Retirement plan

BLACKMORE AND GLUNT, INC. 401(K) PROFIT SHARING PLAN

Name: BLACKMORE AND GLUNT, INC - BLACKMORE AND GLUNT, INC. 401(K) PROFIT SHARING PLAN (2022) Form 5500
Creator: BLACKMORE AND GLUNT, INC
License: https://www.dol.gov/general/disclaim
Keywords: Form 5500, ERISA, retirement plan, BLACKMORE AND GLUNT, INC. 401(K) PROFIT SHARING PLAN, BLACKMORE AND GLUNT, INC

BLACKMORE AND GLUNT, INCEIN 43-0706510Plan #001PY 2022

12 KIMLER DR - MARYLAND HEIGHTS, MO 63043314-878-4313b-g.comLinkedIn11-50 employeesmechanical or industrial engineering

Prospect flagsHigh feesHigh assets / participant

How to read this page

Total assets (EOY)

$23.2M

-5.4% from 2021

Total participants

-6.9% from 2021

Average account balance

$437,767

+1.7% from 2021

Annual return

-5.24%

-42.53 pp from 2021

Benchmarks

See 9,164 peers

Peer group

Industry42 - Wholesale Trade

Plan typeDefined contribution

Participants25-99

Cohort9,164 peers

Snapshot2022

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

Analytics

Total assets (EOY)

Plan-year ending balance

$32.47M

Not enough data

1 years with asset history on file

Average account balance

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

$416K

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.

101.3%

Not enough data

1 years with eligibility data

Contributions (total)

Employer and participant dollars contributed each year

$1.86M

Not enough data

1 years with contributions on file

Contributions per participant

Average employer and participant contribution per enrolled participant

$24K

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

+8.31%

Not enough data

1 years with return on file

Admin fee / account holder

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

$29310

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 codes2E2F2G2J2T3D

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.
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.)
InformationalHigh assets / participant
Assets per participant exceed $250,000 - top-decile high-value plan.

Expense breakdown

Schedule H Part II

Admin total

$1.1M

$22681 / participant

Other / not subdivided$1M100.0%

% of EOY assets

4.790%

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

$437,767

$81,870+434.7%

$119,608+266.0%

$68,495+539.1%

Participation rate

98.0%

71.9%+26.1pp

79.3%+18.7pp

67.9%+30.1pp

Annual return

-5.24%

-23.82%+18.6pp

-14.98%+9.7pp

-7.84%+2.6pp

Employer contribution / active EE

$12,761

$2,692+374.1%

$4,232+201.5%

$2,596+391.5%

Participant deferral / active EE

$8,687

$4,148+109.4%

$5,601+55.1%

$4,028+115.7%

Admin fee / account holder

$20,970

$6,583+218.5%

$10,326+103.1%

$5,403+288.1%

BLACKMORE AND GLUNT, INC. 401(K) PROFIT SHARING PLAN

Summary metrics

Benchmarksi

Analytics

Service providersi

Plan features & details

Opportunity flagsi

Expense breakdowni

Audit opinioni

BLACKMORE AND GLUNT, INC. 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