Retirement plan

BARNHILL CONTRACTING COMPANY PROFIT SHARING PLAN AND TRUST

Name: BARNHILL CONTRACTING COMPANY - BARNHILL CONTRACTING COMPANY PROFIT SHARING PLAN AND TRUST (2016) Form 5500
Creator: BARNHILL CONTRACTING COMPANY
License: https://www.dol.gov/general/disclaim
Keywords: Form 5500, ERISA, retirement plan, BARNHILL CONTRACTING COMPANY PROFIT SHARING PLAN AND TRUST, BARNHILL CONTRACTING COMPANY

BARNHILL CONTRACTING COMPANYEIN 56-0512633Plan #001PY 2016

800 TIFFANY BLVD, SUITE 200 - ROCKY MOUNT, NC 27804252-823-1021

Prospect flagsCorrective distributions

How to read this page

Total assets (EOY)

$48.9M

+6.0% from 2015

Total participants

1,060

+3.1% from 2015

Average account balance

$46,094

+2.8% from 2015

Annual return

5.43%

+4.56 pp from 2015

Benchmarks

See 1,079 peers

Peer group

Industry23 - Construction

Plan typeDefined contribution

Participants250-999

Cohort1,079 peers

Snapshot2016

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

Analytics

Total assets (EOY)

Plan-year ending balance

$78.84M

Not enough data

1 years with asset history on file

Average account balance

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

$62K

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.

1,277

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.

84.9%

Not enough data

1 years with eligibility data

Contributions (total)

Employer and participant dollars contributed each year

$6.40M

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

+14.53%

Not enough data

1 years with return on file

Admin fee / account holder

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

$89

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 1 by compensation

Provider	Service type	Compensation
SUNTRUST BANKS, INC.1 year Filed as: BRANCH BANKING AND TRUST COMPANY Service code 14 · EIN 56-1368984	Plan Administrator	$137,355

Plan features & details

Pension benefit codes2E2F2H2J3D2T

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).
2H
Partial participant-directed account plan
Participants have the opportunity to direct the investment of a portion 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

ComplianceCorrective distributions
Plan reported corrective distributions (failed ADP/ACP testing).

Expense breakdown

Schedule H Part II

Admin total

$137K

$152 / participant

Investment mgmt$62K45.1%
Other / not subdivided$75K54.9%

% of EOY assets

0.281%

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: CARR RIGGS & INGRAM
Auditor EIN: 721396621
Audit fees: (not subdivided)
Opinion code: Disclaimer

Metric

This plan

Peer set

Industry

Size

Avg account balance

$46,094

$57,921-20.4%

$84,753-45.6%

$57,658-20.1%

Participation rate

100.0%

72.9%+27.1pp

76.6%+23.4pp

70.2%+29.8pp

Annual return

5.43%

10.24%-4.8pp

22.78%-17.4pp

5.13%+0.3pp

Employer contribution / active EE

$2,210

$2,598-14.9%

$3,574-38.2%

$1,974+12.0%

Participant deferral / active EE

$1,688

$2,742-38.4%

$3,712-54.5%

$3,061-44.9%

Admin fee / account holder

$130

$130-0.1%

$5,333-97.6%

$95+37.1%

Provider

Service type

Compensation

SUNTRUST BANKS, INC.1 year

Filed as: BRANCH BANKING AND TRUST COMPANY

Service code 14 · EIN 56-1368984

Plan Administrator

$137,355

BARNHILL CONTRACTING COMPANY PROFIT SHARING PLAN AND TRUST

Summary metrics

Benchmarksi

Analytics

Service providersi

Plan features & details

Opportunity flagsi

Expense breakdowni

Audit opinioni

BARNHILL CONTRACTING COMPANY PROFIT SHARING PLAN AND TRUST

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