Retirement plan

BACKLUND INVESTMENT CO PROFIT SHARING & 401(K) PLAN

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

BACKLUND INVESTMENT COEIN 37-0898008Plan #003PY 2017

4818 NORTH PROSPECT ROAD - PEORIA HEIGHTS, IL 61616309-243-1040LinkedIn1-10 employeesinformation technology and services

Other plans on this EIN

1 filing

#004Retirement-$14.7M assets

Prospect flagsLow returnsLow employer contributionLow participant contribution

How to read this page

Total assets (EOY)

$33.3M

+11.4% from 2016

Total participants

195

+2.1% from 2016

Average account balance

$177,368

+11.4% from 2016

Annual return

13.33%

+6.42 pp from 2016

Benchmarks

See 2,201 peers

Peer group

Industry52 - Finance and Insurance

Plan typeDefined contribution

Participants100-249

Cohort2,201 peers

Snapshot2017

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

Analytics

Total assets (EOY)

Plan-year ending balance

$42.77M

Not enough data

1 years with asset history on file

Average account balance

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

$207K

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.

207

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.

94.0%

Not enough data

1 years with eligibility data

Contributions (total)

Employer and participant dollars contributed each year

$1.05M

Not enough data

1 years with contributions on file

Contributions per participant

Average employer and participant contribution per enrolled participant

$7K

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

+11.47%

Not enough data

1 years with return on file

Admin fee / account holder

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

$318

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 5 by compensation

Provider	Service type	Compensation
ALLIANCE BENEFIT GROUP3+ years Service code 15 · EIN 37-0899315	Recordkeeping	$51,220
ALLIANCE BENEFIT GROUP3+ years Filed as: ALLIANCE BENEFIT GROUP OF ILLINOIS Service code 59	Shareholder Servicing	$4,095
CHARLES SCHWAB & CO., INC.3+ years Filed as: CHARLES SCHWAB TRUST CO. Service code 18	Custodial (other than securities)	$3,092
CHARLES SCHWAB & CO., INC.3+ years Service code 59 · EIN 94-1737782	Shareholder Servicing	$0
CHARLES SCHWAB & CO., INC.3+ years Filed as: CHARLES SCHWAB TRUST COMPANY Service code 18 · EIN 42-1558009	Custodial (other than securities)	$0

Plan features & details

Pension benefit codes2A2E2F2G2J3D3H

Plan features

2A
Age/service weighted or new comparability plan
Age/service weighted plan where allocations are based on age service or age and service; or new comparability or similar plan where allocations are based on participant classifications consisting entirely or predominantly of highly compensated employees or the plan provides an additional allocation rate on compensation above a specified threshold that exceeds the permitted disparity limits of Code section 401(l).
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.
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

3 tripped

OpportunityLow participant contribution
Participant contribution per participant is in the bottom quintile of the peer cohort.
OpportunityLow employer contribution
Employer contribution per participant is in the bottom quintile of the peer cohort.
OpportunityLow returns
Annual investment return is in the bottom quintile of the peer cohort.

Expense breakdown

Schedule H Part II

Admin total

$51K

$348 / participant

Investment mgmt$19K36.4%
Other / not subdivided$33K63.6%

% of EOY assets

0.154%

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: CLIFTONLARSONALLEN LLP
Auditor EIN: 410746749
Audit fees: (not subdivided)
Opinion code: Disclaimer

Metric

This plan

Peer set

Industry

Size

Avg account balance

$177,368

$89,739+97.6%

$149,721+18.5%

$62,293+184.7%

Participation rate

95.2%

85.1%+10.1pp

87.1%+8.2pp

69.5%+25.7pp

Annual return

13.33%

21.01%-7.7pp

1501.67%-1488.3pp

28.90%-15.6pp

Employer contribution / active EE

$1,129

$3,233-65.1%

$5,444-79.3%

$2,042-44.7%

Participant deferral / active EE

$2,615

$4,797-45.5%

$6,568-60.2%

$3,169-17.5%

Admin fee / account holder

$272

$551-50.6%

$11,282-97.6%

$479-43.2%

Provider

Service type

Compensation

ALLIANCE BENEFIT GROUP3+ years

Service code 15 · EIN 37-0899315

Recordkeeping

$51,220

ALLIANCE BENEFIT GROUP3+ years

Filed as: ALLIANCE BENEFIT GROUP OF ILLINOIS

Service code 59

Shareholder Servicing

$4,095

CHARLES SCHWAB & CO., INC.3+ years

Filed as: CHARLES SCHWAB TRUST CO.

Service code 18

Custodial (other than securities)

$3,092

CHARLES SCHWAB & CO., INC.3+ years

Service code 59 · EIN 94-1737782

Shareholder Servicing

CHARLES SCHWAB & CO., INC.3+ years

Filed as: CHARLES SCHWAB TRUST COMPANY

Service code 18 · EIN 42-1558009

Custodial (other than securities)

BACKLUND INVESTMENT CO PROFIT SHARING & 401(K) PLAN

Summary metrics

Benchmarksi

Analytics

Service providersi

Plan features & details

Opportunity flagsi

Expense breakdowni

Audit opinioni

BACKLUND INVESTMENT CO PROFIT SHARING & 401(K) 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