Retirement plan

BUTLER SUPPLY RETIREMENT SAVINGS PLAN

Name: BUTLER SUPPLY, INC. - BUTLER SUPPLY RETIREMENT SAVINGS PLAN (2017) Form 5500
Creator: BUTLER SUPPLY, INC.
License: https://www.dol.gov/general/disclaim
Keywords: Form 5500, ERISA, retirement plan, BUTLER SUPPLY RETIREMENT SAVINGS PLAN, BUTLER SUPPLY, INC.

BUTLER SUPPLY, INC.EIN 43-0202827Plan #001PY 2017

965 HORAN DRIVE - FENTON, MO 63026636-349-9000butlersupply.comLinkedIn51-200 employeeswholesale

Prospect flagsHigh feesCorrective distributions

How to read this page

Total assets (EOY)

$21.3M

+17.2% from 2016

Total participants

204

+14.0% from 2016

Average account balance

$142,295

+9.4% from 2016

Annual return

17.59%

+8.82 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

$29.23M

Not enough data

1 years with asset history on file

Average account balance

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

$100K

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.

291

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.

92.5%

Not enough data

1 years with eligibility data

Contributions (total)

Employer and participant dollars contributed each year

$1.67M

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

+14.74%

Not enough data

1 years with return on file

Admin fee / account holder

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

$160

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 9 by compensation

Provider	Service type	Compensation
MASSACHUSETTS MUTUAL LIFE INS. CO.3+ years Service code 52 · EIN 04-1590850	Indirect Investment Fees	$45,661
LPL FINANCIAL3+ years Service code 27 · EIN 04-3046611	Advisory (Plan)	$19,217
AMERICAN FUNDS1 year Service code 52 · EIN 22-1557722	Indirect Investment Fees	$0
COLUMBIA1 year Service code 52 · EIN 36-2692100	Indirect Investment Fees	$0
DODGE & COX1 year Service code 52 · EIN 94-3390852	Indirect Investment Fees	$0
FMI FUNDS1 year Service code 52 · EIN 39-1393970	Indirect Investment Fees	$0
GOLDMAN SACHS1 year Service code 52 · EIN 13-5108880	Indirect Investment Fees	$0
T ROWE PRICE RPS INC1 year Filed as: T. ROWE PRICE Service code 52 · EIN 52-1151266	Indirect Investment Fees	$0
THE VANGUARD GROUP, INC.1 year Filed as: VANGUARD Service code 52 · EIN 52-0794097	Indirect Investment Fees	$0

Plan features & details

Pension benefit codes2E2J2F2G2K3D2T

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.
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

2 tripped

OpportunityHigh fees
Administrative expenses exceed $300 per participant per year - possible fee-review opportunity. (Recordkeeping / audit / legal; excludes investment management.)
ComplianceCorrective distributions
Plan reported corrective distributions (failed ADP/ACP testing).

Expense breakdown

Schedule H Part II

Admin total

$46K

$244 / participant

Investment mgmt$39K85.3%
Contract admin$4K9.8%
Other / not subdivided$2K4.9%

% of EOY assets

0.214%

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: UHY ADVISORS
Auditor EIN: 200694403
Audit fees: (not subdivided)
Opinion code: Disclaimer

Metric

This plan

Peer set

Industry

Size

Avg account balance

$142,295

$71,192+99.9%

$117,861+20.7%

$62,293+128.4%

Participation rate

71.1%

74.2%-3.1pp

79.7%-8.5pp

69.5%+1.6pp

Annual return

17.59%

18.66%-1.1pp

335.11%-317.5pp

28.90%-11.3pp

Employer contribution / active EE

$1,278

$1,934-33.9%

$3,786-66.3%

$2,042-37.4%

Participant deferral / active EE

$3,813

$3,189+19.6%

$4,482-14.9%

$3,169+20.3%

Admin fee / account holder

$304

$587-48.2%

$8,021-96.2%

$479-36.5%

Provider

Service type

Compensation

MASSACHUSETTS MUTUAL LIFE INS. CO.3+ years

Service code 52 · EIN 04-1590850

Indirect Investment Fees

$45,661

LPL FINANCIAL3+ years

Service code 27 · EIN 04-3046611

Advisory (Plan)

$19,217

AMERICAN FUNDS1 year

Service code 52 · EIN 22-1557722

Indirect Investment Fees

COLUMBIA1 year

Service code 52 · EIN 36-2692100

Indirect Investment Fees

DODGE & COX1 year

Service code 52 · EIN 94-3390852

Indirect Investment Fees

FMI FUNDS1 year

Service code 52 · EIN 39-1393970

Indirect Investment Fees

GOLDMAN SACHS1 year

Service code 52 · EIN 13-5108880

Indirect Investment Fees

T ROWE PRICE RPS INC1 year

Filed as: T. ROWE PRICE

Service code 52 · EIN 52-1151266

Indirect Investment Fees

THE VANGUARD GROUP, INC.1 year

Filed as: VANGUARD

Service code 52 · EIN 52-0794097

Indirect Investment Fees

BUTLER SUPPLY RETIREMENT SAVINGS PLAN

Summary metrics

Benchmarksi

Analytics

Service providersi

Plan features & details

Opportunity flagsi

Expense breakdowni

Audit opinioni

BUTLER SUPPLY RETIREMENT SAVINGS 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