Retirement plan

MAYFLOWER COMMUNICATIONS CO INC. 401(K) PROFIT SHARING PLAN & TRUST

Name: MAYFLOWER COMMUNICATIONS COMPANY INC. - MAYFLOWER COMMUNICATIONS CO INC. 401(K) PROFIT SHARING PLAN & TRUST (2018) Form 5500
Creator: MAYFLOWER COMMUNICATIONS COMPANY INC.
License: https://www.dol.gov/general/disclaim
Keywords: Form 5500, ERISA, retirement plan, MAYFLOWER COMMUNICATIONS CO INC. 401(K) PROFIT SHARING PLAN & TRUST, MAYFLOWER COMMUNICATIONS COMPANY INC.

MAYFLOWER COMMUNICATIONS COMPANY INC.EIN 04-2899280Plan #001PY 2018

11 OAK PARK DRIVE, SUITE 200 - BEDFORD, MA 01730781-359-9500mayflowercom.comLinkedIn51-200 employeesdefense & space

Prospect flagsHigh feesLow participation

How to read this page

Total assets (EOY)

$8.3M

-0.4% from 2017

Total participants

+21.6% from 2017

Average account balance

$236,082

-0.4% from 2017

Annual return

-4.25%

-24.16 pp from 2017

Benchmarks

See 25,535 peers

Peer group

Industry54 - Professional, Scientific, and Technical Services

Plan typeDefined contribution

Participants25-99

Cohort25,535 peers

Snapshot2018

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

Analytics

Total assets (EOY)

Plan-year ending balance

$21.19M

Not enough data

1 years with asset history on file

Average account balance

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

$279K

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.

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.

168.9%

Not enough data

1 years with eligibility data

Contributions (total)

Employer and participant dollars contributed each year

$665K

Not enough data

1 years with contributions on file

Contributions per participant

Average employer and participant contribution per enrolled participant

$15K

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

+23.92%

Not enough data

1 years with return on file

Admin fee / account holder

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

$10433

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

0 years with F_SCH_H allocation on file

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

Service providers

Providers data not reported

Schedule C was not filed on this plan's most recent Form 5500, so no compensated service providers are available to display.

Plan features & details

Pension benefit codes2E2F2G2J2T3D

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.
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

2 tripped

OpportunityLow participation
Participation rate is below 70% (account-balance holders / active employees) - enrollment or auto-enroll opportunity.
OpportunityHigh fees
Administrative expenses exceed $300 per participant per year - possible fee-review opportunity. (Recordkeeping / audit / legal; excludes investment management.)

Expense breakdown

Schedule H Part II

Admin total

$224K

$6779 / participant

Other / not subdivided$224K100.0%

% of EOY assets

2.707%

all-in expense ratio

Categories reported

0 / 9

subdivided buckets used

Audit opinion

Schedule H Part III

No opinion code on file for this filing.

Auditor firm: (not reported)
Auditor EIN: -
Audit fees: (not subdivided)
Opinion code: -

Metric

This plan

Peer set

Industry

Size

Avg account balance

$236,082

$77,817+203.4%

$123,553+91.1%

$64,173+267.9%

Participation rate

69.7%

74.7%-5.0pp

82.3%-12.6pp

69.6%+0.1pp

Annual return

-4.25%

12.49%-16.7pp

119.21%-123.5pp

7.63%-11.9pp

Employer contribution / active EE

$5,058

$3,014+67.8%

$4,628+9.3%

$2,381+112.4%

Participant deferral / active EE

$10,104

$5,240+92.8%

$6,426+57.2%

$3,470+191.2%

Admin fee / account holder

$6,391

$5,519+15.8%

$9,284-31.2%

$4,887+30.8%

MAYFLOWER COMMUNICATIONS CO INC. 401(K) PROFIT SHARING PLAN & TRUST

Summary metrics

Benchmarksi

Analytics

Service providersi

Plan features & details

Opportunity flagsi

Expense breakdowni

Audit opinioni

MAYFLOWER COMMUNICATIONS CO INC. 401(K) PROFIT SHARING PLAN & TRUST

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