Retirement plan

BAY POINT CONTROL, INC. EMPLOYEE STOCK OWNERSHIP PLAN

Name: BAY POINT CONTROL, INC. - BAY POINT CONTROL, INC. EMPLOYEE STOCK OWNERSHIP PLAN (2020) Form 5500
Creator: BAY POINT CONTROL, INC.
License: https://www.dol.gov/general/disclaim
Keywords: Form 5500, ERISA, retirement plan, BAY POINT CONTROL, INC. EMPLOYEE STOCK OWNERSHIP PLAN, BAY POINT CONTROL, INC.

BAY POINT CONTROL, INC.EIN 94-2667797Plan #002PY 2020

799 THORNTON STREET - SAN LEANDRO, CA 94577510-418-3838marinam.comLinkedIn51-200 employeesconstruction

Other plans on this EIN

1 filing

#001Retirement-$5.0M assets

Prospect flagsHigh feesLow fidelity bond

How to read this page

Total assets (EOY)

$4M

+65.2% from 2019

Total participants

-3.4% from 2019

Average account balance

$143,321

+71.1% from 2019

Annual return

43.55%

+42.96 pp from 2019

Benchmarks

See 42,032 peers

Peer group

Industry23 - Construction

Plan typeDefined contribution

Participants<25

Cohort42,032 peers

Snapshot2020

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

Analytics

Total assets (EOY)

Plan-year ending balance

$7.52M

Not enough data

1 years with asset history on file

Average account balance

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

$215K

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.

100.0%

Not enough data

1 years with eligibility data

Contributions (total)

Employer and participant dollars contributed each year

$293K

Not enough data

1 years with contributions on file

Contributions per participant

Average employer and participant contribution per enrolled participant

$14K

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

+27.69%

Not enough data

1 years with return on file

Admin fee / account holder

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

$1961

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 codes2I2P3I

Plan features

2I
Stock bonus
Stock bonus plan.
2P
Leveraged ESOP
Employee stock ownership plan that acquires employer securities with borrowed money or other debt-financing techniques.
3I
Employer securities investment required
Plan requiring that all or part of employer contributions be invested and held at least for a limited period in employer securities.

Opportunity flags

2 tripped

OpportunityHigh fees
Administrative expenses exceed $300 per participant per year - possible fee-review opportunity. (Recordkeeping / audit / legal; excludes investment management.)
ComplianceLow fidelity bond
Fidelity bond coverage is below the ERISA section 412 10%-of-assets minimum (capped at $500,000).

Expense breakdown

Schedule H Part II

Admin total

$11K

$573 / participant

Other / not subdivided$11K100.0%

% of EOY assets

0.286%

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

$143,321

$115,814+23.8%

$101,275+41.5%

$158,982-9.9%

Participation rate

100.0%

79.4%+20.6pp

75.8%+24.2pp

82.0%+18.0pp

Annual return

43.55%

56.16%-12.6pp

46.48%-2.9pp

302.99%-259.4pp

Employer contribution / active EE

$26,399

$4,176+532.2%

$3,660+621.3%

$4,763+454.3%

Participant deferral / active EE

$4,958-100.0%

$4,371-100.0%

$5,983-100.0%

Admin fee / account holder

$410

$7,249-94.4%

$5,948-93.1%

$11,252-96.4%

BAY POINT CONTROL, INC. EMPLOYEE STOCK OWNERSHIP PLAN

Summary metrics

Benchmarksi

Analytics

Service providersi

Plan features & details

Opportunity flagsi

Expense breakdowni

Audit opinioni

BAY POINT CONTROL, INC. EMPLOYEE STOCK OWNERSHIP 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