Retirement plan

THE BIONETICS CORPORATION UNION 401(K) SAVINGS PLAN

Name: THE BIONETICS CORPORATION - THE BIONETICS CORPORATION UNION 401(K) SAVINGS PLAN (2016) Form 5500
Creator: THE BIONETICS CORPORATION
License: https://www.dol.gov/general/disclaim
Keywords: Form 5500, ERISA, retirement plan, THE BIONETICS CORPORATION UNION 401(K) SAVINGS PLAN, THE BIONETICS CORPORATION

THE BIONETICS CORPORATIONEIN 95-2572691Plan #005PY 2016

101 PRODUCTION DRIVE, SUITE 100 - YORKTOWN, VA 236934025757-873-0900bionetics.comLinkedIn501-1000 employeesaviation & aerospace

Other plans on this EIN

2 filings

#001Retirement-$27.0M assets #006Retirement-$843K assets

Prospect flagsLow returns

How to read this page

Total assets (EOY)

$5.4M

-2.6% from 2015

Total participants

180

-5.3% from 2015

Average account balance

$30,474

+4.6% from 2015

Annual return

4.83%

+2.62 pp from 2015

Benchmarks

See 3,584 peers

Peer group

Industry56 - Administrative and Support and Waste Management and Remediation Services

Plan typeDefined contribution

Participants25-99

Cohort3,584 peers

Snapshot2016

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

Analytics

Total assets (EOY)

Plan-year ending balance

$4.79M

Not enough data

1 years with asset history on file

Average account balance

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

$34K

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.

140

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.

62.8%

Not enough data

1 years with eligibility data

Contributions (total)

Employer and participant dollars contributed each year

$408K

Not enough data

1 years with contributions on file

Contributions per participant

Average employer and participant contribution per enrolled participant

$3K

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

+12.23%

Not enough data

1 years with return on file

Admin fee / account holder

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

$93

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 4 by compensation

Provider	Service type	Compensation
TRANSAMERICA RETIREMENT SOLUTIONS2+ years Service code 12 · EIN 13-3689044	Recordkeeping fees; Float revenue; Pa...	$16,110
CHERRY BEKAERT LLP1 year Filed as: CHERRY, BEKART & HOLLAND Service code 10 · EIN 56-0574444	Accounting	$8,103
MID ATLANTIC CAPITAL CORPORATION2+ years Service code 33 · EIN 25-1409618	Securities brokerage commissions and ...	$0
NATIONAL FINANCIAL SERVICES2+ years Service code 33 · EIN 04-3523567	Securities brokerage commissions and ...	$0

Plan features & details

Pension benefit codes2F2G2J3H

Plan features

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.
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

1 tripped

OpportunityLow returns
Annual investment return is in the bottom quintile of the peer cohort.

Expense breakdown

Schedule H Part II

Admin total

$24K

$457 / participant

Other / not subdivided$24K100.0%

% of EOY assets

0.449%

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: CHERRY, BAEKERT & HOLLAND
Auditor EIN: 560574444
Audit fees: (not subdivided)
Opinion code: Disclaimer

Metric

This plan

Peer set

Industry

Size

Avg account balance

$30,474

$43,075-29.3%

$74,577-59.1%

$62,881-51.5%

Participation rate

94.3%

58.1%+36.3pp

68.1%+26.2pp

69.3%+25.0pp

Annual return

4.83%

17.50%-12.7pp

20.47%-15.6pp

20.14%-15.3pp

Employer contribution / active EE

$2,193

$1,498+46.4%

$2,525-13.2%

$2,281-3.9%

Participant deferral / active EE

$3,433

$2,389+43.7%

$3,458-0.7%

$3,203+7.2%

Admin fee / account holder

$137

$2,840-95.2%

$4,138-96.7%

$4,296-96.8%

Provider

Service type

Compensation

TRANSAMERICA RETIREMENT SOLUTIONS2+ years

Service code 12 · EIN 13-3689044

Recordkeeping fees; Float revenue; Pa...

$16,110

CHERRY BEKAERT LLP1 year

Filed as: CHERRY, BEKART & HOLLAND

Service code 10 · EIN 56-0574444

Accounting

$8,103

MID ATLANTIC CAPITAL CORPORATION2+ years

Service code 33 · EIN 25-1409618

Securities brokerage commissions and ...

NATIONAL FINANCIAL SERVICES2+ years

Service code 33 · EIN 04-3523567

Securities brokerage commissions and ...

THE BIONETICS CORPORATION UNION 401(K) SAVINGS PLAN

Summary metrics

Benchmarksi

Analytics

Service providersi

Plan features & details

Opportunity flagsi

Expense breakdowni

Audit opinioni

THE BIONETICS CORPORATION UNION 401(K) 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