Retirement plan

BARATTI MARKETING GROUP, INC. 401(K) PROFIT SHARING PLAN AND TRUST

Name: BARATTI MARKETING GROUP, INC. - BARATTI MARKETING GROUP, INC. 401(K) PROFIT SHARING PLAN AND TRUST (2015) Form 5500
Creator: BARATTI MARKETING GROUP, INC.
License: https://www.dol.gov/general/disclaim
Keywords: Form 5500, ERISA, retirement plan, BARATTI MARKETING GROUP, INC. 401(K) PROFIT SHARING PLAN AND TRUST, BARATTI MARKETING GROUP, INC.

BARATTI MARKETING GROUP, INC.EIN 75-2615993Plan #001PY 2015

20301 RHODES ROAD - SPRING, TX 77388281-350-0091barattimarketing.comLinkedIn1-10 employeessporting goods

Prospect flagsLow participationLow fidelity bond

How to read this page

Total assets (EOY)

$386K

No prior year

Total participants

No prior year

Average account balance

$96,434

No prior year

Annual return

0.58%

No prior year

Benchmarks

See 18,780 peers

Peer group

Industry42 - Wholesale Trade

Plan typeDefined contribution

Participants<25

Cohort18,780 peers

Snapshot2015

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

Analytics

Total assets (EOY)

Plan-year ending balance

$1.19M

Not enough data

1 years with asset history on file

Average account balance

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

$170K

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.

87.5%

Not enough data

1 years with eligibility data

Contributions (total)

Employer and participant dollars contributed each year

$167K

Not enough data

1 years with contributions on file

Contributions per participant

Average employer and participant contribution per enrolled participant

$21K

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

+9.86%

Not enough data

1 years with return on file

Admin fee / account holder

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

$1112

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 codes2T2G2E2J3D

Plan features

2E
Profit-sharing
Profit-sharing plan.
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.
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.
ComplianceLow fidelity bond
Fidelity bond coverage is below the ERISA section 412 10%-of-assets minimum (capped at $500,000).

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

$96,434

$113,941-15.4%

$94,229+2.3%

$125,389-23.1%

Participation rate

66.7%

82.9%-16.2pp

78.8%-12.1pp

83.2%-16.5pp

Annual return

0.58%

5.29%-4.7pp

10.68%-10.1pp

282.24%-281.7pp

Employer contribution / active EE

$2,817

$4,727-40.4%

$3,587-21.5%

$4,866-42.1%

Participant deferral / active EE

$7,902

$5,179+52.6%

$4,320+82.9%

$5,352+47.7%

Admin fee / account holder

$8,392-100.0%

$6,269-100.0%

$9,541-100.0%

BARATTI MARKETING GROUP, INC. 401(K) PROFIT SHARING PLAN AND TRUST

Summary metrics

Benchmarksi

Analytics

Service providersi

Plan features & details

Opportunity flagsi

Audit opinioni

BARATTI MARKETING GROUP, INC. 401(K) PROFIT SHARING PLAN AND TRUST

Summary metrics

Benchmarksi

Analytics

Service providersi

Plan features & details

Opportunity flagsi

Audit opinioni

Benchmarks

Service providers

Opportunity flags

Audit opinion

Benchmarks

Service providers

Opportunity flags

Audit opinion