Retirement plan

MORRIS ROTHENBERG & SON, INC. PROFIT SHARING PLAN

Name: MORRIS ROTHENBERG & SON, INC. - MORRIS ROTHENBERG & SON, INC. PROFIT SHARING PLAN (2016) Form 5500
Creator: MORRIS ROTHENBERG & SON, INC.
License: https://www.dol.gov/general/disclaim
Keywords: Form 5500, ERISA, retirement plan, MORRIS ROTHENBERG & SON, INC. PROFIT SHARING PLAN, MORRIS ROTHENBERG & SON, INC.

MORRIS ROTHENBERG & SON, INC.EIN 11-2205667Plan #001PY 2016

3015 VETERANS MEMORIAL HWY. - RONKONKOMA, NY 117790512631-585-9446LinkedIn51-200 employeesconsumer goods

Prospect flagsLow returnsLow participant contribution

How to read this page

Total assets (EOY)

$17.9M

+11.3% from 2015

Total participants

198

-1.0% from 2015

Average account balance

$101,268

-8.9% from 2015

Annual return

5.32%

+4.61 pp from 2015

Benchmarks

See 2,366 peers

Peer group

Industry42 - Wholesale Trade

Plan typeDefined contribution

Participants100-249

Cohort2,366 peers

Snapshot2016

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

Analytics

Total assets (EOY)

Plan-year ending balance

$32.92M

Not enough data

1 years with asset history on file

Average account balance

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

$159K

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.

207

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.

88.5%

Not enough data

1 years with eligibility data

Contributions (total)

Employer and participant dollars contributed each year

$2.06M

Not enough data

1 years with contributions on file

Contributions per participant

Average employer and participant contribution per enrolled participant

$13K

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

+17.04%

Not enough data

1 years with return on file

Admin fee / account holder

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

$328

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 3 by compensation

Provider	Service type	Compensation
HKMP1 year Service code 10 · EIN 13-4008185	Accounting	$14,000
FIDELITY INVESTMENTS INSTITUTIONAL2+ years Service code 37 · EIN 04-2647786	Loan Processing	$5,552
PORTFOLIO EVALUATIONS, INC.1 year Filed as: PORTFOLIO EVALUATIONS INC Service code 17 · EIN 22-3189064	Pension Consulting	$5,000

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 participant contribution
Participant contribution per participant is in the bottom quintile of the peer cohort.
OpportunityLow returns
Annual investment return is in the bottom quintile of the peer cohort.

Expense breakdown

Schedule H Part II

Admin total

$25K

$178 / participant

Other / not subdivided$25K100.0%

% of EOY assets

0.137%

all-in expense ratio

Categories reported

0 / 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: HELD, KRANZLER, MCCOSKER & PULICE
Auditor EIN: 134008185
Audit fees: (not subdivided)
Opinion code: Disclaimer

Metric

This plan

Peer set

Industry

Size

Avg account balance

$101,268

$63,924+58.4%

$108,582-6.7%

$55,167+83.6%

Participation rate

84.8%

74.3%+10.4pp

79.6%+5.2pp

69.0%+15.8pp

Annual return

5.32%

15.31%-10.0pp

-51.70%+57.0pp

169.23%-163.9pp

Employer contribution / active EE

$9,726

$1,879+417.6%

$3,758+158.8%

$1,963+395.5%

Participant deferral / active EE

$1,323

$3,067-56.9%

$4,311-69.3%

$3,054-56.7%

Admin fee / account holder

$139

$618-77.5%

$7,645-98.2%

$504-72.5%

Provider

Service type

Compensation

HKMP1 year

Service code 10 · EIN 13-4008185

Accounting

$14,000

FIDELITY INVESTMENTS INSTITUTIONAL2+ years

Service code 37 · EIN 04-2647786

Loan Processing

$5,552

PORTFOLIO EVALUATIONS, INC.1 year

Filed as: PORTFOLIO EVALUATIONS INC

Service code 17 · EIN 22-3189064

Pension Consulting

$5,000

MORRIS ROTHENBERG & SON, INC. PROFIT SHARING PLAN

Summary metrics

Benchmarksi

Analytics

Service providersi

Plan features & details

Opportunity flagsi

Expense breakdowni

Audit opinioni

MORRIS ROTHENBERG & SON, 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