Retirement plan

BENZ OIL INC EMPLOYEE PROFIT SHARING PLAN

Name: BENZ OIL INC. - BENZ OIL INC EMPLOYEE PROFIT SHARING PLAN (2018) Form 5500
Creator: BENZ OIL INC.
License: https://www.dol.gov/general/disclaim
Keywords: Form 5500, ERISA, retirement plan, BENZ OIL INC EMPLOYEE PROFIT SHARING PLAN, BENZ OIL INC.

BENZ OIL INC.EIN 39-0535090Plan #003PY 2018

2724 WEST HAMPTON AVENUE - MILWAUKEE, WI 53209414-442-2900LinkedIn11-50 employeesoil & energy

Other plans on this EIN

1 filing

#004Retirement-$375K assets

Prospect flagsHigh fees

How to read this page

Total assets (EOY)

$7.3M

-10.6% from 2017

Total participants

+5.0% from 2017

Average account balance

$186,490

-19.8% from 2017

Annual return

-5.58%

-20.58 pp from 2017

Benchmarks

See 5,892 peers

Peer group

Industry32 - Manufacturing

Plan typeDefined contribution

Participants25-99

Cohort5,892 peers

Snapshot2018

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

Analytics

Total assets (EOY)

Plan-year ending balance

Not enough data

1 years with asset history on file

Average account balance

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

Not enough data

0 years with per-participant data

Participants with account balance

Stacked by status: active / separated vested / retired or beneficiary. Total = line 6g.

Not enough data

0 years with headcount on file

Eligible Participants and Participation

Bars: eligible actives (line 6a). Line: derived rate = active employees with a balance / 6a.

Not enough data

0 years with eligibility data

Contributions (total)

Employer and participant dollars contributed each year

$539K

Not enough data

1 years with contributions on file

Contributions per participant

Average employer and participant contribution per enrolled participant

Not enough data

0 years with per-participant contribution data

Asset flow

BOY + contributions + return - distributions = EOY

Year

Annual return

Diverging bars; negative years highlighted

-77.86%

Not enough data

1 years with return on file

Admin fee / account holder

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

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 codes2E2F2G2J2T

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.
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.

Opportunity flags

1 tripped

OpportunityHigh fees
Administrative expenses exceed $300 per participant per year - possible fee-review opportunity. (Recordkeeping / audit / legal; excludes investment management.)

Expense breakdown

Schedule H Part II

Admin total

$879K

$27465 / participant

Other / not subdivided$879K100.0%

% of EOY assets

12.084%

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

$186,490

$61,660+202.5%

$80,022+133.0%

$64,173+190.6%

Participation rate

90.6%

71.7%+18.9pp

75.8%+14.8pp

69.6%+21.1pp

Annual return

-5.58%

-0.33%-5.3pp

11.22%-16.8pp

7.63%-13.2pp

Employer contribution / active EE

$9,861

$1,810+444.7%

$2,468+299.6%

$2,381+314.2%

Participant deferral / active EE

$4,162

$2,968+40.3%

$3,686+12.9%

$3,470+20.0%

Admin fee / account holder

$22,536

$5,417+316.0%

$6,521+245.6%

$4,887+361.1%

BENZ OIL INC EMPLOYEE PROFIT SHARING PLAN

Summary metrics

Benchmarksi

Analytics

Service providersi

Plan features & details

Opportunity flagsi

Expense breakdowni

Audit opinioni

BENZ OIL INC EMPLOYEE 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