Retirement plan

BUCKEYE PIPE INSPECTION, LLC 401(K) PROFIT SHARING PLAN

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

BUCKEYE PIPE INSPECTION, LLCEIN 46-2726823Plan #001PY 2018

11155 CORY LN - NEWBURY, OH 44065216-905-4931LinkedIn1-10 employeesconstruction

Prospect flagsLow returnsHigh fees

How to read this page

Total assets (EOY)

$285K

+33.9% from 2017

Total participants

+14.3% from 2017

Average account balance

$40,688

+33.9% from 2017

Annual return

-12.56%

-68.73 pp from 2017

Benchmarks

See 38,943 peers

Peer group

Industry23 - Construction

Plan typeDefined contribution

Participants<25

Cohort38,943 peers

Snapshot2018

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

Analytics

Total assets (EOY)

Plan-year ending balance

$1.61M

Not enough data

1 years with asset history on file

Average account balance

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

$124K

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.

216.7%

Not enough data

1 years with eligibility data

Contributions (total)

Employer and participant dollars contributed each year

$116K

Not enough data

1 years with contributions on file

Contributions per participant

Average employer and participant contribution per enrolled participant

$19K

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

+16.72%

Not enough data

1 years with return on file

Admin fee / account holder

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

$1615

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

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 codes2E2F2G2J3D3H

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.
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.
3H
Controlled group member
Plan sponsor(s) is (are) a member(s) of a controlled group (Code sections 414(b) (c) or (m)).

Opportunity flags

2 tripped

OpportunityHigh fees
Administrative expenses exceed $300 per participant per year - possible fee-review opportunity. (Recordkeeping / audit / legal; excludes investment management.)
OpportunityLow returns
Annual investment return is in the bottom quintile of the peer cohort.

Expense breakdown

Schedule H Part II

Admin total

$4K

$888 / participant

Other / not subdivided$4K100.0%

% of EOY assets

1.558%

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

$40,688

$97,761-58.4%

$83,850-51.5%

$135,382-69.9%

Participation rate

80.0%

80.0%0pp

76.1%+3.9pp

82.6%-2.6pp

Annual return

-12.56%

1287.44%-1300.0pp

850.92%-863.5pp

519.77%-532.3pp

Employer contribution / active EE

$7,602

$4,222+80.1%

$3,631+109.4%

$4,779+59.1%

Participant deferral / active EE

$12,153

$4,682+159.6%

$4,082+197.7%

$5,609+116.7%

Admin fee / account holder

$634

$6,674-90.5%

$5,478-88.4%

$10,829-94.1%

BUCKEYE PIPE INSPECTION, LLC 401(K) PROFIT SHARING PLAN

Summary metrics

Benchmarksi

Analytics

Service providersi

Plan features & details

Opportunity flagsi

Expense breakdowni

Audit opinioni

BUCKEYE PIPE INSPECTION, 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