Retirement plan

BLANKENBERGER BROTHERS, INC. 401(K) PROFIT SHARING PLAN

Name: BLANKENBERGER BROTHERS, INC. - BLANKENBERGER BROTHERS, INC. 401(K) PROFIT SHARING PLAN (2016) Form 5500
Creator: BLANKENBERGER BROTHERS, INC.
License: https://www.dol.gov/general/disclaim
Keywords: Form 5500, ERISA, retirement plan, BLANKENBERGER BROTHERS, INC. 401(K) PROFIT SHARING PLAN, BLANKENBERGER BROTHERS, INC.

BLANKENBERGER BROTHERS, INC.EIN 35-1057095Plan #001PY 2016

11700 WATER TANK RD. - CYNTHIANA, IN 476129705812-845-2717bbidigs.comLinkedIn501-1000 employeesconstruction

Prospect flagsHigh retiree %

How to read this page

Total assets (EOY)

$15.7M

-4.8% from 2015

Total participants

150

-17.6% from 2015

Average account balance

$104,736

+14.8% from 2015

Annual return

7.73%

+7.14 pp from 2015

Benchmarks

See 13,704 peers

Peer group

Industry23 - Construction

Plan typeDefined contribution

Participants25-99

Cohort13,704 peers

Snapshot2016

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

Analytics

Total assets (EOY)

Plan-year ending balance

$17.38M

Not enough data

1 years with asset history on file

Average account balance

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

$193K

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.

230.8%

Not enough data

1 years with eligibility data

Contributions (total)

Employer and participant dollars contributed each year

$464K

Not enough data

1 years with contributions on file

Contributions per participant

Average employer and participant contribution per enrolled participant

$12K

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

+18.81%

Not enough data

1 years with return on file

Admin fee / account holder

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

$22505

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

Top 4 by compensation

Provider	Service type	Compensation
COMPENSATION SYSTEMS, INC.2+ years Filed as: COMPENSATION SYSTEMS INC. Service code 13	Contract Administrator	$22,015
MASSACHUSETTS MUTUAL LIFE INS. CO.2+ years Filed as: MASSACHUSETTS MUTUAL LIFE INSURANCE Service code 52 · EIN 04-1590850	Indirect Investment Fees	$2,155
COMPENSATION SYSTEMS, INC.2+ years Service code 13 · EIN 35-1277460	Contract Administrator	$0
MASSACHUSETTS MUTUAL LIFE INS. CO.1 year Filed as: MASS MUTUAL LIFE INSURANCE CO Service code 60	Sub-TA Fees	$0

Plan features & details

Pension benefit codes2E2F2G2J2K2T3D

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

1 tripped

InformationalHigh retiree %
Retirees and beneficiaries make up 25% or more of total participants - indicates an ageing workforce or a frozen plan.

Expense breakdown

Schedule H Part II

Admin total

$2K

$72 / participant

Other / not subdivided$2K100.0%

% of EOY assets

0.014%

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: HARDING SHYMANSKI & CO, PSC
Auditor EIN: 351346211
Audit fees: (not subdivided)
Opinion code: Disclaimer

Metric

This plan

Peer set

Industry

Size

Avg account balance

$104,736

$56,894+84.1%

$84,753+23.6%

$62,881+66.6%

Participation rate

100.0%

68.5%+31.5pp

76.6%+23.4pp

69.3%+30.7pp

Annual return

7.73%

6.30%+1.4pp

22.78%-15.0pp

20.14%-12.4pp

Employer contribution / active EE

$3,661

$2,400+52.6%

$3,574+2.4%

$2,281+60.5%

Participant deferral / active EE

$5,196

$2,709+91.8%

$3,712+40.0%

$3,203+62.2%

Admin fee / account holder

$14

$3,581-99.6%

$5,333-99.7%

$4,296-99.7%

Provider

Service type

Compensation

COMPENSATION SYSTEMS, INC.2+ years

Filed as: COMPENSATION SYSTEMS INC.

Service code 13

Contract Administrator

$22,015

MASSACHUSETTS MUTUAL LIFE INS. CO.2+ years

Filed as: MASSACHUSETTS MUTUAL LIFE INSURANCE

Service code 52 · EIN 04-1590850

Indirect Investment Fees

$2,155

COMPENSATION SYSTEMS, INC.2+ years

Service code 13 · EIN 35-1277460

Contract Administrator

MASSACHUSETTS MUTUAL LIFE INS. CO.1 year

Filed as: MASS MUTUAL LIFE INSURANCE CO

Service code 60

Sub-TA Fees

BLANKENBERGER BROTHERS, INC. 401(K) PROFIT SHARING PLAN

Summary metrics

Benchmarksi

Analytics

Service providersi

Plan features & details

Opportunity flagsi

Expense breakdowni

Audit opinioni

BLANKENBERGER BROTHERS, 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