Retirement plan

THE BIONETICS CORPORATION UNION 401(K) SAVINGS PLAN

Name: THE BIONETICS CORPORATION - THE BIONETICS CORPORATION UNION 401(K) SAVINGS PLAN (2018) 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 2018

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

Other plans on this EIN

2 filings

#001Retirement-$28.1M assets #006Retirement-$655K assets

Prospect flagsNo flags tripped

How to read this page

Total assets (EOY)

$4.4M

-22.0% from 2017

Total participants

183

+12.3% from 2017

Average account balance

$27,224

-29.8% from 2017

Annual return

1.58%

-9.46 pp from 2017

Benchmarks

See 3,933 peers

Peer group

Industry56 - Administrative and Support and Waste Management and Remediation Services

Plan typeDefined contribution

Participants25-99

Cohort3,933 peers

Snapshot2018

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 SOLUTIONS4+ years Service code 12 · EIN 13-3689044	Shareholder servicing fees; Distribut...	$16,305
CHERRY BEKAERT LLP1 year Service code 10 · EIN 95-2572691	Accounting	$9,600
MID ATLANTIC CAPITAL CORPORATION4+ years Service code 33 · EIN 25-1409618	Securities brokerage commissions and ...	$0
NATIONAL FINANCIAL SERVICES4+ years Service code 33 · EIN 04-3523567	Securities brokerage; Securities brok...	$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

0 tripped

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

Expense breakdown

Schedule H Part II

Admin total

$26K

$305 / participant

Other / not subdivided$26K100.0%

% of EOY assets

0.595%

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

$27,224

$42,383-35.8%

$76,518-64.4%

$64,173-57.6%

Participation rate

72.9%

58.1%+14.8pp

68.0%+4.9pp

69.6%+3.4pp

Annual return

1.58%

-16.54%+18.1pp

-0.27%+1.8pp

7.63%-6.1pp

Employer contribution / active EE

$422

$1,563-73.0%

$2,647-84.1%

$2,381-82.3%

Participant deferral / active EE

$1,382

$2,566-46.1%

$3,836-64.0%

$3,470-60.2%

Admin fee / account holder

$162

$3,198-94.9%

$4,849-96.7%

$4,887-96.7%

Provider

Service type

Compensation

TRANSAMERICA RETIREMENT SOLUTIONS4+ years

Service code 12 · EIN 13-3689044

Shareholder servicing fees; Distribut...

$16,305

CHERRY BEKAERT LLP1 year

Service code 10 · EIN 95-2572691

Accounting

$9,600

MID ATLANTIC CAPITAL CORPORATION4+ years

Service code 33 · EIN 25-1409618

Securities brokerage commissions and ...

NATIONAL FINANCIAL SERVICES4+ years

Service code 33 · EIN 04-3523567

Securities brokerage; Securities brok...

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