986-84.3%

$2,343-86.7%

Participant deferral / active EE

$1,019

$2,210-53.9%

$2,958-65.6%

$3,332-69.4%

Admin fee / account holder

$189

$3,709-94.9%

$5,134-96.3%

$4,645-95.9%

BOTELLO LUMBER CO. , INC. 401K PROFIT SHARING PLAN

Summary metrics

Benchmarksi

Analytics

Service providersi

Plan features & details

Opportunity flagsi

Expense breakdowni

Audit opinioni

BOTELLO LUMBER CO. , INC. 401K 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