Retirement plan

PORT BLAKELY 401(K) PROFIT SHARING PLAN AND TRUST

Name: PORT BLAKELY TREE FARMS LIMITED PARTNERSHIP - PORT BLAKELY 401(K) PROFIT SHARING PLAN AND TRUST (2016) Form 5500
Creator: PORT BLAKELY TREE FARMS LIMITED PARTNERSHIP
License: https://www.dol.gov/general/disclaim
Keywords: Form 5500, ERISA, retirement plan, PORT BLAKELY 401(K) PROFIT SHARING PLAN AND TRUST, PORT BLAKELY TREE FARMS LIMITED PARTNERSHIP

PORT BLAKELY TREE FARMS LIMITED PARTNERSHIPEIN 91-1289012Plan #001PY 2016

1501 4TH AVE, STE 2150 - SEATTLE, WA 981013620206-624-5810LinkedIn51-200 employeespaper & forest products

Prospect flagsHigh feesFailed to transmit contributions

Top hat statement on fileNQDC

Filed May 25, 2006

This is a legacy paper filing. Plan administrator and contact details are recorded in the original filing, which has not been digitised into structured fields.

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Total assets (EOY)

$22.4M

+9.3% from 2015

Total participants

129

-4.4% from 2015

Average account balance

$180,681

+19.0% from 2015

Annual return

8.77%

+8.18 pp from 2015

Benchmarks

See 7,815 peers

Peer group

Industry81 - Other Services (except Public Administration)

Plan typeDefined contribution

Participants25-99

Cohort7,815 peers

Snapshot2016

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

Analytics

Total assets (EOY)

Plan-year ending balance

$25.87M

Not enough data

1 years with asset history on file

Average account balance

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

$312K

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.

176.6%

Not enough data

1 years with eligibility data

Contributions (total)

Employer and participant dollars contributed each year

$1.25M

Not enough data

1 years with contributions on file

Contributions per participant

Average employer and participant contribution per enrolled participant

$27K

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

+12.83%

Not enough data

1 years with return on file

Admin fee / account holder

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

$11987

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

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Service providers

Top 4 by compensation

Provider	Service type	Compensation
DUNCAN & HALEY LTD2+ years Service code 27 · EIN 02-0532349	Advisory (Plan)	$40,000
CLIFTONLARSONALLEN LLP1 year Filed as: CLIFTON LARSEN ALLEN LLP Service code 10 · EIN 41-0746749	Accounting	$13,069
MATRIX TRUST COMPANY1 year Service code 19 · EIN 75-3182674	Securities Custodian	$11,145
NORTHWEST PLAN SERVICES, INC.1 year Service code 13 · EIN 91-2090931	Contract Administrator	$10,494

Plan features & details

Pension benefit codes2A2E2F2G2J2K2T3D3H

Plan features

2A
Age/service weighted or new comparability plan
Age/service weighted plan where allocations are based on age service or age and service; or new comparability or similar plan where allocations are based on participant classifications consisting entirely or predominantly of highly compensated employees or the plan provides an additional allocation rate on compensation above a specified threshold that exceeds the permitted disparity limits of Code section 401(l).
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.
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.
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.
3H
Controlled group member
Plan sponsor(s) is (are) a member(s) of a controlled group (Code sections 414(b) (c) or (m)).

Opportunity flags

2 tripped

OpportunityHigh fees
Administrative expenses exceed $300 per participant per year - possible fee-review opportunity. (Recordkeeping / audit / legal; excludes investment management.)
ComplianceFailed to transmit contributions
Form 5500 reported a failure to timely transmit participant contributions (Schedule H line 4a).

Expense breakdown

Schedule H Part II

Admin total

$75K

$911 / participant

Investment mgmt$40K53.5%
Contract admin$10K14.0%
Other / not subdivided$24K32.4%

% of EOY assets

0.333%

all-in expense ratio

Categories reported

2 / 9

subdivided buckets used

Audit opinion

Schedule H Part III

Disclaimer opinion

Auditor declined to express an opinion - usually a 103(a)(3)(C) limited-scope election.

Auditor firm: CLIFTON LARSON ALLEN
Auditor EIN: 410746749
Audit fees: (not subdivided)
Opinion code: Disclaimer

Metric

This plan

Peer set

Industry

Size

Avg account balance

$180,681

$48,078+275.8%

$78,676+129.7%

$62,881+187.3%

Participation rate

93.9%

65.2%+28.7pp

73.6%+20.3pp

69.3%+24.6pp

Annual return

8.77%

31.36%-22.6pp

62.19%-53.4pp

20.14%-11.4pp

Employer contribution / active EE

$16,036

$2,015+696.0%

$2,850+462.7%

$2,281+603.1%

Participant deferral / active EE

$9,053

$2,587+249.9%

$3,517+157.4%

$3,203+182.6%

Admin fee / account holder

$602

$3,206-81.2%

$4,510-86.6%

$4,296-86.0%

Provider

Service type

Compensation

DUNCAN & HALEY LTD2+ years

Service code 27 · EIN 02-0532349

Advisory (Plan)

$40,000

CLIFTONLARSONALLEN LLP1 year

Filed as: CLIFTON LARSEN ALLEN LLP

Service code 10 · EIN 41-0746749

Accounting

$13,069

MATRIX TRUST COMPANY1 year

Service code 19 · EIN 75-3182674

Securities Custodian

$11,145

NORTHWEST PLAN SERVICES, INC.1 year

Service code 13 · EIN 91-2090931

Contract Administrator

$10,494

PORT BLAKELY 401(K) PROFIT SHARING PLAN AND TRUST

Top hat statement on fileNQDC

Summary metrics

Benchmarksi

Analytics

Service providersi

Plan features & details

Opportunity flagsi

Expense breakdowni

Audit opinioni

PORT BLAKELY 401(K) PROFIT SHARING PLAN AND TRUST

Top hat statement on fileNQDC

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