Retirement plan

BLACK & WHITE DESIGN, INC. PROFIT SHARING PLAN

Name: BLACK & WHITE DESIGN, INC. - BLACK & WHITE DESIGN, INC. PROFIT SHARING PLAN (2022) Form 5500
Creator: BLACK & WHITE DESIGN, INC.
License: https://www.dol.gov/general/disclaim
Keywords: Form 5500, ERISA, retirement plan, BLACK & WHITE DESIGN, INC. PROFIT SHARING PLAN, BLACK & WHITE DESIGN, INC.

BLACK & WHITE DESIGN, INC.EIN 77-0367584Plan #001PY 2022

591 W. HAMILTON AVENUE, SUITE 130 - CAMPBELL, CA 95008408-341-1260

Prospect flagsHigh feesHigh assets / participant

How to read this page

Total assets (EOY)

$11.9M

-16.7% from 2021

Total participants

-3.3% from 2021

Average account balance

$412,051

-13.8% from 2021

Annual return

-14.92%

-30.30 pp from 2021

Benchmarks

See 8,666 peers

Peer group

Industry32 - Manufacturing

Plan typeDefined contribution

Participants<25

Cohort8,666 peers

Snapshot2022

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

Analytics

Total assets (EOY)

Plan-year ending balance

$16.93M

Not enough data

1 years with asset history on file

Average account balance

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

$604K

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.

175.0%

Not enough data

1 years with eligibility data

Contributions (total)

Employer and participant dollars contributed each year

$214K

Not enough data

1 years with contributions on file

Contributions per participant

Average employer and participant contribution per enrolled participant

$13K

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

+16.72%

Not enough data

1 years with return on file

Admin fee / account holder

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

$73738

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 codes2E2F2H2J3D

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).
2H
Partial participant-directed account plan
Participants have the opportunity to direct the investment of a portion 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

2 tripped

OpportunityHigh fees
Administrative expenses exceed $300 per participant per year - possible fee-review opportunity. (Recordkeeping / audit / legal; excludes investment management.)
InformationalHigh assets / participant
Assets per participant exceed $250,000 - top-decile high-value plan.

Expense breakdown

Schedule H Part II

Admin total

$632K

$27486 / participant

Other / not subdivided$632K100.0%

% of EOY assets

5.290%

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

$412,051

$105,861+289.2%

$90,756+354.0%

$134,509+206.3%

Participation rate

100.0%

78.2%+21.8pp

75.7%+24.3pp

81.2%+18.8pp

Annual return

-14.92%

-10.99%-3.9pp

-12.16%-2.8pp

418.13%-433.1pp

Employer contribution / active EE

$6,402

$3,463+84.8%

$2,922+119.1%

$4,741+35.0%

Participant deferral / active EE

$8,562

$5,217+64.1%

$4,565+87.6%

$6,400+33.8%

Admin fee / account holder

$21,799

$13,938+56.4%

$8,445+158.1%

$11,427+90.8%

BLACK & WHITE DESIGN, INC. PROFIT SHARING PLAN

Summary metrics

Benchmarksi

Analytics

Service providersi

Plan features & details

Opportunity flagsi

Expense breakdowni

Audit opinioni

BLACK & WHITE DESIGN, INC. PROFIT SHARING 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