Retirement plan

BUILDERS SUPPLY COMPANY, INC. PROFIT SHARING PLAN

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

BUILDERS SUPPLY COMPANY, INC.EIN 72-0141890Plan #002PY 2020

P. O. BOX 295 - SHREVEPORT, LA 711620295318-222-5721

Prospect flagsHigh fees

How to read this page

Total assets (EOY)

$7.9M

+15.0% from 2019

Total participants

167

+22.8% from 2019

Average account balance

$47,081

-6.4% from 2019

Annual return

12.46%

-5.13 pp from 2019

Benchmarks

See 1,894 peers

Peer group

Industry32 - Manufacturing

Plan typeDefined contribution

Participants100-249

Cohort1,894 peers

Snapshot2020

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

Analytics

Total assets (EOY)

Plan-year ending balance

$6.03M

Not enough data

1 years with asset history on file

Average account balance

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

$49K

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.

124

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.

Not enough data

0 years with eligibility data

Contributions (total)

Employer and participant dollars contributed each year

$512K

Not enough data

1 years with contributions on file

Contributions per participant

Average employer and participant contribution per enrolled participant

Not enough data

0 years with per-participant contribution data

Asset flow

BOY + contributions + return - distributions = EOY

Year

Annual return

Diverging bars; negative years highlighted

+13.10%

Not enough data

1 years with return on file

Admin fee / account holder

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

$286

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 2 by compensation

Provider	Service type	Compensation
REGIONS BANK6+ years Filed as: REGIONS TRUST Service code 24 · EIN 63-0371391	Discretionary Trustee	$34,418
ASCENSUS LLC6+ years Filed as: ASCENSUS Service code 15 · EIN 11-3665754	Recordkeeping	$16,028

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

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

$50K

$302 / participant

Investment mgmt$50K100.0%

% of EOY assets

0.642%

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: POSTLETHWAITE & NETTERVILLE
Auditor EIN: 721202445
Audit fees: (not subdivided)
Opinion code: Disclaimer

Metric

This plan

Peer set

Industry

Size

Avg account balance

$47,081

$70,917-33.6%

$98,920-52.4%

$73,497-35.9%

Participation rate

100.0%

73.8%+26.2pp

76.0%+24.0pp

70.7%+29.3pp

Annual return

12.46%

34.18%-21.7pp

196.47%-184.0pp

28.51%-16.1pp

Employer contribution / active EE

$1,058

$2,037-48.0%

$2,689-60.6%

$2,270-53.4%

Participant deferral / active EE

$2,345

$3,501-33.0%

$4,245-44.8%

$3,740-37.3%

Admin fee / account holder

$302

$535-43.5%

$6,643-95.5%

$513-41.1%

Provider

Service type

Compensation

REGIONS BANK6+ years

Filed as: REGIONS TRUST

Service code 24 · EIN 63-0371391

Discretionary Trustee

$34,418

ASCENSUS LLC6+ years

Filed as: ASCENSUS

Service code 15 · EIN 11-3665754

Recordkeeping

$16,028

BUILDERS SUPPLY COMPANY, INC. PROFIT SHARING PLAN

Summary metrics

Benchmarksi

Analytics

Service providersi

Plan features & details

Opportunity flagsi

Expense breakdowni

Audit opinioni

BUILDERS SUPPLY COMPANY, 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