Retirement plan

H. A. BERKHEIMER, INC. PROFIT SHARING /401K PLAN

Name: H. A. BERKHEIMER, INC - H. A. BERKHEIMER, INC. PROFIT SHARING /401K PLAN (2017) Form 5500
Creator: H. A. BERKHEIMER, INC
License: https://www.dol.gov/general/disclaim
Keywords: Form 5500, ERISA, retirement plan, H. A. BERKHEIMER, INC. PROFIT SHARING /401K PLAN, H. A. BERKHEIMER, INC

H. A. BERKHEIMER, INCEIN 23-1669661Plan #001PY 2017

1883 JURY ROAD - PEN ARGYL, PA 18072610-588-0965LinkedIn51-200 employeeshigher education

Prospect flagsNo flags tripped

How to read this page

Total assets (EOY)

$15.7M

+23.5% from 2016

Total participants

524

+2.1% from 2016

Average account balance

$30,456

+18.7% from 2016

Annual return

18.41%

+11.28 pp from 2016

Benchmarks

See 664 peers

Peer group

Industry56 - Administrative and Support and Waste Management and Remediation Services

Plan typeDefined contribution

Participants250-999

Cohort664 peers

Snapshot2017

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

Analytics

Total assets (EOY)

Plan-year ending balance

$28.97M

Not enough data

1 years with asset history on file

Average account balance

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

$48K

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.

604

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.

98.7%

Not enough data

1 years with eligibility data

Contributions (total)

Employer and participant dollars contributed each year

$2.33M

Not enough data

1 years with contributions on file

Contributions per participant

Average employer and participant contribution per enrolled participant

$5K

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

+11.15%

Not enough data

1 years with return on file

Admin fee / account holder

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

$98

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
LPL FINANCIAL3+ years Filed as: LPL FINANCIAL LLC-RPLP Service code 27 · EIN 95-2834236	Advisory (Plan)	$31,091
PRUDENTIAL RETIREMENT INSURANCE AND3+ years Service code 13 · EIN 06-1050034	Contract Administrator	$5,928
PRUDENTIAL RETIREMENT INSURANCE AND3+ years Filed as: THE PRUDENTIAL INSURANCE COMPANY OF Service code 15	Recordkeeping	$0

Plan features & details

Pension benefit codes2E2F2G2J2T2S3D

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.
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.

Opportunity flags

0 tripped

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

Expense breakdown

Schedule H Part II

Admin total

$38K

$83 / participant

Other / not subdivided$38K100.0%

% of EOY assets

0.240%

all-in expense ratio

Categories reported

0 / 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: MCKONLY & ASBURY
Auditor EIN: 231909723
Audit fees: (not subdivided)
Opinion code: Disclaimer

Metric

This plan

Peer set

Industry

Size

Avg account balance

$30,456

$31,424-3.1%

$81,473-62.6%

$69,631-56.3%

Participation rate

97.8%

50.8%+46.9pp

68.0%+29.8pp

70.7%+27.1pp

Annual return

18.41%

22.44%-4.0pp

38.78%-20.4pp

27571.02%-27552.6pp

Employer contribution / active EE

$1,042

$1,029+1.3%

$2,568-59.4%

$2,032-48.7%

Participant deferral / active EE

$2,085

$1,838+13.4%

$3,537-41.1%

$3,224-35.3%

Admin fee / account holder

$73

$103-28.7%

$4,561-98.4%

$110-33.8%

Provider

Service type

Compensation

LPL FINANCIAL3+ years

Filed as: LPL FINANCIAL LLC-RPLP

Service code 27 · EIN 95-2834236

Advisory (Plan)

$31,091

PRUDENTIAL RETIREMENT INSURANCE AND3+ years

Service code 13 · EIN 06-1050034

Contract Administrator

$5,928

PRUDENTIAL RETIREMENT INSURANCE AND3+ years

Filed as: THE PRUDENTIAL INSURANCE COMPANY OF

Service code 15

Recordkeeping

H. A. BERKHEIMER, INC. PROFIT SHARING /401K PLAN

Summary metrics

Benchmarksi

Analytics

Service providersi

Plan features & details

Opportunity flagsi

Expense breakdowni

Audit opinioni

H. A. BERKHEIMER, INC. PROFIT SHARING /401K 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