Retirement plan

BENTON & BROWN, L.L.C. 401K PLAN

Name: BENTON & BROWN, L.L.C. - BENTON & BROWN, L.L.C. 401K PLAN (2019) Form 5500
Creator: BENTON & BROWN, L.L.C.
License: https://www.dol.gov/general/disclaim
Keywords: Form 5500, ERISA, retirement plan, BENTON & BROWN, L.L.C. 401K PLAN, BENTON & BROWN, L.L.C.

BENTON & BROWN, L.L.C.EIN 72-0964627Plan #001PY 2019

5626 HIGHWAY 528 - MINDEN, LA 71055318-377-8720

Prospect flagsLow participationCorrective distributions

How to read this page

Total assets (EOY)

$9.5M

+24.3% from 2018

Total participants

164

+0.6% from 2018

Average account balance

$143,768

+26.2% from 2018

Annual return

22.29%

+26.60 pp from 2018

Benchmarks

See 2,830 peers

Peer group

Industry23 - Construction

Plan typeDefined contribution

Participants100-249

Cohort2,830 peers

Snapshot2019

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

Analytics

Total assets (EOY)

Plan-year ending balance

$11.95M

Not enough data

1 years with asset history on file

Average account balance

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

$210K

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.

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.

52.8%

Not enough data

1 years with eligibility data

Contributions (total)

Employer and participant dollars contributed each year

$394K

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

+16.18%

Not enough data

1 years with return on file

Admin fee / account holder

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

$28951

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

0 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
LINCOLN NATIONAL CORPORATION1 year Filed as: LINCOLN FINANCIAL ADVISORS Service code 27 1300 S. CLINTON ST · FORT WAYNE, IN 46802	Advisory (Plan)	$6,010
AMERICAN FUNDS5+ years Filed as: CAPITAL RESEARCH & MANGT. COMPANY Service code 64 · EIN 95-1411037 6455 IRVINE CENTER DRIVE · IRVINE, CA 92618	Recordkeeping Fees	$5,022
HEARD MCELROY & VESTAL, LLC1 year Filed as: HEARD, MCELROY, & VESTAL Service code 13 333 TEXAS STREET · SHREVEPORT, LA 71101	Contract Administrator	$300

Plan features & details

Pension benefit codes2F2G2J2K3D2E2T

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

2 tripped

OpportunityLow participation
Participation rate is below 70% (account-balance holders / active employees) - enrollment or auto-enroll opportunity.
ComplianceCorrective distributions
Plan reported corrective distributions (failed ADP/ACP testing).

Expense breakdown

Schedule H Part II

Admin total

$11K

$70 / participant

Contract admin$11K100.0%

% of EOY assets

0.113%

all-in expense ratio

Categories reported

1 / 9

subdivided buckets used

Audit opinion

Schedule H Part III

Unqualified opinion

Auditor signed off without reservation - the cleanest possible opinion.

Auditor firm: HENRY & PETERS, P.C.
Auditor EIN: 751503978
Audit fees: (not subdivided)
Opinion code: Unqualified

Metric

This plan

Peer set

Industry

Size

Avg account balance

$143,768

$63,114+127.8%

$92,909+54.7%

$65,185+120.6%

Participation rate

35.9%

68.8%-32.8pp

76.0%-40.1pp

70.2%-34.3pp

Annual return

22.29%

28.75%-6.5pp

109.44%-87.1pp

29.38%-7.1pp

Employer contribution / active EE

$702

$2,571-72.7%

$3,653-80.8%

$2,177-67.8%

Participant deferral / active EE

$1,768

$3,108-43.1%

$4,238-58.3%

$3,514-49.7%

Admin fee / account holder

$163

$624-73.9%

$5,795-97.2%

$847-80.8%

Provider

Service type

Compensation

LINCOLN NATIONAL CORPORATION1 year

Filed as: LINCOLN FINANCIAL ADVISORS

Service code 27

1300 S. CLINTON ST · FORT WAYNE, IN 46802

Advisory (Plan)

$6,010

AMERICAN FUNDS5+ years

Filed as: CAPITAL RESEARCH & MANGT. COMPANY

Service code 64 · EIN 95-1411037

6455 IRVINE CENTER DRIVE · IRVINE, CA 92618

Recordkeeping Fees

$5,022

HEARD MCELROY & VESTAL, LLC1 year

Filed as: HEARD, MCELROY, & VESTAL

Service code 13

333 TEXAS STREET · SHREVEPORT, LA 71101

Contract Administrator

$300

BENTON & BROWN, L.L.C. 401K PLAN

Summary metrics

Benchmarksi

Analytics

Service providersi

Plan features & details

Opportunity flagsi

Expense breakdowni

Audit opinioni

BENTON & BROWN, L.L.C. 401K 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