Retirement plan

NBI, INC. PROFIT SHARING AND 401(K) PLAN

Name: NBI, INC. - NBI, INC. PROFIT SHARING AND 401(K) PLAN (2016) Form 5500
Creator: NBI, INC.
License: https://www.dol.gov/general/disclaim
Keywords: Form 5500, ERISA, retirement plan, NBI, INC. PROFIT SHARING AND 401(K) PLAN, NBI, INC.

NBI, INC.EIN 39-1768861Plan #001PY 2016

1218 MCCANN DRIVE - ALTOONA, WI 54720715-855-8609

Prospect flagsNo flags tripped

How to read this page

Total assets (EOY)

$9.3M

+12.3% from 2015

Total participants

144

+4.3% from 2015

Average account balance

$64,537

+7.6% from 2015

Annual return

7.58%

+6.95 pp from 2015

Benchmarks

See 1,388 peers

Peer group

Industry61 - Educational Services

Plan typeDefined contribution

Participants100-249

Cohort1,388 peers

Snapshot2016

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

Analytics

Total assets (EOY)

Plan-year ending balance

$15.92M

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.

150

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.

98.1%

Not enough data

1 years with eligibility data

Contributions (total)

Employer and participant dollars contributed each year

$1.02M

Not enough data

1 years with contributions on file

Contributions per participant

Average employer and participant contribution per enrolled participant

$10K

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

+11.82%

Not enough data

1 years with return on file

Admin fee / account holder

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

$456

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 4 by compensation

Provider	Service type	Compensation
LPL FINANCIAL2+ years Filed as: LPL FINANCIAL LLC Service code 27 PO BOX 509026 · SAN DIEGO, CA 921509026	Advisory (Plan)	$30,219
LPL FINANCIAL1 year Service code 27 PO BOX 502533 · SAN DIEGO, CA 921502533	Advisory (Plan)	$7,500
BOYUM & BARENSCHEER PLLP2+ years Service code 10 3050 METRO DRIVE STE 200 · MINNEAPOLIS, MN 55425	Accounting	$4,000
GREAT-WEST LIFE & ANNUITY INSURANCE2+ years Service code 64 8515 EAST ORCHARD ROAD · GREENWOOD VILLAGE, CO 80111	Recordkeeping Fees	$500

Plan features & details

Pension benefit codes2E2F2G2J2S2T3D3H

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.
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.
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

0 tripped

No flags tripped for this filing year. This plan looks clean.

Expense breakdown

Schedule H Part II

Admin total

$42K

$377 / participant

Investment mgmt$38K89.3%
Contract admin$5001.2%
Other / not subdivided$4K9.5%

% of EOY assets

0.454%

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: BOYUM BARENSCHEER PLLP
Auditor EIN: 416192096
Audit fees: (not subdivided)
Opinion code: Disclaimer

Metric

This plan

Peer set

Industry

Size

Avg account balance

$64,537

$52,467+23.0%

$57,183+12.9%

$55,167+17.0%

Participation rate

100.0%

75.8%+24.2pp

75.3%+24.7pp

69.0%+31.0pp

Annual return

7.58%

7.72%-0.1pp

14.59%-7.0pp

169.23%-161.6pp

Employer contribution / active EE

$4,824

$2,477+94.7%

$2,682+79.8%

$1,963+145.8%

Participant deferral / active EE

$2,697

$2,830-4.7%

$3,096-12.9%

$3,054-11.7%

Admin fee / account holder

$293

$269+9.0%

$3,139-90.7%

$504-41.8%

Provider

Service type

Compensation

LPL FINANCIAL2+ years

Filed as: LPL FINANCIAL LLC

Service code 27

PO BOX 509026 · SAN DIEGO, CA 921509026

Advisory (Plan)

$30,219

LPL FINANCIAL1 year

Service code 27

PO BOX 502533 · SAN DIEGO, CA 921502533

Advisory (Plan)

$7,500

BOYUM & BARENSCHEER PLLP2+ years

Service code 10

3050 METRO DRIVE STE 200 · MINNEAPOLIS, MN 55425

Accounting

$4,000

GREAT-WEST LIFE & ANNUITY INSURANCE2+ years

Service code 64

8515 EAST ORCHARD ROAD · GREENWOOD VILLAGE, CO 80111

Recordkeeping Fees

$500

NBI, INC. PROFIT SHARING AND 401(K) PLAN

Summary metrics

Benchmarksi

Analytics

Service providersi

Plan features & details

Opportunity flagsi

Expense breakdowni

Audit opinioni

NBI, INC. PROFIT SHARING AND 401(K) 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