Retirement plan

BRENNER OIL COMPANY 401(K) PROFIT SHARING RETIREMENT PLAN

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

BRENNER OIL COMPANYEIN 38-2082221Plan #001PY 2017

12948 QUINCY - HOLLAND, MI 49424616-399-0919brenneroil.comLinkedIn201-500 employeeslogistics and supply chain

Prospect flagsLow returnsLow participationFailed to transmit contributions

How to read this page

Total assets (EOY)

$7.8M

+8.5% from 2016

Total participants

255

+23.2% from 2016

Average account balance

$39,702

+8.5% from 2016

Annual return

11.77%

+2.03 pp from 2016

Benchmarks

See 2,371 peers

Peer group

Industry42 - Wholesale Trade

Plan typeDefined contribution

Participants100-249

Cohort2,371 peers

Snapshot2017

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

Analytics

Total assets (EOY)

Plan-year ending balance

$14.53M

Not enough data

1 years with asset history on file

Average account balance

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

$83K

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.

176

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.

80.5%

Not enough data

1 years with eligibility data

Contributions (total)

Employer and participant dollars contributed each year

$1.10M

Not enough data

1 years with contributions on file

Contributions per participant

Average employer and participant contribution per enrolled participant

$6K

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

+25.23%

Not enough data

1 years with return on file

Admin fee / account holder

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

$291

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 5 by compensation

Provider	Service type	Compensation
NATIONWIDE2+ years Service code 13 · EIN 31-4156830 ONE NATIONWIDE PLAZA · COLUMBUS, OH 43215	Contract Administrator	$32,108
DB & C ADVISORS, LLC2+ years Filed as: DB&C ADVISORS Service code 27 · EIN 27-4210045 355 SETTLERS RD · HOLLAND, MI 49423	Advisory (Plan)	$18,096
DEBOER BAUMANN & CO PLC2+ years Service code 13 · EIN 38-1968022 110 N 3RD STREET · GRAND HAVEN, ME 49417	Contract Administrator	$6,605
DEBOER & ASSOCIATES, PC1 year Filed as: DEBOER BAUMANN AND COMPANY Service code 13 · EIN 38-1968022 110 N 3RD STREET · GRAND HAVEN, MI 49423	Contract Administrator	$2,000
TD AMERITRADE, INC.2+ years Filed as: TD AMERITRADE Service code 49 · EIN 82-0543156 4211 S 102ND ST · OMAHA, NE 68127	Other Services	$20

Plan features & details

Pension benefit codes2E2F2G2J2K2T3D2S

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.
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

3 tripped

OpportunityLow participation
Participation rate is below 70% (account-balance holders / active employees) - enrollment or auto-enroll opportunity.
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

$59K

$361 / participant

Investment mgmt$18K30.7%
Contract admin$32K54.5%
Other / not subdivided$9K14.7%

% of EOY assets

0.753%

all-in expense ratio

Categories reported

2 / 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: STEENSMA NOVOTNY PLC
Auditor EIN: 383185476
Audit fees: (not subdivided)
Opinion code: Disclaimer

Metric

This plan

Peer set

Industry

Size

Avg account balance

$39,702

$71,192-44.2%

$117,860-66.3%

$62,293-36.3%

Participation rate

64.4%

74.2%-9.8pp

79.7%-15.2pp

69.5%-5.1pp

Annual return

11.77%

18.66%-6.9pp

335.10%-323.3pp

28.90%-17.1pp

Employer contribution / active EE

$1,934-100.0%

$3,786-100.0%

$2,042-100.0%

Participant deferral / active EE

$2,766

$3,189-13.3%

$4,482-38.3%

$3,169-12.7%

Admin fee / account holder

$299

$587-49.1%

$8,021-96.3%

$479-37.6%

Provider

Service type

Compensation

NATIONWIDE2+ years

Service code 13 · EIN 31-4156830

ONE NATIONWIDE PLAZA · COLUMBUS, OH 43215

Contract Administrator

$32,108

DB & C ADVISORS, LLC2+ years

Filed as: DB&C ADVISORS

Service code 27 · EIN 27-4210045

355 SETTLERS RD · HOLLAND, MI 49423

Advisory (Plan)

$18,096

DEBOER BAUMANN & CO PLC2+ years

Service code 13 · EIN 38-1968022

110 N 3RD STREET · GRAND HAVEN, ME 49417

Contract Administrator

$6,605

DEBOER & ASSOCIATES, PC1 year

Filed as: DEBOER BAUMANN AND COMPANY

Service code 13 · EIN 38-1968022

110 N 3RD STREET · GRAND HAVEN, MI 49423

Contract Administrator

$2,000

TD AMERITRADE, INC.2+ years

Filed as: TD AMERITRADE

Service code 49 · EIN 82-0543156

4211 S 102ND ST · OMAHA, NE 68127

Other Services

$20

BRENNER OIL COMPANY 401(K) PROFIT SHARING RETIREMENT PLAN

Summary metrics

Benchmarksi

Analytics

Service providersi

Plan features & details

Opportunity flagsi

Expense breakdowni

Audit opinioni

BRENNER OIL COMPANY 401(K) PROFIT SHARING RETIREMENT 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