Retirement plan

DON E. BOWER, INC. 401(K) PLAN

Name: DON E. BOWER, INC. - DON E. BOWER, INC. 401(K) PLAN (2018) Form 5500
Creator: DON E. BOWER, INC.
License: https://www.dol.gov/general/disclaim
Keywords: Form 5500, ERISA, retirement plan, DON E. BOWER, INC. 401(K) PLAN, DON E. BOWER, INC.

DON E. BOWER, INC.EIN 23-2132575Plan #001PY 2018

1206 SALEM BLVD. - BERWICK, PA 18603570-759-1362donebowerinc.comLinkedIn51-200 employeesconstruction

Prospect flagsLow participant contributionCorrective distributions

How to read this page

Total assets (EOY)

$4.1M

-4.5% from 2017

Total participants

121

+3.4% from 2017

Average account balance

$35,386

-7.7% from 2017

Annual return

-4.02%

-21.64 pp from 2017

Benchmarks

See 15,017 peers

Peer group

Industry23 - Construction

Plan typeDefined contribution

Participants25-99

Cohort15,017 peers

Snapshot2018

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

Analytics

Total assets (EOY)

Plan-year ending balance

$5.43M

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.

114

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.

91.9%

Not enough data

1 years with eligibility data

Contributions (total)

Employer and participant dollars contributed each year

$251K

Not enough data

1 years with contributions on file

Contributions per participant

Average employer and participant contribution per enrolled participant

$3K

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

+11.24%

Not enough data

1 years with return on file

Admin fee / account holder

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

$313

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 5 by compensation

Provider	Service type	Compensation
BAKER TILLY US, LLP1 year Filed as: BAKER TILLY VIRCHOW KRAUSE, LLP Service code 10 46 PUBLIC SQUARE, SUITE 400 · WILKES-BARRE, PA 18701	Accounting	$12,000
CREATIVE RETIREMENT SYSTEMS, INC.3 years Service code 15 · EIN 31-1299207 25 MERCHANT ST., SUITE 135 · CINCINNATI, OH 45246	Recordkeeping	$1,748
AMERITAS LIFE INSURANCE CORP1 year Filed as: AMERITAS LIFE INSURANCE CORP. Service code 15 · EIN 47-0098400	Recordkeeping	$0
NYLE S. BERKES3 years Service code 16 670 N. RIVER ST., SUITE 300 · PLAINS, PA 18705	Consulting	$0
THE GUARDIAN INSURANCE & ANNUITY CO4+ years Filed as: THE GUARDIAN INS & ANNUITY CO. INC. Service code 15 · EIN 13-2656036	Recordkeeping	$0

Plan features & details

Pension benefit codes2E2F2G2J2K3D3H

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.
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.
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

2 tripped

OpportunityLow participant contribution
Participant contribution per participant is in the bottom quintile of the peer cohort.
ComplianceCorrective distributions
Plan reported corrective distributions (failed ADP/ACP testing).

Expense breakdown

Schedule H Part II

Admin total

$14K

$196 / participant

Other / not subdivided$14K100.0%

% of EOY assets

0.332%

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: BAKER TILLY VIRCHOW KRAUSE, LLP
Auditor EIN: 390859910
Audit fees: (not subdivided)
Opinion code: Disclaimer

Metric

This plan

Peer set

Industry

Size

Avg account balance

$35,386

$57,350-38.3%

$83,849-57.8%

$64,186-44.9%

Participation rate

94.3%

68.6%+25.7pp

76.1%+18.1pp

69.6%+24.7pp

Annual return

-4.02%

11.38%-15.4pp

850.91%-854.9pp

7.63%-11.6pp

Employer contribution / active EE

$2,076

$2,545-18.4%

$3,631-42.8%

$2,381-12.8%

Participant deferral / active EE

$917

$2,993-69.4%

$4,082-77.5%

$3,470-73.6%

Admin fee / account holder

$118

$4,046-97.1%

$5,478-97.9%

$4,888-97.6%

Provider

Service type

Compensation

BAKER TILLY US, LLP1 year

Filed as: BAKER TILLY VIRCHOW KRAUSE, LLP

Service code 10

46 PUBLIC SQUARE, SUITE 400 · WILKES-BARRE, PA 18701

Accounting

$12,000

CREATIVE RETIREMENT SYSTEMS, INC.3 years

Service code 15 · EIN 31-1299207

25 MERCHANT ST., SUITE 135 · CINCINNATI, OH 45246

Recordkeeping

$1,748

AMERITAS LIFE INSURANCE CORP1 year

Filed as: AMERITAS LIFE INSURANCE CORP.

Service code 15 · EIN 47-0098400

Recordkeeping

NYLE S. BERKES3 years

Service code 16

670 N. RIVER ST., SUITE 300 · PLAINS, PA 18705

Consulting

THE GUARDIAN INSURANCE & ANNUITY CO4+ years

Filed as: THE GUARDIAN INS & ANNUITY CO. INC.

Service code 15 · EIN 13-2656036

Recordkeeping

DON E. BOWER, INC. 401(K) PLAN

Summary metrics

Benchmarksi

Analytics

Service providersi

Plan features & details

Opportunity flagsi

Expense breakdowni

Audit opinioni

DON E. BOWER, INC. 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