Retirement plan

BERKEL & COMPANY CONTRACTORS, INC. DEFERRED WAGE RETIREMENT TRUST

Name: BERKEL & COMPANY CONTRACTORS, INC. - BERKEL & COMPANY CONTRACTORS, INC. DEFERRED WAGE RETIREMENT TRUST (2016) Form 5500
Creator: BERKEL & COMPANY CONTRACTORS, INC.
License: https://www.dol.gov/general/disclaim
Keywords: Form 5500, ERISA, retirement plan, BERKEL & COMPANY CONTRACTORS, INC. DEFERRED WAGE RETIREMENT TRUST, BERKEL & COMPANY CONTRACTORS, INC.

BERKEL & COMPANY CONTRACTORS, INC.EIN 48-0650969Plan #002PY 2016

2649 SOUTH 142ND ST, P.O. BOX 335 - BONNER SPRINGS, KS 66012913-422-5125berkelandcompany.comLinkedIn201-500 employeesconstruction

Other plans on this EIN

1 filing

#001Retirement-$73.1M assets

Prospect flagsHigh cashLow participation

How to read this page

Total assets (EOY)

$14.2M

+5.3% from 2015

Total participants

444

+2.1% from 2015

Average account balance

$53,123

-1.1% from 2015

Annual return

5.58%

+6.53 pp from 2015

Benchmarks

See 1,079 peers

Peer group

Industry23 - Construction

Plan typeDefined contribution

Participants250-999

Cohort1,079 peers

Snapshot2016

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

Analytics

Total assets (EOY)

Plan-year ending balance

$35.48M

Not enough data

1 years with asset history on file

Average account balance

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

$106K

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.

334

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.

63.5%

Not enough data

1 years with eligibility data

Contributions (total)

Employer and participant dollars contributed each year

$2.82M

Not enough data

1 years with contributions on file

Contributions per participant

Average employer and participant contribution per enrolled participant

$7K

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

+13.59%

Not enough data

1 years with return on file

Admin fee / account holder

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

$558

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 5 by compensation

Provider	Service type	Compensation
BROTHERHOOD BANK AND TRUST2+ years Filed as: BROTHERHOOD BANK & TRUST Service code 21 756 MINNESOTA AVE · KANSAS CITY, KS 66101	Bank Trustee	$41,199
DEMARS PENSION CONSULTING SERVICES2+ years Filed as: DEMARS PENSION CONSULTING SVCS INC Service code 10 8700 INDIAN CREEK PKWY, STE 185 · OVERLAND PARK, KS 66210	Accounting	$14,227
ALLIANCE PENSION CONSULTANTS, LLC2+ years Filed as: NORTH AMERICAN K-TRADE ALLIANCE LLC Service code 10 1500 NORTH OAK DRIVE, SUITE B · PLYMOUTH, IN 46569	Accounting	$5,908
LATHROP GPM2+ years Filed as: LATHROP & GAGE Service code 29 · EIN 43-0948710	Legal	$1,113
CHARLES SCHWAB & CO., INC.1 year Filed as: CHARLES SCHWAB & TRUST COMPANY Service code 19 · EIN 94-1737782 12401 RESEARCH BLVD · AUSTIN, TX 78759	Securities Custodian	$431

Plan features & details

Pension benefit codes2E2F2G2J2K2T3D

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.
2K
Code section 401(m) arrangement
Employee contributions are allocated to separate accounts under the plan or employer contributions are based in whole or in part on employee deferrals or contributions to the plan. Not applicable to 401(k) plans with only QNECs and/or QMACs or to 403(b)(1) 403(b)(7) or 408 arrangements.
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

OpportunityLow participation
Participation rate is below 70% (account-balance holders / active employees) - enrollment or auto-enroll opportunity.
OpportunityHigh cash
More than 10% of assets are held in cash - possible menu-design or default-fund problem.

Expense breakdown

Schedule H Part II

Admin total

$63K

$162 / participant

Other / not subdivided$63K100.0%

% of EOY assets

0.443%

all-in expense ratio

Categories reported

0 / 9

subdivided buckets used

Audit opinion

Schedule H Part III

Disclaimer opinion

Auditor declined to express an opinion - usually a 103(a)(3)(C) limited-scope election.

Auditor firm: BKD, LLP
Auditor EIN: 440160260
Audit fees: (not subdivided)
Opinion code: Disclaimer

Metric

This plan

Peer set

Industry

Size

Avg account balance

$53,123

$57,921-8.3%

$84,753-37.3%

$57,658-7.9%

Participation rate

54.5%

72.9%-18.4pp

76.6%-22.1pp

70.2%-15.7pp

Annual return

5.58%

10.24%-4.7pp

22.78%-17.2pp

5.13%+0.5pp

Employer contribution / active EE

$1,551

$2,598-40.3%

$3,574-56.6%

$1,974-21.4%

Participant deferral / active EE

$2,894

$2,742+5.5%

$3,712-22.0%

$3,061-5.4%

Admin fee / account holder

$235

$130+81.6%

$5,333-95.6%

$95+149.1%

Provider

Service type

Compensation

BROTHERHOOD BANK AND TRUST2+ years

Filed as: BROTHERHOOD BANK & TRUST

Service code 21

756 MINNESOTA AVE · KANSAS CITY, KS 66101

Bank Trustee

$41,199

DEMARS PENSION CONSULTING SERVICES2+ years

Filed as: DEMARS PENSION CONSULTING SVCS INC

Service code 10

8700 INDIAN CREEK PKWY, STE 185 · OVERLAND PARK, KS 66210

Accounting

$14,227

ALLIANCE PENSION CONSULTANTS, LLC2+ years

Filed as: NORTH AMERICAN K-TRADE ALLIANCE LLC

Service code 10

1500 NORTH OAK DRIVE, SUITE B · PLYMOUTH, IN 46569

Accounting

$5,908

LATHROP GPM2+ years

Filed as: LATHROP & GAGE

Service code 29 · EIN 43-0948710

Legal

$1,113

CHARLES SCHWAB & CO., INC.1 year

Filed as: CHARLES SCHWAB & TRUST COMPANY

Service code 19 · EIN 94-1737782

12401 RESEARCH BLVD · AUSTIN, TX 78759

Securities Custodian

$431

BERKEL & COMPANY CONTRACTORS, INC. DEFERRED WAGE RETIREMENT TRUST

Summary metrics

Benchmarksi

Analytics

Service providersi

Plan features & details

Opportunity flagsi

Expense breakdowni

Audit opinioni

BERKEL & COMPANY CONTRACTORS, INC. DEFERRED WAGE RETIREMENT 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