Retirement plan

EMPLOYEE BENEFIT PLAN OF BENNETT TOOL DIE, LLC

Name: BENNETT TOOL DIE, LLC - EMPLOYEE BENEFIT PLAN OF BENNETT TOOL DIE, LLC (2019) 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, LLCEIN 46-2298982Plan #002PY 2019

1550 AIRPORT RD - GALLATIN, TN 370663792615-227-5291allegiantmfg.comLinkedIn51-200 employeesmechanical or industrial engineering

Prospect flagsHigh feesRecently reached 100 employees

How to read this page

Total assets (EOY)

$6.3M

+26.6% from 2018

Total participants

130

+35.4% from 2018

Average account balance

$50,682

-2.8% from 2018

Annual return

23.97%

+29.18 pp from 2018

Benchmarks

See 4,276 peers

Peer group

Industry33 - Manufacturing

Plan typeDefined contribution

Participants100-249

Cohort4,276 peers

Snapshot2019

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 codes2F2G2S2T3D

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).
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.
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

2 tripped

OpportunityHigh fees
Administrative expenses exceed $300 per participant per year - possible fee-review opportunity. (Recordkeeping / audit / legal; excludes investment management.)
InformationalRecently reached 100 employees
Sponsor crossed the 100-balance-holder threshold in the most recent filing - large-plan audit requirement now applies.

Expense breakdown

Schedule H Part II

Admin total

$315K

$2915 / participant

Other / not subdivided$315K100.0%

% of EOY assets

4.970%

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

$50,682

$65,378-22.5%

$87,103-41.8%

$65,186-22.3%

Participation rate

95.4%

75.3%+20.0pp

76.9%+18.5pp

70.2%+25.2pp

Annual return

23.97%

31.28%-7.3pp

28.19%-4.2pp

29.39%-5.4pp

Employer contribution / active EE

$1,058

$1,823-42.0%

$2,521-58.1%

$2,177-51.4%

Participant deferral / active EE

$3,070

$3,389-9.4%

$4,049-24.2%

$3,514-12.6%

Admin fee / account holder

$2,519

$520+384.5%

$7,491-66.4%

$847+197.3%

EMPLOYEE BENEFIT PLAN OF 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

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