Retirement plan

BETTER BUSINESS BUREAU OF METROPOLITAN DALLAS, INC. 401(K) PLAN

Name: BETTER BUSINESS BUREAU OF METROPOLITAN DALLAS, INC. - BETTER BUSINESS BUREAU OF METROPOLITAN DALLAS, INC. 401(K) PLAN (2016) Form 5500
Creator: BETTER BUSINESS BUREAU OF METROPOLITAN DALLAS, INC.
License: https://www.dol.gov/general/disclaim
Keywords: Form 5500, ERISA, retirement plan, BETTER BUSINESS BUREAU OF METROPOLITAN DALLAS, INC. 401(K) PLAN, BETTER BUSINESS BUREAU OF METROPOLITAN DALLAS, INC.

BETTER BUSINESS BUREAU OF METROPOLITAN DALLAS, INC.EIN 75-0138440Plan #002PY 2016

1601 ELM STREET, SUITE 1600 - DALLAS, TX 752014701214-740-0322LinkedIn51-200 employeesinternet

Prospect flagsHigh fees

How to read this page

Total assets (EOY)

$2.4M

No prior year

Total participants

No prior year

Average account balance

$46,398

No prior year

Annual return

14.20%

No prior year

Benchmarks

See 7,815 peers

Peer group

Industry81 - Other Services (except Public Administration)

Plan typeDefined contribution

Participants25-99

Cohort7,815 peers

Snapshot2016

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

Analytics

Total assets (EOY)

Plan-year ending balance

$6.74M

Not enough data

1 years with asset history on file

Average account balance

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

$109K

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.

147.6%

Not enough data

1 years with eligibility data

Contributions (total)

Employer and participant dollars contributed each year

$423K

Not enough data

1 years with contributions on file

Contributions per participant

Average employer and participant contribution per enrolled participant

$10K

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

+16.46%

Not enough data

1 years with return on file

Admin fee / account holder

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

$6406

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

Providers data not reported

Schedule C was not filed on this plan's most recent Form 5500, so no compensated service providers are available to display.

Plan features & details

Pension benefit codes2E2F2G2J3D

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.
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

$474K

$8321 / participant

Other / not subdivided$474K100.0%

% of EOY assets

19.658%

all-in expense ratio

Categories reported

0 / 9

subdivided buckets used

Audit opinion

Schedule H Part III

No opinion code on file for this filing.

Auditor firm: (not reported)
Auditor EIN: -
Audit fees: (not subdivided)
Opinion code: -

Metric

This plan

Peer set

Industry

Size

Avg account balance

$46,398

$48,078-3.5%

$78,676-41.0%

$62,881-26.2%

Participation rate

70.2%

65.2%+5.0pp

73.6%-3.4pp

69.3%+0.9pp

Annual return

14.20%

31.36%-17.2pp

62.19%-48.0pp

20.14%-5.9pp

Employer contribution / active EE

$2,668

$2,015+32.5%

$2,850-6.4%

$2,281+17.0%

Participant deferral / active EE

$3,234

$2,587+25.0%

$3,517-8.0%

$3,203+1.0%

Admin fee / account holder

$9,121

$3,206+184.5%

$4,510+102.2%

$4,296+112.3%

BETTER BUSINESS BUREAU OF METROPOLITAN DALLAS, INC. 401(K) PLAN

Summary metrics

Benchmarksi

Analytics

Service providersi

Plan features & details

Opportunity flagsi

Expense breakdowni

Audit opinioni

BETTER BUSINESS BUREAU OF METROPOLITAN DALLAS, INC. 401(K) 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