Retirement plan

ST. BERNARD SOAP COMPANY 401(K) PLAN

Name: ST. BERNARD SOAP COMPANY - ST. BERNARD SOAP COMPANY 401(K) PLAN (2020) Form 5500
Creator: ST. BERNARD SOAP COMPANY
License: https://www.dol.gov/general/disclaim
Keywords: Form 5500, ERISA, retirement plan, ST. BERNARD SOAP COMPANY 401(K) PLAN, ST. BERNARD SOAP COMPANY

ST. BERNARD SOAP COMPANYEIN 98-0390818Plan #001PY 2020

5177 SPRING GROVE AVE. - CINCINNATI, OH 45217513-242-2227

Prospect flagsLow returnsLow participationCorrective distributions

How to read this page

Total assets (EOY)

$30.1M

+11.2% from 2019

Total participants

450

+4.7% from 2019

Average account balance

$90,951

-10.6% from 2019

Annual return

11.41%

-9.08 pp from 2019

Benchmarks

See 1,160 peers

Peer group

Industry32 - Manufacturing

Plan typeDefined contribution

Participants250-999

Cohort1,160 peers

Snapshot2020

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

Analytics

Total assets (EOY)

Plan-year ending balance

$9.89M

Not enough data

1 years with asset history on file

Average account balance

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

$46K

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.

214

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.

Not enough data

0 years with eligibility data

Contributions (total)

Employer and participant dollars contributed each year

$1.12M

Not enough data

1 years with contributions on file

Contributions per participant

Average employer and participant contribution per enrolled participant

Not enough data

0 years with per-participant contribution data

Asset flow

BOY + contributions + return - distributions = EOY

Year

Annual return

Diverging bars; negative years highlighted

+6.58%

Not enough data

1 years with return on file

Admin fee / account holder

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

$313

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 10 of 13 by compensation

Provider	Service type	Compensation
CREATIVE PLANNING LLC3 years Filed as: CREATIVE PLANNING INC Service code 27 · EIN 43-1270780	Advisory (Plan)	$57,587
MASSACHUSETTS MUTUAL LIFE INS. CO.6+ years Service code 49 · EIN 04-1590850	Other Services	$5,567
AMERICAN FUNDS4 years Service code 52 · EIN 95-1411037	Indirect Investment Fees	$0
THE BANK OF NEW YORK MELLON2 years Filed as: BNY MELLON Service code 52 · EIN 13-4193975	Indirect Investment Fees	$0
COLUMBIA4 years Service code 52 · EIN 36-3376651	Indirect Investment Fees	$0
DELAWARE INVESTMENTS4 years Service code 52 · EIN 23-2448660	Indirect Investment Fees	$0
DIAMOND HILL4 years Service code 52 · EIN 31-6547095	Indirect Investment Fees	$0
DIMENSIONAL FUND ADVISORS3 years Service code 52 · EIN 36-3129984	Indirect Investment Fees	$0
JANUS HENDERSON4 years Service code 52 · EIN 84-0592523	Indirect Investment Fees	$0
MFS INVESTMENT MANAGEMENT4 years Service code 52 · EIN 04-3158862	Indirect Investment Fees	$0

Plan features & details

Pension benefit codes2E2J2F2G2K3D3H2T

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

3 tripped

OpportunityLow participation
Participation rate is below 70% (account-balance holders / active employees) - enrollment or auto-enroll opportunity.
OpportunityLow returns
Annual investment return 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

$64K

$171 / participant

Investment mgmt$58K90.3%
Contract admin$6K8.7%
Other / not subdivided$6371.0%

% of EOY assets

0.212%

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: FLAGEL HUBER FLAGEL
Auditor EIN: 310796034
Audit fees: (not subdivided)
Opinion code: Disclaimer

Metric

This plan

Peer set

Industry

Size

Avg account balance

$90,951

$85,135+6.8%

$98,920-8.1%

$73,412+23.9%

Participation rate

68.2%

81.1%-13.0pp

76.0%-7.8pp

72.2%-4.0pp

Annual return

11.41%

19.14%-7.7pp

196.47%-185.1pp

59.30%-47.9pp

Employer contribution / active EE

$1,867

$2,721-31.4%

$2,689-30.6%

$2,234-16.4%

Participant deferral / active EE

$2,351

$4,349-45.9%

$4,245-44.6%

$3,806-38.2%

Admin fee / account holder

$193

$139+38.4%

$6,643-97.1%

$158+22.1%

Provider

Service type

Compensation

CREATIVE PLANNING LLC3 years

Filed as: CREATIVE PLANNING INC

Service code 27 · EIN 43-1270780

Advisory (Plan)

$57,587

MASSACHUSETTS MUTUAL LIFE INS. CO.6+ years

Service code 49 · EIN 04-1590850

Other Services

$5,567

AMERICAN FUNDS4 years

Service code 52 · EIN 95-1411037

Indirect Investment Fees

THE BANK OF NEW YORK MELLON2 years

Filed as: BNY MELLON

Service code 52 · EIN 13-4193975

Indirect Investment Fees

COLUMBIA4 years

Service code 52 · EIN 36-3376651

Indirect Investment Fees

DELAWARE INVESTMENTS4 years

Service code 52 · EIN 23-2448660

Indirect Investment Fees

DIAMOND HILL4 years

Service code 52 · EIN 31-6547095

Indirect Investment Fees

DIMENSIONAL FUND ADVISORS3 years

Service code 52 · EIN 36-3129984

Indirect Investment Fees

JANUS HENDERSON4 years

Service code 52 · EIN 84-0592523

Indirect Investment Fees

MFS INVESTMENT MANAGEMENT4 years

Service code 52 · EIN 04-3158862

Indirect Investment Fees

ST. BERNARD SOAP COMPANY 401(K) PLAN

Summary metrics

Benchmarksi

Analytics

Service providersi

Plan features & details

Opportunity flagsi

Expense breakdowni

Audit opinioni

ST. BERNARD SOAP COMPANY 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