Retirement plan

BADGER SPORTSWEAR, INC. 401K RETIREMENT SAVINGS PLAN

Name: BADGER SPORTSWEAR, INC. - BADGER SPORTSWEAR, INC. 401K RETIREMENT SAVINGS PLAN (2017) Form 5500
Creator: BADGER SPORTSWEAR, INC.
License: https://www.dol.gov/general/disclaim
Keywords: Form 5500, ERISA, retirement plan, BADGER SPORTSWEAR, INC. 401K RETIREMENT SAVINGS PLAN, BADGER SPORTSWEAR, INC.

BADGER SPORTSWEAR, INC.EIN 56-0992548Plan #001PY 2017

P.O. BOX 447 - STATESVILLE, NC 286870447704-871-0990LinkedIn51-200 employeesapparel & fashion

Prospect flagsLow participationLow participant contribution

How to read this page

Total assets (EOY)

$4.8M

+23.3% from 2016

Total participants

150

0.0% from 2016

Average account balance

$102,256

+31.1% from 2016

Annual return

21.34%

+13.52 pp from 2016

Benchmarks

See 2,319 peers

Peer group

Industry44 - Retail Trade

Plan typeDefined contribution

Participants100-249

Cohort2,319 peers

Snapshot2017

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

Analytics

Total assets (EOY)

Plan-year ending balance

$19.39M

Not enough data

1 years with asset history on file

Average account balance

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

$64K

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.

305

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.

80.9%

Not enough data

1 years with eligibility data

Contributions (total)

Employer and participant dollars contributed each year

$1.44M

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

+13.63%

Not enough data

1 years with return on file

Admin fee / account holder

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

$317

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 3 by compensation

Provider	Service type	Compensation
M HOLDING SECURITIES, INC.2 years Service code 22 · EIN 91-1802259	Insurance Broker	$30,747
NATIONWIDE1 year Service code 26 ONE NATIONWIDE PLAZA · COLUMBUS, OH 43215	Advisory (Participants)	$19,776
PLYBON & ASSOCIATES, INC.2 years Service code 14 · EIN 56-0863088	Plan Administrator	$300

Plan features & details

Pension benefit codes2E2F2G2J2K3D

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.
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 participation
Participation rate is below 70% (account-balance holders / active employees) - enrollment or auto-enroll opportunity.
OpportunityLow participant contribution
Participant contribution per participant is in the bottom quintile of the peer cohort.

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: ARROWOOD & ASSOCIATES, PA
Auditor EIN: 561678619
Audit fees: (not subdivided)
Opinion code: Disclaimer

Metric

This plan

Peer set

Industry

Size

Avg account balance

$102,256

$51,466+98.7%

$78,778+29.8%

$62,293+64.2%

Participation rate

31.3%

59.8%-28.5pp

69.2%-37.9pp

69.5%-38.2pp

Annual return

21.34%

19.96%+1.4pp

35.62%-14.3pp

28.90%-7.6pp

Employer contribution / active EE

$235

$827-71.5%

$1,986-88.1%

$2,042-88.5%

Participant deferral / active EE

$884

$2,147-58.8%

$2,958-70.1%

$3,169-72.1%

Admin fee / account holder

$489-100.0%

$5,134-100.0%

$479-100.0%

Provider

Service type

Compensation

M HOLDING SECURITIES, INC.2 years

Service code 22 · EIN 91-1802259

Insurance Broker

$30,747

NATIONWIDE1 year

Service code 26

ONE NATIONWIDE PLAZA · COLUMBUS, OH 43215

Advisory (Participants)

$19,776

PLYBON & ASSOCIATES, INC.2 years

Service code 14 · EIN 56-0863088

Plan Administrator

$300

BADGER SPORTSWEAR, INC. 401K RETIREMENT SAVINGS PLAN

Summary metrics

Benchmarksi

Analytics

Service providersi

Plan features & details

Opportunity flagsi

Audit opinioni

BADGER SPORTSWEAR, INC. 401K RETIREMENT SAVINGS PLAN

Summary metrics

Benchmarksi

Analytics

Service providersi

Plan features & details

Opportunity flagsi

Audit opinioni

Benchmarks

Service providers

Opportunity flags

Audit opinion

Benchmarks

Service providers

Opportunity flags

Audit opinion