Retirement plan

BEAVERFIT NORTH AMERICA, LLC 401(K) PROFIT SHARING PLAN

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

BEAVERFIT NORTH AMERICA, LLCEIN 46-4883070Plan #001PY 2018

120 WOODLAND AVENUE, SUITE D - RENO, NV 89523775-624-6307beaverfitusa.comLinkedIn51-200 employeeshealth, wellness and fitness

Prospect flagsLow assets / participant

How to read this page

Total assets (EOY)

$243K

No prior year

Total participants

No prior year

Average account balance

$12,138

No prior year

Annual return

0.00%

No prior year

Benchmarks

See 21,281 peers

Peer group

Industry33 - Manufacturing

Plan typeDefined contribution

Participants<25

Cohort21,281 peers

Snapshot2018

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

Analytics

Total assets (EOY)

Plan-year ending balance

$4.25M

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.

114

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.

154.1%

Not enough data

1 years with eligibility data

Contributions (total)

Employer and participant dollars contributed each year

$783K

Not enough data

1 years with contributions on file

Contributions per participant

Average employer and participant contribution per enrolled participant

$11K

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

+11.91%

Not enough data

1 years with return on file

Admin fee / account holder

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

$854

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 codes2E2J2R3D

Plan features

2E
Profit-sharing
Profit-sharing plan.
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.
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

1 tripped

OpportunityLow assets / participant
Assets per participant are in the bottom quintile of the peer cohort - savings-rate / match opportunity.

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

$12,138

$92,219-86.8%

$76,768-84.2%

$135,379-91.0%

Participation rate

95.0%

79.8%+15.2pp

77.0%+18.0pp

82.6%+12.4pp

Annual return

0.00%

5.46%-5.5pp

2.43%-2.4pp

519.79%-519.8pp

Employer contribution / active EE

$3,893

$3,216+21.1%

$2,485+56.6%

$4,779-18.5%

Participant deferral / active EE

$5,187

$4,508+15.0%

$3,852+34.7%

$5,609-7.5%

Admin fee / account holder

$10,749-100.0%

$6,675-100.0%

$10,828-100.0%

BEAVERFIT NORTH AMERICA, LLC 401(K) PROFIT SHARING PLAN

Summary metrics

Benchmarksi

Analytics

Service providersi

Plan features & details

Opportunity flagsi

Audit opinioni

BEAVERFIT NORTH AMERICA, LLC 401(K) PROFIT SHARING PLAN

Summary metrics

Benchmarksi

Analytics

Service providersi

Plan features & details

Opportunity flagsi

Audit opinioni

Benchmarks

Service providers

Opportunity flags

Audit opinion

Benchmarks

Service providers

Opportunity flags

Audit opinion