Retirement plan

BUCKEYE INTERNATIONAL 401(K) PLAN

Name: BUCKEYE INTERNATIONAL, INC. - BUCKEYE INTERNATIONAL 401(K) PLAN (2018) Form 5500
Creator: BUCKEYE INTERNATIONAL, INC.
License: https://www.dol.gov/general/disclaim
Keywords: Form 5500, ERISA, retirement plan, BUCKEYE INTERNATIONAL 401(K) PLAN, BUCKEYE INTERNATIONAL, INC.

BUCKEYE INTERNATIONAL, INC.EIN 43-1045524Plan #002PY 2018

2700 WAGNER PLACE - MARYLAND HEIGHTS, MO 63043314-291-1900buckeyeinternational.comLinkedIn201-500 employeeschemicals

Prospect flagsHigh feesCorrective distributions

How to read this page

Total assets (EOY)

$27.9M

-5.5% from 2017

Total participants

368

+4.2% from 2017

Average account balance

$88,610

-10.6% from 2017

Annual return

-5.74%

-23.32 pp from 2017

Benchmarks

See 1,154 peers

Peer group

Industry32 - Manufacturing

Plan typeDefined contribution

Participants250-999

Cohort1,154 peers

Snapshot2018

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

Analytics

Total assets (EOY)

Plan-year ending balance

$55.02M

Not enough data

1 years with asset history on file

Average account balance

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

$177K

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.

311

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.

78.8%

Not enough data

1 years with eligibility data

Contributions (total)

Employer and participant dollars contributed each year

$2.62M

Not enough data

1 years with contributions on file

Contributions per participant

Average employer and participant contribution per enrolled participant

$9K

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

+16.53%

Not enough data

1 years with return on file

Admin fee / account holder

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

$266

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
COMMERCE BANK4+ years Filed as: THE COMMERCE TRUST COMPANY Service code 16 · EIN 43-0962626	Consulting	$59,320
TRANSAMERICA RETIREMENT SOLUTIONS4+ years Service code 12 · EIN 13-3689044	Participant loan processing; Recordke...	$38,611
NATIONAL FINANCIAL SERVICES4+ years Service code 33 · EIN 04-3523567	Securities brokerage; Securities brok...	$0

Plan features & details

Pension benefit codes2G2J2K2T3D

Plan features

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

$98K

$342 / participant

Investment mgmt$59K60.6%
Other / not subdivided$39K39.4%

% of EOY assets

0.351%

all-in expense ratio

Categories reported

1 / 9

subdivided buckets used

Audit opinion

Schedule H Part III

Unqualified opinion

Auditor signed off without reservation - the cleanest possible opinion.

Auditor firm: ANDERS, MINKLER, HUBER & HELM LLP
Auditor EIN: 430831507
Audit fees: (not subdivided)
Opinion code: Unqualified

Metric

This plan

Peer set

Industry

Size

Avg account balance

$88,610

$65,223+35.9%

$80,022+10.7%

$55,725+59.0%

Participation rate

81.5%

80.6%+0.9pp

75.8%+5.6pp

70.9%+10.6pp

Annual return

-5.74%

7.59%-13.3pp

11.22%-17.0pp

244.93%-250.7pp

Employer contribution / active EE

$1,939

$2,544-23.8%

$2,468-21.4%

$2,078-6.7%

Participant deferral / active EE

$5,228

$3,881+34.7%

$3,686+41.8%

$3,356+55.8%

Admin fee / account holder

$311

$114+172.2%

$6,521-95.2%

$115+169.9%

Provider

Service type

Compensation

COMMERCE BANK4+ years

Filed as: THE COMMERCE TRUST COMPANY

Service code 16 · EIN 43-0962626

Consulting

$59,320

TRANSAMERICA RETIREMENT SOLUTIONS4+ years

Service code 12 · EIN 13-3689044

Participant loan processing; Recordke...

$38,611

NATIONAL FINANCIAL SERVICES4+ years

Service code 33 · EIN 04-3523567

Securities brokerage; Securities brok...

BUCKEYE INTERNATIONAL 401(K) PLAN

Summary metrics

Benchmarksi

Analytics

Service providersi

Plan features & details

Opportunity flagsi

Expense breakdowni

Audit opinioni

BUCKEYE INTERNATIONAL 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