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 (2017) 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 2017

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

Prospect flagsHigh feesRecently reached 100 employees

How to read this page

Total assets (EOY)

$3.8M

+4.7% from 2016

Total participants

101

+6.3% from 2016

Average account balance

$37,166

-1.5% from 2016

Annual return

7.79%

+3.73 pp from 2016

Benchmarks

See 18,212 peers

Peer group

Industry44 - Retail Trade

Plan typeDefined contribution

Participants<25

Cohort18,212 peers

Snapshot2017

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.)
InformationalRecently reached 100 employees
Sponsor crossed the 100-balance-holder threshold in the most recent filing - large-plan audit requirement now applies.

Expense breakdown

Schedule H Part II

Admin total

$230K

$9580 / participant

Other / not subdivided$230K100.0%

% of EOY assets

6.125%

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

$37,166

$99,652-62.7%

$78,778-52.8%

$147,585-74.8%

Participation rate

100.0%

76.2%+23.8pp

69.2%+30.8pp

82.8%+17.2pp

Annual return

7.79%

47.28%-39.5pp

35.62%-27.8pp

578.58%-570.8pp

Employer contribution / active EE

$2,530

$2,796-9.5%

$1,986+27.4%

$4,876-48.1%

Participant deferral / active EE

$2,505

$3,664-31.6%

$2,958-15.3%

$5,439-53.9%

Admin fee / account holder

$2,276

$7,155-68.2%

$5,134-55.7%

$10,886-79.1%

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