Retirement plan

B & B MANUFACTURING CO., INC. 401(K) PLAN

Name: B & B MANUFACTURING CO., INC. - B & B MANUFACTURING CO., INC. 401(K) PLAN (2018) Form 5500
Creator: B & B MANUFACTURING CO., INC.
License: https://www.dol.gov/general/disclaim
Keywords: Form 5500, ERISA, retirement plan, B & B MANUFACTURING CO., INC. 401(K) PLAN, B & B MANUFACTURING CO., INC.

B & B MANUFACTURING CO., INC.EIN 95-2076912Plan #001PY 2018

27940 BEALE COURT - VALENCIA, CA 913551210661-257-2161bbmfg.comLinkedIn201-500 employeesaviation & aerospace

Prospect flagsNo flags tripped

How to read this page

Total assets (EOY)

$10.8M

+1.8% from 2017

Total participants

267

+6.4% from 2017

Average account balance

$42,599

-4.3% from 2017

Annual return

-3.18%

-17.58 pp from 2017

Benchmarks

See 4,210 peers

Peer group

Industry33 - Manufacturing

Plan typeDefined contribution

Participants100-249

Cohort4,210 peers

Snapshot2018

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

Analytics

Total assets (EOY)

Plan-year ending balance

$16.23M

Not enough data

1 years with asset history on file

Average account balance

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

$72K

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.

226

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.

94.7%

Not enough data

1 years with eligibility data

Contributions (total)

Employer and participant dollars contributed each year

$1.48M

Not enough data

1 years with contributions on file

Contributions per participant

Average employer and participant contribution per enrolled participant

$7K

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

+11.44%

Not enough data

1 years with return on file

Admin fee / account holder

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

$483

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 5 by compensation

Provider	Service type	Compensation
GREAT-WEST LIFE & ANNUITY INSURANCE4+ years Service code 64 8515 EAST ORCHARD ROAD · GREENWOOD VILLAGE, CO 91364	Recordkeeping Fees	$17,988
MERRILL LYNCH PIERCE FENNER & SMITH1 year Service code 27 4800 DEER LAKE DRIVE FL 1 · JACKSONVILLE, FL 32246	Advisory (Plan)	$9,201
GREAT-WEST LIFE & ANNUITY INSURANCE3 years Filed as: EMPOWER RETIREMENT ADVISORY SVCS Service code 28 8515 EAST ORCHARD ROAD · GREENWOOD VILLAGE, CO 80111	Investment Management	$8,746
POLYCOMP ADMINISTRATIVE SERVICES4+ years Filed as: POLYCOMP ADMINISTRATIVE SERVI., INC Service code 13 6400 CANOGA AVENUE STE 250 · WOODLAND HILLS, CA 91367	Contract Administrator	$2,000
MERRILL LYNCH PIERCE FENNER & SMITH4+ years Filed as: MERRILL LYNCH LIFE AGENCY INC Service code 55 1215 4TH AVE 26TH FL · SEATTLE, WA 98161	Other Commissions	$1,343

Plan features & details

Pension benefit codes2E2F2G2J2K3D

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.
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.

Opportunity flags

0 tripped

No flags tripped for this filing year. This plan looks clean.

Expense breakdown

Schedule H Part II

Admin total

$44K

$191 / participant

Investment mgmt$36K83.6%
Contract admin$7K16.4%

% of EOY assets

0.404%

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: HEDMAN PARTNERS
Auditor EIN: 954485080
Audit fees: (not subdivided)
Opinion code: Disclaimer

Metric

This plan

Peer set

Industry

Size

Avg account balance

$42,599

$59,186-28.0%

$76,768-44.5%

$56,287-24.3%

Participation rate

93.9%

75.2%+18.6pp

77.0%+16.9pp

69.9%+24.0pp

Annual return

-3.18%

6.62%-9.8pp

2.43%-5.6pp

-9.96%+6.8pp

Employer contribution / active EE

$1,777

$1,759+1.0%

$2,485-28.5%

$2,111-15.8%

Participant deferral / active EE

$4,362

$3,255+34.0%

$3,852+13.3%

$3,350+30.2%

Admin fee / account holder

$172

$489-64.8%

$6,675-97.4%

$521-67.0%

Provider

Service type

Compensation

GREAT-WEST LIFE & ANNUITY INSURANCE4+ years

Service code 64

8515 EAST ORCHARD ROAD · GREENWOOD VILLAGE, CO 91364

Recordkeeping Fees

$17,988

MERRILL LYNCH PIERCE FENNER & SMITH1 year

Service code 27

4800 DEER LAKE DRIVE FL 1 · JACKSONVILLE, FL 32246

Advisory (Plan)

$9,201

GREAT-WEST LIFE & ANNUITY INSURANCE3 years

Filed as: EMPOWER RETIREMENT ADVISORY SVCS

Service code 28

8515 EAST ORCHARD ROAD · GREENWOOD VILLAGE, CO 80111

Investment Management

$8,746

POLYCOMP ADMINISTRATIVE SERVICES4+ years

Filed as: POLYCOMP ADMINISTRATIVE SERVI., INC

Service code 13

6400 CANOGA AVENUE STE 250 · WOODLAND HILLS, CA 91367

Contract Administrator

$2,000

MERRILL LYNCH PIERCE FENNER & SMITH4+ years

Filed as: MERRILL LYNCH LIFE AGENCY INC

Service code 55

1215 4TH AVE 26TH FL · SEATTLE, WA 98161

Other Commissions

$1,343

B & B MANUFACTURING CO., INC. 401(K) PLAN

Summary metrics

Benchmarksi

Analytics

Service providersi

Plan features & details

Opportunity flagsi

Expense breakdowni

Audit opinioni

B & B MANUFACTURING CO., INC. 401(K) 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