Retirement plan

BURK ROYALTY CO.,LTD 401(K) PLAN

Name: BURK ROYALTY CO., LTD. - BURK ROYALTY CO.,LTD 401(K) PLAN (2017) Form 5500
Creator: BURK ROYALTY CO., LTD.
License: https://www.dol.gov/general/disclaim
Keywords: Form 5500, ERISA, retirement plan, BURK ROYALTY CO.,LTD 401(K) PLAN, BURK ROYALTY CO., LTD.

BURK ROYALTY CO., LTD.EIN 75-0938264Plan #001PY 2017

P. O. BOX 94903 - WICHITA FALLS, TX 763080903940-397-8600burkroyalty.comLinkedIn11-50 employeesoil & energy

Prospect flagsLow returns

How to read this page

Total assets (EOY)

$21.7M

+14.5% from 2016

Total participants

252

+0.8% from 2016

Average account balance

$111,353

+10.4% from 2016

Annual return

10.20%

+2.75 pp from 2016

Benchmarks

See 301 peers

Peer group

Industry21 - Mining, Quarrying, and Oil and Gas Extraction

Plan typeDefined contribution

Participants100-249

Cohort301 peers

Snapshot2017

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

Analytics

Total assets (EOY)

Plan-year ending balance

$23.49M

Not enough data

1 years with asset history on file

Average account balance

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

$103K

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.

228

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.

58.7%

Not enough data

1 years with eligibility data

Contributions (total)

Employer and participant dollars contributed each year

$2.52M

Not enough data

1 years with contributions on file

Contributions per participant

Average employer and participant contribution per enrolled participant

$9K

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

+11.45%

Not enough data

1 years with return on file

Admin fee / account holder

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

$365

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 1 by compensation

Provider	Service type	Compensation
MERRILL LYNCH PIERCE FENNER & SMITH3+ years Service code 15 · EIN 13-5674085 4 WORLD FINANCIAL CENTER 250 VESEY · NEW YORK, NY 10281	Recordkeeping	$19,237

Plan features & details

Pension benefit codes2J2K2T3D

Plan features

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

1 tripped

OpportunityLow returns
Annual investment return is in the bottom quintile of the peer cohort.

Expense breakdown

Schedule H Part II

Admin total

$20K

$92 / participant

Other / not subdivided$20K100.0%

% of EOY assets

0.091%

all-in expense ratio

Categories reported

0 / 9

subdivided buckets used

Audit opinion

Schedule H Part III

Unqualified opinion

Auditor signed off without reservation - the cleanest possible opinion.

Auditor firm: CONDLEY AND COMPANY, LLP
Auditor EIN: 751056027
Audit fees: (not subdivided)
Opinion code: Unqualified

Metric

This plan

Peer set

Industry

Size

Avg account balance

$111,353

$66,180+68.3%

$118,746-6.2%

$62,293+78.8%

Participation rate

73.2%

71.3%+1.9pp

78.3%-5.0pp

69.5%+3.7pp

Annual return

10.20%

60.89%-50.7pp

24.54%-14.3pp

28.90%-18.7pp

Employer contribution / active EE

$3,486

$3,183+9.5%

$4,193-16.9%

$2,042+70.7%

Participant deferral / active EE

$4,483

$4,247+5.6%

$5,332-15.9%

$3,169+41.5%

Admin fee / account holder

$101

$753-86.6%

$10,720-99.1%

$479-78.9%

Provider

Service type

Compensation

MERRILL LYNCH PIERCE FENNER & SMITH3+ years

Service code 15 · EIN 13-5674085

4 WORLD FINANCIAL CENTER 250 VESEY · NEW YORK, NY 10281

Recordkeeping

$19,237

BURK ROYALTY CO.,LTD 401(K) PLAN

Summary metrics

Benchmarksi

Analytics

Service providersi

Plan features & details

Opportunity flagsi

Expense breakdowni

Audit opinioni

BURK ROYALTY CO.,LTD 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