Retirement plan

BELL TECHLOGIX SAVINGS AND RETIREMENT PLAN

Name: BELL INDUSTRIES, INC. - BELL TECHLOGIX SAVINGS AND RETIREMENT PLAN (2018) Form 5500
Creator: BELL INDUSTRIES, INC.
License: https://www.dol.gov/general/disclaim
Keywords: Form 5500, ERISA, retirement plan, BELL TECHLOGIX SAVINGS AND RETIREMENT PLAN, BELL INDUSTRIES, INC.

BELL INDUSTRIES, INC.EIN 95-2039211Plan #001PY 2018

BELL TECHLOGIX, 4400 WEST 96TH STREET - INDIANAPOLIS, IN 46268317-333-7777bellind.comLinkedIn501-1000 employeesinformation technology and services

Prospect flagsLow participationLow employer contributionLow participant contributionCorrective distributions

Top hat statement on fileNQDC

Filed November 5, 1997 (most recent of 2 filings on file)

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)

$13.2M

-11.5% from 2017

Total participants

850

+11.8% from 2017

Average account balance

$37,877

-23.7% from 2017

Annual return

-5.28%

-24.26 pp from 2017

Benchmarks

See 1,274 peers

Peer group

Industry42 - Wholesale Trade

Plan typeDefined contribution

Participants250-999

Cohort1,274 peers

Snapshot2018

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

Analytics

Total assets (EOY)

Plan-year ending balance

$23.30M

Not enough data

1 years with asset history on file

Average account balance

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

$42K

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.

555

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.

82.4%

Not enough data

1 years with eligibility data

Contributions (total)

Employer and participant dollars contributed each year

$2.57M

Not enough data

1 years with contributions on file

Contributions per participant

Average employer and participant contribution per enrolled participant

$5K

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

+17.91%

Not enough data

1 years with return on file

Admin fee / account holder

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

$185

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

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Service providers

Top 5 by compensation

Provider	Service type	Compensation
AMERICAN UNITED LIFE INSURANCE CO1 year Filed as: ONEAMERICA RETIREMENT SERVICES LLC Service code 15 · EIN 46-5378846	Recordkeeping	$39,241
JOHN HANCOCK LIFE INSURANCE COMPANY1 year Filed as: JOHN MASTERSON Service code 27 3100 VILLAGE POINT · CHESTERTON, IN 46304	Advisory (Plan)	$28,568
BAKER TILLY US, LLP4+ years Filed as: MONTGOMERY COSCIA GREILICH LLP Service code 10 · EIN 75-2919818	Accounting	$14,196
BMO HARRIS BANK NA2 years Filed as: BMO HARRIS BANK, N.A Service code 19 · EIN 36-2085229	Securities Custodian	$0
BMO HARRIS BANK NA2 years Filed as: BMO HARRIS BANK, N.A. Service code 19	Securities Custodian	$0

Plan features & details

Pension benefit codes2E2F2G2J2K2T3D3H

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.
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

4 tripped

OpportunityLow participation
Participation rate is below 70% (account-balance holders / active employees) - enrollment or auto-enroll opportunity.
OpportunityLow participant contribution
Participant contribution per participant is in the bottom quintile of the peer cohort.
OpportunityLow employer contribution
Employer contribution per participant is in the bottom quintile of the peer cohort.
ComplianceCorrective distributions
Plan reported corrective distributions (failed ADP/ACP testing).

Expense breakdown

Schedule H Part II

Admin total

$82K

$117 / participant

Other / not subdivided$82K100.0%

% of EOY assets

0.622%

all-in expense ratio

Categories reported

0 / 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: BAKER TILLY VICHOW KRAUSE LLP
Auditor EIN: 390859910
Audit fees: (not subdivided)
Opinion code: Disclaimer

Metric

This plan

Peer set

Industry

Size

Avg account balance

$37,877

$62,267-39.2%

$110,243-65.6%

$55,725-32.0%

Participation rate

28.3%

78.1%-49.8pp

79.8%-51.5pp

70.9%-42.6pp

Annual return

-5.28%

-1.07%-4.2pp

314.76%-320.0pp

244.93%-250.2pp

Employer contribution / active EE

$97

$1,941-95.0%

$3,827-97.5%

$2,078-95.3%

Participant deferral / active EE

$1,037

$3,516-70.5%

$4,672-77.8%

$3,356-69.1%

Admin fee / account holder

$236

$121+94.9%

$8,548-97.2%

$115+104.6%

Provider

Service type

Compensation

AMERICAN UNITED LIFE INSURANCE CO1 year

Filed as: ONEAMERICA RETIREMENT SERVICES LLC

Service code 15 · EIN 46-5378846

Recordkeeping

$39,241

JOHN HANCOCK LIFE INSURANCE COMPANY1 year

Filed as: JOHN MASTERSON

Service code 27

3100 VILLAGE POINT · CHESTERTON, IN 46304

Advisory (Plan)

$28,568

BAKER TILLY US, LLP4+ years

Filed as: MONTGOMERY COSCIA GREILICH LLP

Service code 10 · EIN 75-2919818

Accounting

$14,196

BMO HARRIS BANK NA2 years

Filed as: BMO HARRIS BANK, N.A

Service code 19 · EIN 36-2085229

Securities Custodian

BMO HARRIS BANK NA2 years

Filed as: BMO HARRIS BANK, N.A.

Service code 19

Securities Custodian

BELL TECHLOGIX SAVINGS AND RETIREMENT PLAN

Top hat statement on fileNQDC

Summary metrics

Benchmarksi

Analytics

Service providersi

Plan features & details

Opportunity flagsi

Expense breakdowni

Audit opinioni

BELL TECHLOGIX SAVINGS AND RETIREMENT PLAN

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