Retirement plan

BUILDING TRADES EMPLOYERS ASSOC. OF THE CITY OF N.Y. PROFIT SHARING PLAN

Name: BUILDING TRADES EMPLOYERS ASSOCIATION OF THE CITY OF NEW YORK - BUILDING TRADES EMPLOYERS ASSOC. OF THE CITY OF N.Y. PROFIT SHARING PLAN (2017) Form 5500
Creator: BUILDING TRADES EMPLOYERS ASSOCIATION OF THE CITY OF NEW YORK
License: https://www.dol.gov/general/disclaim
Keywords: Form 5500, ERISA, retirement plan, BUILDING TRADES EMPLOYERS ASSOC. OF THE CITY OF N.Y. PROFIT SHARING PLAN, BUILDING TRADES EMPLOYERS ASSOCIATION OF THE CITY OF NEW YORK

BUILDING TRADES EMPLOYERS ASSOCIATION OF THE CITY OF NEW YORKEIN 13-1835634Plan #002PY 2017

1430 BROADWAY, SUITE 1106 - NEW YORK, NY 10018212-704-9745bteany.comLinkedIn1-10 employeesconstruction

Prospect flagsHigh assets / participantLow fidelity bond

How to read this page

Total assets (EOY)

$1.7M

+20.1% from 2016

Total participants

0.0% from 2016

Average account balance

$415,593

+20.1% from 2016

Annual return

13.82%

-8.99 pp from 2016

Benchmarks

See 114,331 peers

Peer group

Industry54 - Professional, Scientific, and Technical Services

Plan typeDefined contribution

Participants<25

Cohort114,331 peers

Snapshot2017

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

Analytics

Total assets (EOY)

Plan-year ending balance

$163K

Not enough data

1 years with asset history on file

Average account balance

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

$81K

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.

0.0%

Not enough data

1 years with eligibility data

Contributions (total)

Employer and participant dollars contributed each year

$1K

Not enough data

1 years with contributions on file

Contributions per participant

Average employer and participant contribution per enrolled participant

$566

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

+4.47%

Not enough data

1 years with return on file

Admin fee / account holder

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

$7602

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 codes3D2E2F2G

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.
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

ComplianceLow fidelity bond
Fidelity bond coverage is below the ERISA section 412 10%-of-assets minimum (capped at $500,000).
InformationalHigh assets / participant
Assets per participant exceed $250,000 - top-decile high-value plan.

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

$415,593

$150,442+176.2%

$136,295+204.9%

$147,585+181.6%

Participation rate

100.0%

84.4%+15.6pp

81.9%+18.1pp

82.8%+17.2pp

Annual return

13.82%

1049.09%-1035.3pp

5155.97%-5142.2pp

578.56%-564.7pp

Employer contribution / active EE

$19,047

$5,256+262.4%

$4,695+305.6%

$4,876+290.6%

Participant deferral / active EE

$2,775

$6,630-58.1%

$6,247-55.6%

$5,439-49.0%

Admin fee / account holder

$10,905-100.0%

$9,243-100.0%

$10,885-100.0%

BUILDING TRADES EMPLOYERS ASSOC. OF THE CITY OF N.Y. PROFIT SHARING PLAN

Summary metrics

Benchmarksi

Analytics

Service providersi

Plan features & details

Opportunity flagsi

Audit opinioni

BUILDING TRADES EMPLOYERS ASSOC. OF THE CITY OF N.Y. PROFIT SHARING 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