Retirement plan

BINGHAMTON PRECAST & SUPPLY 401K PROFIT SHARING PLAN

Name: BINGHAMTON PRECAST & SUPPLY - BINGHAMTON PRECAST & SUPPLY 401K PROFIT SHARING PLAN (2016) Form 5500
Creator: BINGHAMTON PRECAST & SUPPLY
License: https://www.dol.gov/general/disclaim
Keywords: Form 5500, ERISA, retirement plan, BINGHAMTON PRECAST & SUPPLY 401K PROFIT SHARING PLAN, BINGHAMTON PRECAST & SUPPLY

BINGHAMTON PRECAST & SUPPLYEIN 16-1375695Plan #002PY 2016

18 PHELPS ST - BINGHAMTON, NY 139011858binghamtonprecast.comLinkedIn1-10 employeesarchitecture & planning

Prospect flagsNo flags tripped

How to read this page

Total assets (EOY)

$1.8M

No prior year

Total participants

No prior year

Average account balance

No prior year

Annual return

6.27%

No prior year

Benchmarks

See 6,045 peers

Peer group

Industry32 - Manufacturing

Plan typeDefined contribution

Participants25-99

Cohort6,045 peers

Snapshot2016

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

Analytics

Total assets (EOY)

Plan-year ending balance

$2.37M

Not enough data

1 years with asset history on file

Average account balance

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

$39K

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.

75.9%

Not enough data

1 years with eligibility data

Contributions (total)

Employer and participant dollars contributed each year

$175K

Not enough data

1 years with contributions on file

Contributions per participant

Average employer and participant contribution per enrolled participant

$2K

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

+12.61%

Not enough data

1 years with return on file

Admin fee / account holder

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

$408

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

0 tripped

No flags tripped for this filing year. This plan looks clean.

Expense breakdown

Schedule H Part II

Admin total

$13K

$182 / participant

Other / not subdivided$13K100.0%

% of EOY assets

0.751%

all-in expense ratio

Categories reported

0 / 9

subdivided buckets used

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

$58,828-100.0%

$78,002-100.0%

$62,881-100.0%

Participation rate

0.0%

71.1%-71.1pp

75.5%-75.5pp

69.3%-69.3pp

Annual return

6.27%

17.16%-10.9pp

425.99%-419.7pp

20.14%-13.9pp

Employer contribution / active EE

$1,021

$1,672-38.9%

$2,470-58.7%

$2,281-55.3%

Participant deferral / active EE

$2,686-100.0%

$3,497-100.0%

$3,203-100.0%

Admin fee / account holder

$4,393-100.0%

$5,481-100.0%

$4,296-100.0%

BINGHAMTON PRECAST & SUPPLY 401K PROFIT SHARING PLAN

Summary metrics

Benchmarksi

Analytics

Service providersi

Plan features & details

Opportunity flagsi

Expense breakdowni

Audit opinioni

BINGHAMTON PRECAST & SUPPLY 401K 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