Retirement plan

MICROMETAL TECHNOLOGIES, INC PROFIT SHARING PLAN

Name: MICROMETAL TECHNOLOGIES, INC. - MICROMETAL TECHNOLOGIES, INC PROFIT SHARING PLAN (2018) Form 5500
Creator: MICROMETAL TECHNOLOGIES, INC.
License: https://www.dol.gov/general/disclaim
Keywords: Form 5500, ERISA, retirement plan, MICROMETAL TECHNOLOGIES, INC PROFIT SHARING PLAN, MICROMETAL TECHNOLOGIES, INC.

MICROMETAL TECHNOLOGIES, INC.EIN 04-3120436Plan #001PY 2018

5 NEW PASTURE ROAD - NEWBURYPORT, MA 01950978-462-3600

Prospect flagsLow assets / participant

How to read this page

Total assets (EOY)

$159K

+196.4% from 2017

Total participants

+60.0% from 2017

Average account balance

$9,922

+85.2% from 2017

Annual return

-6.13%

-6.13 pp from 2017

Benchmarks

See 8,254 peers

Peer group

Industry32 - Manufacturing

Plan typeDefined contribution

Participants<25

Cohort8,254 peers

Snapshot2018

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

Analytics

Total assets (EOY)

Plan-year ending balance

$957K

Not enough data

1 years with asset history on file

Average account balance

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

$60K

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.

114.3%

Not enough data

1 years with eligibility data

Contributions (total)

Employer and participant dollars contributed each year

$139K

Not enough data

1 years with contributions on file

Contributions per participant

Average employer and participant contribution per enrolled participant

$10K

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

+12.96%

Not enough data

1 years with return on file

Admin fee / account holder

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

$1858

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 codes2E2J

Plan features

2E
Profit-sharing
Profit-sharing plan.
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.

Opportunity flags

1 tripped

OpportunityLow assets / participant
Assets per participant are in the bottom quintile of the peer cohort - savings-rate / match opportunity.

Expense breakdown

Schedule H Part II

Admin total

$4K

$266 / participant

Other / not subdivided$4K100.0%

% of EOY assets

2.511%

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

$9,922

$99,032-90.0%

$80,022-87.6%

$135,379-92.7%

Participation rate

100.0%

78.4%+21.6pp

75.8%+24.2pp

82.6%+17.4pp

Annual return

-6.13%

15.39%-21.5pp

11.22%-17.4pp

519.79%-525.9pp

Employer contribution / active EE

$2,461

$3,043-19.1%

$2,468-0.3%

$4,779-48.5%

Participant deferral / active EE

$4,817

$4,282+12.5%

$3,686+30.7%

$5,609-14.1%

Admin fee / account holder

$249

$10,436-97.6%

$6,521-96.2%

$10,828-97.7%

MICROMETAL TECHNOLOGIES, INC PROFIT SHARING PLAN

Summary metrics

Benchmarksi

Analytics

Service providersi

Plan features & details

Opportunity flagsi

Expense breakdowni

Audit opinioni

MICROMETAL TECHNOLOGIES, 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