Retirement plan

BOB JOHNSON ASSOCIATES, INC. 401(K) PLAN

Name: BOB JOHNSON ASSOCIATES, INC. - BOB JOHNSON ASSOCIATES, INC. 401(K) PLAN (2016) Form 5500
Creator: BOB JOHNSON ASSOCIATES, INC.
License: https://www.dol.gov/general/disclaim
Keywords: Form 5500, ERISA, retirement plan, BOB JOHNSON ASSOCIATES, INC. 401(K) PLAN, BOB JOHNSON ASSOCIATES, INC.

BOB JOHNSON ASSOCIATES, INC.EIN 04-3282396Plan #004PY 2016

17 MOORE STREET - LEOMINSTER, MA 01453978-514-9919LinkedIn1-10 employeeselectrical/electronic manufacturing

Other plans on this EIN

1 filing

#003Retirement-$862K assets

Prospect flagsHigh fees

How to read this page

Total assets (EOY)

$781K

No prior year

Total participants

No prior year

Average account balance

$111,564

No prior year

Annual return

2.48%

No prior year

Benchmarks

See 21,241 peers

Peer group

Industry33 - Manufacturing

Plan typeDefined contribution

Participants<25

Cohort21,241 peers

Snapshot2016

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

Analytics

Total assets (EOY)

Plan-year ending balance

$2.76M

Not enough data

1 years with asset history on file

Average account balance

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

$307K

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.

100.0%

Not enough data

1 years with eligibility data

Contributions (total)

Employer and participant dollars contributed each year

$252K

Not enough data

1 years with contributions on file

Contributions per participant

Average employer and participant contribution per enrolled participant

$28K

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

+11.95%

Not enough data

1 years with return on file

Admin fee / account holder

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

$5810

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 codes2E2F2J2T3D

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).
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

1 tripped

OpportunityHigh fees
Administrative expenses exceed $300 per participant per year - possible fee-review opportunity. (Recordkeeping / audit / legal; excludes investment management.)

Expense breakdown

Schedule H Part II

Admin total

$16K

$2242 / participant

Other / not subdivided$16K100.0%

% of EOY assets

2.010%

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

$111,564

$88,707+25.8%

$74,184+50.4%

$273,972-59.3%

Participation rate

85.7%

79.4%+6.3pp

76.6%+9.1pp

83.0%+2.7pp

Annual return

2.48%

11.94%-9.5pp

17.74%-15.3pp

41.46%-39.0pp

Employer contribution / active EE

$13,556

$3,159+329.1%

$2,370+471.9%

$4,869+178.4%

Participant deferral / active EE

$7,114

$4,212+68.9%

$3,550+100.4%

$5,287+34.6%

Admin fee / account holder

$2,242

$8,717-74.3%

$5,586-59.9%

$10,133-77.9%

BOB JOHNSON ASSOCIATES, INC. 401(K) PLAN

Summary metrics

Benchmarksi

Analytics

Service providersi

Plan features & details

Opportunity flagsi

Expense breakdowni

Audit opinioni

BOB JOHNSON ASSOCIATES, INC. 401(K) 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