Retirement plan

THE BARTON GROUP 401(K) PLAN

Name: THE BARTON GROUP - THE BARTON GROUP 401(K) PLAN (2021) Form 5500
Creator: THE BARTON GROUP
License: https://www.dol.gov/general/disclaim
Keywords: Form 5500, ERISA, retirement plan, THE BARTON GROUP 401(K) PLAN, THE BARTON GROUP

THE BARTON GROUPEIN 23-1624372Plan #002PY 2021

SIX WARREN STREET - GLENS FALLS, NY 12801518-798-5462LinkedIn1-10 employeesconstruction

Other plans on this EIN

1 filing

#003Retirement-$28.0M assets

Prospect flagsLow returnsHigh feesLow employer contribution

How to read this page

Total assets (EOY)

$42.1M

+11.3% from 2020

Total participants

204

+1.5% from 2020

Average account balance

$206,265

+9.7% from 2020

Annual return

10.25%

+0.86 pp from 2020

Benchmarks

See 265 peers

Peer group

Industry21 - Mining, Quarrying, and Oil and Gas Extraction

Plan typeDefined contribution

Participants100-249

Cohort265 peers

Snapshot2021

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

Analytics

Total assets (EOY)

Plan-year ending balance

$38.42M

Not enough data

1 years with asset history on file

Average account balance

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

$205K

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.

187

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.

100.0%

Not enough data

1 years with eligibility data

Contributions (total)

Employer and participant dollars contributed each year

$1.61M

Not enough data

1 years with contributions on file

Contributions per participant

Average employer and participant contribution per enrolled participant

$14K

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

+10.67%

Not enough data

1 years with return on file

Admin fee / account holder

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

$446

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 10 by compensation

Provider	Service type	Compensation
GREAT-WEST LIFE & ANNUITY INSURANCE1 year Filed as: GREAT WEST LIFE & ANNUITY INSURANCE Service code 49 · EIN 84-0467907	Other Services	$132,286
FIDUCIENT ADVISORS LLC1 year Service code 27 · EIN 36-4001764	Advisory (Plan)	$17,511
DIMEO SCHNEIDER & ASSOCIATES LLC2 years Service code 27 · EIN 36-4001764	Advisory (Plan)	$17,258
UHY LLP7+ years Filed as: UHY, LLP Service code 10 · EIN 20-0694403	Accounting	$9,738
BARTON WALTER & KRIER PC3 years Filed as: BARTON INTERNATIONAL Service code 29 · EIN 14-1798025	Legal	$7,025
FAEGRE DRINKER BIDDLE & REATH LLP1 year Filed as: FAEGRE DRINKER BIDDLE & REATH, LLP Service code 29 1177 AVENUE OF THE AMERICAS 41ST · NEW YORK, NY 10036	Legal	$5,852
AMERICAN FUNDS5 years Service code 52 · EIN 95-1411037	Indirect Investment Fees	$0
MASSACHUSETTS MUTUAL LIFE INS. CO.7+ years Service code 52 · EIN 04-1590850	Indirect Investment Fees	$0
MFS INVESTMENT MANAGEMENT5 years Service code 52 · EIN 04-3158862	Indirect Investment Fees	$0
THE VANGUARD GROUP, INC.5 years Filed as: VANGUARD Service code 52 · EIN 23-2311358	Indirect Investment Fees	$0

Plan features & details

Pension benefit codes2E2J2F2G2K3D3F3H2S2T

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.
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.
2S
Automatic enrollment
Plan provides for automatic enrollment in plan that has elective contributions deducted from payroll.
2T
Default investment account
Total or partial participant-directed account plan where plan uses a default investment account for participants who fail to direct assets in their account.
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.
3F
Leased employees
Plan sponsor(s) received services of leased employees as defined in Code section 414(n) during the plan year.
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

3 tripped

OpportunityLow employer contribution
Employer contribution per participant is in the bottom quintile of the peer cohort.
OpportunityHigh fees
Administrative expenses exceed $300 per participant per year - possible fee-review opportunity. (Recordkeeping / audit / legal; excludes investment management.)
OpportunityLow returns
Annual investment return is in the bottom quintile of the peer cohort.

Expense breakdown

Schedule H Part II

Admin total

$174K

$1360 / participant

Investment mgmt$125K71.9%
Contract admin$7K4.1%
Other / not subdivided$42K24.0%

% of EOY assets

0.414%

all-in expense ratio

Categories reported

2 / 9

subdivided buckets used

Audit opinion

Schedule H Part III

Unqualified opinion

Auditor signed off without reservation - the cleanest possible opinion.

Auditor firm: UHY, LLP
Auditor EIN: 200694403
Audit fees: (not subdivided)
Opinion code: Unqualified

Metric

This plan

Peer set

Industry

Size

Avg account balance

$206,265

$82,274+150.7%

$152,473+35.3%

$79,391+159.8%

Participation rate

100.0%

76.4%+23.6pp

78.2%+21.8pp

70.7%+29.3pp

Annual return

10.25%

7959.84%-7949.6pp

757.59%-747.3pp

116.88%-106.6pp

Employer contribution / active EE

$581

$3,613-83.9%

$4,326-86.6%

$2,428-76.1%

Participant deferral / active EE

$7,041

$4,969+41.7%

$5,817+21.0%

$4,046+74.0%

Admin fee / account holder

$853

$632+35.0%

$15,811-94.6%

$627+36.2%

Provider

Service type

Compensation

GREAT-WEST LIFE & ANNUITY INSURANCE1 year

Filed as: GREAT WEST LIFE & ANNUITY INSURANCE

Service code 49 · EIN 84-0467907

Other Services

$132,286

FIDUCIENT ADVISORS LLC1 year

Service code 27 · EIN 36-4001764

Advisory (Plan)

$17,511

DIMEO SCHNEIDER & ASSOCIATES LLC2 years

Service code 27 · EIN 36-4001764

Advisory (Plan)

$17,258

UHY LLP7+ years

Filed as: UHY, LLP

Service code 10 · EIN 20-0694403

Accounting

$9,738

BARTON WALTER & KRIER PC3 years

Filed as: BARTON INTERNATIONAL

Service code 29 · EIN 14-1798025

Legal

$7,025

FAEGRE DRINKER BIDDLE & REATH LLP1 year

Filed as: FAEGRE DRINKER BIDDLE & REATH, LLP

Service code 29

1177 AVENUE OF THE AMERICAS 41ST · NEW YORK, NY 10036

Legal

$5,852

AMERICAN FUNDS5 years

Service code 52 · EIN 95-1411037

Indirect Investment Fees

MASSACHUSETTS MUTUAL LIFE INS. CO.7+ years

Service code 52 · EIN 04-1590850

Indirect Investment Fees

MFS INVESTMENT MANAGEMENT5 years

Service code 52 · EIN 04-3158862

Indirect Investment Fees

THE VANGUARD GROUP, INC.5 years

Filed as: VANGUARD

Service code 52 · EIN 23-2311358

Indirect Investment Fees

THE BARTON GROUP 401(K) PLAN

Summary metrics

Benchmarksi

Analytics

Service providersi

Plan features & details

Opportunity flagsi

Expense breakdowni

Audit opinioni

THE BARTON GROUP 401(K) 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