Retirement plan

DBH SHEET METAL CORP D/B/A BLAKE SHEET METAL RETIREMENT SAVINGS PLAN

Name: DBH SHEET METAL CORP - DBH SHEET METAL CORP D/B/A BLAKE SHEET METAL RETIREMENT SAVINGS PLAN (2016) Form 5500
Creator: DBH SHEET METAL CORP
License: https://www.dol.gov/general/disclaim
Keywords: Form 5500, ERISA, retirement plan, DBH SHEET METAL CORP D/B/A BLAKE SHEET METAL RETIREMENT SAVINGS PLAN, DBH SHEET METAL CORP

DBH SHEET METAL CORPEIN 11-3385505Plan #001PY 2016

118 KEYLAND COURT - BOHEMIA, NY 11716631-563-4084

Other plans on this EIN

2 filings

#003Retirement-$819K assets #002Retirement-$98K assets

Prospect flagsLow participant contributionLow fidelity bond

How to read this page

Total assets (EOY)

$2.2M

+16.3% from 2015

Total participants

+7.7% from 2015

Average account balance

$196,245

+16.3% from 2015

Annual return

6.83%

+10.31 pp from 2015

Benchmarks

See 35,835 peers

Peer group

Industry23 - Construction

Plan typeDefined contribution

Participants<25

Cohort35,835 peers

Snapshot2016

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

Analytics

Total assets (EOY)

Plan-year ending balance

$4.16M

Not enough data

1 years with asset history on file

Average account balance

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

$160K

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.

123.8%

Not enough data

1 years with eligibility data

Contributions (total)

Employer and participant dollars contributed each year

$316K

Not enough data

1 years with contributions on file

Contributions per participant

Average employer and participant contribution per enrolled participant

$15K

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

+13.73%

Not enough data

1 years with return on file

Admin fee / account holder

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

$4795

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 codes2E2G2J3D

Plan features

2E
Profit-sharing
Profit-sharing plan.
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 participant contribution
Participant contribution per participant is in the bottom quintile of the peer cohort.
ComplianceLow fidelity bond
Fidelity bond coverage is below the ERISA section 412 10%-of-assets minimum (capped at $500,000).

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

$196,245

$99,345+97.5%

$84,753+131.6%

$273,972-28.4%

Participation rate

72.7%

80.7%-8.0pp

76.6%-3.9pp

83.0%-10.3pp

Annual return

6.83%

22.93%-16.1pp

22.78%-16.0pp

41.46%-34.6pp

Employer contribution / active EE

$15,920

$4,214+277.8%

$3,574+345.4%

$4,869+227.0%

Participant deferral / active EE

$4,270-100.0%

$3,712-100.0%

$5,287-100.0%

Admin fee / account holder

$6,645-100.0%

$5,333-100.0%

$10,133-100.0%

DBH SHEET METAL CORP D/B/A BLAKE SHEET METAL RETIREMENT SAVINGS PLAN

Summary metrics

Benchmarksi

Analytics

Service providersi

Plan features & details

Opportunity flagsi

Audit opinioni

DBH SHEET METAL CORP D/B/A BLAKE SHEET METAL RETIREMENT SAVINGS PLAN

Summary metrics

Benchmarksi

Analytics

Service providersi

Plan features & details

Opportunity flagsi

Audit opinioni

Benchmarks

Service providers

Opportunity flags

Audit opinion

Benchmarks

Service providers

Opportunity flags

Audit opinion