Retirement plan

BTM COMPANY LLC EMPLOYEES' 401(K) PLAN AND TRUST

Name: BTM COMPANY LLC - BTM COMPANY LLC EMPLOYEES' 401(K) PLAN AND TRUST (2024) Form 5500
Creator: BTM COMPANY LLC
License: https://www.dol.gov/general/disclaim
Keywords: Form 5500, ERISA, retirement plan, BTM COMPANY LLC EMPLOYEES' 401(K) PLAN AND TRUST, BTM COMPANY LLC

BTM COMPANY LLCEIN 47-3651348Plan #001PY 2024

300 DAVIS RD - MARYSVILLE, MI 480401955810-364-4567btmcomp.comLinkedIn201-500 employeesindustrial automation

Prospect flagsNo flags tripped

How to read this page

Total assets (EOY)

$10.2M

-2.8% from 2023

Total participants

139

-6.1% from 2023

Average account balance

$74,462

+3.6% from 2023

Annual return

15.11%

-1.08 pp from 2023

Benchmarks

See 4,103 peers

Peer group

Industry33 - Manufacturing

Plan typeDefined contribution

Participants100-249

Cohort4,103 peers

Snapshot2024

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

Analytics

Total assets (EOY)

Plan-year ending balance

$10.20M

Not enough data

1 years with asset history on file

Average account balance

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

$74K

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.

137

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.

98.3%

Not enough data

1 years with eligibility data

Contributions (total)

Employer and participant dollars contributed each year

$740K

Not enough data

1 years with contributions on file

Contributions per participant

Average employer and participant contribution per enrolled participant

$6K

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

+15.11%

Not enough data

1 years with return on file

Admin fee / account holder

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

$206

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

Top 1 by compensation

Provider	Service type	Compensation
FIDELITY INVESTMENTS INSTITUTIONAL7 years Service code 37 · EIN 04-2647786	Loan Processing	$25,332

Plan features & details

Pension benefit codes2F2G2J3B2E2T3D

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.
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.
3B
Plan covering self-employed individuals
Plan covering self-employed individuals.
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

0 tripped

No flags tripped for this filing year. This plan looks clean.

Expense breakdown

Schedule H Part II

Admin total

$28K

$236 / participant

Recordkeeping$25K89.6%
Investment mgmt$3K10.4%

% of EOY assets

0.277%

all-in expense ratio

Categories reported

2 / 9

subdivided buckets used

Audit opinion

Schedule H Part III

Unqualified opinion

Auditor signed off without reservation - the cleanest possible opinion.

Auditor firm: DOEREN MAYHEW CPAS AND ADVISORS
Auditor EIN: 382492570
Audit fees: $0
Opinion code: Unqualified

Metric

This plan

Peer set

Industry

Size

Avg account balance

$74,462

$79,181-6.0%

$102,423-27.3%

$74,4290%

Participation rate

98.3%

74.8%+23.6pp

76.5%+21.8pp

67.2%+31.1pp

Annual return

15.11%

54.97%-39.9pp

29.42%-14.3pp

1368.38%-1353.3pp

Employer contribution / active EE

$2,020

$2,362-14.5%

$3,023-33.2%

$2,625-23.1%

Participant deferral / active EE

$4,149

$4,416-6.0%

$5,054-17.9%

$4,348-4.6%

Admin fee / account holder

$206

$2,002-89.7%

$9,455-97.8%

$1,944-89.4%

Provider

Service type

Compensation

FIDELITY INVESTMENTS INSTITUTIONAL7 years

Service code 37 · EIN 04-2647786

Loan Processing

$25,332

BTM COMPANY LLC EMPLOYEES' 401(K) PLAN AND TRUST

Summary metrics

Benchmarksi

Analytics

Service providersi

Plan features & details

Opportunity flagsi

Expense breakdowni

Audit opinioni

BTM COMPANY LLC EMPLOYEES' 401(K) PLAN AND TRUST

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