Retirement plan

THRIFT PLAN FOR THE EMPLOYEES OF THE BAILEY COMPANY, INC.

Name: THE BAILEY COMPANY, INC. - THRIFT PLAN FOR THE EMPLOYEES OF THE BAILEY COMPANY, INC. (2016) Form 5500
Creator: THE BAILEY COMPANY, INC.
License: https://www.dol.gov/general/disclaim
Keywords: Form 5500, ERISA, retirement plan, THRIFT PLAN FOR THE EMPLOYEES OF THE BAILEY COMPANY, INC., THE BAILEY COMPANY, INC.

THE BAILEY COMPANY, INC.EIN 62-0509807Plan #002PY 2016

501 COWAN STREET - NASHVILLE, TN 37207615-238-2603baileycompany.comLinkedIn201-500 employeeslogistics and supply chain

Prospect flagsLow returnsLow participationLow participant contribution

How to read this page

Total assets (EOY)

$13.5M

+5.4% from 2015

Total participants

338

+4.0% from 2015

Average account balance

$58,007

+5.0% from 2015

Annual return

5.67%

+3.37 pp from 2015

Benchmarks

See 1,219 peers

Peer group

Industry42 - Wholesale Trade

Plan typeDefined contribution

Participants250-999

Cohort1,219 peers

Snapshot2016

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

Analytics

Total assets (EOY)

Plan-year ending balance

$18.63M

Not enough data

1 years with asset history on file

Average account balance

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

$59K

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.

316

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.

70.1%

Not enough data

1 years with eligibility data

Contributions (total)

Employer and participant dollars contributed each year

$1.40M

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

+12.06%

Not enough data

1 years with return on file

Admin fee / account holder

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

$253

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
TRANSAMERICA RETIREMENT SOLUTIONS2+ years Filed as: TRANSAMERICA RETIREMENT SOLUTIONS C Service code 15 · EIN 13-3689044	Recordkeeping	$63,309
CETERA ADVISOR NETWORKS LLC2+ years Service code 22 · EIN 95-3845382	Insurance Broker	$36,838
AVINTUS2+ years Service code 15 · EIN 04-3682160	Recordkeeping	$19,925
CETERA ADVISOR NETWORKS LLC2+ years Filed as: CETERA FINANCIAL GROUP Service code 22 · EIN 30-0588666	Insurance Broker	$3,670

Plan features & details

Pension benefit codes2E2G2J2K3D2F2T

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.
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

3 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.

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: DANIEL IRWIN & TAYLOR
Auditor EIN: 621802605
Audit fees: (not subdivided)
Opinion code: Disclaimer

Metric

This plan

Peer set

Industry

Size

Avg account balance

$58,007

$107,378-46.0%

$108,582-46.6%

$57,658+0.6%

Participation rate

63.1%

77.1%-14.0pp

79.6%-16.5pp

70.2%-7.2pp

Annual return

5.67%

12.80%-7.1pp

-51.70%+57.4pp

5.13%+0.5pp

Employer contribution / active EE

$938

$1,782-47.3%

$3,758-75.0%

$1,974-52.5%

Participant deferral / active EE

$1,584

$3,221-50.8%

$4,311-63.3%

$3,061-48.2%

Admin fee / account holder

$108-100.0%

$7,645-100.0%

$95-100.0%

Provider

Service type

Compensation

TRANSAMERICA RETIREMENT SOLUTIONS2+ years

Filed as: TRANSAMERICA RETIREMENT SOLUTIONS C

Service code 15 · EIN 13-3689044

Recordkeeping

$63,309

CETERA ADVISOR NETWORKS LLC2+ years

Service code 22 · EIN 95-3845382

Insurance Broker

$36,838

AVINTUS2+ years

Service code 15 · EIN 04-3682160

Recordkeeping

$19,925

CETERA ADVISOR NETWORKS LLC2+ years

Filed as: CETERA FINANCIAL GROUP

Service code 22 · EIN 30-0588666

Insurance Broker

$3,670

THRIFT PLAN FOR THE EMPLOYEES OF THE BAILEY COMPANY, INC.

Summary metrics

Benchmarksi

Analytics

Service providersi

Plan features & details

Opportunity flagsi

Audit opinioni

THRIFT PLAN FOR THE EMPLOYEES OF THE BAILEY COMPANY, INC.

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