Retirement plan

HIGGINBOTHAM BARTLETT CO. OF NEW MEXICO PROFIT SHARING PLAN

Name: HIGGINBOTHAM BARTLETT CO OF N M - HIGGINBOTHAM BARTLETT CO. OF NEW MEXICO PROFIT SHARING PLAN (2016) Form 5500
Creator: HIGGINBOTHAM BARTLETT CO OF N M
License: https://www.dol.gov/general/disclaim
Keywords: Form 5500, ERISA, retirement plan, HIGGINBOTHAM BARTLETT CO. OF NEW MEXICO PROFIT SHARING PLAN, HIGGINBOTHAM BARTLETT CO OF N M

HIGGINBOTHAM BARTLETT CO OF N MEIN 85-0042768Plan #001PY 2016

P O BOX 1685 - LOVINGTON, NM 882601685575-396-3601LinkedIn51-200 employeesbuilding materials

Prospect flagsLow returnsHigh fees

How to read this page

Total assets (EOY)

$3.6M

-0.1% from 2015

Total participants

+17.3% from 2015

Average account balance

$37,724

-14.8% from 2015

Annual return

4.06%

+4.66 pp from 2015

Benchmarks

See 9,492 peers

Peer group

Industry44 - Retail Trade

Plan typeDefined contribution

Participants25-99

Cohort9,492 peers

Snapshot2016

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

Analytics

Total assets (EOY)

Plan-year ending balance

$3.00M

Not enough data

1 years with asset history on file

Average account balance

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

$273K

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.

42.3%

Not enough data

1 years with eligibility data

Contributions (total)

Employer and participant dollars contributed each year

$132K

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

+5.59%

Not enough data

1 years with return on file

Admin fee / account holder

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

$15465

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 codes2E2G2J

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.

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

$288K

$9285 / participant

Other / not subdivided$288K100.0%

% of EOY assets

8.032%

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

$37,724

$48,364-22.0%

$71,796-47.5%

$62,881-40.0%

Participation rate

100.0%

60.6%+39.4pp

69.1%+30.9pp

69.3%+30.7pp

Annual return

4.06%

13.16%-9.1pp

78.04%-74.0pp

20.14%-16.1pp

Employer contribution / active EE

$2,692

$1,042+158.3%

$1,924+39.9%

$2,281+18.0%

Participant deferral / active EE

$1,788

$2,091-14.5%

$2,794-36.0%

$3,203-44.2%

Admin fee / account holder

$3,030

$3,771-19.7%

$4,815-37.1%

$4,296-29.5%

HIGGINBOTHAM BARTLETT CO. OF NEW MEXICO PROFIT SHARING PLAN

Summary metrics

Benchmarksi

Analytics

Service providersi

Plan features & details

Opportunity flagsi

Expense breakdowni

Audit opinioni

HIGGINBOTHAM BARTLETT CO. OF NEW MEXICO 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