Retirement plan

BELMONT MILLS, INC. 401(K) PROFIT SHARING PLAN

Name: BELMONT MILLS, INC. - BELMONT MILLS, INC. 401(K) PROFIT SHARING PLAN (2018) Form 5500
Creator: BELMONT MILLS, INC.
License: https://www.dol.gov/general/disclaim
Keywords: Form 5500, ERISA, retirement plan, BELMONT MILLS, INC. 401(K) PROFIT SHARING PLAN, BELMONT MILLS, INC.

BELMONT MILLS, INC.EIN 34-1018846Plan #001PY 2018

400 SOUTH JEFFERSON - BELMONT, OH 43718740-484-4633belmontmillsinc.comLinkedIn11-50 employeesfarming

Prospect flagsLow participation

How to read this page

Total assets (EOY)

$719K

+14.0% from 2017

Total participants

+6.5% from 2017

Average account balance

$32,688

+8.8% from 2017

Annual return

-7.12%

-25.00 pp from 2017

Benchmarks

See 2,031 peers

Peer group

Industry45 - Retail Trade

Plan typeDefined contribution

Participants25-99

Cohort2,031 peers

Snapshot2018

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

Analytics

Total assets (EOY)

Plan-year ending balance

$1.72M

Not enough data

1 years with asset history on file

Average account balance

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

$78K

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.

71.0%

Not enough data

1 years with eligibility data

Contributions (total)

Employer and participant dollars contributed each year

$111K

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

+17.95%

Not enough data

1 years with return on file

Admin fee / account holder

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

$19676

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 codes2E2F2J2T3D

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).
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.
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

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

$4K

$170 / participant

Other / not subdivided$4K100.0%

% of EOY assets

0.613%

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

$32,688

$53,596-39.0%

$90,657-63.9%

$64,173-49.1%

Participation rate

57.7%

64.5%-6.8pp

74.0%-16.3pp

69.6%-11.9pp

Annual return

-7.12%

4.41%-11.5pp

1.89%-9.0pp

7.63%-14.8pp

Employer contribution / active EE

$1,623

$1,503+8.0%

$2,532-35.9%

$2,381-31.8%

Participant deferral / active EE

$3,664

$2,459+49.0%

$3,424+7.0%

$3,470+5.6%

Admin fee / account holder

$200

$3,868-94.8%

$4,994-96.0%

$4,887-95.9%

BELMONT MILLS, INC. 401(K) PROFIT SHARING PLAN

Summary metrics

Benchmarksi

Analytics

Service providersi

Plan features & details

Opportunity flagsi

Expense breakdowni

Audit opinioni

BELMONT MILLS, 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