Retirement plan

BCTGM LOCAL 6 & PARTICIPATING EMPLOYERS PROFIT SHARING PLAN

Name: TRUSTEES OF LOCAL 6 & PARTICIPATING EMPLOYERS PROFIT SHARING PLAN - BCTGM LOCAL 6 & PARTICIPATING EMPLOYERS PROFIT SHARING PLAN (2017) Form 5500
Creator: TRUSTEES OF LOCAL 6 & PARTICIPATING EMPLOYERS PROFIT SHARING PLAN
License: https://www.dol.gov/general/disclaim
Keywords: Form 5500, ERISA, retirement plan, BCTGM LOCAL 6 & PARTICIPATING EMPLOYERS PROFIT SHARING PLAN, TRUSTEES OF LOCAL 6 & PARTICIPATING EMPLOYERS PROFIT SHARING PLAN

TRUSTEES OF LOCAL 6 & PARTICIPATING EMPLOYERS PROFIT SHARING PLANEIN 23-2972313Plan #001PY 2017

601 DRESHER ROAD, SUITE 103 - HORSHAM, PA 190442007267-387-6383

Prospect flagsLow returnsLow assets / participant

How to read this page

Total assets (EOY)

$36M

+6.1% from 2016

Total participants

2,018

+1.0% from 2016

Average account balance

$17,863

+4.9% from 2016

Annual return

12.70%

+7.09 pp from 2016

Benchmarks

See 684 peers

Peer group

Industry31 - Manufacturing

Plan typeDefined contribution

Participants250-999

Cohort684 peers

Snapshot2017

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

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Service providers

Top 8 by compensation

Provider	Service type	Compensation
TRANSAMERICA RETIREMENT SOLUTIONS3+ years Service code 12 · EIN 13-3689044 6400 C STREET SW - MAIL STOP E1 CR · CEDAR RAPIDS, IA 52499	Participant communication; Account ma...	$144,013
CADARET GRANT & CO INC3+ years Filed as: CADARET GRANT & CO., INC. Service code 16 · EIN 22-2361254 ONE LINCOLN CENTER 14TH FLOOR · SYRACUSE, NY 31202	Consulting	$91,281
ABATO, RUBENSTEIN & ABATO3+ years Filed as: ABATO, RUBENSTEIN AND ABATO, P.A. Service code 29 · EIN 52-0904713 809 GLENEAGLES COURT SUITE 320 · BALTIMORE, MD 21286	Legal	$16,628
ARMAO LLP3+ years Service code 10 · EIN 46-2754053 100 QUENTIN ROOSEVELT BLVD 209 · GARDEN CITY, NY 11530	Accounting	$15,650
MADISON CONSULTING GROUP3+ years Filed as: MADISON CONSULTING GROUP LLC Service code 15 · EIN 06-1637187 118 NORTH BEDFORD ROAD SUITE 100 · MOUNT KISCO, NY 10549	Recordkeeping	$15,000
IFEBP1 year Service code 15 · EIN 39-1034021	Recordkeeping	$5,070
MID ATLANTIC CAPITAL CORPORATION3+ years Service code 33 · EIN 25-1409618	Securities brokerage commissions and ...	$0
NATIONAL FINANCIAL SERVICES3+ years Service code 33 · EIN 04-3523567	Securities brokerage; Securities brok...	$0

Plan features & details

Pension benefit codes2E2F2G2J

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.

Opportunity flags

2 tripped

OpportunityLow returns
Annual investment return is in the bottom quintile of the peer cohort.
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

$313K

$318 / participant

Investment mgmt$91K29.2%
Other / not subdivided$222K70.8%

% of EOY assets

0.868%

all-in expense ratio

Categories reported

1 / 9

subdivided buckets used

Audit opinion

Schedule H Part III

Unqualified opinion

Auditor signed off without reservation - the cleanest possible opinion.

Auditor firm: WAGNER & ZWERMAN, LLP
Auditor EIN: 112836481
Audit fees: (not subdivided)
Opinion code: Unqualified

Metric

This plan

Peer set

Industry

Size

Avg account balance

$17,863

$53,925-66.9%

$75,501-76.3%

$69,631-74.3%

Participation rate

100.0%

71.2%+28.8pp

72.4%+27.6pp

70.7%+29.3pp

Annual return

12.70%

17.84%-5.1pp

27.35%-14.6pp

27571.02%-27558.3pp

Employer contribution / active EE

$940

$1,802-47.8%

$2,352-60.0%

$2,032-53.7%

Participant deferral / active EE

$1,034

$2,569-59.8%

$3,142-67.1%

$3,224-67.9%

Admin fee / account holder

$155

$97+59.7%

$5,801-97.3%

$110+40.4%

Provider

Service type

Compensation

TRANSAMERICA RETIREMENT SOLUTIONS3+ years

Service code 12 · EIN 13-3689044

6400 C STREET SW - MAIL STOP E1 CR · CEDAR RAPIDS, IA 52499

Participant communication; Account ma...

$144,013

CADARET GRANT & CO INC3+ years

Filed as: CADARET GRANT & CO., INC.

Service code 16 · EIN 22-2361254

ONE LINCOLN CENTER 14TH FLOOR · SYRACUSE, NY 31202

Consulting

$91,281

ABATO, RUBENSTEIN & ABATO3+ years

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

Service code 29 · EIN 52-0904713

809 GLENEAGLES COURT SUITE 320 · BALTIMORE, MD 21286

Legal

$16,628

ARMAO LLP3+ years

Service code 10 · EIN 46-2754053

100 QUENTIN ROOSEVELT BLVD 209 · GARDEN CITY, NY 11530

Accounting

$15,650

MADISON CONSULTING GROUP3+ years

Filed as: MADISON CONSULTING GROUP LLC

Service code 15 · EIN 06-1637187

118 NORTH BEDFORD ROAD SUITE 100 · MOUNT KISCO, NY 10549

Recordkeeping

$15,000

IFEBP1 year

Service code 15 · EIN 39-1034021

Recordkeeping

$5,070

MID ATLANTIC CAPITAL CORPORATION3+ years

Service code 33 · EIN 25-1409618

Securities brokerage commissions and ...

NATIONAL FINANCIAL SERVICES3+ years

Service code 33 · EIN 04-3523567

Securities brokerage; Securities brok...

BCTGM LOCAL 6 & PARTICIPATING EMPLOYERS PROFIT SHARING PLAN

Summary metrics

Benchmarksi

Analytics

Service providersi

Plan features & details

Opportunity flagsi

Expense breakdowni

Audit opinioni

BCTGM LOCAL 6 & 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