Retirement plan

J.M. BLANCO, INC. UNION EMPLOYEES SAVINGS AND INVESTMENT PLAN

Name: J.M. BLANCO, INC. AMERISOURCE BERGEN - J.M. BLANCO, INC. UNION EMPLOYEES SAVINGS AND INVESTMENT PLAN (2017) Form 5500
Creator: J.M. BLANCO, INC. AMERISOURCE BERGEN
License: https://www.dol.gov/general/disclaim
Keywords: Form 5500, ERISA, retirement plan, J.M. BLANCO, INC. UNION EMPLOYEES SAVINGS AND INVESTMENT PLAN, J.M. BLANCO, INC. AMERISOURCE BERGEN

J.M. BLANCO, INC. AMERISOURCE BERGENEIN 94-3319906Plan #001PY 2017

21 DIANA STREET AMELIA INDUSTRIAL, PARK - GUAYNABO, PR 009688006787-793-6262

Prospect flagsHigh feesLow employer contribution

How to read this page

Total assets (EOY)

$615K

+1.9% from 2016

Total participants

-4.8% from 2016

Average account balance

$36,193

-16.1% from 2016

Annual return

12.33%

+8.07 pp from 2016

Benchmarks

See 22,202 peers

Peer group

Industry42 - Wholesale Trade

Plan typeDefined contribution

Participants<25

Cohort22,202 peers

Snapshot2017

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

Analytics

Total assets (EOY)

Plan-year ending balance

$701K

Not enough data

1 years with asset history on file

Average account balance

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

$37K

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.

66.7%

Not enough data

1 years with eligibility data

Contributions (total)

Employer and participant dollars contributed each year

$41K

Not enough data

1 years with contributions on file

Contributions per participant

Average employer and participant contribution per enrolled participant

$2K

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

+10.78%

Not enough data

1 years with return on file

Admin fee / account holder

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

$2578

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 codes2E2G3C

Plan features

2E
Profit-sharing
Profit-sharing plan.
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.
3C
Plan not intended to be qualified
A plan not intended to be qualified under Code sections 401 403 or 408.

Opportunity flags

2 tripped

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

$112K

$6240 / participant

Other / not subdivided$112K100.0%

% of EOY assets

18.254%

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

$36,193

$144,130-74.9%

$117,861-69.3%

$147,586-75.5%

Participation rate

83.3%

83.4%-0.1pp

79.7%+3.7pp

82.8%+0.5pp

Annual return

12.33%

531.20%-518.9pp

335.11%-322.8pp

578.59%-566.3pp

Employer contribution / active EE

$696

$4,897-85.8%

$3,786-81.6%

$4,876-85.7%

Participant deferral / active EE

$1,696

$5,316-68.1%

$4,482-62.2%

$5,439-68.8%

Admin fee / account holder

$6,607

$10,887-39.3%

$8,021-17.6%

$10,886-39.3%

J.M. BLANCO, INC. UNION EMPLOYEES SAVINGS AND INVESTMENT PLAN

Summary metrics

Benchmarksi

Analytics

Service providersi

Plan features & details

Opportunity flagsi

Expense breakdowni

Audit opinioni

J.M. BLANCO, INC. UNION EMPLOYEES SAVINGS AND INVESTMENT 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