Retirement plan

PREMIER BUILDING SYSTEMS 401(K) PROFIT SHARING PLAN AND TRUST

Name: BIG SKY INSULATION - PREMIER BUILDING SYSTEMS 401(K) PROFIT SHARING PLAN AND TRUST (2024) Form 5500
Creator: BIG SKY INSULATION
License: https://www.dol.gov/general/disclaim
Keywords: Form 5500, ERISA, retirement plan, PREMIER BUILDING SYSTEMS 401(K) PROFIT SHARING PLAN AND TRUST, BIG SKY INSULATION

BIG SKY INSULATIONEIN 81-0447406Plan #001PY 2024

15 ARDEN DRIVE - BELGRADE, MT 59714406-388-4146bigskyrcontrol.comLinkedIn11-50 employeesbuilding materials

Prospect flagsLow returnsHigh fees

How to read this page

Total assets (EOY)

$7.9M

+14.8% from 2023

Total participants

100

-1.0% from 2023

Average account balance

$81,916

+13.6% from 2023

Annual return

9.90%

-8.76 pp from 2023

Benchmarks

See 14,176 peers

Peer group

Industry33 - Manufacturing

Plan typeDefined contribution

Participants25-99

Cohort14,176 peers

Snapshot2024

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

Analytics

Total assets (EOY)

Plan-year ending balance

$7.86M

Not enough data

1 years with asset history on file

Average account balance

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

$82K

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.

114.3%

Not enough data

1 years with eligibility data

Contributions (total)

Employer and participant dollars contributed each year

$639K

Not enough data

1 years with contributions on file

Contributions per participant

Average employer and participant contribution per enrolled participant

$8K

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

+9.90%

Not enough data

1 years with return on file

Admin fee / account holder

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

$3210

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 codes2E2J2F2G3D

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

2 tripped

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

$308K

$3669 / participant

Other / not subdivided$308K100.0%

% of EOY assets

3.919%

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

$81,916

$86,922-5.8%

$102,438-20.0%

$80,874+1.3%

Participation rate

95.2%

72.4%+22.9pp

76.5%+18.7pp

67.6%+27.6pp

Annual return

9.90%

18.90%-9.0pp

29.37%-19.5pp

35.62%-25.7pp

Employer contribution / active EE

$2,924

$2,369+23.4%

$3,024-3.3%

$2,756+6.1%

Participant deferral / active EE

$4,688

$4,119+13.8%

$5,054-7.2%

$4,297+9.1%

Admin fee / account holder

$3,210

$8,050-60.1%

$9,448-66.0%

$6,935-53.7%

PREMIER BUILDING SYSTEMS 401(K) PROFIT SHARING PLAN AND TRUST

Summary metrics

Benchmarksi

Analytics

Service providersi

Plan features & details

Opportunity flagsi

Expense breakdowni

Audit opinioni

PREMIER BUILDING SYSTEMS 401(K) PROFIT SHARING PLAN AND TRUST

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