Retirement plan

B & B LUMBER COMPANY, INC. PROFIT SHARING PLAN

Name: B & B LUMBER COMPANY, INC. - B & B LUMBER COMPANY, INC. PROFIT SHARING PLAN (2015) Form 5500
Creator: B & B LUMBER COMPANY, INC.
License: https://www.dol.gov/general/disclaim
Keywords: Form 5500, ERISA, retirement plan, B & B LUMBER COMPANY, INC. PROFIT SHARING PLAN, B & B LUMBER COMPANY, INC.

B & B LUMBER COMPANY, INC.EIN 16-1035246Plan #001PY 2015

HANSON QUARRY, DRAWER T - JAMESVILLE, NY 13078315-492-1786bblumber.comLinkedIn51-200 employeespaper & forest products

Prospect flagsCorrective distributions

How to read this page

Total assets (EOY)

$20.4M

No prior year

Total participants

178

No prior year

Average account balance

$115,661

No prior year

Annual return

-0.62%

No prior year

Benchmarks

See 1,746 peers

Peer group

Industry32 - Manufacturing

Plan typeDefined contribution

Participants100-249

Cohort1,746 peers

Snapshot2015

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

Analytics

Total assets (EOY)

Plan-year ending balance

$13.55M

Not enough data

1 years with asset history on file

Average account balance

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

$97K

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.

140

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.

96.3%

Not enough data

1 years with eligibility data

Contributions (total)

Employer and participant dollars contributed each year

$468K

Not enough data

1 years with contributions on file

Contributions per participant

Average employer and participant contribution per enrolled participant

$3K

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

+12.45%

Not enough data

1 years with return on file

Admin fee / account holder

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

$217

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
RUSSELL TRUST COMPANY1+ years Filed as: RUSSELL S. ANDREWS Service code 71 PO BOX 4718 · SYRACUSE, NY 13221	Brokerage Fees	$11,439
MERRILL LYNCH PIERCE FENNER & SMITH1+ years Service code 27 · EIN 13-5674085 4 WORLD FINANCIAL CENTER · NEW YORK, NY 10281	Advisory (Plan)	$11,078
STRATEGIC FINANCIAL SERVICES1+ years Service code 27 114 BUSINESS PARK DR · UTICA, NY 135026303	Advisory (Plan)	$7,596

Plan features & details

Pension benefit codes2E2J2K3D3H

Plan features

2E
Profit-sharing
Profit-sharing plan.
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.
2K
Code section 401(m) arrangement
Employee contributions are allocated to separate accounts under the plan or employer contributions are based in whole or in part on employee deferrals or contributions to the plan. Not applicable to 401(k) plans with only QNECs and/or QMACs or to 403(b)(1) 403(b)(7) or 408 arrangements.
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

1 tripped

ComplianceCorrective distributions
Plan reported corrective distributions (failed ADP/ACP testing).

Expense breakdown

Schedule H Part II

Admin total

$42K

$265 / participant

Investment mgmt$42K100.0%

% of EOY assets

0.208%

all-in expense ratio

Categories reported

1 / 9

subdivided buckets used

Audit opinion

Schedule H Part III

Unqualified opinion

Auditor signed off without reservation - the cleanest possible opinion.

Auditor firm: EVANS AND BENNETT, LLP
Auditor EIN: 150551397
Audit fees: (not subdivided)
Opinion code: Unqualified

Metric

This plan

Peer set

Industry

Size

Avg account balance

$115,661

$53,412+116.5%

$68,509+68.8%

$52,331+121.0%

Participation rate

98.8%

71.7%+27.1pp

74.7%+24.0pp

68.1%+30.6pp

Annual return

-0.62%

3.42%-4.0pp

8.27%-8.9pp

4.54%-5.2pp

Employer contribution / active EE

$2,534

$1,607+57.6%

$2,278+11.2%

$1,882+34.6%

Participant deferral / active EE

$2,620

$2,688-2.5%

$3,382-22.5%

$3,022-13.3%

Admin fee / account holder

$241

$461-47.7%

$5,275-95.4%

$592-59.3%

Provider

Service type

Compensation

RUSSELL TRUST COMPANY1+ years

Filed as: RUSSELL S. ANDREWS

Service code 71

PO BOX 4718 · SYRACUSE, NY 13221

Brokerage Fees

$11,439

MERRILL LYNCH PIERCE FENNER & SMITH1+ years

Service code 27 · EIN 13-5674085

4 WORLD FINANCIAL CENTER · NEW YORK, NY 10281

Advisory (Plan)

$11,078

STRATEGIC FINANCIAL SERVICES1+ years

Service code 27

114 BUSINESS PARK DR · UTICA, NY 135026303

Advisory (Plan)

$7,596

B & B LUMBER COMPANY, INC. PROFIT SHARING PLAN

Summary metrics

Benchmarksi

Analytics

Service providersi

Plan features & details

Opportunity flagsi

Expense breakdowni

Audit opinioni

B & B LUMBER COMPANY, INC. PROFIT SHARING 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