Retirement plan

N. E. L. CORPORATION MONEY PURCHASE PENSION PLAN

Name: N.E.L. CORPORATION - N. E. L. CORPORATION MONEY PURCHASE PENSION PLAN (2018) Form 5500
Creator: N.E.L. CORPORATION
License: https://www.dol.gov/general/disclaim
Keywords: Form 5500, ERISA, retirement plan, N. E. L. CORPORATION MONEY PURCHASE PENSION PLAN, N.E.L. CORPORATION

N.E.L. CORPORATIONEIN 04-2960711Plan #001PY 2018

P.O. BOX 929 - MIDDLETON, MA 01949978-777-2085

Prospect flagsNo flags tripped

How to read this page

Total assets (EOY)

$17.8M

+16.4% from 2017

Total participants

139

0.0% from 2017

Average account balance

$128,369

+16.4% from 2017

Annual return

9.03%

-4.82 pp from 2017

Benchmarks

See 2,759 peers

Peer group

Industry23 - Construction

Plan typeDefined contribution

Participants100-249

Cohort2,759 peers

Snapshot2018

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

Analytics

Total assets (EOY)

Plan-year ending balance

$37.20M

Not enough data

1 years with asset history on file

Average account balance

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

$198K

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.

188

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.

100.0%

Not enough data

1 years with eligibility data

Contributions (total)

Employer and participant dollars contributed each year

$2.41M

Not enough data

1 years with contributions on file

Contributions per participant

Average employer and participant contribution per enrolled participant

$16K

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

+22.65%

Not enough data

1 years with return on file

Admin fee / account holder

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

$21

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
COMMONWEALTH FINANCIAL NETWORK2 years Service code 99 · EIN 04-2675571	Other Fees	$40,540
MORNINGSTAR3+ years Service code 27	Advisory (Plan)	$3,475

Plan features & details

Pension benefit codes2C2F2G2T3D

Plan features

2C
Money purchase plan
Money purchase pension plan other than a target benefit 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.
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

$5K

$44 / participant

Investment mgmt$5K100.0%

% of EOY assets

0.030%

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: JOHNSON OCONNOR FERON & CARUCCI LLP
Auditor EIN: 203985546
Audit fees: (not subdivided)
Opinion code: Disclaimer

Metric

This plan

Peer set

Industry

Size

Avg account balance

$128,369

$55,449+131.5%

$83,831+53.1%

$56,289+128.1%

Participation rate

100.0%

68.0%+32.0pp

76.1%+23.9pp

69.9%+30.1pp

Annual return

9.03%

-1.38%+10.4pp

850.99%-842.0pp

-9.96%+19.0pp

Employer contribution / active EE

$11,361

$2,430+367.4%

$3,631+212.9%

$2,111+438.1%

Participant deferral / active EE

$2,935-100.0%

$4,082-100.0%

$3,350-100.0%

Admin fee / account holder

$39

$656-94.1%

$5,479-99.3%

$521-92.5%

Provider

Service type

Compensation

COMMONWEALTH FINANCIAL NETWORK2 years

Service code 99 · EIN 04-2675571

Other Fees

$40,540

MORNINGSTAR3+ years

Service code 27

Advisory (Plan)

$3,475

N. E. L. CORPORATION MONEY PURCHASE PENSION PLAN

Summary metrics

Benchmarksi

Analytics

Service providersi

Plan features & details

Opportunity flagsi

Expense breakdowni

Audit opinioni

N. E. L. CORPORATION MONEY PURCHASE PENSION 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