Retirement plan

BUDD BAER, INC. UNION EMPLOYEES' RETIREMENT PLAN

Name: BUDD BAER, INC. - BUDD BAER, INC. UNION EMPLOYEES' RETIREMENT PLAN (2015) Form 5500
Creator: BUDD BAER, INC.
License: https://www.dol.gov/general/disclaim
Keywords: Form 5500, ERISA, retirement plan, BUDD BAER, INC. UNION EMPLOYEES' RETIREMENT PLAN, BUDD BAER, INC.

BUDD BAER, INC.EIN 52-1034158Plan #002PY 2015

71 MURTLAND AVENUE - WASHINGTON, PA 15301724-222-0700buddbaer.comLinkedIn51-200 employeesautomotive

Other plans on this EIN

1 filing

#001Retirement-$2.4M assets

Prospect flagsLow assets / participantLow participant contribution

How to read this page

Total assets (EOY)

$644K

No prior year

Total participants

No prior year

Average account balance

$8,817

No prior year

Annual return

-1.73%

No prior year

Benchmarks

See 8,867 peers

Peer group

Industry44 - Retail Trade

Plan typeDefined contribution

Participants25-99

Cohort8,867 peers

Snapshot2015

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

Analytics

Total assets (EOY)

Plan-year ending balance

$1.03M

Not enough data

1 years with asset history on file

Average account balance

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

$17K

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.

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.

115.7%

Not enough data

1 years with eligibility data

Contributions (total)

Employer and participant dollars contributed each year

$157K

Not enough data

1 years with contributions on file

Contributions per participant

Average employer and participant contribution per enrolled participant

$3K

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

+10.84%

Not enough data

1 years with return on file

Admin fee / account holder

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

$3332

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

0 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

OpportunityLow participant contribution
Participant contribution per participant is in the bottom quintile of the peer cohort.
OpportunityLow assets / participant
Assets per participant are in the bottom quintile of the peer cohort - savings-rate / match opportunity.

Expense breakdown

Schedule H Part II

Admin total

$21K

$493 / participant

Other / not subdivided$21K100.0%

% of EOY assets

3.218%

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

$8,817

$45,566-80.6%

$64,105-86.2%

$59,633-85.2%

Participation rate

100.0%

60.2%+39.8pp

68.2%+31.8pp

68.7%+31.3pp

Annual return

-1.73%

4.95%-6.7pp

791.24%-793.0pp

2041.45%-2043.2pp

Employer contribution / active EE

$1,235

$934+32.2%

$1,820-32.1%

$2,203-43.9%

Participant deferral / active EE

$450

$2,057-78.1%

$2,822-84.0%

$3,192-85.9%

Admin fee / account holder

$284

$3,268-91.3%

$4,499-93.7%

$4,297-93.4%

BUDD BAER, INC. UNION EMPLOYEES' RETIREMENT PLAN

Summary metrics

Benchmarksi

Analytics

Service providersi

Plan features & details

Opportunity flagsi

Expense breakdowni

Audit opinioni

BUDD BAER, INC. UNION EMPLOYEES' RETIREMENT 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