Retirement plan

C. BLACKBURN INC. RETIREMENT PLAN

Name: C. BLACKBURN INC. - C. BLACKBURN INC. RETIREMENT PLAN (2018) Form 5500
Creator: C. BLACKBURN INC.
License: https://www.dol.gov/general/disclaim
Keywords: Form 5500, ERISA, retirement plan, C. BLACKBURN INC. RETIREMENT PLAN, C. BLACKBURN INC.

C. BLACKBURN INC.EIN 14-1803352Plan #001PY 2018

1347 ROUTE 19 - ELIZAVILLE, NY 12523845-756-2261cblackburninc.comLinkedIn51-200 employeestransportation/trucking/railroad

Prospect flagsLow assets / participantRecently reached 100 employees

How to read this page

Total assets (EOY)

$4.1M

+11.1% from 2017

Total participants

199

+35.4% from 2017

Average account balance

$20,876

No prior year

Annual return

-4.15%

-12.84 pp from 2017

Benchmarks

See 2,344 peers

Peer group

Industry42 - Wholesale Trade

Plan typeDefined contribution

Participants100-249

Cohort2,344 peers

Snapshot2018

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

Analytics

Total assets (EOY)

Plan-year ending balance

$6.25M

Not enough data

1 years with asset history on file

Average account balance

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

$34K

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.

184

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.

95.1%

Not enough data

1 years with eligibility data

Contributions (total)

Employer and participant dollars contributed each year

$975K

Not enough data

1 years with contributions on file

Contributions per participant

Average employer and participant contribution per enrolled participant

$7K

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

+8.87%

Not enough data

1 years with return on file

Admin fee / account holder

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

$280

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
IFP ADVISORS INC DBA INDEPENDENT FI1 year Filed as: IFP ADVISORS INC. Service code 27 3030 N ROCKY POINT DR. W STE 700 · TAMPA, FL 78730	Advisory (Plan)	$18,115
GREAT-WEST LIFE & ANNUITY INSURANCE1 year Filed as: FIRST GREAT-WEST LIFE & ANNUITY Service code 64 8515 EAST ORCHARD ROAD · GREENWOOD VILLAGE, CO 80111	Recordkeeping Fees	$17,862
ALLIANCE BENEFIT GROUP1 year Filed as: ALLIANCE BENEFIT GROUP WISCONSIN Service code 13 8040 EXCELSIOR DR. STE 401 · MADISON, WI 537172919	Contract Administrator	$9,538

Plan features & details

Pension benefit codes2A2E2F2G3D

Plan features

2A
Age/service weighted or new comparability plan
Age/service weighted plan where allocations are based on age service or age and service; or new comparability or similar plan where allocations are based on participant classifications consisting entirely or predominantly of highly compensated employees or the plan provides an additional allocation rate on compensation above a specified threshold that exceeds the permitted disparity limits of Code section 401(l).
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

OpportunityLow assets / participant
Assets per participant are in the bottom quintile of the peer cohort - savings-rate / match opportunity.
InformationalRecently reached 100 employees
Sponsor crossed the 100-balance-holder threshold in the most recent filing - large-plan audit requirement now applies.

Expense breakdown

Schedule H Part II

Admin total

$20K

$132 / participant

Other / not subdivided$20K100.0%

% of EOY assets

0.500%

all-in expense ratio

Categories reported

0 / 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: BAS PARTNERS, LLC
Auditor EIN: 208779390
Audit fees: (not subdivided)
Opinion code: Disclaimer

Metric

This plan

Peer set

Industry

Size

Avg account balance

$20,876

$66,302-68.5%

$110,243-81.1%

$56,287-62.9%

Participation rate

98.1%

74.9%+23.2pp

79.8%+18.2pp

69.9%+28.2pp

Annual return

-4.15%

-1.18%-3.0pp

314.76%-318.9pp

-9.96%+5.8pp

Employer contribution / active EE

$7,287

$2,047+256.0%

$3,827+90.4%

$2,111+245.2%

Participant deferral / active EE

$3,381-100.0%

$4,672-100.0%

$3,350-100.0%

Admin fee / account holder

$104

$698-85.0%

$8,548-98.8%

$521-79.9%

Provider

Service type

Compensation

IFP ADVISORS INC DBA INDEPENDENT FI1 year

Filed as: IFP ADVISORS INC.

Service code 27

3030 N ROCKY POINT DR. W STE 700 · TAMPA, FL 78730

Advisory (Plan)

$18,115

GREAT-WEST LIFE & ANNUITY INSURANCE1 year

Filed as: FIRST GREAT-WEST LIFE & ANNUITY

Service code 64

8515 EAST ORCHARD ROAD · GREENWOOD VILLAGE, CO 80111

Recordkeeping Fees

$17,862

ALLIANCE BENEFIT GROUP1 year

Filed as: ALLIANCE BENEFIT GROUP WISCONSIN

Service code 13

8040 EXCELSIOR DR. STE 401 · MADISON, WI 537172919

Contract Administrator

$9,538

C. BLACKBURN INC. RETIREMENT PLAN

Summary metrics

Benchmarksi

Analytics

Service providersi

Plan features & details

Opportunity flagsi

Expense breakdowni

Audit opinioni

C. BLACKBURN INC. RETIREMENT 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