Retirement plan

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

Name: BETTER BUSINESS BUREAU OF METROPOLITAN - BETTER BUSINESS BUREAU OF METROPOLITAN DALLAS, INC. 401(K) PLAN (2017) Form 5500
Creator: BETTER BUSINESS BUREAU OF METROPOLITAN
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

BETTER BUSINESS BUREAU OF METROPOLITANEIN 75-0138440Plan #002PY 2017

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

Prospect flagsHigh fees

How to read this page

Total assets (EOY)

$3.1M

+28.1% from 2016

Total participants

+2.9% from 2016

Average account balance

$46,838

+0.9% from 2016

Annual return

20.22%

+6.03 pp from 2016

Benchmarks

See 7,912 peers

Peer group

Industry81 - Other Services (except Public Administration)

Plan typeDefined contribution

Participants25-99

Cohort7,912 peers

Snapshot2017

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

$203K

$4410 / participant

Other / not subdivided$203K100.0%

% of EOY assets

6.562%

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

$46,838

$53,128-11.8%

$86,582-45.9%

$70,126-33.2%

Participation rate

89.1%

65.3%+23.8pp

73.5%+15.6pp

69.5%+19.6pp

Annual return

20.22%

27.66%-7.4pp

965.08%-944.9pp

73.15%-52.9pp

Employer contribution / active EE

$3,787

$2,068+83.1%

$2,839+33.4%

$2,343+61.7%

Participant deferral / active EE

$4,690

$2,695+74.0%

$3,609+30.0%

$3,332+40.8%

Admin fee / account holder

$3,073

$3,584-14.2%

$4,904-37.3%

$4,645-33.8%

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