Retirement plan

BIEHLE ELECTRIC, INC. 401(K) PROFIT SHARING PLAN

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

BIEHLE ELECTRIC, INC.EIN 35-1639586Plan #001PY 2017

9605 WEST U.S. 60 - SEYMOUR, IN 47274812-523-3320biehleinc.comLinkedIn1-10 employees

Prospect flagsLow returnsFailed to transmit contributions

How to read this page

Total assets (EOY)

$14.5M

+14.6% from 2016

Total participants

123

-21.2% from 2016

Average account balance

$117,635

+45.4% from 2016

Annual return

9.73%

+2.62 pp from 2016

Benchmarks

See 2,582 peers

Peer group

Industry23 - Construction

Plan typeDefined contribution

Participants100-249

Cohort2,582 peers

Snapshot2017

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

Analytics

Total assets (EOY)

Plan-year ending balance

$17.79M

Not enough data

1 years with asset history on file

Average account balance

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

$152K

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.

117

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.

99.0%

Not enough data

1 years with eligibility data

Contributions (total)

Employer and participant dollars contributed each year

$899K

Not enough data

1 years with contributions on file

Contributions per participant

Average employer and participant contribution per enrolled participant

$9K

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

+18.54%

Not enough data

1 years with return on file

Admin fee / account holder

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

$49

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

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Service providers

Top 4 by compensation

Provider	Service type	Compensation
UBS FINANCIAL SERVICES INC1 year Filed as: UBS FINANCIAL SERVICES INS AGENCY Service code 53	Insurance Commissions	$27,096
MASSACHUSETTS MUTUAL LIFE INS. CO.1 year Filed as: MASSACHUSETTS MUTUAL LIFE INSURANCE Service code 52 · EIN 04-1590850	Indirect Investment Fees	$10,584
EPIC RETIREMENT PLAN SERVICES2+ years Filed as: RETIREMENT PLAN RESOURCES Service code 13 943 S. 1ST STREET · LOUISVILLE, KY 40203	Contract Administrator	$0
UBS FINANCIAL SERVICES INC1 year Filed as: UBS FINANCIAL Service code 53 · EIN 51-0120742	Insurance Commissions	$0

Plan features & details

Pension benefit codes2E2F2G2J2K2S3D3H

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.
2S
Automatic enrollment
Plan provides for automatic enrollment in plan that has elective contributions deducted from payroll.
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

OpportunityLow returns
Annual investment return is in the bottom quintile of the peer cohort.
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

$11K

$102 / participant

Contract admin$11K100.0%

% of EOY assets

0.073%

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: RODEFER MOSS & CO, PLLC
Auditor EIN: 621690032
Audit fees: (not subdivided)
Opinion code: Disclaimer

Metric

This plan

Peer set

Industry

Size

Avg account balance

$117,635

$58,726+100.3%

$92,240+27.5%

$62,293+88.8%

Participation rate

100.0%

68.3%+31.7pp

76.5%+23.5pp

69.5%+30.5pp

Annual return

9.73%

43.62%-33.9pp

176.29%-166.6pp

28.90%-19.2pp

Employer contribution / active EE

$2,668

$2,392+11.5%

$3,680-27.5%

$2,042+30.6%

Participant deferral / active EE

$3,768

$2,766+36.2%

$3,897-3.3%

$3,169+18.9%

Admin fee / account holder

$86

$556-84.5%

$5,194-98.3%

$479-82.0%

Provider

Service type

Compensation

UBS FINANCIAL SERVICES INC1 year

Filed as: UBS FINANCIAL SERVICES INS AGENCY

Service code 53

Insurance Commissions

$27,096

MASSACHUSETTS MUTUAL LIFE INS. CO.1 year

Filed as: MASSACHUSETTS MUTUAL LIFE INSURANCE

Service code 52 · EIN 04-1590850

Indirect Investment Fees

$10,584

EPIC RETIREMENT PLAN SERVICES2+ years

Filed as: RETIREMENT PLAN RESOURCES

Service code 13

943 S. 1ST STREET · LOUISVILLE, KY 40203

Contract Administrator

UBS FINANCIAL SERVICES INC1 year

Filed as: UBS FINANCIAL

Service code 53 · EIN 51-0120742

Insurance Commissions

BIEHLE ELECTRIC, INC. 401(K) PROFIT SHARING PLAN

Summary metrics

Benchmarksi

Analytics

Service providersi

Plan features & details

Opportunity flagsi

Expense breakdowni

Audit opinioni

BIEHLE ELECTRIC, 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