Retirement plan

MINTZ LEVIN COHN FERRIS GLOVSKY AND POPEO SAVINGS AND RETIREMENT PLAN

Name: MINTZ LEVIN COHN FERRIS GLOVSKY AND POPEO PC - MINTZ LEVIN COHN FERRIS GLOVSKY AND POPEO SAVINGS AND RETIREMENT PLAN (2016) Form 5500
Creator: MINTZ LEVIN COHN FERRIS GLOVSKY AND POPEO PC
License: https://www.dol.gov/general/disclaim
Keywords: Form 5500, ERISA, retirement plan, MINTZ LEVIN COHN FERRIS GLOVSKY AND POPEO SAVINGS AND RETIREMENT PLAN, MINTZ LEVIN COHN FERRIS GLOVSKY AND POPEO PC

MINTZ LEVIN COHN FERRIS GLOVSKY AND POPEO PCEIN 04-2718459Plan #004PY 2016

ONE FINANCIAL CENTER - BOSTON, MA 021112621617-542-6000

Prospect flagsLow returns

Top hat statement on fileNQDC

Filed October 23, 2000

This is a legacy paper filing. Plan administrator and contact details are recorded in the original filing, which has not been digitised into structured fields.

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Total assets (EOY)

$340.6M

-11.2% from 2017

Total participants

1,495

-1.8% from 2017

Average account balance

$239,006

-5.7% from 2017

Annual return

-0.55%

-14.58 pp from 2017

Benchmarks

See 664 peers

Peer group

Industry54 - Professional, Scientific, and Technical Services

Plan typeDefined contribution

Participants1,000-4,999

Cohort664 peers

Snapshot2016

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

Analytics

Total assets (EOY)

Plan-year ending balance

$665.09M

Not enough data

1 years with asset history on file

Average account balance

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

$355K

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.

1,872

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.

97.7%

Not enough data

1 years with eligibility data

Contributions (total)

Employer and participant dollars contributed each year

$35.68M

Not enough data

1 years with contributions on file

Contributions per participant

Average employer and participant contribution per enrolled participant

$32K

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

+6.52%

Not enough data

1 years with return on file

Admin fee / account holder

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

$112

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 5 by compensation

Provider	Service type	Compensation
MMA SECURITIES LLC1+ years Filed as: MMC SECURITIES CORP. BOSTONIAN DIV. Service code 16 · EIN 04-2848081	Consulting	$36,000
MMA SECURITIES LLC1+ years Filed as: MMC SECURITIES CORP Service code 16 · EIN 04-2848081	Consulting	$32,000
MAYER HOFFMAN MCCANN P.C.1+ years Service code 10 · EIN 43-1947695	Accounting	$17,169
FIDELITY INVESTMENTS INSTITUTIONAL1+ years Filed as: FIDELITY INV. INST. OPERATIONS CO. Service code 37 · EIN 04-2647786	Loan Processing	$9,286
THE STANDARD1+ years Service code 11 STANDARD PLAZA BUILDING · PORTLAND, OR 97204	Actuarial	$7,000

Plan features & details

Pension benefit codes2E2F2G2J2K2R

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.
2R
Participant-directed brokerage accounts
Participant-directed brokerage accounts provided as an investment option under the plan.

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

$106K

$103 / participant

Investment mgmt$68K64.4%
Contract admin$9K8.8%
Other / not subdivided$28K26.9%

% of EOY assets

0.031%

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: MAYER HOFFMAN MCCANN P.C.
Auditor EIN: 431947695
Audit fees: (not subdivided)
Opinion code: Disclaimer

Metric

This plan

Peer set

Industry

Size

Avg account balance

$239,006

$85,635+179.1%

$123,894+92.9%

$63,975+273.6%

Participation rate

93.1%

74.9%+18.2pp

81.4%+11.7pp

71.1%+22.0pp

Annual return

-0.55%

15.74%-16.3pp

47.52%-48.1pp

48.65%-49.2pp

Employer contribution / active EE

$9,898

$3,076+221.7%

$4,617+114.4%

$2,182+353.7%

Participant deferral / active EE

$10,599

$5,667+87.0%

$5,984+77.1%

$3,356+215.8%

Admin fee / account holder

$74

$75-1.0%

$8,357-99.1%

$70+5.3%

Provider

Service type

Compensation

MMA SECURITIES LLC1+ years

Filed as: MMC SECURITIES CORP. BOSTONIAN DIV.

Service code 16 · EIN 04-2848081

Consulting

$36,000

MMA SECURITIES LLC1+ years

Filed as: MMC SECURITIES CORP

Service code 16 · EIN 04-2848081

Consulting

$32,000

MAYER HOFFMAN MCCANN P.C.1+ years

Service code 10 · EIN 43-1947695

Accounting

$17,169

FIDELITY INVESTMENTS INSTITUTIONAL1+ years

Filed as: FIDELITY INV. INST. OPERATIONS CO.

Service code 37 · EIN 04-2647786

Loan Processing

$9,286

THE STANDARD1+ years

Service code 11

STANDARD PLAZA BUILDING · PORTLAND, OR 97204

Actuarial

$7,000

MINTZ LEVIN COHN FERRIS GLOVSKY AND POPEO SAVINGS AND RETIREMENT PLAN

Top hat statement on fileNQDC

Summary metrics

Benchmarksi

Analytics

Service providersi

Plan features & details

Opportunity flagsi

Expense breakdowni

Audit opinioni

MINTZ LEVIN COHN FERRIS GLOVSKY AND POPEO SAVINGS AND RETIREMENT PLAN

Top hat statement on fileNQDC

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