Retirement plan

BOB HALL, INC. 401(K) PROFIT SHARING PLAN

Name: BOB HALL, INC. - BOB HALL, INC. 401(K) PROFIT SHARING PLAN (2016) Form 5500
Creator: BOB HALL, INC.
License: https://www.dol.gov/general/disclaim
Keywords: Form 5500, ERISA, retirement plan, BOB HALL, INC. 401(K) PROFIT SHARING PLAN, BOB HALL, INC.

BOB HALL, INC.EIN 52-0739532Plan #102PY 2016

5600 S.E. CRAIN HIGHWAY P.O. 1308 - UPPER MARLBORO, MD 20772301-627-1900bobhall.comLinkedIn51-200 employeesfine art

Prospect flagsLow returnsFailed to transmit contributionsCorrective distributions

How to read this page

Total assets (EOY)

$10.6M

No prior year

Total participants

126

No prior year

Average account balance

$95,147

No prior year

Annual return

1.98%

No prior year

Benchmarks

See 9,335 peers

Peer group

Industry42 - Wholesale Trade

Plan typeDefined contribution

Participants25-99

Cohort9,335 peers

Snapshot2016

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

Analytics

Total assets (EOY)

Plan-year ending balance

$14.37M

Not enough data

1 years with asset history on file

Average account balance

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

$137K

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.

105

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.

80.2%

Not enough data

1 years with eligibility data

Contributions (total)

Employer and participant dollars contributed each year

$815K

Not enough data

1 years with contributions on file

Contributions per participant

Average employer and participant contribution per enrolled participant

$8K

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

+17.65%

Not enough data

1 years with return on file

Admin fee / account holder

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

$27

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 4 by compensation

Provider	Service type	Compensation
ABACUS BENEFIT CONSULTANTS INC1+ years Filed as: ABACUS BENEFIT CONSULTANTS OF MD Service code 13 · EIN 45-4369278	Contract Administrator	$4,786
MASSACHUSETTS MUTUAL LIFE INS. CO.1+ years Filed as: MASSACHUSETTS MUTUAL LIFE INSURANCE Service code 52 · EIN 04-1590850	Indirect Investment Fees	$2,465
KESTRA INVESTMENT SERVICES LLC1+ years Service code 53 · EIN 74-2794194	Insurance Commissions	$0
NFP RETIREMENT INC1+ years Filed as: NFP INSURANCE SERVICES, INC Service code 53 · EIN 74-2470431	Insurance Commissions	$0

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

3 tripped

OpportunityLow returns
Annual investment return is in the bottom quintile of the peer cohort.
ComplianceFailed to transmit contributions
Form 5500 reported a failure to timely transmit participant contributions (Schedule H line 4a).
ComplianceCorrective distributions
Plan reported corrective distributions (failed ADP/ACP testing).

Expense breakdown

Schedule H Part II

Admin total

$2K

$26 / participant

Contract admin$2K100.0%

% of EOY assets

0.023%

all-in expense ratio

Categories reported

1 / 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: PBMARES, LLP
Auditor EIN: 540737372
Audit fees: (not subdivided)
Opinion code: Disclaimer

Metric

This plan

Peer set

Industry

Size

Avg account balance

$95,147

$69,977+36.0%

$108,582-12.4%

$62,881+51.3%

Participation rate

84.0%

72.9%+11.1pp

79.6%+4.5pp

69.3%+14.7pp

Annual return

1.98%

10.73%-8.8pp

-51.70%+53.7pp

20.14%-18.2pp

Employer contribution / active EE

$4,424

$2,135+107.2%

$3,758+17.7%

$2,281+94.0%

Participant deferral / active EE

$2,516

$3,165-20.5%

$4,311-41.6%

$3,203-21.5%

Admin fee / account holder

$22

$5,076-99.6%

$7,645-99.7%

$4,296-99.5%

Provider

Service type

Compensation

ABACUS BENEFIT CONSULTANTS INC1+ years

Filed as: ABACUS BENEFIT CONSULTANTS OF MD

Service code 13 · EIN 45-4369278

Contract Administrator

$4,786

MASSACHUSETTS MUTUAL LIFE INS. CO.1+ years

Filed as: MASSACHUSETTS MUTUAL LIFE INSURANCE

Service code 52 · EIN 04-1590850

Indirect Investment Fees

$2,465

KESTRA INVESTMENT SERVICES LLC1+ years

Service code 53 · EIN 74-2794194

Insurance Commissions

NFP RETIREMENT INC1+ years

Filed as: NFP INSURANCE SERVICES, INC

Service code 53 · EIN 74-2470431

Insurance Commissions

BOB HALL, INC. 401(K) PROFIT SHARING PLAN

Summary metrics

Benchmarksi

Analytics

Service providersi

Plan features & details

Opportunity flagsi

Expense breakdowni

Audit opinioni

BOB HALL, INC. 401(K) PROFIT SHARING 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