Retirement plan

BEITZEL CORPORATION AND PILLAR INNOVATIONS LLC 401(K) PROFIT SHARING PLAN

Name: BEITZEL CORPORATION - BEITZEL CORPORATION AND PILLAR INNOVATIONS LLC 401(K) PROFIT SHARING PLAN (2019) Form 5500
Creator: BEITZEL CORPORATION
License: https://www.dol.gov/general/disclaim
Keywords: Form 5500, ERISA, retirement plan, BEITZEL CORPORATION AND PILLAR INNOVATIONS LLC 401(K) PROFIT SHARING PLAN, BEITZEL CORPORATION

BEITZEL CORPORATIONEIN 52-1144641Plan #001PY 2019

333 CORPORATE DRIVE - GRANTSVILLE, MD 21536301-245-4107

Prospect flagsLow employer contribution

How to read this page

Total assets (EOY)

$19.9M

+29.2% from 2018

Total participants

602

+6.0% from 2018

Average account balance

$39,706

+20.9% from 2018

Annual return

24.74%

+26.56 pp from 2018

Benchmarks

See 2,415 peers

Peer group

Industry33 - Manufacturing

Plan typeDefined contribution

Participants250-999

Cohort2,415 peers

Snapshot2019

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

Analytics

Total assets (EOY)

Plan-year ending balance

$34.14M

Not enough data

1 years with asset history on file

Average account balance

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

$38K

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.

889

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.

93.7%

Not enough data

1 years with eligibility data

Contributions (total)

Employer and participant dollars contributed each year

$3.21M

Not enough data

1 years with contributions on file

Contributions per participant

Average employer and participant contribution per enrolled participant

$5K

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

+16.67%

Not enough data

1 years with return on file

Admin fee / account holder

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

$135

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
NATIONWIDE5+ years Service code 15 · EIN 31-1592130	Recordkeeping	$52,971
CBIZ RETIREMENT PLAN SERVICES5+ years Filed as: CBIZ BENEFITS & INSURANCE SERVICES Service code 13 · EIN 52-0807416	Contract Administrator	$32,438

Plan features & details

Pension benefit codes2T2J2K2G2E

Plan features

2E
Profit-sharing
Profit-sharing plan.
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.

Opportunity flags

1 tripped

OpportunityLow employer contribution
Employer contribution per participant is in the bottom quintile of the peer cohort.

Expense breakdown

Schedule H Part II

Admin total

$15K

$28 / participant

Contract admin$15K100.0%

% of EOY assets

0.075%

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: THE RODEHEAVER GROUP P.C.
Auditor EIN: 522006953
Audit fees: (not subdivided)
Opinion code: Disclaimer

Metric

This plan

Peer set

Industry

Size

Avg account balance

$39,706

$73,404-45.9%

$87,103-54.4%

$67,582-41.2%

Participation rate

80.4%

80.9%-0.4pp

76.9%+3.5pp

71.3%+9.1pp

Annual return

24.74%

48.29%-23.5pp

28.19%-3.4pp

378.57%-353.8pp

Employer contribution / active EE

$617

$2,014-69.4%

$2,521-75.5%

$2,148-71.3%

Participant deferral / active EE

$2,815

$3,913-28.1%

$4,049-30.5%

$3,539-20.5%

Admin fee / account holder

$30

$142-79.1%

$7,491-99.6%

$142-79.2%

Provider

Service type

Compensation

NATIONWIDE5+ years

Service code 15 · EIN 31-1592130

Recordkeeping

$52,971

CBIZ RETIREMENT PLAN SERVICES5+ years

Filed as: CBIZ BENEFITS & INSURANCE SERVICES

Service code 13 · EIN 52-0807416

Contract Administrator

$32,438

BEITZEL CORPORATION AND PILLAR INNOVATIONS LLC 401(K) PROFIT SHARING PLAN

Summary metrics

Benchmarksi

Analytics

Service providersi

Plan features & details

Opportunity flagsi

Expense breakdowni

Audit opinioni

BEITZEL CORPORATION AND PILLAR INNOVATIONS LLC 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