Retirement plan

BLADE ENERGY PARTNERS, LTD. PROFIT SHARING PLAN

Name: BLADE ENERGY PARTNERS, LTD. - BLADE ENERGY PARTNERS, LTD. PROFIT SHARING PLAN (2018) Form 5500
Creator: BLADE ENERGY PARTNERS, LTD.
License: https://www.dol.gov/general/disclaim
Keywords: Form 5500, ERISA, retirement plan, BLADE ENERGY PARTNERS, LTD. PROFIT SHARING PLAN, BLADE ENERGY PARTNERS, LTD.

BLADE ENERGY PARTNERS, LTD.EIN 20-4052507Plan #001PY 2018

2600 NETWORK BLVD., STE. 550 - FRISCO, TX 75034972-712-8407blade-energy.comLinkedIn51-200 employeesoil & energy

Prospect flagsHigh feesHigh assets / participant

How to read this page

Total assets (EOY)

$23.1M

-5.5% from 2017

Total participants

+1.2% from 2017

Average account balance

$284,692

-4.3% from 2017

Annual return

-6.66%

-51.31 pp from 2017

Benchmarks

See 25,536 peers

Peer group

Industry54 - Professional, Scientific, and Technical Services

Plan typeDefined contribution

Participants25-99

Cohort25,536 peers

Snapshot2018

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

Analytics

Total assets (EOY)

Plan-year ending balance

$37.49M

Not enough data

1 years with asset history on file

Average account balance

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

$543K

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.

123.2%

Not enough data

1 years with eligibility data

Contributions (total)

Employer and participant dollars contributed each year

$885K

Not enough data

1 years with contributions on file

Contributions per participant

Average employer and participant contribution per enrolled participant

$16K

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

+12.16%

Not enough data

1 years with return on file

Admin fee / account holder

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

$53302

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 codes2E2F2G2J2R3D

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.
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.
2R
Participant-directed brokerage accounts
Participant-directed brokerage accounts provided as an investment option under the plan.
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

OpportunityHigh fees
Administrative expenses exceed $300 per participant per year - possible fee-review opportunity. (Recordkeeping / audit / legal; excludes investment management.)
InformationalHigh assets / participant
Assets per participant exceed $250,000 - top-decile high-value plan.

Expense breakdown

Schedule H Part II

Admin total

$804K

$12762 / participant

Other / not subdivided$804K100.0%

% of EOY assets

3.487%

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

$284,692

$77,816+265.9%

$123,552+130.4%

$64,173+343.6%

Participation rate

93.7%

74.7%+18.9pp

82.3%+11.4pp

69.6%+24.1pp

Annual return

-6.66%

12.49%-19.1pp

119.20%-125.9pp

7.63%-14.3pp

Employer contribution / active EE

$6,549

$3,014+117.3%

$4,628+41.5%

$2,381+175.1%

Participant deferral / active EE

$10,689

$5,240+104.0%

$6,426+66.3%

$3,470+208.1%

Admin fee / account holder

$9,926

$5,519+79.9%

$9,285+6.9%

$4,887+103.1%

BLADE ENERGY PARTNERS, LTD. PROFIT SHARING PLAN

Summary metrics

Benchmarksi

Analytics

Service providersi

Plan features & details

Opportunity flagsi

Expense breakdowni

Audit opinioni

BLADE ENERGY PARTNERS, LTD. 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