Retirement plan

BAISCH ENGINEERING INC. EMPLOYEES' PROFIT SHARING PLAN

Name: BAISCH ENGINEERING INC. - BAISCH ENGINEERING INC. EMPLOYEES' PROFIT SHARING PLAN (2018) Form 5500
Creator: BAISCH ENGINEERING INC.
License: https://www.dol.gov/general/disclaim
Keywords: Form 5500, ERISA, retirement plan, BAISCH ENGINEERING INC. EMPLOYEES' PROFIT SHARING PLAN, BAISCH ENGINEERING INC.

BAISCH ENGINEERING INC.EIN 39-0973070Plan #001PY 2018

P.O. BOX 440 - KAUKAUNA, WI 541300440920-766-3521baisch.comLinkedIn51-200 employeesmechanical or industrial engineering

Prospect flagsHigh feesHigh assets / participantRecently reached 100 employees

How to read this page

Total assets (EOY)

$26.2M

-6.5% from 2017

Total participants

105

+2.9% from 2017

Average account balance

$254,453

-10.1% from 2017

Annual return

2.28%

-12.49 pp from 2017

Benchmarks

See 25,535 peers

Peer group

Industry54 - Professional, Scientific, and Technical Services

Plan typeDefined contribution

Participants25-99

Cohort25,535 peers

Snapshot2018

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

Analytics

Total assets (EOY)

Plan-year ending balance

$30.39M

Not enough data

1 years with asset history on file

Average account balance

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

$269K

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.

113

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.

98.7%

Not enough data

1 years with eligibility data

Contributions (total)

Employer and participant dollars contributed each year

$1.35M

Not enough data

1 years with contributions on file

Contributions per participant

Average employer and participant contribution per enrolled participant

$17K

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

+19.62%

Not enough data

1 years with return on file

Admin fee / account holder

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

$765

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 3 by compensation

Provider	Service type	Compensation
MORGAN STANLEY SMITH BARNEY3+ years Filed as: MORGAN STANLEY GRAYSTONE CONSULTING Service code 19 111 N. WASHINGTON ST · GREEN BAY, WI 54301	Securities Custodian	$79,063
BMO HARRIS BANK NA2 years Service code 21 · EIN 36-2085229	Bank Trustee	$33,739
AMERICAN UNITED LIFE INSURANCE CO2 years Filed as: ONEAMERICA RETIREMENT SERVICES Service code 19 · EIN 46-5378846	Securities Custodian	$550

Plan features & details

Pension benefit codes2E2J2K3D2F2G2T2S

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

OpportunityHigh fees
Administrative expenses exceed $300 per participant per year - possible fee-review opportunity. (Recordkeeping / audit / legal; excludes investment management.)
InformationalRecently reached 100 employees
Sponsor crossed the 100-balance-holder threshold in the most recent filing - large-plan audit requirement now applies.
InformationalHigh assets / participant
Assets per participant exceed $250,000 - top-decile high-value plan.

Expense breakdown

Schedule H Part II

Admin total

$113K

$1414 / participant

Investment mgmt$79K69.9%
Other / not subdivided$34K30.1%

% of EOY assets

0.432%

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: KERBERROSE SC
Auditor EIN: 391658423
Audit fees: (not subdivided)
Opinion code: Disclaimer

Metric

This plan

Peer set

Industry

Size

Avg account balance

$254,453

$77,817+227.0%

$123,553+105.9%

$64,173+296.5%

Participation rate

97.5%

74.7%+22.8pp

82.3%+15.2pp

69.6%+27.9pp

Annual return

2.28%

12.49%-10.2pp

119.21%-116.9pp

7.63%-5.4pp

Employer contribution / active EE

$11,081

$3,014+267.7%

$4,628+139.4%

$2,381+365.4%

Participant deferral / active EE

$7,806

$5,240+49.0%

$6,426+21.5%

$3,470+125.0%

Admin fee / account holder

$1,098

$5,519-80.1%

$9,284-88.2%

$4,887-77.5%

Provider

Service type

Compensation

MORGAN STANLEY SMITH BARNEY3+ years

Filed as: MORGAN STANLEY GRAYSTONE CONSULTING

Service code 19

111 N. WASHINGTON ST · GREEN BAY, WI 54301

Securities Custodian

$79,063

BMO HARRIS BANK NA2 years

Service code 21 · EIN 36-2085229

Bank Trustee

$33,739

AMERICAN UNITED LIFE INSURANCE CO2 years

Filed as: ONEAMERICA RETIREMENT SERVICES

Service code 19 · EIN 46-5378846

Securities Custodian

$550

BAISCH ENGINEERING INC. EMPLOYEES' PROFIT SHARING PLAN

Summary metrics

Benchmarksi

Analytics

Service providersi

Plan features & details

Opportunity flagsi

Expense breakdowni

Audit opinioni

BAISCH ENGINEERING INC. EMPLOYEES' 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