Retirement plan

BEAVER LAKE QUARRY, INC. OWNER K 401(K) PROFIT SHARING PLAN

Name: BEAVER LAKE QUARRY, INC. - BEAVER LAKE QUARRY, INC. OWNER K 401(K) PROFIT SHARING PLAN (2018) Form 5500
Creator: BEAVER LAKE QUARRY, INC.
License: https://www.dol.gov/general/disclaim
Keywords: Form 5500, ERISA, retirement plan, BEAVER LAKE QUARRY, INC. OWNER K 401(K) PROFIT SHARING PLAN, BEAVER LAKE QUARRY, INC.

BEAVER LAKE QUARRY, INC.EIN 38-3945978Plan #001PY 2018

14322 BEAVER LAKE ROAD - MOUNT VERNON, WA 98273360-856-6650LinkedIn11-50 employeeshealth, wellness and fitness

Prospect flagsLow returnsHigh feesLow employer contribution

How to read this page

Total assets (EOY)

$301K

+11.8% from 2017

Total participants

+20.0% from 2017

Average account balance

$60,145

-10.5% from 2017

Annual return

-8.26%

-20.68 pp from 2017

Benchmarks

See 1,803 peers

Peer group

Industry21 - Mining, Quarrying, and Oil and Gas Extraction

Plan typeDefined contribution

Participants<25

Cohort1,803 peers

Snapshot2018

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

Analytics

Total assets (EOY)

Plan-year ending balance

$1.53M

Not enough data

1 years with asset history on file

Average account balance

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

$219K

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

$41K

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

+12.76%

Not enough data

1 years with return on file

Admin fee / account holder

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

$9482

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

Providers data not reported

Schedule C was not filed on this plan's most recent Form 5500, so no compensated service providers are available to display.

Plan features & details

Pension benefit codes2E2F2G2J2R3D

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.
2R
Participant-directed brokerage accounts
Participant-directed brokerage accounts provided as an investment option under the plan.
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 employer contribution
Employer contribution per participant is in the bottom quintile of the peer cohort.
OpportunityHigh fees
Administrative expenses exceed $300 per participant per year - possible fee-review opportunity. (Recordkeeping / audit / legal; excludes investment management.)
OpportunityLow returns
Annual investment return is in the bottom quintile of the peer cohort.

Expense breakdown

Schedule H Part II

Admin total

$3K

$582 / participant

Other / not subdivided$3K100.0%

% of EOY assets

1.160%

all-in expense ratio

Categories reported

0 / 9

subdivided buckets used

Audit opinion

Schedule H Part III

No opinion code on file for this filing.

Auditor firm: (not reported)
Auditor EIN: -
Audit fees: (not subdivided)
Opinion code: -

Metric

This plan

Peer set

Industry

Size

Avg account balance

$60,145

$147,167-59.1%

$111,392-46.0%

$135,380-55.6%

Participation rate

83.3%

84.0%-0.7pp

78.9%+4.5pp

82.6%+0.7pp

Annual return

-8.26%

-4.44%-3.8pp

-2.06%-6.2pp

519.81%-528.1pp

Employer contribution / active EE

$836

$5,204-83.9%

$4,328-80.7%

$4,779-82.5%

Participant deferral / active EE

$8,167

$6,565+24.4%

$5,567+46.7%

$5,609+45.6%

Admin fee / account holder

$698

$20,270-96.6%

$12,266-94.3%

$10,828-93.6%

BEAVER LAKE QUARRY, INC. OWNER K 401(K) PROFIT SHARING PLAN

Summary metrics

Benchmarksi

Analytics

Service providersi

Plan features & details

Opportunity flagsi

Expense breakdowni

Audit opinioni

BEAVER LAKE QUARRY, INC. OWNER K 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