Retirement plan

B & L EQUIPMENT RENTALS, INC. 401(K) PLAN

Name: B & L EQUIPMENT RENTALS, INC. - B & L EQUIPMENT RENTALS, INC. 401(K) PLAN (2015) Form 5500
Creator: B & L EQUIPMENT RENTALS, INC.
License: https://www.dol.gov/general/disclaim
Keywords: Form 5500, ERISA, retirement plan, B & L EQUIPMENT RENTALS, INC. 401(K) PLAN, B & L EQUIPMENT RENTALS, INC.

B & L EQUIPMENT RENTALS, INC.EIN 77-0255408Plan #001PY 2015

PO BOX 22260 - BAKERSFIELD, CA 93390661-589-9080LinkedIn51-200 employeesindividual & family services

Prospect flagsLow returnsHigh feesLow participation

How to read this page

Total assets (EOY)

$2.7M

No prior year

Total participants

No prior year

Average account balance

$42,093

No prior year

Annual return

-2.86%

No prior year

Benchmarks

See 22,773 peers

Peer group

Industry54 - Professional, Scientific, and Technical Services

Plan typeDefined contribution

Participants25-99

Cohort22,773 peers

Snapshot2015

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

Analytics

Total assets (EOY)

Plan-year ending balance

$5.94M

Not enough data

1 years with asset history on file

Average account balance

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

$84K

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.

78.9%

Not enough data

1 years with eligibility data

Contributions (total)

Employer and participant dollars contributed each year

$411K

Not enough data

1 years with contributions on file

Contributions per participant

Average employer and participant contribution per enrolled participant

$5K

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

+13.28%

Not enough data

1 years with return on file

Admin fee / account holder

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

$3691

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
NATIONWIDE1+ years Service code 64 ONE NATIONWIDE PLAZA · COLUMBUS, OH 43215	Recordkeeping Fees	$27,777
PACE FIDUCIARY SERVICES LLC1+ years Filed as: PACE TPA Service code 13 · EIN 77-0396341 1645 SHAW AVENUE · CLOVIS, CA 93611	Contract Administrator	$9,896
MORGAN STANLEY SMITH BARNEY1+ years Filed as: MORGAN STANLEY Service code 27 1 NEW YORK PLAZA · NEW YORK, NY 10004	Advisory (Plan)	$0

Plan features & details

Pension benefit codes2A2E2J2K2G3D

Plan features

2A
Age/service weighted or new comparability plan
Age/service weighted plan where allocations are based on age service or age and service; or new comparability or similar plan where allocations are based on participant classifications consisting entirely or predominantly of highly compensated employees or the plan provides an additional allocation rate on compensation above a specified threshold that exceeds the permitted disparity limits of Code section 401(l).
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.
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.
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

3 tripped

OpportunityLow participation
Participation rate is below 70% (account-balance holders / active employees) - enrollment or auto-enroll opportunity.
OpportunityHigh fees
Administrative expenses exceed $300 per participant per year - possible fee-review opportunity. (Recordkeeping / audit / legal; excludes investment management.)
OpportunityLow returns
Annual investment return is in the bottom quintile of the peer cohort.

Expense breakdown

Schedule H Part II

Admin total

$38K

$502 / participant

Contract admin$38K100.0%

% of EOY assets

1.421%

all-in expense ratio

Categories reported

1 / 9

subdivided buckets used

Audit opinion

Schedule H Part III

Disclaimer opinion

Auditor declined to express an opinion - usually a 103(a)(3)(C) limited-scope election.

Auditor firm: MAYER HOFFMAN MCCANN PC
Auditor EIN: 431947695
Audit fees: (not subdivided)
Opinion code: Disclaimer

Metric

This plan

Peer set

Industry

Size

Avg account balance

$42,093

$72,177-41.7%

$115,038-63.4%

$59,633-29.4%

Participation rate

56.0%

72.6%-16.6pp

81.4%-25.4pp

68.7%-12.7pp

Annual return

-2.86%

12.02%-14.9pp

26.14%-29.0pp

2041.45%-2044.3pp

Employer contribution / active EE

$1,310

$2,841-53.9%

$4,608-71.6%

$2,203-40.5%

Participant deferral / active EE

$3,031

$4,783-36.6%

$6,026-49.7%

$3,192-5.0%

Admin fee / account holder

$598

$4,927-87.9%

$8,175-92.7%

$4,297-86.1%

Provider

Service type

Compensation

NATIONWIDE1+ years

Service code 64

ONE NATIONWIDE PLAZA · COLUMBUS, OH 43215

Recordkeeping Fees

$27,777

PACE FIDUCIARY SERVICES LLC1+ years

Filed as: PACE TPA

Service code 13 · EIN 77-0396341

1645 SHAW AVENUE · CLOVIS, CA 93611

Contract Administrator

$9,896

MORGAN STANLEY SMITH BARNEY1+ years

Filed as: MORGAN STANLEY

Service code 27

1 NEW YORK PLAZA · NEW YORK, NY 10004

Advisory (Plan)

B & L EQUIPMENT RENTALS, INC. 401(K) PLAN

Summary metrics

Benchmarksi

Analytics

Service providersi

Plan features & details

Opportunity flagsi

Expense breakdowni

Audit opinioni

B & L EQUIPMENT RENTALS, 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