Retirement plan

BUTLER MACHINERY COMPANY RETIREMENT PLAN

Name: BUTLER MACHINERY COMPANY - BUTLER MACHINERY COMPANY RETIREMENT PLAN (2016) Form 5500
Creator: BUTLER MACHINERY COMPANY
License: https://www.dol.gov/general/disclaim
Keywords: Form 5500, ERISA, retirement plan, BUTLER MACHINERY COMPANY RETIREMENT PLAN, BUTLER MACHINERY COMPANY

BUTLER MACHINERY COMPANYEIN 45-0113700Plan #004PY 2016

3401 33RD ST. SW - FARGO, ND 58104701-298-1709butlermachinery.comLinkedIn501-1000 employeesmachinery

Prospect flagsNo flags tripped

Top hat statement on fileNQDC

Filed January 20, 1997

This is a legacy paper filing. Plan administrator and contact details are recorded in the original filing, which has not been digitised into structured fields.

Open the filing PDF

How to read this page

Total assets (EOY)

$134.9M

+4.1% from 2015

Total participants

1,079

-8.3% from 2015

Average account balance

$129,958

+12.0% from 2015

Annual return

7.29%

+6.64 pp from 2015

Benchmarks

See 1,219 peers

Peer group

Industry42 - Wholesale Trade

Plan typeDefined contribution

Participants250-999

Cohort1,219 peers

Snapshot2016

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

Analytics

Total assets (EOY)

Plan-year ending balance

$231.44M

Not enough data

1 years with asset history on file

Average account balance

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

$189K

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.

1,223

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

$14.24M

Not enough data

1 years with contributions on file

Contributions per participant

Average employer and participant contribution per enrolled participant

$15K

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

+12.47%

Not enough data

1 years with return on file

Admin fee / account holder

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

$85

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
BRADY MARTZ & ASSOCIATES1 year Filed as: BRADY MARTZ & ASSOCIATES, P.C. Service code 10 401 DEMERS AVENUE · GRAND FORKS, ND 58208	Accounting	$10,900
DELOITTE & TOUCHE LLP1 year Filed as: DELOITTE TAX LLP Service code 10 1950 N STEMMONS FREEWAY · DALLAS, TX 75207	Accounting	$5,200
T ROWE PRICE RPS INC2+ years Service code 15 100 EAST PRATT STREET · BALTIMORE, MD 21202	Recordkeeping	$3,604

Plan features & details

Pension benefit codes2E2F2G2J2R2S2T3D

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.
2R
Participant-directed brokerage accounts
Participant-directed brokerage accounts provided as an investment option under the plan.
2S
Automatic enrollment
Plan provides for automatic enrollment in plan that has elective contributions deducted from payroll.
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

$24K

$29 / participant

Investment mgmt$3K14.4%
Other / not subdivided$21K85.6%

% of EOY assets

0.018%

all-in expense ratio

Categories reported

1 / 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: BRADY MARTZ & ASSOCIATES, P.C.
Auditor EIN: 450310328
Audit fees: (not subdivided)
Opinion code: Disclaimer

Metric

This plan

Peer set

Industry

Size

Avg account balance

$129,958

$107,378+21.0%

$108,582+19.7%

$57,658+125.4%

Participation rate

95.1%

77.1%+18.0pp

79.6%+15.5pp

70.2%+24.9pp

Annual return

7.29%

12.80%-5.5pp

-51.70%+59.0pp

5.13%+2.2pp

Employer contribution / active EE

$7,232

$1,782+305.9%

$3,758+92.4%

$1,974+266.4%

Participant deferral / active EE

$4,364

$3,221+35.5%

$4,311+1.2%

$3,061+42.6%

Admin fee / account holder

$23

$108-78.6%

$7,645-99.7%

$95-75.5%

Provider

Service type

Compensation

BRADY MARTZ & ASSOCIATES1 year

Filed as: BRADY MARTZ & ASSOCIATES, P.C.

Service code 10

401 DEMERS AVENUE · GRAND FORKS, ND 58208

Accounting

$10,900

DELOITTE & TOUCHE LLP1 year

Filed as: DELOITTE TAX LLP

Service code 10

1950 N STEMMONS FREEWAY · DALLAS, TX 75207

Accounting

$5,200

T ROWE PRICE RPS INC2+ years

Service code 15

100 EAST PRATT STREET · BALTIMORE, MD 21202

Recordkeeping

$3,604

BUTLER MACHINERY COMPANY RETIREMENT PLAN

Top hat statement on fileNQDC

Summary metrics

Benchmarksi

Analytics

Service providersi

Plan features & details

Opportunity flagsi

Expense breakdowni

Audit opinioni

BUTLER MACHINERY COMPANY RETIREMENT PLAN

Top hat statement on fileNQDC

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