Retirement plan

MILFORD CONSULTANTS, LTD. DEFINED CONTRIBUTION RETIREMENT PLAN

Name: MILFORD CONSULTANTS, LTD. - MILFORD CONSULTANTS, LTD. DEFINED CONTRIBUTION RETIREMENT PLAN (2016) Form 5500
Creator: MILFORD CONSULTANTS, LTD.
License: https://www.dol.gov/general/disclaim
Keywords: Form 5500, ERISA, retirement plan, MILFORD CONSULTANTS, LTD. DEFINED CONTRIBUTION RETIREMENT PLAN, MILFORD CONSULTANTS, LTD.

MILFORD CONSULTANTS, LTD.EIN 01-0789442Plan #002PY 2016

335 MADISON AVENUE, SUITE 1500 - NEW YORK, NY 100176904212-708-0080LinkedIn51-200 employeesreal estate

Other plans on this EIN

1 filing

#001Retirement-$8.7M assets

Prospect flagsNo flags tripped

How to read this page

Total assets (EOY)

$11M

+18.1% from 2015

Total participants

115

+5.5% from 2015

Average account balance

$105,349

+14.7% from 2015

Annual return

5.48%

+5.40 pp from 2015

Benchmarks

See 3,383 peers

Peer group

Industry53 - Real Estate and Rental and Leasing

Plan typeDefined contribution

Participants25-99

Cohort3,383 peers

Snapshot2016

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

Analytics

Total assets (EOY)

Plan-year ending balance

$20.76M

Not enough data

1 years with asset history on file

Average account balance

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

$182K

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.

114

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.

94.8%

Not enough data

1 years with eligibility data

Contributions (total)

Employer and participant dollars contributed each year

$1.85M

Not enough data

1 years with contributions on file

Contributions per participant

Average employer and participant contribution per enrolled participant

$19K

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

+8.92%

Not enough data

1 years with return on file

Admin fee / account holder

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

$432

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 2 by compensation

Provider	Service type	Compensation
HPM PARTNERS2+ years Service code 27 P.O. BOX 7800 · DETROIT, MI 482781724	Advisory (Plan)	$28,716
NEWPORT GROUP, INC.1 year Filed as: NEWPORT TRUST COMPANY Service code 12 · EIN 27-4411131	Account maintenance fees; Custodial (...	$5,517

Plan features & details

Pension benefit codes2A2E2F3B3D2T

Plan features

2A
Age/service weighted or new comparability plan
Age/service weighted plan where allocations are based on age service or age and service; or new comparability or similar plan where allocations are based on participant classifications consisting entirely or predominantly of highly compensated employees or the plan provides an additional allocation rate on compensation above a specified threshold that exceeds the permitted disparity limits of Code section 401(l).
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).
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.
3B
Plan covering self-employed individuals
Plan covering self-employed individuals.
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

$675

$8 / participant

Contract admin$675100.0%

% of EOY assets

0.006%

all-in expense ratio

Categories reported

1 / 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: FGMK, LLC
Auditor EIN: 362929601
Audit fees: (not subdivided)
Opinion code: Disclaimer

Metric

This plan

Peer set

Industry

Size

Avg account balance

$105,349

$56,054+87.9%

$171,082-38.4%

$62,881+67.5%

Participation rate

87.2%

62.9%+24.3pp

76.7%+10.5pp

69.3%+17.9pp

Annual return

5.48%

22.52%-17.0pp

32.56%-27.1pp

20.14%-14.7pp

Employer contribution / active EE

$15,552

$1,731+798.4%

$4,002+288.6%

$2,281+581.9%

Participant deferral / active EE

$3,158-100.0%

$4,797-100.0%

$3,203-100.0%

Admin fee / account holder

$3,647-99.8%

$8,520-99.9%

$4,296-99.8%

Provider

Service type

Compensation

HPM PARTNERS2+ years

Service code 27

P.O. BOX 7800 · DETROIT, MI 482781724

Advisory (Plan)

$28,716

NEWPORT GROUP, INC.1 year

Filed as: NEWPORT TRUST COMPANY

Service code 12 · EIN 27-4411131

Account maintenance fees; Custodial (...

$5,517

MILFORD CONSULTANTS, LTD. DEFINED CONTRIBUTION RETIREMENT PLAN

Summary metrics

Benchmarksi

Analytics

Service providersi

Plan features & details

Opportunity flagsi

Expense breakdowni

Audit opinioni

MILFORD CONSULTANTS, LTD. DEFINED CONTRIBUTION RETIREMENT 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