Retirement plan

BEST LINE LEASING, INC. 401(K) PLAN

Name: BEST LINE LEASING, INC. - BEST LINE LEASING, INC. 401(K) PLAN (2016) Form 5500
Creator: BEST LINE LEASING, INC.
License: https://www.dol.gov/general/disclaim
Keywords: Form 5500, ERISA, retirement plan, BEST LINE LEASING, INC. 401(K) PLAN, BEST LINE LEASING, INC.

BEST LINE LEASING, INC.EIN 23-2377559Plan #001PY 2016

2582 GATEWAY DRIVE - STATE COLLEGE, PA 16801814-272-2508bestlineinc.comLinkedIn201-500 employeescomputer software

Prospect flagsNo flags tripped

How to read this page

Total assets (EOY)

$10M

+21.7% from 2015

Total participants

340

+1.2% from 2015

Average account balance

$32,308

+11.9% from 2015

Annual return

10.16%

+13.45 pp from 2015

Benchmarks

See 542 peers

Peer group

Industry53 - Real Estate and Rental and Leasing

Plan typeDefined contribution

Participants250-999

Cohort542 peers

Snapshot2016

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

Analytics

Total assets (EOY)

Plan-year ending balance

$31.33M

Not enough data

1 years with asset history on file

Average account balance

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

$71K

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.

441

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.

90.0%

Not enough data

1 years with eligibility data

Contributions (total)

Employer and participant dollars contributed each year

$2.70M

Not enough data

1 years with contributions on file

Contributions per participant

Average employer and participant contribution per enrolled participant

$7K

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

+12.20%

Not enough data

1 years with return on file

Admin fee / account holder

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

$373

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 4 by compensation

Provider	Service type	Compensation
MASSACHUSETTS MUTUAL LIFE INS. CO.2+ years Filed as: MASSACHUSETTS MUTUAL LIFE INS CO Service code 52 · EIN 04-1590850	Indirect Investment Fees	$56,683
FARMERS & MERCHANTS TRUST COMPANY O2+ years Filed as: FARMERS & MERCHANTS TRUST CO Service code 27 · EIN 23-0570230	Advisory (Plan)	$26,925
ALLIANCE PENSION CONSULTANTS, LLC2+ years Filed as: THE PARAGON ALLIANCE GROUP, LLC Service code 13	Contract Administrator	$5,532
ALLIANCE PENSION CONSULTANTS, LLC2+ years Filed as: THE PARAGON ALLIANCE GROUP LLC Service code 13 · EIN 23-3044062	Contract Administrator	$0

Plan features & details

Pension benefit codes2E2F2G2J2K3D

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.

Opportunity flags

0 tripped

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

Expense breakdown

Schedule H Part II

Admin total

$57K

$184 / participant

Contract admin$57K100.0%

% of EOY assets

0.566%

all-in expense ratio

Categories reported

1 / 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

$32,308

$42,582-24.1%

$171,082-81.1%

$57,658-44.0%

Participation rate

90.3%

63.9%+26.4pp

76.7%+13.6pp

70.2%+20.0pp

Annual return

10.16%

308.67%-298.5pp

32.56%-22.4pp

5.13%+5.0pp

Employer contribution / active EE

$1,194

$1,306-8.6%

$4,002-70.2%

$1,974-39.5%

Participant deferral / active EE

$3,914

$2,933+33.4%

$4,797-18.4%

$3,061+27.9%

Admin fee / account holder

$183

$82+122.1%

$8,520-97.9%

$95+93.4%

Provider

Service type

Compensation

MASSACHUSETTS MUTUAL LIFE INS. CO.2+ years

Filed as: MASSACHUSETTS MUTUAL LIFE INS CO

Service code 52 · EIN 04-1590850

Indirect Investment Fees

$56,683

FARMERS & MERCHANTS TRUST COMPANY O2+ years

Filed as: FARMERS & MERCHANTS TRUST CO

Service code 27 · EIN 23-0570230

Advisory (Plan)

$26,925

ALLIANCE PENSION CONSULTANTS, LLC2+ years

Filed as: THE PARAGON ALLIANCE GROUP, LLC

Service code 13

Contract Administrator

$5,532

ALLIANCE PENSION CONSULTANTS, LLC2+ years

Filed as: THE PARAGON ALLIANCE GROUP LLC

Service code 13 · EIN 23-3044062

Contract Administrator

BEST LINE LEASING, INC. 401(K) PLAN

Summary metrics

Benchmarksi

Analytics

Service providersi

Plan features & details

Opportunity flagsi

Expense breakdowni

Audit opinioni

BEST LINE LEASING, 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