Retirement plan

BULK/ALBANY/SPUR 401K PLAN

Name: BULK TRANSIT CORPORATION - BULK/ALBANY/SPUR 401K PLAN (2017) Form 5500
Creator: BULK TRANSIT CORPORATION
License: https://www.dol.gov/general/disclaim
Keywords: Form 5500, ERISA, retirement plan, BULK/ALBANY/SPUR 401K PLAN, BULK TRANSIT CORPORATION

BULK TRANSIT CORPORATIONEIN 31-1314380Plan #001PY 2017

7177 INDUSTRIAL PKWY - PLAIN CITY, OH 430648728614-873-4632bulktransit.comLinkedIn201-500 employeestransportation/trucking/railroad

Prospect flagsLow participation

How to read this page

Total assets (EOY)

$7.6M

+15.2% from 2016

Total participants

207

-7.2% from 2016

Average account balance

$60,411

+14.3% from 2016

Annual return

15.75%

+9.20 pp from 2016

Benchmarks

See 1,029 peers

Peer group

Industry48 - Transportation and Warehousing

Plan typeDefined contribution

Participants100-249

Cohort1,029 peers

Snapshot2017

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

Analytics

Total assets (EOY)

Plan-year ending balance

$7.68M

Not enough data

1 years with asset history on file

Average account balance

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

$65K

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.

118

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.

48.2%

Not enough data

1 years with eligibility data

Contributions (total)

Employer and participant dollars contributed each year

$826K

Not enough data

1 years with contributions on file

Contributions per participant

Average employer and participant contribution per enrolled participant

$4K

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

+13.18%

Not enough data

1 years with return on file

Admin fee / account holder

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

$433

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
THE SIEKMANN COMPANY3+ years Service code 10 · EIN 31-0995736 9000 MEMORIAL DR · PLAIN CITY, OH 43064	Accounting	$20,139
CLARUS PARTNERS2 years Filed as: CLARUS PARTNERS, LLC Service code 10 · EIN 26-1347383 1233 DUBLIN RD · COLUMBUS, OH 43215	Accounting	$6,500
MATRIX TRUST COMPANY1 year Filed as: MG TRUST COMPANY DBA MATRIX TRUST Service code 21 · EIN 75-3182674 PO BOX 419497 · BOSTON, MA 022419497	Bank Trustee	$1,250
JOHN HANCOCK LIFE INSURANCE COMPANY3+ years Filed as: JOHN HANCOCK LIFE INSURANCE CO Service code 15 · EIN 01-0233346 PO BOX 600 · BUFFALO, NY 142010600	Recordkeeping	$1,055

Plan features & details

Pension benefit codes2E2G2J2K2F2T

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.

Opportunity flags

1 tripped

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

Expense breakdown

Schedule H Part II

Admin total

$28K

$160 / participant

Other / not subdivided$28K100.0%

% of EOY assets

0.376%

all-in expense ratio

Categories reported

0 / 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: CLARUS PARTNERS, LLC
Auditor EIN: 261347383
Audit fees: (not subdivided)
Opinion code: Disclaimer

Metric

This plan

Peer set

Industry

Size

Avg account balance

$60,411

$46,297+30.5%

$71,671-15.7%

$62,293-3.0%

Participation rate

53.9%

60.6%-6.7pp

68.7%-14.8pp

69.5%-15.6pp

Annual return

15.75%

22.32%-6.6pp

20.65%-4.9pp

28.90%-13.1pp

Employer contribution / active EE

$646

$1,412-54.3%

$2,460-73.8%

$2,042-68.4%

Participant deferral / active EE

$1,523

$2,235-31.9%

$3,438-55.7%

$3,169-51.9%

Admin fee / account holder

$227

$461-50.7%

$5,558-95.9%

$479-52.6%

Provider

Service type

Compensation

THE SIEKMANN COMPANY3+ years

Service code 10 · EIN 31-0995736

9000 MEMORIAL DR · PLAIN CITY, OH 43064

Accounting

$20,139

CLARUS PARTNERS2 years

Filed as: CLARUS PARTNERS, LLC

Service code 10 · EIN 26-1347383

1233 DUBLIN RD · COLUMBUS, OH 43215

Accounting

$6,500

MATRIX TRUST COMPANY1 year

Filed as: MG TRUST COMPANY DBA MATRIX TRUST

Service code 21 · EIN 75-3182674

PO BOX 419497 · BOSTON, MA 022419497

Bank Trustee

$1,250

JOHN HANCOCK LIFE INSURANCE COMPANY3+ years

Filed as: JOHN HANCOCK LIFE INSURANCE CO

Service code 15 · EIN 01-0233346

PO BOX 600 · BUFFALO, NY 142010600

Recordkeeping

$1,055

BULK/ALBANY/SPUR 401K PLAN

Summary metrics

Benchmarksi

Analytics

Service providersi

Plan features & details

Opportunity flagsi

Expense breakdowni

Audit opinioni

BULK/ALBANY/SPUR 401K 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