Retirement plan

BOISSET FAMILY ESTATES, INC. RETIREMENT SAVINGS PLAN

Name: BOISSET FAMILY ESTATES, INC. - BOISSET FAMILY ESTATES, INC. RETIREMENT SAVINGS PLAN (2017) Form 5500
Creator: BOISSET FAMILY ESTATES, INC.
License: https://www.dol.gov/general/disclaim
Keywords: Form 5500, ERISA, retirement plan, BOISSET FAMILY ESTATES, INC. RETIREMENT SAVINGS PLAN, BOISSET FAMILY ESTATES, INC.

BOISSET FAMILY ESTATES, INC.EIN 94-2681575Plan #001PY 2017

849 ZINFANDEL LANE - ST. HELENA, CA 94574707-963-3141boissetfamilyestates.comLinkedIn51-200 employeeswine and spirits

Prospect flagsLow fidelity bondFailed to transmit contributionsCorrective distributions

How to read this page

Total assets (EOY)

$10.5M

+23.6% from 2016

Total participants

281

+9.3% from 2016

Average account balance

$39,404

+10.7% from 2016

Annual return

16.30%

+3.16 pp from 2016

Benchmarks

See 935 peers

Peer group

Industry31 - Manufacturing

Plan typeDefined contribution

Participants100-249

Cohort935 peers

Snapshot2017

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

Analytics

Total assets (EOY)

Plan-year ending balance

$23.22M

Not enough data

1 years with asset history on file

Average account balance

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

$60K

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.

384

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.

89.5%

Not enough data

1 years with eligibility data

Contributions (total)

Employer and participant dollars contributed each year

$2.34M

Not enough data

1 years with contributions on file

Contributions per participant

Average employer and participant contribution per enrolled participant

$8K

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

+15.69%

Not enough data

1 years with return on file

Admin fee / account holder

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

$382

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
MORNINGSTAR1 year Filed as: MORNINGSTAR INVESTMENT MANAGEMENT Service code 26 · EIN 36-3297908	Advisory (Participants)	$1,751
MORNINGSTAR1 year Filed as: MORNINGSTART INVESTMENT MANAGEMENT Service code 26 · EIN 36-4317381	Advisory (Participants)	$1,572
VOYA RETIREMENT INSURANCE & ANNUITY3+ years Filed as: VOYA RETIREMENT INS. AND ANNUITY CO Service code 99 · EIN 71-0294708	Other Fees	$0

Plan features & details

Pension benefit codes2E2F2G2J2K2R2S2T3D3H

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.
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.
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

3 tripped

ComplianceLow fidelity bond
Fidelity bond coverage is below the ERISA section 412 10%-of-assets minimum (capped at $500,000).
ComplianceFailed to transmit contributions
Form 5500 reported a failure to timely transmit participant contributions (Schedule H line 4a).
ComplianceCorrective distributions
Plan reported corrective distributions (failed ADP/ACP testing).

Expense breakdown

Schedule H Part II

Admin total

$12K

$62 / participant

Investment mgmt$12K100.0%

% of EOY assets

0.110%

all-in expense ratio

Categories reported

1 / 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: SHEA LABAGH DOBBERSTEIN
Auditor EIN: 942290202
Audit fees: (not subdivided)
Opinion code: Disclaimer

Metric

This plan

Peer set

Industry

Size

Avg account balance

$39,404

$50,385-21.8%

$75,501-47.8%

$62,293-36.7%

Participation rate

92.4%

67.7%+24.7pp

72.4%+20.1pp

69.5%+22.9pp

Annual return

16.30%

19.90%-3.6pp

27.35%-11.0pp

28.90%-12.6pp

Employer contribution / active EE

$1,615

$1,537+5.1%

$2,352-31.3%

$2,042-20.9%

Participant deferral / active EE

$4,839

$2,445+97.9%

$3,142+54.0%

$3,169+52.7%

Admin fee / account holder

$43

$384-88.7%

$5,801-99.3%

$479-91.0%

Provider

Service type

Compensation

MORNINGSTAR1 year

Filed as: MORNINGSTAR INVESTMENT MANAGEMENT

Service code 26 · EIN 36-3297908

Advisory (Participants)

$1,751

MORNINGSTAR1 year

Filed as: MORNINGSTART INVESTMENT MANAGEMENT

Service code 26 · EIN 36-4317381

Advisory (Participants)

$1,572

VOYA RETIREMENT INSURANCE & ANNUITY3+ years

Filed as: VOYA RETIREMENT INS. AND ANNUITY CO

Service code 99 · EIN 71-0294708

Other Fees

BOISSET FAMILY ESTATES, INC. RETIREMENT SAVINGS PLAN

Summary metrics

Benchmarksi

Analytics

Service providersi

Plan features & details

Opportunity flagsi

Expense breakdowni

Audit opinioni

BOISSET FAMILY ESTATES, INC. RETIREMENT SAVINGS 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