Retirement plan

HAROLD G BUTZER, INC. EMPLOYEES PROFIT SHARING PLAN AND TRUST

Name: HAROLD G. BUTZER, INC. - HAROLD G BUTZER, INC. EMPLOYEES PROFIT SHARING PLAN AND TRUST (2017) Form 5500
Creator: HAROLD G. BUTZER, INC.
License: https://www.dol.gov/general/disclaim
Keywords: Form 5500, ERISA, retirement plan, HAROLD G BUTZER, INC. EMPLOYEES PROFIT SHARING PLAN AND TRUST, HAROLD G. BUTZER, INC.

HAROLD G. BUTZER, INC.EIN 44-0653940Plan #011PY 2017

721 WICKER LANE - JEFFERSON CITY, MO 651094720573-636-4115hgbutzer.comLinkedIn11-50 employeesconstruction

Prospect flagsHigh feesLow participation

How to read this page

Total assets (EOY)

$9M

+20.2% from 2016

Total participants

120

-4.8% from 2016

Average account balance

$116,936

+26.5% from 2016

Annual return

15.02%

+9.25 pp from 2016

Benchmarks

See 2,582 peers

Peer group

Industry23 - Construction

Plan typeDefined contribution

Participants100-249

Cohort2,582 peers

Snapshot2017

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

Analytics

Total assets (EOY)

Plan-year ending balance

$17.82M

Not enough data

1 years with asset history on file

Average account balance

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

$297K

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.

42.6%

Not enough data

1 years with eligibility data

Contributions (total)

Employer and participant dollars contributed each year

$690K

Not enough data

1 years with contributions on file

Contributions per participant

Average employer and participant contribution per enrolled participant

$5K

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

+13.03%

Not enough data

1 years with return on file

Admin fee / account holder

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

$30882

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

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Service providers

Top 4 by compensation

Provider	Service type	Compensation
STANCORP FINANCIAL GROUP3+ years Service code 12 · EIN 93-1253576	Claims processing; Sub-transfer agenc...	$31,256
SECURITIES AMERICA INC3+ years Filed as: SECURITIES AMERICA ADVISORS, INC. Service code 27 · EIN 47-0648506	Advisory (Plan)	$19,986
SEAVER & FORCK CPAS3+ years Service code 10 · EIN 26-1136632 3523 AMAZONAS DRIVE · JEFFERSON CITY, MO 65109	Accounting	$6,000
SENTINEL PLAN ADMINISTRATION, INC.2+ years Service code 10 · EIN 43-1165921 3407 KNIPP DRIVE · JEFFERSON CITY, MO 65109	Accounting	$4,736

Plan features & details

Pension benefit codes2A2E2F2G2J2K2T3D

Plan features

2A
Age/service weighted or new comparability plan
Age/service weighted plan where allocations are based on age service or age and service; or new comparability or similar plan where allocations are based on participant classifications consisting entirely or predominantly of highly compensated employees or the plan provides an additional allocation rate on compensation above a specified threshold that exceeds the permitted disparity limits of Code section 401(l).
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

OpportunityLow participation
Participation rate is below 70% (account-balance holders / active employees) - enrollment or auto-enroll opportunity.
OpportunityHigh fees
Administrative expenses exceed $300 per participant per year - possible fee-review opportunity. (Recordkeeping / audit / legal; excludes investment management.)

Expense breakdown

Schedule H Part II

Admin total

$62K

$620 / participant

Investment mgmt$20K32.2%
Contract admin$36K58.1%
Other / not subdivided$6K9.7%

% of EOY assets

0.688%

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: SEAVER & FORCK, CPA
Auditor EIN: 261136632
Audit fees: (not subdivided)
Opinion code: Disclaimer

Metric

This plan

Peer set

Industry

Size

Avg account balance

$116,936

$58,726+99.1%

$92,240+26.8%

$62,293+87.7%

Participation rate

57.0%

68.3%-11.3pp

76.5%-19.5pp

69.5%-12.5pp

Annual return

15.02%

43.62%-28.6pp

176.29%-161.3pp

28.90%-13.9pp

Employer contribution / active EE

$2,816

$2,392+17.8%

$3,680-23.5%

$2,042+37.9%

Participant deferral / active EE

$3,237

$2,766+17.0%

$3,897-16.9%

$3,169+2.1%

Admin fee / account holder

$805

$556+44.6%

$5,194-84.5%

$479+67.9%

Provider

Service type

Compensation

STANCORP FINANCIAL GROUP3+ years

Service code 12 · EIN 93-1253576

Claims processing; Sub-transfer agenc...

$31,256

SECURITIES AMERICA INC3+ years

Filed as: SECURITIES AMERICA ADVISORS, INC.

Service code 27 · EIN 47-0648506

Advisory (Plan)

$19,986

SEAVER & FORCK CPAS3+ years

Service code 10 · EIN 26-1136632

3523 AMAZONAS DRIVE · JEFFERSON CITY, MO 65109

Accounting

$6,000

SENTINEL PLAN ADMINISTRATION, INC.2+ years

Service code 10 · EIN 43-1165921

3407 KNIPP DRIVE · JEFFERSON CITY, MO 65109

Accounting

$4,736

HAROLD G BUTZER, INC. EMPLOYEES PROFIT SHARING PLAN AND TRUST

Summary metrics

Benchmarksi

Analytics

Service providersi

Plan features & details

Opportunity flagsi

Expense breakdowni

Audit opinioni

HAROLD G BUTZER, INC. EMPLOYEES PROFIT SHARING PLAN AND TRUST

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