Retirement plan

BOATRIGHT COMPANY, INC. 401(K) PLAN

Name: BOATRIGHT COMPANY, INC. - BOATRIGHT COMPANY, INC. 401(K) PLAN (2024) Form 5500
Creator: BOATRIGHT COMPANY, INC.
License: https://www.dol.gov/general/disclaim
Keywords: Form 5500, ERISA, retirement plan, BOATRIGHT COMPANY, INC. 401(K) PLAN, BOATRIGHT COMPANY, INC.

BOATRIGHT COMPANY, INC.EIN 48-1259658Plan #001PY 2024

653B BLACK CREEK ROAD - BIRMINGHAM, AL 352171180205-841-4406

Prospect flagsLow returns

How to read this page

Total assets (EOY)

$8.3M

+7.9% from 2023

Total participants

109

-6.0% from 2023

Average account balance

$76,482

+14.9% from 2023

Annual return

9.22%

-3.78 pp from 2023

Benchmarks

See 18,574 peers

Peer group

Industry23 - Construction

Plan typeDefined contribution

Participants25-99

Cohort18,574 peers

Snapshot2024

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

Analytics

Total assets (EOY)

Plan-year ending balance

$8.34M

Not enough data

1 years with asset history on file

Average account balance

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

$76K

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.

109

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.

100.0%

Not enough data

1 years with eligibility data

Contributions (total)

Employer and participant dollars contributed each year

$579K

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

+9.22%

Not enough data

1 years with return on file

Admin fee / account holder

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

$78

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 2 by compensation

Provider	Service type	Compensation
RT JONES CAPITAL EQUITIES MGMT INC1 year Filed as: JONES CAPITAL EQUITIES MGMT INC Service code 26 · EIN 35-0145825	Advisory (Participants)	$5,765
AMERICAN UNITED LIFE INSURANCE CO6 years Service code 52	Indirect Investment Fees	$0

Plan features & details

Pension benefit codes2E2F2G2J2T3D

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.
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 returns
Annual investment return is in the bottom quintile of the peer cohort.

Expense breakdown

Schedule H Part II

Admin total

$9K

$95 / participant

Contract admin$9K100.0%

% of EOY assets

0.102%

all-in expense ratio

Categories reported

1 / 9

subdivided buckets used

Audit opinion

Schedule H Part III

Unqualified opinion

Auditor signed off without reservation - the cleanest possible opinion.

Auditor firm: MDA PROFESSIONAL GROUP, P.C.
Auditor EIN: 630681783
Audit fees: (not subdivided)
Opinion code: Unqualified

Metric

This plan

Peer set

Industry

Size

Avg account balance

$76,482

$81,446-6.1%

$103,374-26.0%

$80,874-5.4%

Participation rate

100.0%

66.9%+33.1pp

74.5%+25.5pp

67.6%+32.4pp

Annual return

9.22%

25.57%-16.3pp

24.89%-15.7pp

35.62%-26.4pp

Employer contribution / active EE

$2,296

$3,107-26.1%

$3,869-40.7%

$2,756-16.7%

Participant deferral / active EE

$4,135

$3,870+6.9%

$5,058-18.2%

$4,297-3.8%

Admin fee / account holder

$78

$6,715-98.8%

$8,394-99.1%

$6,935-98.9%

Provider

Service type

Compensation

RT JONES CAPITAL EQUITIES MGMT INC1 year

Filed as: JONES CAPITAL EQUITIES MGMT INC

Service code 26 · EIN 35-0145825

Advisory (Participants)

$5,765

AMERICAN UNITED LIFE INSURANCE CO6 years

Service code 52

Indirect Investment Fees

BOATRIGHT COMPANY, INC. 401(K) PLAN

Summary metrics

Benchmarksi

Analytics

Service providersi

Plan features & details

Opportunity flagsi

Expense breakdowni

Audit opinioni

BOATRIGHT COMPANY, INC. 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