Retirement plan

BENEFIT PROVIDERS LLC MULTIPLE EMPLOYER RETIREMENT PLAN - BH MID ATLANTIC INC

Name: BH MID ATLANTIC INC - BENEFIT PROVIDERS LLC MULTIPLE EMPLOYER RETIREMENT PLAN - BH MID ATLANTIC INC (2017) Form 5500
Creator: BH MID ATLANTIC INC
License: https://www.dol.gov/general/disclaim
Keywords: Form 5500, ERISA, retirement plan, BENEFIT PROVIDERS LLC MULTIPLE EMPLOYER RETIREMENT PLAN - BH MID ATLANTIC INC, BH MID ATLANTIC INC

BH MID ATLANTIC INCEIN 26-2776191Plan #333PY 2017

9104 INDUSTRY DR - MANASSAS PARK, VA 201114832703-257-7555mrnussbaum.comLinkedIn11-50 employeesconstruction

Prospect flagsHigh feesLow participation

How to read this page

Total assets (EOY)

$68K

+4.2% from 2016

Total participants

+8.3% from 2016

Average account balance

$16,957

+4.2% from 2016

Annual return

16.64%

+9.80 pp from 2016

Benchmarks

See 37,231 peers

Peer group

Industry23 - Construction

Plan typeDefined contribution

Participants<25

Cohort37,231 peers

Snapshot2017

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

Analytics

Total assets (EOY)

Plan-year ending balance

$499K

Not enough data

1 years with asset history on file

Average account balance

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

$13K

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.

77.1%

Not enough data

1 years with eligibility data

Contributions (total)

Employer and participant dollars contributed each year

$155K

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

+10.02%

Not enough data

1 years with return on file

Admin fee / account holder

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

$3808

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 codes2F2G2J3D

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.
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

2 tripped

OpportunityLow participation
Participation rate is below 70% (account-balance holders / active employees) - enrollment or auto-enroll opportunity.
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

$27K

$27438 / participant

Other / not subdivided$27K100.0%

% of EOY assets

40.452%

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

$16,957

$106,003-84.0%

$92,236-81.6%

$147,585-88.5%

Participation rate

0.0%

80.4%-80.4pp

76.5%-76.5pp

82.8%-82.8pp

Annual return

16.64%

50.05%-33.4pp

176.29%-159.6pp

578.57%-561.9pp

Employer contribution / active EE

$7,109

$4,333+64.1%

$3,679+93.2%

$4,876+45.8%

Participant deferral / active EE

$11,801

$4,478+163.5%

$3,897+202.8%

$5,439+117.0%

Admin fee / account holder

$6,860

$6,333+8.3%

$5,194+32.1%

$10,885-37.0%

BENEFIT PROVIDERS LLC MULTIPLE EMPLOYER RETIREMENT PLAN - BH MID ATLANTIC INC

Summary metrics

Benchmarksi

Analytics

Service providersi

Plan features & details

Opportunity flagsi

Expense breakdowni

Audit opinioni

BENEFIT PROVIDERS LLC MULTIPLE EMPLOYER RETIREMENT PLAN - BH MID ATLANTIC INC

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