Retirement plan

BOHANNAN-HUSTON, INC. 401(K) PROFIT SHARING PLAN

Name: BOHANNAN-HUSTON, INC. - BOHANNAN-HUSTON, INC. 401(K) PROFIT SHARING PLAN (2022) Form 5500
Creator: BOHANNAN-HUSTON, INC.
License: https://www.dol.gov/general/disclaim
Keywords: Form 5500, ERISA, retirement plan, BOHANNAN-HUSTON, INC. 401(K) PROFIT SHARING PLAN, BOHANNAN-HUSTON, INC.

BOHANNAN-HUSTON, INC.EIN 85-0202170Plan #001PY 2022

7500 JEFFERSON STREET NE, COURTYARD 1 - ALBUQUERQUE, NM 87109505-823-1000bhinc.comLinkedIn201-500 employeescivil engineering

Prospect flagsHigh fees

How to read this page

Total assets (EOY)

$45.8M

-14.6% from 2021

Total participants

341

+7.2% from 2021

Average account balance

$136,576

-20.8% from 2021

Annual return

-16.20%

-29.82 pp from 2021

Benchmarks

See 321 peers

Peer group

Industry54 - Professional, Scientific, and Technical Services

Plan typeDefined contribution

Cohort321 peers

Snapshot2022

See peer percentile detail. $4.99 for your first month.

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Analytics

Total assets (EOY)

Plan-year ending balance

$56.69M

Not enough data

1 years with asset history on file

Average account balance

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

$177K

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.

320

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.

98.5%

Not enough data

1 years with eligibility data

Contributions (total)

Employer and participant dollars contributed each year

$4.11M

Not enough data

1 years with contributions on file

Contributions per participant

Average employer and participant contribution per enrolled participant

$16K

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

+12.77%

Not enough data

1 years with return on file

Admin fee / account holder

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

$349

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

1 years with F_SCH_H allocation on file

See the 10-year trajectory. $4.99 for your first month.

Solo adds 10-year history, peer benchmarks, provider and welfare analytics, saves, and exports. Then $34.99 a month.

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Service providers

Top 4 by compensation

Provider	Service type	Compensation
TRANSAMERICA RETIREMENT SOLUTIONS8+ years Service code 12 · EIN 13-3689044	Sales loads (front end and deferred);...	$50,875
SAGEVIEW ADVISORY GROUP, LLC5 years Service code 27 · EIN 33-0818667	Advisory (Plan)	$38,500
MOSS ADAMS LLP8+ years Filed as: MOSS-ADAMS LLP Service code 10 · EIN 91-0189318	Accounting	$16,990
NATIONAL FINANCIAL SERVICES8+ years Service code 33 · EIN 04-3523567	Securities brokerage commissions and ...	$0

Plan features & details

Pension benefit codes2F2G2J2K2R2S2T3D

Plan features

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.
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.
2R
Participant-directed brokerage accounts
Participant-directed brokerage accounts provided as an investment option under the plan.
2S
Automatic enrollment
Plan provides for automatic enrollment in plan that has elective contributions deducted from payroll.
2T
Default investment account
Total or partial participant-directed account plan where plan uses a default investment account for participants who fail to direct assets in their account.
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

1 tripped

OpportunityHigh fees
Administrative expenses exceed $300 per participant per year - possible fee-review opportunity. (Recordkeeping / audit / legal; excludes investment management.)

Expense breakdown

Schedule H Part II

Admin total

$106K

$427 / participant

Investment mgmt$39K36.2%
Other / not subdivided$68K63.8%

% of EOY assets

0.233%

all-in expense ratio

Categories reported

1 / 9

subdivided buckets used

Audit opinion

Schedule H Part III

Unqualified opinion

The auditor signed off without reservation. This is the cleanest opinion.

Auditor firm: MOSS ADAMS, LLP
Auditor EIN: 910189318
Audit fees: (not subdivided)
Opinion code: Unqualified

Look up a plan sponsor by EIN. Free Form 5500 search. No signup.

Metric

This plan

Peer set

Industry

Size

Avg account balance

$136,576

$174,896-21.9%

$125,339+9.0%

Participation rate

97.6%

70.4%+27.2pp

82.4%+15.2pp

Annual return

-16.20%

-12.90%-3.3pp

572.05%-588.2pp

Employer contribution / active EE

$4,294

$3,570+20.3%

$4,814-10.8%

Participant deferral / active EE

$8,511

$6,354+34.0%

$7,446+14.3%

Admin fee / account holder

$318

$56,117-99.4%

$10,010-96.8%

Provider

Service type

Compensation

TRANSAMERICA RETIREMENT SOLUTIONS8+ years

Service code 12 · EIN 13-3689044

Sales loads (front end and deferred);...

$50,875

SAGEVIEW ADVISORY GROUP, LLC5 years

Service code 27 · EIN 33-0818667

Advisory (Plan)

$38,500

MOSS ADAMS LLP8+ years

Filed as: MOSS-ADAMS LLP

Service code 10 · EIN 91-0189318

Accounting

$16,990

NATIONAL FINANCIAL SERVICES8+ years

Service code 33 · EIN 04-3523567

Securities brokerage commissions and ...

BOHANNAN-HUSTON, INC. 401(K) PROFIT SHARING PLAN

Summary metrics

Benchmarksi

Analytics

Service providersi

Plan features & details

Opportunity flagsi

Expense breakdowni

Audit opinioni

BOHANNAN-HUSTON, INC. 401(K) 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