Retirement plan

BOOSTER ENTERPRISES, INC. 401(K) PLAN

Name: BOOSTER ENTERPRISES, INC. - BOOSTER ENTERPRISES, INC. 401(K) PLAN (2015) Form 5500
Creator: BOOSTER ENTERPRISES, INC.
License: https://www.dol.gov/general/disclaim
Keywords: Form 5500, ERISA, retirement plan, BOOSTER ENTERPRISES, INC. 401(K) PLAN, BOOSTER ENTERPRISES, INC.

BOOSTER ENTERPRISES, INC.EIN 56-2305120Plan #001PY 2015

1000 MANSELL EXCHANGE WEST - ALPHARETTA, GA 30022770-842-8636

Prospect flagsLow returnsLow participationLow assets / participantLow participant contributionLow fidelity bondCorrective distributions

How to read this page

Total assets (EOY)

$291K

No prior year

Total participants

789

No prior year

Average account balance

$2,061

No prior year

Annual return

-3.51%

No prior year

Benchmarks

See 2,331 peers

Peer group

Industry54 - Professional, Scientific, and Technical Services

Plan typeDefined contribution

Participants250-999

Cohort2,331 peers

Snapshot2015

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

Analytics

Total assets (EOY)

Plan-year ending balance

$10.27M

Not enough data

1 years with asset history on file

Average account balance

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

$30K

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.

345

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.

46.2%

Not enough data

1 years with eligibility data

Contributions (total)

Employer and participant dollars contributed each year

$2.39M

Not enough data

1 years with contributions on file

Contributions per participant

Average employer and participant contribution per enrolled participant

$4K

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

+20.85%

Not enough data

1 years with return on file

Admin fee / account holder

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

$29

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 6 by compensation

Provider	Service type	Compensation
ADP BROKER-DEALER1+ years Filed as: ADP, LLC Service code 15 · EIN 13-3036745	Recordkeeping	$100
ADP BROKER-DEALER1+ years Filed as: ADP BROKER- DEALER Service code 49 · EIN 22-3319984	Other Services	$0
ADP BROKER-DEALER1+ years Service code 59	Shareholder Servicing	$0
STATE STREET GLOBAL ADVISORS1+ years Filed as: STATE STREET CORPORATION Service code 21 · EIN 04-1867745	Bank Trustee	$0
TRAID ADVISORS1+ years Service code 99	Other Fees	$0
TRIAD ADVISORS INC1+ years Filed as: TRIAD ADVISORS Service code 49 4855 RIVER GREEN PKWY · DULUTH, GA 30096	Other Services	$0

Plan features & details

Pension benefit codes2E2F2G2J2S2T3D

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.
2S
Automatic enrollment
Plan provides for automatic enrollment in plan that has elective contributions deducted from payroll.
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

6 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.
OpportunityLow returns
Annual investment return 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.
ComplianceLow fidelity bond
Fidelity bond coverage is below the ERISA section 412 10%-of-assets minimum (capped at $500,000).
ComplianceCorrective distributions
Plan reported corrective distributions (failed ADP/ACP testing).

Expense breakdown

Schedule H Part II

Admin total

$100

$0 / participant

Other / not subdivided$100100.0%

% of EOY assets

0.034%

all-in expense ratio

Categories reported

0 / 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: BATES, CARTER AND CO., LLP
Auditor EIN: 208004844
Audit fees: (not subdivided)
Opinion code: Disclaimer

Metric

This plan

Peer set

Industry

Size

Avg account balance

$2,061

$88,324-97.7%

$115,037-98.2%

$55,191-96.3%

Participation rate

16.8%

72.5%-55.7pp

81.4%-64.6pp

69.2%-52.3pp

Annual return

-3.51%

6.30%-9.8pp

26.14%-29.6pp

10.78%-14.3pp

Employer contribution / active EE

$2,805-100.0%

$4,608-100.0%

$1,899-100.0%

Participant deferral / active EE

$155

$5,042-96.9%

$6,026-97.4%

$3,046-94.9%

Admin fee / account holder

$105-99.3%

$8,175-100.0%

$91-99.2%

Provider

Service type

Compensation

ADP BROKER-DEALER1+ years

Filed as: ADP, LLC

Service code 15 · EIN 13-3036745

Recordkeeping

$100

ADP BROKER-DEALER1+ years

Filed as: ADP BROKER- DEALER

Service code 49 · EIN 22-3319984

Other Services

ADP BROKER-DEALER1+ years

Service code 59

Shareholder Servicing

STATE STREET GLOBAL ADVISORS1+ years

Filed as: STATE STREET CORPORATION

Service code 21 · EIN 04-1867745

Bank Trustee

TRAID ADVISORS1+ years

Service code 99

Other Fees

TRIAD ADVISORS INC1+ years

Filed as: TRIAD ADVISORS

Service code 49

4855 RIVER GREEN PKWY · DULUTH, GA 30096

Other Services

BOOSTER ENTERPRISES, INC. 401(K) PLAN

Summary metrics

Benchmarksi

Analytics

Service providersi

Plan features & details

Opportunity flagsi

Expense breakdowni

Audit opinioni

BOOSTER ENTERPRISES, INC. 401(K) 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