Retirement plan

BC INDUSTRIAL SUPPLY, INC. 401(K) PROFIT SHARING PLAN AND TRUST

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

BC INDUSTRIAL SUPPLY, INC.EIN 59-3332779Plan #001PY 2018

3333 LENOX AVE - JACKSONVILLE, FL 322544225904-751-3741

Prospect flagsHigh feesLow participation

How to read this page

Total assets (EOY)

$1.2M

-0.8% from 2017

Total participants

-25.0% from 2017

Average account balance

$45,221

+6.8% from 2017

Annual return

-5.47%

-23.55 pp from 2017

Benchmarks

See 9,277 peers

Peer group

Industry42 - Wholesale Trade

Plan typeDefined contribution

Participants25-99

Cohort9,277 peers

Snapshot2018

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

Analytics

Total assets (EOY)

Plan-year ending balance

$1.87M

Not enough data

1 years with asset history on file

Average account balance

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

$75K

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.

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.

61.0%

Not enough data

1 years with eligibility data

Contributions (total)

Employer and participant dollars contributed each year

$204K

Not enough data

1 years with contributions on file

Contributions per participant

Average employer and participant contribution per enrolled participant

$5K

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

+14.89%

Not enough data

1 years with return on file

Admin fee / account holder

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

$3301

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

0 years with F_SCH_H allocation on file

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

Service providers

Providers data not reported

Schedule C was not filed on this plan's most recent Form 5500, so no compensated service providers are available to display.

Plan features & details

Pension benefit codes2E2F2G2J2T3D

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.
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

2 tripped

OpportunityLow participation
Participation rate is below 70% (account-balance holders / active employees) - enrollment or auto-enroll opportunity.
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

$114K

$3449 / participant

Other / not subdivided$114K100.0%

% of EOY assets

9.681%

all-in expense ratio

Categories reported

0 / 9

subdivided buckets used

Audit opinion

Schedule H Part III

No opinion code on file for this filing.

Auditor firm: (not reported)
Auditor EIN: -
Audit fees: (not subdivided)
Opinion code: -

Metric

This plan

Peer set

Industry

Size

Avg account balance

$45,221

$72,404-37.5%

$110,243-59.0%

$64,173-29.5%

Participation rate

69.7%

73.3%-3.6pp

79.8%-10.1pp

69.6%+0.1pp

Annual return

-5.47%

-6.29%+0.8pp

314.76%-320.2pp

7.63%-13.1pp

Employer contribution / active EE

$1,671

$2,282-26.8%

$3,827-56.3%

$2,381-29.8%

Participant deferral / active EE

$3,136

$3,469-9.6%

$4,672-32.9%

$3,470-9.6%

Admin fee / account holder

$4,378

$5,664-22.7%

$8,548-48.8%

$4,887-10.4%

BC INDUSTRIAL SUPPLY, INC. 401(K) PROFIT SHARING PLAN AND TRUST

Summary metrics

Benchmarksi

Analytics

Service providersi

Plan features & details

Opportunity flagsi

Expense breakdowni

Audit opinioni

BC INDUSTRIAL SUPPLY, INC. 401(K) 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