Retirement plan

BAYWA R.E. SOLAR PROJECTS, LLC 401(K) PLAN

Name: BAYWA R.E. SOLAR PROJECTS, LLC - BAYWA R.E. SOLAR PROJECTS, LLC 401(K) PLAN (2018) Form 5500
Creator: BAYWA R.E. SOLAR PROJECTS, LLC
License: https://www.dol.gov/general/disclaim
Keywords: Form 5500, ERISA, retirement plan, BAYWA R.E. SOLAR PROJECTS, LLC 401(K) PLAN, BAYWA R.E. SOLAR PROJECTS, LLC

BAYWA R.E. SOLAR PROJECTS, LLCEIN 47-1076725Plan #001PY 2018

17901 VON KARMAN AVENUE #1050 - IRVINE, CA 92614310-820-7080

Prospect flagsHigh feesLow fidelity bond

How to read this page

Total assets (EOY)

$781K

+89.9% from 2017

Total participants

+23.8% from 2017

Average account balance

$18,591

+17.5% from 2017

Annual return

4.85%

-17.40 pp from 2017

Benchmarks

See 1,775 peers

Peer group

Industry11 - Agriculture, Forestry, Fishing and Hunting

Plan typeDefined contribution

Participants25-99

Cohort1,775 peers

Snapshot2018

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

Analytics

Total assets (EOY)

Plan-year ending balance

$16.31M

Not enough data

1 years with asset history on file

Average account balance

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

$70K

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.

234

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.

98.1%

Not enough data

1 years with eligibility data

Contributions (total)

Employer and participant dollars contributed each year

$3.73M

Not enough data

1 years with contributions on file

Contributions per participant

Average employer and participant contribution per enrolled participant

$24K

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

+27.72%

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 codes2E2F2G2J3D

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.

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

$49K

$1017 / participant

Other / not subdivided$49K100.0%

% of EOY assets

6.254%

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

$18,591

$52,836-64.8%

$105,738-82.4%

$64,181-71.0%

Participation rate

79.2%

66.5%+12.6pp

76.3%+2.8pp

69.6%+9.6pp

Annual return

4.85%

14.30%-9.4pp

6.27%-1.4pp

7.63%-2.8pp

Employer contribution / active EE

$2,393

$1,827+31.0%

$3,268-26.8%

$2,381+0.5%

Participant deferral / active EE

$5,882

$2,545+131.1%

$4,080+44.2%

$3,470+69.5%

Admin fee / account holder

$1,163

$3,959-70.6%

$6,913-83.2%

$4,887-76.2%

BAYWA R.E. SOLAR PROJECTS, LLC 401(K) PLAN

Summary metrics

Benchmarksi

Analytics

Service providersi

Plan features & details

Opportunity flagsi

Expense breakdowni

Audit opinioni

BAYWA R.E. SOLAR PROJECTS, LLC 401(K) 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