Retirement plan

BONNEY PLUMBING LLC 401(K) PROFIT SHARING PLAN

Name: BONNEY PLUMBING LLC - BONNEY PLUMBING LLC 401(K) PROFIT SHARING PLAN (2018) Form 5500
Creator: BONNEY PLUMBING LLC
License: https://www.dol.gov/general/disclaim
Keywords: Form 5500, ERISA, retirement plan, BONNEY PLUMBING LLC 401(K) PROFIT SHARING PLAN, BONNEY PLUMBING LLC

BONNEY PLUMBING LLCEIN 46-1259484Plan #001PY 2018

11101 TRADE CENTER DRIVE - RANCHO CORDOVA, CA 95670916-520-7505LinkedIn1-10 employees

Prospect flagsLow participationFailed to transmit contributions

How to read this page

Total assets (EOY)

$3.3M

-6.5% from 2017

Total participants

119

+8.2% from 2017

Average account balance

$40,010

-22.5% from 2017

Annual return

-5.96%

-20.34 pp from 2017

Benchmarks

See 9,277 peers

Peer group

Industry42 - Wholesale Trade

Plan typeDefined contribution

Participants25-99

Cohort9,277 peers

Snapshot2018

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

Analytics

Total assets (EOY)

Plan-year ending balance

$6.02M

Not enough data

1 years with asset history on file

Average account balance

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

$37K

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.

162

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.

34.9%

Not enough data

1 years with eligibility data

Contributions (total)

Employer and participant dollars contributed each year

$1.20M

Not enough data

1 years with contributions on file

Contributions per participant

Average employer and participant contribution per enrolled participant

$4K

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

+14.67%

Not enough data

1 years with return on file

Admin fee / account holder

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

$278

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 10 of 14 by compensation

Provider	Service type	Compensation
WELLS FARGO BANK, N.A.1 year Filed as: WELLS FARGO ADVISORS INS AGENCY LLC Service code 53 · EIN 54-0910269	Insurance Commissions	$7,390
MASSACHUSETTS MUTUAL LIFE INS. CO.2 years Filed as: MASSACHUSETTS MUTUAL LIFE INSURANCE Service code 49 · EIN 04-1590850	Other Services	$2,295
ASSOCIATED PENSION CONSULTANTS1 year Service code 13 · EIN 94-2456320	Contract Administrator	$1,679
ASSOCIATED PENSION CONSULTANTS1 year Filed as: ASSOCIATED PENSION CONSULTANTS INC. Service code 13 · EIN 94-2456320 2035 FORES AVENUE · CHICO, CA 95928	Contract Administrator	$900
ESOP LAW GROUP1 year Filed as: EMPLOYEE BENEFITS LAW GROUP Service code 29 · EIN 68-0195995	Legal	$603
QUALIFIED PLANS, LLC1 year Filed as: QUALIFED PLANS, LLC Service code 13	Contract Administrator	$350
AMERICAN FUNDS1 year Service code 52	Indirect Investment Fees	$0
CALVERT1 year Service code 52	Indirect Investment Fees	$0
FRANKLIN TEMPLETON1 year Service code 52	Indirect Investment Fees	$0
GOLDMAN SACHS1 year Service code 52	Indirect Investment Fees	$0

Plan features & details

Pension benefit codes2E2G2J2K3D

Plan features

2E
Profit-sharing
Profit-sharing plan.
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.
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.
ComplianceFailed to transmit contributions
Form 5500 reported a failure to timely transmit participant contributions (Schedule H line 4a).

Expense breakdown

Schedule H Part II

Admin total

$3K

$36 / participant

Investment mgmt$3K100.0%

% of EOY assets

0.088%

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: DIEM CPA INC
Auditor EIN: 204025501
Audit fees: (not subdivided)
Opinion code: Disclaimer

Metric

This plan

Peer set

Industry

Size

Avg account balance

$40,010

$72,404-44.7%

$110,241-63.7%

$64,181-37.7%

Participation rate

54.3%

73.3%-19.0pp

79.8%-25.5pp

69.6%-15.2pp

Annual return

-5.96%

-6.29%+0.3pp

314.75%-320.7pp

7.63%-13.6pp

Employer contribution / active EE

$2,028

$2,282-11.1%

$3,827-47.0%

$2,381-14.8%

Participant deferral / active EE

$3,342

$3,469-3.7%

$4,672-28.5%

$3,470-3.7%

Admin fee / account holder

$35

$5,664-99.4%

$8,548-99.6%

$4,887-99.3%

Provider

Service type

Compensation

WELLS FARGO BANK, N.A.1 year

Filed as: WELLS FARGO ADVISORS INS AGENCY LLC

Service code 53 · EIN 54-0910269

Insurance Commissions

$7,390

MASSACHUSETTS MUTUAL LIFE INS. CO.2 years

Filed as: MASSACHUSETTS MUTUAL LIFE INSURANCE

Service code 49 · EIN 04-1590850

Other Services

$2,295

ASSOCIATED PENSION CONSULTANTS1 year

Service code 13 · EIN 94-2456320

Contract Administrator

$1,679

ASSOCIATED PENSION CONSULTANTS1 year

Filed as: ASSOCIATED PENSION CONSULTANTS INC.

Service code 13 · EIN 94-2456320

2035 FORES AVENUE · CHICO, CA 95928

Contract Administrator

$900

ESOP LAW GROUP1 year

Filed as: EMPLOYEE BENEFITS LAW GROUP

Service code 29 · EIN 68-0195995

Legal

$603

QUALIFIED PLANS, LLC1 year

Filed as: QUALIFED PLANS, LLC

Service code 13

Contract Administrator

$350

AMERICAN FUNDS1 year

Service code 52

Indirect Investment Fees

CALVERT1 year

Service code 52

Indirect Investment Fees

FRANKLIN TEMPLETON1 year

Service code 52

Indirect Investment Fees

GOLDMAN SACHS1 year

Service code 52

Indirect Investment Fees

BONNEY PLUMBING LLC 401(K) PROFIT SHARING PLAN

Summary metrics

Benchmarksi

Analytics

Service providersi

Plan features & details

Opportunity flagsi

Expense breakdowni

Audit opinioni

BONNEY PLUMBING LLC 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