Retirement plan

BECKER ORTHOPEDIC APPLIANCE COMPANY EMPLOYEES' SAVINGS AND PROFIT SHARING PLAN AND TRUST

Name: BECKER ORTHOPEDIC APPLIANCE COMPANY - BECKER ORTHOPEDIC APPLIANCE COMPANY EMPLOYEES' SAVINGS AND PROFIT SHARING PLAN AND TRUST (2016) Form 5500
Creator: BECKER ORTHOPEDIC APPLIANCE COMPANY
License: https://www.dol.gov/general/disclaim
Keywords: Form 5500, ERISA, retirement plan, BECKER ORTHOPEDIC APPLIANCE COMPANY EMPLOYEES' SAVINGS AND PROFIT SHARING PLAN AND TRUST, BECKER ORTHOPEDIC APPLIANCE COMPANY

BECKER ORTHOPEDIC APPLIANCE COMPANYEIN 38-1258429Plan #002PY 2016

635 EXECUTIVE DRIVE - TROY, MI 480834576248-588-7480LinkedIn1-10 employeesreal estate

Prospect flagsLow returnsHigh cash

How to read this page

Total assets (EOY)

$6.1M

-6.0% from 2015

Total participants

158

+4.6% from 2015

Average account balance

$44,320

-8.0% from 2015

Annual return

1.66%

+0.48 pp from 2015

Benchmarks

See 2,366 peers

Peer group

Industry42 - Wholesale Trade

Plan typeDefined contribution

Participants100-249

Cohort2,366 peers

Snapshot2016

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

Analytics

Total assets (EOY)

Plan-year ending balance

$9.09M

Not enough data

1 years with asset history on file

Average account balance

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

$106K

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.

100.0%

Not enough data

1 years with eligibility data

Contributions (total)

Employer and participant dollars contributed each year

$211K

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

+17.88%

Not enough data

1 years with return on file

Admin fee / account holder

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

$156

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 2 by compensation

Provider	Service type	Compensation
MORRIS, KALISH + WALGREN, PC2+ years Filed as: MORRIS, KALISH WALGREN, PC Service code 10 · EIN 38-2182462 26877 NORTHWESTN HWY 200 · SOUTHFIELD, MI 48033	Accounting	$10,300
ASCENSUS LLC2+ years Filed as: ASCENSUS Service code 15 · EIN 11-3665754 200 DRYDEN RD · DRESHER, PA 19025	Recordkeeping	$6,319

Plan features & details

Pension benefit codes2E2F2G2J3H

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.
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.
OpportunityHigh cash
More than 10% of assets are held in cash - possible menu-design or default-fund problem.

Expense breakdown

Schedule H Part II

Admin total

$16K

$136 / participant

Contract admin$6K36.3%
Other / not subdivided$10K63.7%

% of EOY assets

0.267%

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: MORRIS KALISH WALGREN, P.C.
Auditor EIN: 382182462
Audit fees: (not subdivided)
Opinion code: Disclaimer

Metric

This plan

Peer set

Industry

Size

Avg account balance

$44,320

$63,924-30.7%

$108,582-59.2%

$55,167-19.7%

Participation rate

83.3%

74.3%+9.0pp

79.6%+3.8pp

69.0%+14.3pp

Annual return

1.66%

15.31%-13.7pp

-51.70%+53.4pp

169.23%-167.6pp

Employer contribution / active EE

$1,879-100.0%

$3,758-100.0%

$1,963-100.0%

Participant deferral / active EE

$1,777

$3,067-42.0%

$4,311-58.8%

$3,054-41.8%

Admin fee / account holder

$119

$618-80.8%

$7,645-98.5%

$504-76.5%

Provider

Service type

Compensation

MORRIS, KALISH + WALGREN, PC2+ years

Filed as: MORRIS, KALISH WALGREN, PC

Service code 10 · EIN 38-2182462

26877 NORTHWESTN HWY 200 · SOUTHFIELD, MI 48033

Accounting

$10,300

ASCENSUS LLC2+ years

Filed as: ASCENSUS

Service code 15 · EIN 11-3665754

200 DRYDEN RD · DRESHER, PA 19025

Recordkeeping

$6,319

BECKER ORTHOPEDIC APPLIANCE COMPANY EMPLOYEES' SAVINGS AND PROFIT SHARING PLAN AND TRUST

Summary metrics

Benchmarksi

Analytics

Service providersi

Plan features & details

Opportunity flagsi

Expense breakdowni

Audit opinioni

BECKER ORTHOPEDIC APPLIANCE COMPANY EMPLOYEES' SAVINGS AND PROFIT SHARING PLAN AND TRUST

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