Retirement plan

BELLEFIELD BOILER PLANT COOPERATIVE 401(K) PLAN

Name: BELLEFIELD BOILER PLANT COOPERATIVE - BELLEFIELD BOILER PLANT COOPERATIVE 401(K) PLAN (2021) Form 5500
Creator: BELLEFIELD BOILER PLANT COOPERATIVE
License: https://www.dol.gov/general/disclaim
Keywords: Form 5500, ERISA, retirement plan, BELLEFIELD BOILER PLANT COOPERATIVE 401(K) PLAN, BELLEFIELD BOILER PLANT COOPERATIVE

BELLEFIELD BOILER PLANT COOPERATIVEEIN 25-0965575Plan #002PY 2021

4400 FORBES AVE - PITTSBURGH, PA 152134007412-622-3180

Prospect flagsHigh fees

How to read this page

Total assets (EOY)

$3.5M

-0.4% from 2020

Total participants

+6.7% from 2020

Average account balance

$231,997

-7.1% from 2020

Annual return

12.15%

+2.01 pp from 2020

Benchmarks

See 1,525 peers

Peer group

Industry22 - Utilities

Plan typeDefined contribution

Participants<25

Cohort1,525 peers

Snapshot2021

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

Analytics

Total assets (EOY)

Plan-year ending balance

$2.80M

Not enough data

1 years with asset history on file

Average account balance

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

$215K

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.

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.

108.3%

Not enough data

1 years with eligibility data

Contributions (total)

Employer and participant dollars contributed each year

$189K

Not enough data

1 years with contributions on file

Contributions per participant

Average employer and participant contribution per enrolled participant

$16K

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

+13.78%

Not enough data

1 years with return on file

Admin fee / account holder

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

$8126

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

0 years with F_SCH_H allocation on file

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

Service providers

Providers data not reported

Schedule C was not filed on this plan's most recent Form 5500, so no compensated service providers are available to display.

Plan features & details

Pension benefit codes2E2G2J2T3D

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.
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

1 tripped

OpportunityHigh fees
Administrative expenses exceed $300 per participant per year - possible fee-review opportunity. (Recordkeeping / audit / legal; excludes investment management.)

Expense breakdown

Schedule H Part II

Admin total

$597K

$42631 / participant

Other / not subdivided$597K100.0%

% of EOY assets

17.151%

all-in expense ratio

Categories reported

0 / 9

subdivided buckets used

Audit opinion

Schedule H Part III

No opinion code on file for this filing.

Auditor firm: (not reported)
Auditor EIN: -
Audit fees: (not subdivided)
Opinion code: -

Metric

This plan

Peer set

Industry

Size

Avg account balance

$231,997

$114,237+103.1%

$119,258+94.5%

$167,536+38.5%

Participation rate

92.9%

83.7%+9.1pp

82.7%+10.1pp

82.1%+10.7pp

Annual return

12.15%

29.87%-17.7pp

30.69%-18.5pp

478.82%-466.7pp

Employer contribution / active EE

$5,253

$4,481+17.2%

$4,384+19.8%

$4,839+8.6%

Participant deferral / active EE

$5,421

$6,084-10.9%

$6,111-11.3%

$6,342-14.5%

Admin fee / account holder

$39,789

$8,932+345.5%

$7,226+450.7%

$12,315+223.1%

BELLEFIELD BOILER PLANT COOPERATIVE 401(K) PLAN

Summary metrics

Benchmarksi

Analytics

Service providersi

Plan features & details

Opportunity flagsi

Expense breakdowni

Audit opinioni

BELLEFIELD BOILER PLANT COOPERATIVE 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