Retirement plan

BURTON & BURTON PROFIT SHARING AND 401(K) PLAN

Name: BURTON & BURTON, INC. - BURTON & BURTON PROFIT SHARING AND 401(K) PLAN (2018) Form 5500
Creator: BURTON & BURTON, INC.
License: https://www.dol.gov/general/disclaim
Keywords: Form 5500, ERISA, retirement plan, BURTON & BURTON PROFIT SHARING AND 401(K) PLAN, BURTON & BURTON, INC.

BURTON & BURTON, INC.EIN 58-0811291Plan #001PY 2018

325 CLEVELAND ROAD - BOGART, GA 306221766706-548-1588burtonandburton.comLinkedIn201-500 employeeswholesale

Prospect flagsHigh fees

How to read this page

Total assets (EOY)

$39.5M

+9.5% from 2017

Total participants

286

+4.8% from 2017

Average account balance

$147,553

+8.7% from 2017

Annual return

11.10%

-2.22 pp from 2017

Benchmarks

See 2,344 peers

Peer group

Industry42 - Wholesale Trade

Plan typeDefined contribution

Participants100-249

Cohort2,344 peers

Snapshot2018

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

Analytics

Total assets (EOY)

Plan-year ending balance

$54.64M

Not enough data

1 years with asset history on file

Average account balance

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

$193K

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.

283

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.

97.3%

Not enough data

1 years with eligibility data

Contributions (total)

Employer and participant dollars contributed each year

$1.31M

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

+10.11%

Not enough data

1 years with return on file

Admin fee / account holder

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

$369

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
BB&T3+ years Filed as: BB & T Service code 16 · EIN 56-1368984	Consulting	$75,834
INVESTMENT RESEARCH & ADVISORY GROU3+ years Filed as: INVESTMENT RESEARCH & ADVISORY GRP. Service code 16 1180 WEST PEACHTREE ST, STE 2475 · ATLANTA, GA 30309	Consulting	$36,555

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

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

$112K

$476 / participant

Investment mgmt$37K32.5%
Other / not subdivided$76K67.5%

% of EOY assets

0.284%

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: ARGO & ASSOCIATES, LLP
Auditor EIN: 570781073
Audit fees: (not subdivided)
Opinion code: Disclaimer

Metric

This plan

Peer set

Industry

Size

Avg account balance

$147,553

$66,302+122.5%

$110,241+33.8%

$56,287+162.1%

Participation rate

92.4%

74.9%+17.5pp

79.8%+12.6pp

69.9%+22.5pp

Annual return

11.10%

-1.18%+12.3pp

314.75%-303.7pp

-9.96%+21.1pp

Employer contribution / active EE

$3,477

$2,047+69.9%

$3,827-9.1%

$2,111+64.7%

Participant deferral / active EE

$3,185

$3,381-5.8%

$4,672-31.8%

$3,350-4.9%

Admin fee / account holder

$419

$698-40.0%

$8,548-95.1%

$521-19.5%

Provider

Service type

Compensation

BB&T3+ years

Filed as: BB & T

Service code 16 · EIN 56-1368984

Consulting

$75,834

INVESTMENT RESEARCH & ADVISORY GROU3+ years

Filed as: INVESTMENT RESEARCH & ADVISORY GRP.

Service code 16

1180 WEST PEACHTREE ST, STE 2475 · ATLANTA, GA 30309

Consulting

$36,555

BURTON & BURTON PROFIT SHARING AND 401(K) PLAN

Summary metrics

Benchmarksi

Analytics

Service providersi

Plan features & details

Opportunity flagsi

Expense breakdowni

Audit opinioni

BURTON & BURTON PROFIT SHARING AND 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