Retirement plan

BAY WORLD INTERNATIONAL, INC. 401(K) PROFIT SHARING PLAN

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

BAY WORLD INTERNATIONAL, INC.EIN 52-1321217Plan #001PY 2016

395 REED ST. - MANSFIELD, OH 44903419-525-2222

Other plans on this EIN

1 filing

#003Retirement-$2.6M assets

Prospect flagsHigh fees

How to read this page

Total assets (EOY)

$3.3M

+8.9% from 2015

Total participants

+6.4% from 2015

Average account balance

$68,174

+0.0% from 2015

Annual return

8.93%

+11.41 pp from 2015

Benchmarks

See 6,045 peers

Peer group

Industry32 - Manufacturing

Plan typeDefined contribution

Participants25-99

Cohort6,045 peers

Snapshot2016

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

Analytics

Total assets (EOY)

Plan-year ending balance

$4.85M

Not enough data

1 years with asset history on file

Average account balance

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

$57K

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.

128.8%

Not enough data

1 years with eligibility data

Contributions (total)

Employer and participant dollars contributed each year

$438K

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

+12.11%

Not enough data

1 years with return on file

Admin fee / account holder

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

$10668

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 codes2E2J

Plan features

2E
Profit-sharing
Profit-sharing plan.
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.

Opportunity flags

1 tripped

OpportunityHigh fees
Administrative expenses exceed $300 per participant per year - possible fee-review opportunity. (Recordkeeping / audit / legal; excludes investment management.)

Expense breakdown

Schedule H Part II

Admin total

$274K

$6516 / participant

Other / not subdivided$274K100.0%

% of EOY assets

8.193%

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

$68,174

$58,828+15.9%

$78,002-12.6%

$62,881+8.4%

Participation rate

97.6%

71.1%+26.6pp

75.5%+22.1pp

69.3%+28.3pp

Annual return

8.93%

17.16%-8.2pp

425.99%-417.1pp

20.14%-11.2pp

Employer contribution / active EE

$4,618

$1,672+176.3%

$2,470+87.0%

$2,281+102.5%

Participant deferral / active EE

$1,845

$2,686-31.3%

$3,497-47.2%

$3,203-42.4%

Admin fee / account holder

$5,585

$4,393+27.1%

$5,481+1.9%

$4,296+30.0%

BAY WORLD INTERNATIONAL, INC. 401(K) PROFIT SHARING PLAN

Summary metrics

Benchmarksi

Analytics

Service providersi

Plan features & details

Opportunity flagsi

Expense breakdowni

Audit opinioni

BAY WORLD INTERNATIONAL, 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