Retirement plan

C & B MARINE, LLC 401(K) PLAN

Name: C & B MARINE, LLC - C & B MARINE, LLC 401(K) PLAN (2017) Form 5500
Creator: C & B MARINE, LLC
License: https://www.dol.gov/general/disclaim
Keywords: Form 5500, ERISA, retirement plan, C & B MARINE, LLC 401(K) PLAN, C & B MARINE, LLC

C & B MARINE, LLCEIN 27-5200762Plan #001PY 2017

50 E RIVERCENTER BLVD STE 1180 - COVINGTON, KY 410111682859-746-2666

Prospect flagsHigh feesRecently reached 100 employees

How to read this page

Total assets (EOY)

$3.6M

+15.7% from 2016

Total participants

135

+3.1% from 2016

Average account balance

$32,662

-4.1% from 2016

Annual return

13.89%

+6.82 pp from 2016

Benchmarks

See 4,147 peers

Peer group

Industry33 - Manufacturing

Plan typeDefined contribution

Participants100-249

Cohort4,147 peers

Snapshot2017

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

Analytics

Total assets (EOY)

Plan-year ending balance

$8.53M

Not enough data

1 years with asset history on file

Average account balance

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

$76K

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.

112

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.

49.3%

Not enough data

1 years with eligibility data

Contributions (total)

Employer and participant dollars contributed each year

$955K

Not enough data

1 years with contributions on file

Contributions per participant

Average employer and participant contribution per enrolled participant

$5K

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

+12.50%

Not enough data

1 years with return on file

Admin fee / account holder

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

$617

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 4 by compensation

Provider	Service type	Compensation
PENSION CORPORATION OF AMERICA3+ years Service code 15 · EIN 31-1360674	Recordkeeping	$26,899
MCF ADVISORS LLC3+ years Service code 27 50 E RIVERCENTER BLVD, STE 300 · COVINGTON, KY 41011	Advisory (Plan)	$16,439
CHARLES SCHWAB & CO., INC.3+ years Service code 59	Shareholder Servicing	$0
CHARLES SCHWAB & CO., INC.3+ years Filed as: CHARLES SCHWAB TRUST COMPANY Service code 28 · EIN 42-1558009	Investment Management	$0

Plan features & details

Pension benefit codes2E2J2K2F2G3D3H

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.
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

OpportunityHigh fees
Administrative expenses exceed $300 per participant per year - possible fee-review opportunity. (Recordkeeping / audit / legal; excludes investment management.)
InformationalRecently reached 100 employees
Sponsor crossed the 100-balance-holder threshold in the most recent filing - large-plan audit requirement now applies.

Expense breakdown

Schedule H Part II

Admin total

$43K

$347 / participant

Contract admin$27K62.1%
Other / not subdivided$16K37.9%

% of EOY assets

1.195%

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: BARNES, DENNIG & CO.
Auditor EIN: 311119890
Audit fees: (not subdivided)
Opinion code: Disclaimer

Metric

This plan

Peer set

Industry

Size

Avg account balance

$32,662

$64,909-49.7%

$82,313-60.3%

$62,293-47.6%

Participation rate

80.8%

74.9%+5.9pp

76.9%+3.9pp

69.5%+11.3pp

Annual return

13.89%

21.18%-7.3pp

25.88%-12.0pp

28.90%-15.0pp

Employer contribution / active EE

$1,923

$1,676+14.7%

$2,428-20.8%

$2,042-5.9%

Participant deferral / active EE

$3,191

$3,103+2.8%

$3,706-13.9%

$3,169+0.7%

Admin fee / account holder

$390

$440-11.2%

$5,608-93.0%

$479-18.5%

Provider

Service type

Compensation

PENSION CORPORATION OF AMERICA3+ years

Service code 15 · EIN 31-1360674

Recordkeeping

$26,899

MCF ADVISORS LLC3+ years

Service code 27

50 E RIVERCENTER BLVD, STE 300 · COVINGTON, KY 41011

Advisory (Plan)

$16,439

CHARLES SCHWAB & CO., INC.3+ years

Service code 59

Shareholder Servicing

CHARLES SCHWAB & CO., INC.3+ years

Filed as: CHARLES SCHWAB TRUST COMPANY

Service code 28 · EIN 42-1558009

Investment Management

C & B MARINE, LLC 401(K) PLAN

Summary metrics

Benchmarksi

Analytics

Service providersi

Plan features & details

Opportunity flagsi

Expense breakdowni

Audit opinioni

C & B MARINE, LLC 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