Retirement plan

JOHN BOYD ENTERPRISES INC PROFIT SHARING 401K PLAN & TRUST

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

JOHN BOYD ENTERPRISES INCEIN 68-0033959Plan #004PY 2018

8401 SPECIALTY CIRCLE - SACRAMENTO, CA 958290000916-381-4791LinkedIn201-500 employeesmechanical or industrial engineering

Prospect flagsHigh fees

How to read this page

Total assets (EOY)

$21.6M

-6.8% from 2017

Total participants

229

-7.3% from 2017

Average account balance

$105,019

+1.8% from 2017

Annual return

-4.95%

-23.14 pp from 2017

Benchmarks

See 4,209 peers

Peer group

Industry33 - Manufacturing

Plan typeDefined contribution

Participants100-249

Cohort4,209 peers

Snapshot2018

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

Analytics

Total assets (EOY)

Plan-year ending balance

$24.17M

Not enough data

1 years with asset history on file

Average account balance

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

$186K

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.

130

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.

51.5%

Not enough data

1 years with eligibility data

Contributions (total)

Employer and participant dollars contributed each year

$179K

Not enough data

1 years with contributions on file

Contributions per participant

Average employer and participant contribution per enrolled participant

$1K

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

+16.84%

Not enough data

1 years with return on file

Admin fee / account holder

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

$746

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 3 by compensation

Provider	Service type	Compensation
HOYLECOHEN LLC4+ years Service code 27 9350 WAXIE WAY STE 500 · SAN DIEGO, CA 92123	Advisory (Plan)	$58,221
ASSOCIATED PENSION CONSULTANTS4+ years Service code 10 · EIN 94-2456320 2035 FOREST AVE · CHICO, CA 95926	Accounting	$15,789
AMERICAN FUNDS3 years Filed as: CAPITAL RESEARCH AND MANAGEMENT CO Service code 64 333 SOUTH HOPE ST · LOS ANGELES, CA 90071	Recordkeeping Fees	$4,448

Plan features & details

Pension benefit codes2E2G2J2K3D

Plan features

2E
Profit-sharing
Profit-sharing plan.
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

$79K

$514 / participant

Investment mgmt$63K79.9%
Other / not subdivided$16K20.1%

% of EOY assets

0.363%

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: CLIFTONLARSONALLEN LLP
Auditor EIN: 410746749
Audit fees: (not subdivided)
Opinion code: Disclaimer

Metric

This plan

Peer set

Industry

Size

Avg account balance

$105,019

$59,191+77.4%

$76,767+36.8%

$56,289+86.6%

Participation rate

85.0%

75.2%+9.7pp

77.0%+8.0pp

69.9%+15.1pp

Annual return

-4.95%

6.62%-11.6pp

2.43%-7.4pp

-9.96%+5.0pp

Employer contribution / active EE

$1,759-100.0%

$2,485-100.0%

$2,111-100.0%

Participant deferral / active EE

$2,307

$3,255-29.1%

$3,852-40.1%

$3,350-31.1%

Admin fee / account holder

$382

$489-22.0%

$6,675-94.3%

$521-26.8%

Provider

Service type

Compensation

HOYLECOHEN LLC4+ years

Service code 27

9350 WAXIE WAY STE 500 · SAN DIEGO, CA 92123

Advisory (Plan)

$58,221

ASSOCIATED PENSION CONSULTANTS4+ years

Service code 10 · EIN 94-2456320

2035 FOREST AVE · CHICO, CA 95926

Accounting

$15,789

AMERICAN FUNDS3 years

Filed as: CAPITAL RESEARCH AND MANAGEMENT CO

Service code 64

333 SOUTH HOPE ST · LOS ANGELES, CA 90071

Recordkeeping Fees

$4,448

JOHN BOYD ENTERPRISES INC PROFIT SHARING 401K PLAN & TRUST

Summary metrics

Benchmarksi

Analytics

Service providersi

Plan features & details

Opportunity flagsi

Expense breakdowni

Audit opinioni

JOHN BOYD ENTERPRISES INC PROFIT SHARING 401K PLAN & 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