Retirement plan

MAUGUS MANUFACTURING, INC. PROFIT SHARING PLAN

Name: MAUGUS MANUFACTURING, INC. - MAUGUS MANUFACTURING, INC. PROFIT SHARING PLAN (2016) Form 5500
Creator: MAUGUS MANUFACTURING, INC.
License: https://www.dol.gov/general/disclaim
Keywords: Form 5500, ERISA, retirement plan, MAUGUS MANUFACTURING, INC. PROFIT SHARING PLAN, MAUGUS MANUFACTURING, INC.

MAUGUS MANUFACTURING, INC.EIN 04-2067189Plan #002PY 2016

507 E. FULTON STREET - LANCASTER, PA 176023022717-299-5681maugusmanufacturing.openfos.comLinkedIn51-200 employees

Prospect flagsNo flags tripped

How to read this page

Total assets (EOY)

$6.8M

+0.9% from 2015

Total participants

124

-8.8% from 2015

Average account balance

$55,012

+10.6% from 2015

Annual return

6.82%

+7.12 pp from 2015

Benchmarks

See 4,221 peers

Peer group

Industry33 - Manufacturing

Plan typeDefined contribution

Participants100-249

Cohort4,221 peers

Snapshot2016

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

Analytics

Total assets (EOY)

Plan-year ending balance

$9.42M

Not enough data

1 years with asset history on file

Average account balance

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

$44K

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.

216

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.

90.8%

Not enough data

1 years with eligibility data

Contributions (total)

Employer and participant dollars contributed each year

$592K

Not enough data

1 years with contributions on file

Contributions per participant

Average employer and participant contribution per enrolled participant

$4K

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

+11.92%

Not enough data

1 years with return on file

Admin fee / account holder

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

$52

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
GARDNER RUSSO2+ years Filed as: GARDNER RUSSO GARDNER Service code 19 · EIN 23-2673088	Securities Custodian	$17,888
ALERUS FINANCIAL, N.A.2+ years Service code 15 · EIN 45-6062081	Recordkeeping	$6,295
BRANDES INVESTMENT PARTNERS2+ years Service code 27 · EIN 33-0704072	Advisory (Plan)	$5,910
CHARLES SCHWAB & CO., INC.2+ years Filed as: CHARLES SCHWAB AND COMPANY, INC. Service code 19 · EIN 94-1737782	Securities Custodian	$650

Plan features & details

Pension benefit codes2E2F2H2J2T3D

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).
2H
Partial participant-directed account plan
Participants have the opportunity to direct the investment of a portion 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.
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.

Opportunity flags

0 tripped

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

Expense breakdown

Schedule H Part II

Admin total

$31K

$283 / participant

Investment mgmt$24K78.6%
Contract admin$6K20.3%
Other / not subdivided$3411.1%

% of EOY assets

0.456%

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: RKL, LLP
Auditor EIN: 232108173
Audit fees: (not subdivided)
Opinion code: Disclaimer

Metric

This plan

Peer set

Industry

Size

Avg account balance

$55,012

$60,165-8.6%

$74,184-25.8%

$55,167-0.3%

Participation rate

100.0%

74.2%+25.8pp

76.6%+23.4pp

69.0%+31.0pp

Annual return

6.82%

10.00%-3.2pp

17.74%-10.9pp

169.23%-162.4pp

Employer contribution / active EE

$4,021

$1,600+151.4%

$2,370+69.7%

$1,963+104.9%

Participant deferral / active EE

$1,968

$2,973-33.8%

$3,550-44.6%

$3,054-35.6%

Admin fee / account holder

$251

$419-40.2%

$5,586-95.5%

$504-50.2%

Provider

Service type

Compensation

GARDNER RUSSO2+ years

Filed as: GARDNER RUSSO GARDNER

Service code 19 · EIN 23-2673088

Securities Custodian

$17,888

ALERUS FINANCIAL, N.A.2+ years

Service code 15 · EIN 45-6062081

Recordkeeping

$6,295

BRANDES INVESTMENT PARTNERS2+ years

Service code 27 · EIN 33-0704072

Advisory (Plan)

$5,910

CHARLES SCHWAB & CO., INC.2+ years

Filed as: CHARLES SCHWAB AND COMPANY, INC.

Service code 19 · EIN 94-1737782

Securities Custodian

$650

MAUGUS MANUFACTURING, INC. PROFIT SHARING PLAN

Summary metrics

Benchmarksi

Analytics

Service providersi

Plan features & details

Opportunity flagsi

Expense breakdowni

Audit opinioni

MAUGUS MANUFACTURING, INC. PROFIT SHARING 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