Retirement plan

BOARS HEAD PROVISION CO., INC. BARGAINING UNIT-VA 401(K) PLAN

Name: BOARS HEAD PROVISION CO., INC. - BOARS HEAD PROVISION CO., INC. BARGAINING UNIT-VA 401(K) PLAN (2017) Form 5500
Creator: BOARS HEAD PROVISION CO., INC.
License: https://www.dol.gov/general/disclaim
Keywords: Form 5500, ERISA, retirement plan, BOARS HEAD PROVISION CO., INC. BARGAINING UNIT-VA 401(K) PLAN, BOARS HEAD PROVISION CO., INC.

BOARS HEAD PROVISION CO., INC.EIN 11-0548870Plan #011PY 2017

2230 WYATT MILL RD. - JARRETT, VA 23867941-955-0994

Other plans on this EIN

1 filing

#004Retirement-$105.9M assets

Prospect flagsLow returnsLow assets / participantLow participant contribution

How to read this page

Total assets (EOY)

$2.8M

+44.2% from 2016

Total participants

998

+2.9% from 2016

Average account balance

$3,083

+33.0% from 2016

Annual return

11.32%

+7.41 pp from 2016

Benchmarks

See 684 peers

Peer group

Industry31 - Manufacturing

Plan typeDefined contribution

Participants250-999

Cohort684 peers

Snapshot2017

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

Analytics

Total assets (EOY)

Plan-year ending balance

$4.76M

Not enough data

1 years with asset history on file

Average account balance

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

$3K

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.

1,549

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.

74.7%

Not enough data

1 years with eligibility data

Contributions (total)

Employer and participant dollars contributed each year

$1.13M

Not enough data

1 years with contributions on file

Contributions per participant

Average employer and participant contribution per enrolled participant

$4K

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

+12.12%

Not enough data

1 years with return on file

Admin fee / account holder

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

$48

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

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

Service providers

Top 3 by compensation

Provider	Service type	Compensation
TRITON SERVICES CORPORATION3+ years Service code 15 · EIN 11-3187413 10432 BALLS FORD ROAD · MANASSAS, VA 20109	Recordkeeping	$50,879
NATIONWIDE3+ years Service code 13 · EIN 31-4156830 ONE NATIONWIDE PLAZA · COLUMBUS, OH 43215	Contract Administrator	$5,325
LPL FINANCIAL1 year Filed as: LPL FINANCIAL LLC Service code 33 4707 EXECUTIVE DR · SAN DIEGO, CA 92121	Securities brokerage	$0

Plan features & details

Pension benefit codes2E2F2G2J2T3D3H

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.
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

3 tripped

OpportunityLow participant contribution
Participant contribution per participant is in the bottom quintile of the peer cohort.
OpportunityLow returns
Annual investment return is in the bottom quintile of the peer cohort.
OpportunityLow assets / participant
Assets per participant are in the bottom quintile of the peer cohort - savings-rate / match opportunity.

Expense breakdown

Schedule H Part II

Admin total

$55K

$73 / participant

Contract admin$55K100.0%

% of EOY assets

1.962%

all-in expense ratio

Categories reported

1 / 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: JOHN R WYNN CPA PC
Auditor EIN: 261449578
Audit fees: (not subdivided)
Opinion code: Disclaimer

Metric

This plan

Peer set

Industry

Size

Avg account balance

$3,083

$53,925-94.3%

$75,501-95.9%

$69,631-95.6%

Participation rate

87.4%

71.2%+16.2pp

72.4%+15.0pp

70.7%+16.7pp

Annual return

11.32%

17.84%-6.5pp

27.35%-16.0pp

27571.02%-27559.7pp

Employer contribution / active EE

$701

$1,802-61.1%

$2,352-70.2%

$2,032-65.5%

Participant deferral / active EE

$486

$2,569-81.1%

$3,142-84.5%

$3,224-84.9%

Admin fee / account holder

$60

$97-37.7%

$5,801-99.0%

$110-45.2%

Provider

Service type

Compensation

TRITON SERVICES CORPORATION3+ years

Service code 15 · EIN 11-3187413

10432 BALLS FORD ROAD · MANASSAS, VA 20109

Recordkeeping

$50,879

NATIONWIDE3+ years

Service code 13 · EIN 31-4156830

ONE NATIONWIDE PLAZA · COLUMBUS, OH 43215

Contract Administrator

$5,325

LPL FINANCIAL1 year

Filed as: LPL FINANCIAL LLC

Service code 33

4707 EXECUTIVE DR · SAN DIEGO, CA 92121

Securities brokerage

BOARS HEAD PROVISION CO., INC. BARGAINING UNIT-VA 401(K) PLAN

Summary metrics

Benchmarksi

Analytics

Service providersi

Plan features & details

Opportunity flagsi

Expense breakdowni

Audit opinioni

BOARS HEAD PROVISION CO., INC. BARGAINING UNIT-VA 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