Retirement plan

BCTGM LOCAL 6 AND PARTICIPATING EMPLOYERS PROFIT SHARING PLAN

Name: TRUSTEES OF BCTGM LOCAL 6 & PART EMPLOYERS PROFIT SHARING PLAN - BCTGM LOCAL 6 AND PARTICIPATING EMPLOYERS PROFIT SHARING PLAN (2015) Form 5500
Creator: TRUSTEES OF BCTGM LOCAL 6 & PART EMPLOYERS PROFIT SHARING PLAN
License: https://www.dol.gov/general/disclaim
Keywords: Form 5500, ERISA, retirement plan, BCTGM LOCAL 6 AND PARTICIPATING EMPLOYERS PROFIT SHARING PLAN, TRUSTEES OF BCTGM LOCAL 6 & PART EMPLOYERS PROFIT SHARING PLAN

TRUSTEES OF BCTGM LOCAL 6 & PART EMPLOYERS PROFIT SHARING PLANEIN 23-2972313Plan #001PY 2015

601 DRESHER ROAD, STE 103 - HORSHAM, PA 190442007914-627-3695

Prospect flagsLow assets / participant

How to read this page

Total assets (EOY)

$33M

No prior year

Total participants

2,177

No prior year

Average account balance

$15,241

No prior year

Annual return

0.73%

No prior year

Benchmarks

See 601 peers

Peer group

Industry31 - Manufacturing

Plan typeDefined contribution

Participants250-999

Cohort601 peers

Snapshot2015

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

Analytics

Total assets (EOY)

Plan-year ending balance

$43.81M

Not enough data

1 years with asset history on file

Average account balance

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

$16K

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.

2,775

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

$3.02M

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

+14.55%

Not enough data

1 years with return on file

Admin fee / account holder

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

$142

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 7 by compensation

Provider	Service type	Compensation
TRANSAMERICA RETIREMENT SOLUTIONS1+ years Service code 12 · EIN 13-3689044	Direct payment from the plan; Investm...	$196,552
CADARET GRANT & CO INC1+ years Filed as: CADARET GRANT & CO., INC. Service code 16 · EIN 22-2361254	Consulting	$65,013
MADISON CONSULTING GROUP1+ years Filed as: MADISON CONSULTING GROUP LLC Service code 15 · EIN 06-1637187	Recordkeeping	$24,453
ABATO, RUBENSTEIN & ABATO1+ years Filed as: ABATO, RUBENSTEIN AND ABATO, P.A. Service code 29 809 GLENEAGLES COURT, SUITE 320 · BALTIMORE, MD 21286	Legal	$21,947
ARMAO LLP1+ years Service code 10 · EIN 46-2754053	Accounting	$11,000
MID ATLANTIC CAPITAL CORPORATION1+ years Service code 33 · EIN 25-1409618	Securities brokerage commissions and ...	$0
NATIONAL FINANCIAL SERVICES1+ years Service code 33 · EIN 04-3523567	Securities brokerage; Securities brok...	$0

Plan features & details

Pension benefit codes2E2G2J

Plan features

2E
Profit-sharing
Profit-sharing plan.
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.

Opportunity flags

1 tripped

OpportunityLow assets / participant
Assets per participant are in the bottom quintile of the peer cohort - savings-rate / match opportunity.

Expense breakdown

Schedule H Part II

Admin total

$373K

$380 / participant

Investment mgmt$65K17.4%
Contract admin$221K59.3%
Other / not subdivided$87K23.3%

% of EOY assets

1.129%

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: ARMAO LLP
Auditor EIN: 462754053
Audit fees: (not subdivided)
Opinion code: Unqualified

Metric

This plan

Peer set

Industry

Size

Avg account balance

$15,241

$48,277-68.4%

$63,244-75.9%

$55,191-72.4%

Participation rate

99.0%

69.4%+29.6pp

71.0%+27.9pp

69.2%+29.8pp

Annual return

0.73%

2.37%-1.6pp

-70.31%+71.0pp

10.78%-10.1pp

Employer contribution / active EE

$1,064

$1,592-33.2%

$2,322-54.2%

$1,899-44.0%

Participant deferral / active EE

$1,021

$2,432-58.0%

$2,953-65.4%

$3,046-66.5%

Admin fee / account holder

$172

$86+100.1%

$5,893-97.1%

$91+89.5%

Provider

Service type

Compensation

TRANSAMERICA RETIREMENT SOLUTIONS1+ years

Service code 12 · EIN 13-3689044

Direct payment from the plan; Investm...

$196,552

CADARET GRANT & CO INC1+ years

Filed as: CADARET GRANT & CO., INC.

Service code 16 · EIN 22-2361254

Consulting

$65,013

MADISON CONSULTING GROUP1+ years

Filed as: MADISON CONSULTING GROUP LLC

Service code 15 · EIN 06-1637187

Recordkeeping

$24,453

ABATO, RUBENSTEIN & ABATO1+ years

Filed as: ABATO, RUBENSTEIN AND ABATO, P.A.

Service code 29

809 GLENEAGLES COURT, SUITE 320 · BALTIMORE, MD 21286

Legal

$21,947

ARMAO LLP1+ years

Service code 10 · EIN 46-2754053

Accounting

$11,000

MID ATLANTIC CAPITAL CORPORATION1+ years

Service code 33 · EIN 25-1409618

Securities brokerage commissions and ...

NATIONAL FINANCIAL SERVICES1+ years

Service code 33 · EIN 04-3523567

Securities brokerage; Securities brok...

BCTGM LOCAL 6 AND PARTICIPATING EMPLOYERS PROFIT SHARING PLAN

Summary metrics

Benchmarksi

Analytics

Service providersi

Plan features & details

Opportunity flagsi

Expense breakdowni

Audit opinioni

BCTGM LOCAL 6 AND PARTICIPATING EMPLOYERS PROFIT SHARING 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