Retirement plan

BARNES HEALTH CARE SERVICES 401 (K) PLAN

Name: BARNES DRUG STORE OF VALDOSTA, INC. - BARNES HEALTH CARE SERVICES 401 (K) PLAN (2016) Form 5500
Creator: BARNES DRUG STORE OF VALDOSTA, INC.
License: https://www.dol.gov/general/disclaim
Keywords: Form 5500, ERISA, retirement plan, BARNES HEALTH CARE SERVICES 401 (K) PLAN, BARNES DRUG STORE OF VALDOSTA, INC.

BARNES DRUG STORE OF VALDOSTA, INC.EIN 58-0954259Plan #001PY 2016

P.O. BOX 160 - VALDOSTA, GA 31601229-245-6039LinkedIn201-500 employeesmedical devices

Prospect flagsNo flags tripped

How to read this page

Total assets (EOY)

$5.9M

+7.4% from 2015

Total participants

238

-2.9% from 2015

Average account balance

$24,587

+10.6% from 2015

Annual return

6.84%

+7.09 pp from 2015

Benchmarks

See 2,356 peers

Peer group

Industry44 - Retail Trade

Plan typeDefined contribution

Participants100-249

Cohort2,356 peers

Snapshot2016

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

Analytics

Total assets (EOY)

Plan-year ending balance

$5.29M

Not enough data

1 years with asset history on file

Average account balance

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

$22K

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.

244

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.

84.3%

Not enough data

1 years with eligibility data

Contributions (total)

Employer and participant dollars contributed each year

$322K

Not enough data

1 years with contributions on file

Contributions per participant

Average employer and participant contribution per enrolled participant

$2K

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

+11.95%

Not enough data

1 years with return on file

Admin fee / account holder

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

$182

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 4 by compensation

Provider	Service type	Compensation
HENDERSON & GODBEE, LLP2+ years Service code 10 · EIN 20-3934701	Accounting	$28,893
AMERICAN FUNDS2+ years Filed as: CAPITAL RESEARCH AND MANAGEMENT CO. Service code 64 · EIN 95-1411037	Recordkeeping Fees	$7,410
CLEMENTS, PURVIS & STEWART, PC1 year Service code 10 · EIN 58-1414947	Accounting	$6,000
STIFEL NICOLAUS & CO INC1 year Filed as: STIFEL NICOLAUS & COMPANY, INC Service code 55 · EIN 43-0538770	Other Commissions	$0

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

0 tripped

No flags tripped for this filing year. This plan looks clean.

Expense breakdown

Schedule H Part II

Admin total

$54K

$265 / participant

Other / not subdivided$54K100.0%

% of EOY assets

0.918%

all-in expense ratio

Categories reported

0 / 9

subdivided buckets used

Audit opinion

Schedule H Part III

Unqualified opinion

Auditor signed off without reservation - the cleanest possible opinion.

Auditor firm: CLEMENTS, PURVIS & STEWART, PC
Auditor EIN: 581414947
Audit fees: (not subdivided)
Opinion code: Unqualified

Metric

This plan

Peer set

Industry

Size

Avg account balance

$24,587

$42,546-42.2%

$71,796-65.8%

$55,167-55.4%

Participation rate

100.0%

59.1%+40.9pp

69.1%+30.9pp

69.0%+31.0pp

Annual return

6.84%

12.36%-5.5pp

78.04%-71.2pp

169.23%-162.4pp

Employer contribution / active EE

$461

$803-42.7%

$1,924-76.1%

$1,963-76.5%

Participant deferral / active EE

$2,669

$2,064+29.3%

$2,794-4.5%

$3,054-12.6%

Admin fee / account holder

$226

$650-65.3%

$4,815-95.3%

$504-55.2%

Provider

Service type

Compensation

HENDERSON & GODBEE, LLP2+ years

Service code 10 · EIN 20-3934701

Accounting

$28,893

AMERICAN FUNDS2+ years

Filed as: CAPITAL RESEARCH AND MANAGEMENT CO.

Service code 64 · EIN 95-1411037

Recordkeeping Fees

$7,410

CLEMENTS, PURVIS & STEWART, PC1 year

Service code 10 · EIN 58-1414947

Accounting

$6,000

STIFEL NICOLAUS & CO INC1 year

Filed as: STIFEL NICOLAUS & COMPANY, INC

Service code 55 · EIN 43-0538770

Other Commissions

BARNES HEALTH CARE SERVICES 401 (K) PLAN

Summary metrics

Benchmarksi

Analytics

Service providersi

Plan features & details

Opportunity flagsi

Expense breakdowni

Audit opinioni

BARNES HEALTH CARE SERVICES 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