Retirement plan

BOURDON FORGE COMPANY, INC. 401(K) PLAN

Name: BOURDON FORGE COMPANY, INC. - BOURDON FORGE COMPANY, INC. 401(K) PLAN (2020) Form 5500
Creator: BOURDON FORGE COMPANY, INC.
License: https://www.dol.gov/general/disclaim
Keywords: Form 5500, ERISA, retirement plan, BOURDON FORGE COMPANY, INC. 401(K) PLAN, BOURDON FORGE COMPANY, INC.

BOURDON FORGE COMPANY, INC.EIN 06-0858901Plan #001PY 2020

99 TUTTLE ROAD - MIDDLETOWN, CT 06457860-632-2740bourdonforge.comLinkedIn51-200 employeesdefense & space

Prospect flagsLow returns

How to read this page

Total assets (EOY)

$3.3M

-5.6% from 2019

Total participants

116

-1.7% from 2019

Average account balance

$30,436

+2.3% from 2019

Annual return

5.07%

-4.29 pp from 2019

Benchmarks

See 14,881 peers

Peer group

Industry33 - Manufacturing

Plan typeDefined contribution

Participants25-99

Cohort14,881 peers

Snapshot2020

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

Analytics

Total assets (EOY)

Plan-year ending balance

$5.26M

Not enough data

1 years with asset history on file

Average account balance

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

$55K

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.

128.4%

Not enough data

1 years with eligibility data

Contributions (total)

Employer and participant dollars contributed each year

$714K

Not enough data

1 years with contributions on file

Contributions per participant

Average employer and participant contribution per enrolled participant

$10K

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

+14.60%

Not enough data

1 years with return on file

Admin fee / account holder

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

$3786

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

Top 1 by compensation

Provider	Service type	Compensation
SENTRY LIFE INSURANCE COMPANY2 years Service code 64 · EIN 39-6040276	Recordkeeping Fees	$4,370

Plan features & details

Pension benefit codes2E2F2G2J2T3D

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.
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

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

Expense breakdown

Schedule H Part II

Admin total

$8K

$91 / participant

Investment mgmt$4K59.3%
Contract admin$4K57.9%

% of EOY assets

0.232%

all-in expense ratio

Categories reported

2 / 9

subdivided buckets used

Audit opinion

Schedule H Part III

Disclaimer opinion

Auditor declined to express an opinion - usually a 103(a)(3)(C) limited-scope election.

Auditor firm: SHEPTOFF REUBER AND COMPANY, P.C.
Auditor EIN: 061026561
Audit fees: (not subdivided)
Opinion code: Disclaimer

Metric

This plan

Peer set

Industry

Size

Avg account balance

$30,436

$78,428-61.2%

$95,960-68.3%

$79,852-61.9%

Participation rate

89.2%

73.5%+15.7pp

77.1%+12.1pp

69.6%+19.5pp

Annual return

5.07%

19.37%-14.3pp

91.63%-86.6pp

31.72%-26.6pp

Employer contribution / active EE

$1,807

$1,945-7.1%

$2,541-28.9%

$2,471-26.9%

Participant deferral / active EE

$2,224

$3,440-35.3%

$4,167-46.6%

$3,740-40.5%

Admin fee / account holder

$71

$5,622-98.7%

$6,797-99.0%

$5,306-98.7%

Provider

Service type

Compensation

SENTRY LIFE INSURANCE COMPANY2 years

Service code 64 · EIN 39-6040276

Recordkeeping Fees

$4,370

BOURDON FORGE COMPANY, INC. 401(K) PLAN

Summary metrics

Benchmarksi

Analytics

Service providersi

Plan features & details

Opportunity flagsi

Expense breakdowni

Audit opinioni

BOURDON FORGE COMPANY, 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