Retirement plan

BOSSELMAN EMPLOYEE RETIREMENT PLAN

Name: BOSSELMAN ADMINISTRATIVE SERVICES, INC. - BOSSELMAN EMPLOYEE RETIREMENT PLAN (2017) Form 5500
Creator: BOSSELMAN ADMINISTRATIVE SERVICES, INC.
License: https://www.dol.gov/general/disclaim
Keywords: Form 5500, ERISA, retirement plan, BOSSELMAN EMPLOYEE RETIREMENT PLAN, BOSSELMAN ADMINISTRATIVE SERVICES, INC.

BOSSELMAN ADMINISTRATIVE SERVICES, INC.EIN 27-1843513Plan #001PY 2017

1607 S. LOCUST, STE A, P.O. BOX 4905 - GRAND ISLAND, NE 68801308-382-5501LinkedIn1001-5000 employeesinvestment management

Prospect flagsLow participationLow participant contributionCorrective distributions

How to read this page

Total assets (EOY)

$8.6M

+17.2% from 2016

Total participants

986

-16.6% from 2016

Average account balance

$26,079

+52.9% from 2016

Annual return

14.60%

+7.21 pp from 2016

Benchmarks

See 1,218 peers

Peer group

Industry44 - Retail Trade

Plan typeDefined contribution

Participants250-999

Cohort1,218 peers

Snapshot2017

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

Analytics

Total assets (EOY)

Plan-year ending balance

$14.46M

Not enough data

1 years with asset history on file

Average account balance

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

$40K

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.

362

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.

30.9%

Not enough data

1 years with eligibility data

Contributions (total)

Employer and participant dollars contributed each year

$1.57M

Not enough data

1 years with contributions on file

Contributions per participant

Average employer and participant contribution per enrolled participant

$2K

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

+11.77%

Not enough data

1 years with return on file

Admin fee / account holder

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

$262

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 3 by compensation

Provider	Service type	Compensation
CAMBRIDGE INVESTMENT RESEARCH2 years Filed as: CAMBRIDGE INVESTMENT Service code 27 · EIN 39-1897480	Advisory (Plan)	$19,018
TRANSAMERICA RETIREMENT SOLUTIONS3+ years Filed as: TRANSAMERICA LIFE INSURANCE COMPANY Service code 15 · EIN 39-0989781	Recordkeeping	$8,241
LUTZ & COMPANY, PC1 year Filed as: LUTZ & COMPANY Service code 10 · EIN 47-0625816	Accounting	$6,500

Plan features & details

Pension benefit codes2E2F2G2J2K2T3D3H

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.
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.
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

3 tripped

OpportunityLow participation
Participation rate is below 70% (account-balance holders / active employees) - enrollment or auto-enroll opportunity.
OpportunityLow participant contribution
Participant contribution per participant is in the bottom quintile of the peer cohort.
ComplianceCorrective distributions
Plan reported corrective distributions (failed ADP/ACP testing).

Expense breakdown

Schedule H Part II

Admin total

$34K

$36 / participant

Investment mgmt$19K56.3%
Other / not subdivided$15K43.7%

% of EOY assets

0.395%

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: LUTZ & COMPANY, P.C.
Auditor EIN: 470625816
Audit fees: (not subdivided)
Opinion code: Disclaimer

Metric

This plan

Peer set

Industry

Size

Avg account balance

$26,079

$48,064-45.7%

$78,778-66.9%

$69,631-62.5%

Participation rate

29.6%

61.6%-32.0pp

69.2%-39.6pp

70.7%-41.1pp

Annual return

14.60%

21.81%-7.2pp

35.62%-21.0pp

27571.02%-27556.4pp

Employer contribution / active EE

$230

$744-69.1%

$1,986-88.4%

$2,032-88.7%

Participant deferral / active EE

$701

$2,079-66.3%

$2,958-76.3%

$3,224-78.3%

Admin fee / account holder

$103

$152-32.3%

$5,134-98.0%

$110-6.8%

Provider

Service type

Compensation

CAMBRIDGE INVESTMENT RESEARCH2 years

Filed as: CAMBRIDGE INVESTMENT

Service code 27 · EIN 39-1897480

Advisory (Plan)

$19,018

TRANSAMERICA RETIREMENT SOLUTIONS3+ years

Filed as: TRANSAMERICA LIFE INSURANCE COMPANY

Service code 15 · EIN 39-0989781

Recordkeeping

$8,241

LUTZ & COMPANY, PC1 year

Filed as: LUTZ & COMPANY

Service code 10 · EIN 47-0625816

Accounting

$6,500

BOSSELMAN EMPLOYEE RETIREMENT PLAN

Summary metrics

Benchmarksi

Analytics

Service providersi

Plan features & details

Opportunity flagsi

Expense breakdowni

Audit opinioni

BOSSELMAN EMPLOYEE RETIREMENT 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