Retirement plan

MASTERMAN'S 401(K) PROFIT SHARING PLAN

Name: MASTERMAN'S LLP - MASTERMAN'S 401(K) PROFIT SHARING PLAN (2017) Form 5500
Creator: MASTERMAN'S LLP
License: https://www.dol.gov/general/disclaim
Keywords: Form 5500, ERISA, retirement plan, MASTERMAN'S 401(K) PROFIT SHARING PLAN, MASTERMAN'S LLP

MASTERMAN'S LLPEIN 04-2899654Plan #001PY 2017

11 C STREET - AUBURN, MA 01501508-755-7861

Prospect flagsNo flags tripped

How to read this page

Total assets (EOY)

$6M

+16.3% from 2016

Total participants

127

+6.7% from 2016

Average account balance

$62,995

+15.1% from 2016

Annual return

14.36%

+5.65 pp from 2016

Benchmarks

See 2,371 peers

Peer group

Industry42 - Wholesale Trade

Plan typeDefined contribution

Participants100-249

Cohort2,371 peers

Snapshot2017

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

Analytics

Total assets (EOY)

Plan-year ending balance

$10.95M

Not enough data

1 years with asset history on file

Average account balance

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

$129K

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.

116.4%

Not enough data

1 years with eligibility data

Contributions (total)

Employer and participant dollars contributed each year

$438K

Not enough data

1 years with contributions on file

Contributions per participant

Average employer and participant contribution per enrolled participant

$6K

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

+11.84%

Not enough data

1 years with return on file

Admin fee / account holder

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

$14155

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

Top 4 by compensation

Provider	Service type	Compensation
MASSACHUSETTS MUTUAL LIFE INS. CO.1 year Filed as: MASSMUTUAL RETIRMENT SERVICE, LLC Service code 15 · EIN 26-1589907	Recordkeeping	$1,445
LPL FINANCIAL1 year Filed as: LPL FINANCIAL, LLC Service code 28 · EIN 95-2834236	Investment Management	$0
MORNINGSTAR1 year Filed as: MORNINGSTAR ASSOCIATES, LLC Service code 49 · EIN 36-4317381	Other Services	$0
RELIANCE TRUST COMPANY1 year Service code 26 · EIN 58-1428634	Advisory (Participants)	$0

Plan features & details

Pension benefit codes2E2F2G2J2K3D

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.
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

$1K

$13 / participant

Contract admin$1K100.0%

% of EOY assets

0.024%

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: STOLBERG, EBBELING & BLANCHETTE,LLP
Auditor EIN: 201260740
Audit fees: (not subdivided)
Opinion code: Disclaimer

Metric

This plan

Peer set

Industry

Size

Avg account balance

$62,995

$71,192-11.5%

$117,861-46.6%

$62,293+1.1%

Participation rate

72.2%

74.2%-2.1pp

79.7%-7.5pp

69.5%+2.7pp

Annual return

14.36%

18.66%-4.3pp

335.11%-320.7pp

28.90%-14.5pp

Employer contribution / active EE

$662

$1,934-65.8%

$3,786-82.5%

$2,042-67.6%

Participant deferral / active EE

$2,722

$3,189-14.6%

$4,482-39.3%

$3,169-14.1%

Admin fee / account holder

$15

$587-97.4%

$8,021-99.8%

$479-96.8%

Provider

Service type

Compensation

MASSACHUSETTS MUTUAL LIFE INS. CO.1 year

Filed as: MASSMUTUAL RETIRMENT SERVICE, LLC

Service code 15 · EIN 26-1589907

Recordkeeping

$1,445

LPL FINANCIAL1 year

Filed as: LPL FINANCIAL, LLC

Service code 28 · EIN 95-2834236

Investment Management

MORNINGSTAR1 year

Filed as: MORNINGSTAR ASSOCIATES, LLC

Service code 49 · EIN 36-4317381

Other Services

RELIANCE TRUST COMPANY1 year

Service code 26 · EIN 58-1428634

Advisory (Participants)

MASTERMAN'S 401(K) PROFIT SHARING PLAN

Summary metrics

Benchmarksi

Analytics

Service providersi

Plan features & details

Opportunity flagsi

Expense breakdowni

Audit opinioni

MASTERMAN'S 401(K) 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