Retirement plan

BROUSSARD BROTHERS, INC. 401K PROFIT SHARING PLAN

Name: BROUSSARD BROTHERS, INC. - BROUSSARD BROTHERS, INC. 401K PROFIT SHARING PLAN (2016) Form 5500
Creator: BROUSSARD BROTHERS, INC.
License: https://www.dol.gov/general/disclaim
Keywords: Form 5500, ERISA, retirement plan, BROUSSARD BROTHERS, INC. 401K PROFIT SHARING PLAN, BROUSSARD BROTHERS, INC.

BROUSSARD BROTHERS, INC.EIN 72-0723403Plan #002PY 2016

P O BOX 1740 - ABBEVILLE, LA 705111740337-893-5303broussardbrothers.comLinkedIn201-500 employeesoil & energy

Other plans on this EIN

1 filing

#001Retirement--

Prospect flagsLow participationLow employer contributionCorrective distributions

How to read this page

Total assets (EOY)

$16.9M

+60.8% from 2015

Total participants

766

+15.0% from 2015

Average account balance

$28,279

-4.4% from 2015

Annual return

70.08%

+73.24 pp from 2015

Benchmarks

See 1,079 peers

Peer group

Industry23 - Construction

Plan typeDefined contribution

Participants250-999

Cohort1,079 peers

Snapshot2016

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

Analytics

Total assets (EOY)

Plan-year ending balance

$17.88M

Not enough data

1 years with asset history on file

Average account balance

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

$55K

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.

323

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.

34.7%

Not enough data

1 years with eligibility data

Contributions (total)

Employer and participant dollars contributed each year

$1.22M

Not enough data

1 years with contributions on file

Contributions per participant

Average employer and participant contribution per enrolled participant

$2K

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

+11.44%

Not enough data

1 years with return on file

Admin fee / account holder

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

$264

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
STADION MONEY MANAGEMENT2+ years Filed as: STADION MONEY MANAGEMENT, INC. Service code 26 · EIN 58-2099805	Advisory (Participants)	$36,962
CREATIVE RETIREMENT SYSTEMS, INC.2+ years Service code 15 · EIN 31-1299207 25 MERCHANT STREET, SUITE 135 · CINCINNATI, OH 45246	Recordkeeping	$30,178
THE GUARDIAN INSURANCE & ANNUITY CO2+ years Filed as: THE GUARDIAN INS. & ANNUITY CO, INC Service code 15 · EIN 13-2656306 3900 BURGESS PLACE, 3 SOUTH · BETHLEHEM, PA 18017	Recordkeeping	$11,772

Plan features & details

Pension benefit codes2E2F2G2J2K2T3H

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.
3H
Controlled group member
Plan sponsor(s) is (are) a member(s) of a controlled group (Code sections 414(b) (c) or (m)).

Opportunity flags

3 tripped

OpportunityLow participation
Participation rate is below 70% (account-balance holders / active employees) - enrollment or auto-enroll opportunity.
OpportunityLow employer contribution
Employer contribution per participant is in the bottom quintile of the peer cohort.
ComplianceCorrective distributions
Plan reported corrective distributions (failed ADP/ACP testing).

Expense breakdown

Schedule H Part II

Admin total

$56K

$107 / participant

Other / not subdivided$56K100.0%

% of EOY assets

0.333%

all-in expense ratio

Categories reported

0 / 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: DARNALL, SIKES, GARDES & FREDERICK
Auditor EIN: 720738838
Audit fees: (not subdivided)
Opinion code: Disclaimer

Metric

This plan

Peer set

Industry

Size

Avg account balance

$28,279

$57,921-51.2%

$84,753-66.6%

$57,658-51.0%

Participation rate

67.9%

72.9%-5.1pp

76.6%-8.7pp

70.2%-2.4pp

Annual return

70.08%

10.24%+59.8pp

22.78%+47.3pp

5.13%+65.0pp

Employer contribution / active EE

$2,598-99.9%

$3,574-99.9%

$1,974-99.9%

Participant deferral / active EE

$1,415

$2,742-48.4%

$3,712-61.9%

$3,061-53.8%

Admin fee / account holder

$94

$130-27.3%

$5,333-98.2%

$95-0.3%

Provider

Service type

Compensation

STADION MONEY MANAGEMENT2+ years

Filed as: STADION MONEY MANAGEMENT, INC.

Service code 26 · EIN 58-2099805

Advisory (Participants)

$36,962

CREATIVE RETIREMENT SYSTEMS, INC.2+ years

Service code 15 · EIN 31-1299207

25 MERCHANT STREET, SUITE 135 · CINCINNATI, OH 45246

Recordkeeping

$30,178

THE GUARDIAN INSURANCE & ANNUITY CO2+ years

Filed as: THE GUARDIAN INS. & ANNUITY CO, INC

Service code 15 · EIN 13-2656306

3900 BURGESS PLACE, 3 SOUTH · BETHLEHEM, PA 18017

Recordkeeping

$11,772

BROUSSARD BROTHERS, INC. 401K PROFIT SHARING PLAN

Summary metrics

Benchmarksi

Analytics

Service providersi

Plan features & details

Opportunity flagsi

Expense breakdowni

Audit opinioni

BROUSSARD BROTHERS, INC. 401K 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