Retirement plan

BTAS, INC. 401(K) PROFIT SHARING PLAN

Name: BTAS, INC. - BTAS, INC. 401(K) PROFIT SHARING PLAN (2017) Form 5500
Creator: BTAS, INC.
License: https://www.dol.gov/general/disclaim
Keywords: Form 5500, ERISA, retirement plan, BTAS, INC. 401(K) PROFIT SHARING PLAN, BTAS, INC.

BTAS, INC.EIN 31-1431073Plan #002PY 2017

4391 DAYTON-XENIA ROAD - BEAVERCREEK, OH 45432937-431-9431

Prospect flagsLow participationFailed to transmit contributions

How to read this page

Total assets (EOY)

$12.3M

+27.8% from 2016

Total participants

460

+16.8% from 2016

Average account balance

$45,327

+0.1% from 2016

Annual return

19.31%

-8.25 pp from 2016

Benchmarks

See 2,615 peers

Peer group

Industry54 - Professional, Scientific, and Technical Services

Plan typeDefined contribution

Participants250-999

Cohort2,615 peers

Snapshot2017

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

Analytics

Total assets (EOY)

Plan-year ending balance

$13.03M

Not enough data

1 years with asset history on file

Average account balance

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

$82K

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.

158

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.

61.6%

Not enough data

1 years with eligibility data

Contributions (total)

Employer and participant dollars contributed each year

$799K

Not enough data

1 years with contributions on file

Contributions per participant

Average employer and participant contribution per enrolled participant

$11K

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

+10.92%

Not enough data

1 years with return on file

Admin fee / account holder

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

$18

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 6 by compensation

Provider	Service type	Compensation
PARK AVENUE SECURITIES LLC3+ years Filed as: PARK AVENUE SECURITIES, LLC Service code 55 7 HANOVER SQUARE H4D · NEW YORK, NY 10004	Other Commissions	$26,148
CREATIVE RETIREMENT SYSTEMS, INC.3+ years Filed as: CREATIVE RETIREMENT SYSTEMS Service code 13 · EIN 31-1299207	Contract Administrator	$13,324
ENVESTNET RETIREMENT SOLUTIONS, LLC3+ years Filed as: ENVESTNET RETIREMENT SOLUTIONS Service code 27 1801 CALIFORNIA STREET · DENVER, CO 80202	Advisory (Plan)	$3,266
DUVALL & ASSOCIATES3+ years Service code 10 400 SUGAR CAMP CIRCLE STE 300 · DAYTON, OH 45409	Accounting	$2,500
GREAT-WEST LIFE & ANNUITY INSURANCE2 years Filed as: EMPOWER RETIREMENT ADVISORY SERVICE Service code 28 8515 EAST ORCHARD ROAD · GREENWOOD VILLAGE, CO 80111	Investment Management	$2,287
GREAT-WEST LIFE & ANNUITY INSURANCE3+ years Filed as: GREAT-WEST LIFE & ANNNUITY CO Service code 64 8515 EAST ORCHARD ROAD · GREENWOOD VILLAGE, CO 80111	Recordkeeping Fees	$2,200

Plan features & details

Pension benefit codes2E2J2K2F2G3D2T

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.

Opportunity flags

2 tripped

OpportunityLow participation
Participation rate is below 70% (account-balance holders / active employees) - enrollment or auto-enroll opportunity.
ComplianceFailed to transmit contributions
Form 5500 reported a failure to timely transmit participant contributions (Schedule H line 4a).

Expense breakdown

Schedule H Part II

Admin total

$5K

$13 / participant

Other / not subdivided$5K100.0%

% of EOY assets

0.039%

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: DUVALL & ASSOCIATES, INC.
Auditor EIN: 311182600
Audit fees: (not subdivided)
Opinion code: Disclaimer

Metric

This plan

Peer set

Industry

Size

Avg account balance

$45,327

$155,795-70.9%

$136,298-66.7%

$69,631-34.9%

Participation rate

47.5%

75.2%-27.8pp

81.9%-34.4pp

70.7%-23.2pp

Annual return

19.31%

232464.33%-232445.0pp

5156.27%-5137.0pp

27571.02%-27551.7pp

Employer contribution / active EE

$1,273

$2,991-57.4%

$4,696-72.9%

$2,032-37.4%

Participant deferral / active EE

$5,359

$5,394-0.7%

$6,247-14.2%

$3,224+66.2%

Admin fee / account holder

$18

$128-86.2%

$9,244-99.8%

$110-84.0%

Provider

Service type

Compensation

PARK AVENUE SECURITIES LLC3+ years

Filed as: PARK AVENUE SECURITIES, LLC

Service code 55

7 HANOVER SQUARE H4D · NEW YORK, NY 10004

Other Commissions

$26,148

CREATIVE RETIREMENT SYSTEMS, INC.3+ years

Filed as: CREATIVE RETIREMENT SYSTEMS

Service code 13 · EIN 31-1299207

Contract Administrator

$13,324

ENVESTNET RETIREMENT SOLUTIONS, LLC3+ years

Filed as: ENVESTNET RETIREMENT SOLUTIONS

Service code 27

1801 CALIFORNIA STREET · DENVER, CO 80202

Advisory (Plan)

$3,266

DUVALL & ASSOCIATES3+ years

Service code 10

400 SUGAR CAMP CIRCLE STE 300 · DAYTON, OH 45409

Accounting

$2,500

GREAT-WEST LIFE & ANNUITY INSURANCE2 years

Filed as: EMPOWER RETIREMENT ADVISORY SERVICE

Service code 28

8515 EAST ORCHARD ROAD · GREENWOOD VILLAGE, CO 80111

Investment Management

$2,287

GREAT-WEST LIFE & ANNUITY INSURANCE3+ years

Filed as: GREAT-WEST LIFE & ANNNUITY CO

Service code 64

8515 EAST ORCHARD ROAD · GREENWOOD VILLAGE, CO 80111

Recordkeeping Fees

$2,200

BTAS, INC. 401(K) PROFIT SHARING PLAN

Summary metrics

Benchmarksi

Analytics

Service providersi

Plan features & details

Opportunity flagsi

Expense breakdowni

Audit opinioni

BTAS, INC. 401(K) PROFIT SHARING 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