Retirement plan

BARRE BELT 401(K) RETIREMENT PLAN & TRUST

Name: BARRE BELT - BARRE BELT 401(K) RETIREMENT PLAN & TRUST (2015) Form 5500
Creator: BARRE BELT
License: https://www.dol.gov/general/disclaim
Keywords: Form 5500, ERISA, retirement plan, BARRE BELT 401(K) RETIREMENT PLAN & TRUST, BARRE BELT

BARRE BELTEIN 22-3350494Plan #002PY 2015

105 N MAIN ST STE 302 - BARRE, VT 05641802-476-3291barretile.comLinkedIn1-10 employeeshealth, wellness and fitness

Prospect flagsLow employer contributionLow participant contribution

How to read this page

Total assets (EOY)

$5.9M

No prior year

Total participants

166

No prior year

Average account balance

$37,100

No prior year

Annual return

1.06%

No prior year

Benchmarks

See 294 peers

Peer group

Industry21 - Mining, Quarrying, and Oil and Gas Extraction

Plan typeDefined contribution

Participants100-249

Cohort294 peers

Snapshot2015

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

Analytics

Total assets (EOY)

Plan-year ending balance

$9.77M

Not enough data

1 years with asset history on file

Average account balance

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

$61K

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.

159

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.

94.2%

Not enough data

1 years with eligibility data

Contributions (total)

Employer and participant dollars contributed each year

$489K

Not enough data

1 years with contributions on file

Contributions per participant

Average employer and participant contribution per enrolled participant

$4K

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

+16.79%

Not enough data

1 years with return on file

Admin fee / account holder

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

$380

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 2 by compensation

Provider	Service type	Compensation
CPI QUALIFIED PLAN CONSULTANTS, INC1+ years Service code 12 · EIN 48-1205033 1809 24TH STREET · GREAT BEND, KS 67530	Direct payment from the plan; Claims ...	$21,449
GALLAGHER FIDUCIARY ADVISORS, LLC1+ years Filed as: GALLAGHER, FLYNN AND COMPANY Service code 10 · EIN 03-0225774 107 N. MAIN STREET · BARRE, VT 05641	Accounting	$9,070

Plan features & details

Pension benefit codes2F2G2J2K

Plan features

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.
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.

Opportunity flags

2 tripped

OpportunityLow participant contribution
Participant contribution per participant is in the bottom quintile of the peer cohort.
OpportunityLow employer contribution
Employer contribution per participant is in the bottom quintile of the peer cohort.

Expense breakdown

Schedule H Part II

Admin total

$29K

$204 / participant

Investment mgmt$2K7.3%
Contract admin$27K92.7%

% of EOY assets

0.494%

all-in expense ratio

Categories reported

2 / 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: GALLAGHER, FLYNN AND COMPANY
Auditor EIN: 030225774
Audit fees: (not subdivided)
Opinion code: Disclaimer

Metric

This plan

Peer set

Industry

Size

Avg account balance

$37,100

$59,231-37.4%

$90,223-58.9%

$52,331-29.1%

Participation rate

95.1%

75.0%+20.1pp

79.0%+16.1pp

68.1%+27.0pp

Annual return

1.06%

3.53%-2.5pp

1.31%-0.2pp

4.54%-3.5pp

Employer contribution / active EE

$275

$3,391-91.9%

$4,378-93.7%

$1,882-85.4%

Participant deferral / active EE

$1,911

$4,659-59.0%

$5,792-67.0%

$3,022-36.8%

Admin fee / account holder

$183

$515-64.4%

$7,406-97.5%

$592-69.0%

Provider

Service type

Compensation

CPI QUALIFIED PLAN CONSULTANTS, INC1+ years

Service code 12 · EIN 48-1205033

1809 24TH STREET · GREAT BEND, KS 67530

Direct payment from the plan; Claims ...

$21,449

GALLAGHER FIDUCIARY ADVISORS, LLC1+ years

Filed as: GALLAGHER, FLYNN AND COMPANY

Service code 10 · EIN 03-0225774

107 N. MAIN STREET · BARRE, VT 05641

Accounting

$9,070

BARRE BELT 401(K) RETIREMENT PLAN & TRUST

Summary metrics

Benchmarksi

Analytics

Service providersi

Plan features & details

Opportunity flagsi

Expense breakdowni

Audit opinioni

BARRE BELT 401(K) RETIREMENT PLAN & TRUST

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