Retirement plan

BARTS ELECTRIC COMPANY, INC. EMPLOYEES 401K PLAN

Name: BARTS ELECTRIC COMPANY, INC. - BARTS ELECTRIC COMPANY, INC. EMPLOYEES 401K PLAN (2024) Form 5500
Creator: BARTS ELECTRIC COMPANY, INC.
License: https://www.dol.gov/general/disclaim
Keywords: Form 5500, ERISA, retirement plan, BARTS ELECTRIC COMPANY, INC. EMPLOYEES 401K PLAN, BARTS ELECTRIC COMPANY, INC.

BARTS ELECTRIC COMPANY, INC.EIN 43-1671389Plan #001PY 2024

7103 STEWART ROAD - PLEASANT VALLEY, MO 64068816-421-0007bartselectric.comLinkedIn51-200 employeesconstruction

Prospect flagsNo flags tripped

How to read this page

Total assets (EOY)

$21.8M

+25.3% from 2023

Total participants

457

+38.1% from 2023

Average account balance

$52,376

-9.3% from 2023

Annual return

14.53%

-4.11 pp from 2023

Benchmarks

See 1,563 peers

Peer group

Industry23 - Construction

Plan typeDefined contribution

Participants250-999

Cohort1,563 peers

Snapshot2024

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

Analytics

Total assets (EOY)

Plan-year ending balance

$21.84M

Not enough data

1 years with asset history on file

Average account balance

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

$52K

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.

417

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.

89.5%

Not enough data

1 years with eligibility data

Contributions (total)

Employer and participant dollars contributed each year

$2.88M

Not enough data

1 years with contributions on file

Contributions per participant

Average employer and participant contribution per enrolled participant

$8K

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

+14.53%

Not enough data

1 years with return on file

Admin fee / account holder

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

$254

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
CBIZ RETIREMENT PLAN SERVICES4 years Filed as: CBIZ INVESTMENT ADVISORY SVCS, LLC Service code 27 6050 OAK TREE BLVD S · CINCINATTI, OH 44131	Advisory (Plan)	$47,226
GREAT-WEST LIFE & ANNUITY INSURANCE3 years Filed as: EMPOWER ANNUITY INSURANCE COMPANY Service code 64 8515 EAST ORCHARD ROAD · GREENWOOD VILLAGE, CO 80111	Recordkeeping Fees	$34,858
EPIC RETIREMENT PLAN SERVICES7 years Filed as: MHM RETIREMENT PLAN SOLUTIONS Service code 13 700 W 47TH ST. STE 1100 · KANSAS CITY, MO 64112	Contract Administrator	$13,636
GREAT-WEST LIFE & ANNUITY INSURANCE2 years Filed as: EMPOWER ADVISORY GROUP LLC Service code 28 8515 EAST ORCHARD ROAD · GREENWOOD VILLAGE, CO 80111	Investment Management	$10,390

Plan features & details

Pension benefit codes2E2F2G2J3D2T

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

0 tripped

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

Expense breakdown

Schedule H Part II

Admin total

$106K

$279 / participant

Contract admin$106K100.0%

% of EOY assets

0.486%

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: PICKETT, CHANEY & MCMULLEN LLP
Auditor EIN: 481246310
Audit fees: (not subdivided)
Opinion code: Unqualified

Metric

This plan

Peer set

Industry

Size

Avg account balance

$52,376

$82,979-36.9%

$102,412-48.9%

$77,736-32.6%

Participation rate

89.5%

71.5%+17.9pp

74.5%+15.0pp

70.6%+18.9pp

Annual return

14.53%

19.11%-4.6pp

24.94%-10.4pp

31.26%-16.7pp

Employer contribution / active EE

$3,359

$3,554-5.5%

$3,870-13.2%

$2,728+23.1%

Participant deferral / active EE

$4,217

$4,109+2.6%

$5,060-16.7%

$4,651-9.3%

Admin fee / account holder

$254

$639-60.2%

$8,388-97.0%

$433-41.3%

Provider

Service type

Compensation

CBIZ RETIREMENT PLAN SERVICES4 years

Filed as: CBIZ INVESTMENT ADVISORY SVCS, LLC

Service code 27

6050 OAK TREE BLVD S · CINCINATTI, OH 44131

Advisory (Plan)

$47,226

GREAT-WEST LIFE & ANNUITY INSURANCE3 years

Filed as: EMPOWER ANNUITY INSURANCE COMPANY

Service code 64

8515 EAST ORCHARD ROAD · GREENWOOD VILLAGE, CO 80111

Recordkeeping Fees

$34,858

EPIC RETIREMENT PLAN SERVICES7 years

Filed as: MHM RETIREMENT PLAN SOLUTIONS

Service code 13

700 W 47TH ST. STE 1100 · KANSAS CITY, MO 64112

Contract Administrator

$13,636

GREAT-WEST LIFE & ANNUITY INSURANCE2 years

Filed as: EMPOWER ADVISORY GROUP LLC

Service code 28

8515 EAST ORCHARD ROAD · GREENWOOD VILLAGE, CO 80111

Investment Management

$10,390

BARTS ELECTRIC COMPANY, INC. EMPLOYEES 401K PLAN

Summary metrics

Benchmarksi

Analytics

Service providersi

Plan features & details

Opportunity flagsi

Expense breakdowni

Audit opinioni

BARTS ELECTRIC COMPANY, INC. EMPLOYEES 401K 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