Retirement plan

THE BLACK BOX CORPORATION 401(K) SAVINGS PLAN

Name: BLACK BOX CORPORATION OF PENNSYLVANIA - THE BLACK BOX CORPORATION 401(K) SAVINGS PLAN (2017) Form 5500
Creator: BLACK BOX CORPORATION OF PENNSYLVANIA
License: https://www.dol.gov/general/disclaim
Keywords: Form 5500, ERISA, retirement plan, THE BLACK BOX CORPORATION 401(K) SAVINGS PLAN, BLACK BOX CORPORATION OF PENNSYLVANIA

BLACK BOX CORPORATION OF PENNSYLVANIAEIN 25-1272662Plan #001PY 2017

1000 PARK DRIVE - LAWRENCE, PA 150551018724-873-6501LinkedIn1-10 employeesmanagement consulting

Prospect flagsFailed to transmit contributionsCorrective distributions

How to read this page

Total assets (EOY)

$270.7M

+11.5% from 2016

Total participants

3,663

-1.4% from 2016

Average account balance

$80,278

+12.2% from 2016

Annual return

17.00%

-218.13 pp from 2016

Benchmarks

See 101 peers

Peer group

Industry45 - Retail Trade

Plan typeDefined contribution

Participants1,000-4,999

Cohort101 peers

Snapshot2017

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

Analytics

Total assets (EOY)

Plan-year ending balance

$254.76M

Not enough data

1 years with asset history on file

Average account balance

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

$104K

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.

2,451

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.

93.2%

Not enough data

1 years with eligibility data

Contributions (total)

Employer and participant dollars contributed each year

$11.36M

Not enough data

1 years with contributions on file

Contributions per participant

Average employer and participant contribution per enrolled participant

$8K

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

+14.69%

Not enough data

1 years with return on file

Admin fee / account holder

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

$120

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 6 by compensation

Provider	Service type	Compensation
DIMEO SCHNEIDER & ASSOCIATES LLC3+ years Service code 28 · EIN 36-4001764	Investment Management	$58,177
URISH POPECK & CO., LLC2 years Service code 10 · EIN 25-1306171	Accounting	$20,912
CHARLES SCHWAB & CO., INC.1 year Filed as: SCHWAB RET. PLAN SERVICES, INC Service code 15 · EIN 34-1479833	Recordkeeping	$16,463
CHARLES SCHWAB & CO., INC.3+ years Filed as: CHARLES SCHWAB BANK Service code 25 · EIN 42-1558009	Directed Trustee	$19
CHARLES SCHWAB & CO., INC.3+ years Filed as: CHARLES SCHWAB & CO AND AFFILIATES Service code 59	Shareholder Servicing	$0
CHARLES SCHWAB & CO., INC.3+ years Service code 59 · EIN 94-1737782	Shareholder Servicing	$0

Plan features & details

Pension benefit codes2F2G2J2K2S2T3D3H

Plan features

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.
2S
Automatic enrollment
Plan provides for automatic enrollment in plan that has elective contributions deducted from payroll.
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.
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

ComplianceFailed to transmit contributions
Form 5500 reported a failure to timely transmit participant contributions (Schedule H line 4a).
ComplianceCorrective distributions
Plan reported corrective distributions (failed ADP/ACP testing).

Expense breakdown

Schedule H Part II

Admin total

$96K

$37 / participant

Investment mgmt$58K60.9%
Other / not subdivided$37K39.1%

% of EOY assets

0.035%

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: URISH POPECK & CO, LLC
Auditor EIN: 251306171
Audit fees: (not subdivided)
Opinion code: Disclaimer

Metric

This plan

Peer set

Industry

Size

Avg account balance

$80,278

$37,245+115.5%

$94,993-15.5%

$77,958+3.0%

Participation rate

88.6%

56.5%+32.1pp

73.9%+14.7pp

71.6%+17.0pp

Annual return

17.00%

22.72%-5.7pp

27.12%-10.1pp

20.87%-3.9pp

Employer contribution / active EE

$834

$894-6.7%

$2,603-67.9%

$2,310-63.9%

Participant deferral / active EE

$5,372

$1,828+193.8%

$3,317+61.9%

$3,537+51.9%

Admin fee / account holder

$28

$59-52.0%

$4,960-99.4%

$97-70.9%

Provider

Service type

Compensation

DIMEO SCHNEIDER & ASSOCIATES LLC3+ years

Service code 28 · EIN 36-4001764

Investment Management

$58,177

URISH POPECK & CO., LLC2 years

Service code 10 · EIN 25-1306171

Accounting

$20,912

CHARLES SCHWAB & CO., INC.1 year

Filed as: SCHWAB RET. PLAN SERVICES, INC

Service code 15 · EIN 34-1479833

Recordkeeping

$16,463

CHARLES SCHWAB & CO., INC.3+ years

Filed as: CHARLES SCHWAB BANK

Service code 25 · EIN 42-1558009

Directed Trustee

$19

CHARLES SCHWAB & CO., INC.3+ years

Filed as: CHARLES SCHWAB & CO AND AFFILIATES

Service code 59

Shareholder Servicing

CHARLES SCHWAB & CO., INC.3+ years

Service code 59 · EIN 94-1737782

Shareholder Servicing

THE BLACK BOX CORPORATION 401(K) SAVINGS PLAN

Summary metrics

Benchmarksi

Analytics

Service providersi

Plan features & details

Opportunity flagsi

Expense breakdowni

Audit opinioni

THE BLACK BOX CORPORATION 401(K) SAVINGS 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