Retirement plan

EMPLOYEE BENEFIT PLAN OF BENNETT TOOL & DIE, LLC BENNETT TOOL & DIE, LLC

Name: BENNETT TOOL & DIE, LLC - EMPLOYEE BENEFIT PLAN OF BENNETT TOOL & DIE, LLC BENNETT TOOL & DIE, LLC (2016) Form 5500
Creator: BENNETT TOOL & DIE, LLC
License: https://www.dol.gov/general/disclaim
Keywords: Form 5500, ERISA, retirement plan, EMPLOYEE BENEFIT PLAN OF BENNETT TOOL & DIE, LLC BENNETT TOOL & DIE, LLC, BENNETT TOOL & DIE, LLC

BENNETT TOOL & DIE, LLCEIN 46-2298982Plan #002PY 2016

1550 AIRPORT ROAD - GALLATIN, TN 37076615-227-5291allegiantmfg.comLinkedIn51-200 employeesmechanical or industrial engineering

Prospect flagsHigh feesLow fidelity bond

How to read this page

Total assets (EOY)

$4.4M

+11.7% from 2015

Total participants

-9.8% from 2015

Average account balance

$48,724

+26.6% from 2015

Annual return

8.91%

-7.38 pp from 2015

Benchmarks

See 15,087 peers

Peer group

Industry33 - Manufacturing

Plan typeDefined contribution

Participants25-99

Cohort15,087 peers

Snapshot2016

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

Analytics

Total assets (EOY)

Plan-year ending balance

$8.34M

Not enough data

1 years with asset history on file

Average account balance

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

$48K

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.

174

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.

86.4%

Not enough data

1 years with eligibility data

Contributions (total)

Employer and participant dollars contributed each year

$507K

Not enough data

1 years with contributions on file

Contributions per participant

Average employer and participant contribution per enrolled participant

$3K

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

+16.28%

Not enough data

1 years with return on file

Admin fee / account holder

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

$10

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

Providers data not reported

Schedule C was not filed on this plan's most recent Form 5500, so no compensated service providers are available to display.

Plan features & details

Pension benefit codes2F2T3D

Plan features

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).
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.)
ComplianceLow fidelity bond
Fidelity bond coverage is below the ERISA section 412 10%-of-assets minimum (capped at $500,000).

Expense breakdown

Schedule H Part II

Admin total

$275K

$3443 / participant

Other / not subdivided$275K100.0%

% of EOY assets

6.280%

all-in expense ratio

Categories reported

0 / 9

subdivided buckets used

Audit opinion

Schedule H Part III

No opinion code on file for this filing.

Auditor firm: (not reported)
Auditor EIN: -
Audit fees: (not subdivided)
Opinion code: -

Metric

This plan

Peer set

Industry

Size

Avg account balance

$48,724

$60,349-19.3%

$74,184-34.3%

$62,881-22.5%

Participation rate

97.5%

72.7%+24.8pp

76.6%+20.9pp

69.3%+28.2pp

Annual return

8.91%

21.38%-12.5pp

17.74%-8.8pp

20.14%-11.2pp

Employer contribution / active EE

$1,262

$1,680-24.9%

$2,370-46.8%

$2,281-44.7%

Participant deferral / active EE

$3,478

$2,856+21.8%

$3,550-2.0%

$3,203+8.6%

Admin fee / account holder

$3,060

$4,261-28.2%

$5,586-45.2%

$4,296-28.8%

EMPLOYEE BENEFIT PLAN OF BENNETT TOOL & DIE, LLC BENNETT TOOL & DIE, LLC

Summary metrics

Benchmarksi

Analytics

Service providersi

Plan features & details

Opportunity flagsi

Expense breakdowni

Audit opinioni

EMPLOYEE BENEFIT PLAN OF BENNETT TOOL & DIE, LLC BENNETT TOOL & DIE, LLC

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