Retirement plan

BOSTON VALLEY POTTERY 401(K) PLAN

Name: BOSTON VALLEY TERRA COTTA, LLC - BOSTON VALLEY POTTERY 401(K) PLAN (2021) Form 5500
Creator: BOSTON VALLEY TERRA COTTA, LLC
License: https://www.dol.gov/general/disclaim
Keywords: Form 5500, ERISA, retirement plan, BOSTON VALLEY POTTERY 401(K) PLAN, BOSTON VALLEY TERRA COTTA, LLC

BOSTON VALLEY TERRA COTTA, LLCEIN 87-2912503Plan #001PY 2021

6860 SOUTH ABBOTT ROAD - ORCHARD PARK, NY 14127716-649-7490bostonvalley.comLinkedIn51-200 employeesbuilding materials

Prospect flagsLow employer contribution

How to read this page

Total assets (EOY)

$8.7M

No prior year

Total participants

147

No prior year

Average account balance

$61,040

No prior year

Annual return

15.11%

No prior year

Benchmarks

See 5,668 peers

Peer group

Industry32 - Manufacturing

Plan typeDefined contribution

Participants25-99

Cohort5,668 peers

Snapshot2021

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

Analytics

Total assets (EOY)

Plan-year ending balance

$9.08M

Not enough data

1 years with asset history on file

Average account balance

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

$61K

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.

149

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.

94.3%

Not enough data

1 years with eligibility data

Contributions (total)

Employer and participant dollars contributed each year

$743K

Not enough data

1 years with contributions on file

Contributions per participant

Average employer and participant contribution per enrolled participant

$7K

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

+15.83%

Not enough data

1 years with return on file

Admin fee / account holder

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

$261

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

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

Service providers

Top 3 by compensation

Provider	Service type	Compensation
NOTE ADVISORS LLC1+ years Service code 27 50 LAKEFRONT BLVD · BUFFALO, NY 142024361	Advisory (Plan)	$16,943
THE VANGUARD GROUP, INC.1+ years Service code 15 · EIN 23-1945930	Recordkeeping	$14,811
AMERICAN FUNDS1+ years Filed as: GCW CAPITAL GROUP Service code 27 · EIN 81-1014043	Advisory (Plan)	$5,388

Plan features & details

Pension benefit codes2E3D2G2J2F2T

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.
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

OpportunityLow employer contribution
Employer contribution per participant is in the bottom quintile of the peer cohort.

Expense breakdown

Schedule H Part II

Admin total

$39K

$428 / participant

Investment mgmt$22K56.7%
Contract admin$15K37.6%
Other / not subdivided$2K5.7%

% of EOY assets

0.454%

all-in expense ratio

Categories reported

2 / 9

subdivided buckets used

Audit opinion

Schedule H Part III

Unqualified opinion

Auditor signed off without reservation - the cleanest possible opinion.

Auditor firm: KP LYNCH CPA PC
Auditor EIN: 202059984
Audit fees: (not subdivided)
Opinion code: Unqualified

Metric

This plan

Peer set

Industry

Size

Avg account balance

$61,040

$87,733-30.4%

$106,555-42.7%

$85,847-28.9%

Participation rate

94.6%

71.9%+22.6pp

76.1%+18.4pp

69.3%+25.2pp

Annual return

15.11%

21.86%-6.7pp

26.80%-11.7pp

318.61%-303.5pp

Employer contribution / active EE

$448

$2,073-78.4%

$2,819-84.1%

$2,565-82.5%

Participant deferral / active EE

$3,212

$3,469-7.4%

$4,399-27.0%

$3,952-18.7%

Admin fee / account holder

$277

$6,767-95.9%

$7,408-96.3%

$6,261-95.6%

Provider

Service type

Compensation

NOTE ADVISORS LLC1+ years

Service code 27

50 LAKEFRONT BLVD · BUFFALO, NY 142024361

Advisory (Plan)

$16,943

THE VANGUARD GROUP, INC.1+ years

Service code 15 · EIN 23-1945930

Recordkeeping

$14,811

AMERICAN FUNDS1+ years

Filed as: GCW CAPITAL GROUP

Service code 27 · EIN 81-1014043

Advisory (Plan)

$5,388

BOSTON VALLEY POTTERY 401(K) PLAN

Summary metrics

Benchmarksi

Analytics

Service providersi

Plan features & details

Opportunity flagsi

Expense breakdowni

Audit opinioni

BOSTON VALLEY POTTERY 401(K) 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