Retirement plan

BK TILE & STONE, INC. 401(K) PROFIT SHARING PLAN AND TRUST

Name: BK TILE & STONE, INC. - BK TILE & STONE, INC. 401(K) PROFIT SHARING PLAN AND TRUST (2024) Form 5500
Creator: BK TILE & STONE, INC.
License: https://www.dol.gov/general/disclaim
Keywords: Form 5500, ERISA, retirement plan, BK TILE & STONE, INC. 401(K) PROFIT SHARING PLAN AND TRUST, BK TILE & STONE, INC.

BK TILE & STONE, INC.EIN 27-2513673Plan #001PY 2024

215 BLACK MEADOW ROAD - CHESTER, NY 10918845-210-3535bktile-stone.comLinkedIn51-200 employeesconstruction

Prospect flagsHigh fees

How to read this page

Total assets (EOY)

$853K

+33.6% from 2023

Total participants

0.0% from 2023

Average account balance

$65,627

+23.3% from 2023

Annual return

14.02%

-1.54 pp from 2023

Benchmarks

See 54,805 peers

Peer group

Industry23 - Construction

Plan typeDefined contribution

Participants<25

Cohort54,805 peers

Snapshot2024

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

Analytics

Total assets (EOY)

Plan-year ending balance

$853K

Not enough data

1 years with asset history on file

Average account balance

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

$66K

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.

88.9%

Not enough data

1 years with eligibility data

Contributions (total)

Employer and participant dollars contributed each year

$125K

Not enough data

1 years with contributions on file

Contributions per participant

Average employer and participant contribution per enrolled participant

$14K

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

+14.02%

Not enough data

1 years with return on file

Admin fee / account holder

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

$461

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 codes2E2J

Plan features

2E
Profit-sharing
Profit-sharing plan.
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

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

$6K

$665 / participant

Other / not subdivided$6K100.0%

% of EOY assets

0.702%

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

$65,627

$110,379-40.5%

$102,412-35.9%

$145,884-55.0%

Participation rate

88.9%

77.9%+11.0pp

74.5%+14.4pp

80.3%+8.6pp

Annual return

14.02%

24.84%-10.8pp

24.94%-10.9pp

551.85%-537.8pp

Employer contribution / active EE

$3,446

$4,216-18.3%

$3,870-10.9%

$4,662-26.1%

Participant deferral / active EE

$10,421

$5,622+85.4%

$5,060+105.9%

$6,690+55.8%

Admin fee / account holder

$461

$9,745-95.3%

$8,388-94.5%

$13,392-96.6%

BK TILE & STONE, INC. 401(K) PROFIT SHARING PLAN AND TRUST

Summary metrics

Benchmarksi

Analytics

Service providersi

Plan features & details

Opportunity flagsi

Expense breakdowni

Audit opinioni

BK TILE & STONE, INC. 401(K) PROFIT SHARING PLAN AND TRUST

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