Retirement plan

BUILDING PLASTICS, INC. PROFIT SHARING PLAN

Name: BUILDING PLASTICS, INC. - BUILDING PLASTICS, INC. PROFIT SHARING PLAN (2020) Form 5500
Creator: BUILDING PLASTICS, INC.
License: https://www.dol.gov/general/disclaim
Keywords: Form 5500, ERISA, retirement plan, BUILDING PLASTICS, INC. PROFIT SHARING PLAN, BUILDING PLASTICS, INC.

BUILDING PLASTICS, INC.EIN 62-1073161Plan #001PY 2020

3263 SHARPE AVENUE - MEMPHIS, TN 38111901-744-6200LinkedIn1-10 employeesbuilding materials

Other plans on this EIN

1 filing

#002Retirement-$28.4M assets

Prospect flagsNo flags tripped

How to read this page

Total assets (EOY)

$29.6M

+15.2% from 2019

Total participants

637

+2.4% from 2019

Average account balance

$56,488

+12.5% from 2019

Annual return

15.09%

-3.16 pp from 2019

Benchmarks

See 1,160 peers

Peer group

Industry32 - Manufacturing

Plan typeDefined contribution

Participants250-999

Cohort1,160 peers

Snapshot2020

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

Analytics

Total assets (EOY)

Plan-year ending balance

$35.76M

Not enough data

1 years with asset history on file

Average account balance

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

$66K

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.

539

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.

67.4%

Not enough data

1 years with eligibility data

Contributions (total)

Employer and participant dollars contributed each year

$1.97M

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

+12.71%

Not enough data

1 years with return on file

Admin fee / account holder

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

$243

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 5 by compensation

Provider	Service type	Compensation
GREAT-WEST LIFE & ANNUITY INSURANCE5 years Service code 64 8515 EAST ORCHARD ROAD · GREENWOOD VILLAGE, CO 80111	Recordkeeping Fees	$46,385
LPL FINANCIAL5 years Filed as: LPL FINANCIAL, LLC Service code 27 P.O. BOX 509026 · SAN DIEGO, CA 921509026	Advisory (Plan)	$45,902
GREAT-WEST LIFE & ANNUITY INSURANCE2 years Filed as: ADVISED ASSETS GROUP Service code 28 8515 EAST ORCHARD ROAD · GREENWOOD VILLAGE, CO 80111	Investment Management	$10,277
DUNCAN WILLIAMS ASSET MANAGEMENT1 year Service code 27 LAW OFFICES OF DAVID P. WALKER P.C. · MEMPHIS, TN 38119	Advisory (Plan)	$9,015
PINPOINT FINANCIAL, LLC6+ years Service code 13 3238 PLAYERS CLUB CIRCLE · MEMPHIS, TN 38125	Contract Administrator	$4,225

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

$108K

$244 / participant

Other / not subdivided$108K100.0%

% of EOY assets

0.364%

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: CANNON WRIGHT BLOUNT, PLLC
Auditor EIN: 621657946
Audit fees: (not subdivided)
Opinion code: Unqualified

Metric

This plan

Peer set

Industry

Size

Avg account balance

$56,488

$85,135-33.6%

$98,920-42.9%

$73,412-23.1%

Participation rate

74.4%

81.1%-6.7pp

76.0%-1.6pp

72.2%+2.3pp

Annual return

15.09%

19.14%-4.0pp

196.47%-181.4pp

59.30%-44.2pp

Employer contribution / active EE

$2,721-100.0%

$2,689-100.0%

$2,234-100.0%

Participant deferral / active EE

$3,442

$4,349-20.9%

$4,245-18.9%

$3,806-9.6%

Admin fee / account holder

$206

$139+47.7%

$6,643-96.9%

$158+30.3%

Provider

Service type

Compensation

GREAT-WEST LIFE & ANNUITY INSURANCE5 years

Service code 64

8515 EAST ORCHARD ROAD · GREENWOOD VILLAGE, CO 80111

Recordkeeping Fees

$46,385

LPL FINANCIAL5 years

Filed as: LPL FINANCIAL, LLC

Service code 27

P.O. BOX 509026 · SAN DIEGO, CA 921509026

Advisory (Plan)

$45,902

GREAT-WEST LIFE & ANNUITY INSURANCE2 years

Filed as: ADVISED ASSETS GROUP

Service code 28

8515 EAST ORCHARD ROAD · GREENWOOD VILLAGE, CO 80111

Investment Management

$10,277

DUNCAN WILLIAMS ASSET MANAGEMENT1 year

Service code 27

LAW OFFICES OF DAVID P. WALKER P.C. · MEMPHIS, TN 38119

Advisory (Plan)

$9,015

PINPOINT FINANCIAL, LLC6+ years

Service code 13

3238 PLAYERS CLUB CIRCLE · MEMPHIS, TN 38125

Contract Administrator

$4,225

BUILDING PLASTICS, INC. PROFIT SHARING PLAN

Summary metrics

Benchmarksi

Analytics

Service providersi

Plan features & details

Opportunity flagsi

Expense breakdowni

Audit opinioni

BUILDING PLASTICS, INC. PROFIT SHARING 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