Retirement plan

MAMIYE BROS., INC. 401(K) PLAN

Name: MAMIYE BROTHERS, INC. - MAMIYE BROS., INC. 401(K) PLAN (2015) Form 5500
Creator: MAMIYE BROTHERS, INC.
License: https://www.dol.gov/general/disclaim
Keywords: Form 5500, ERISA, retirement plan, MAMIYE BROS., INC. 401(K) PLAN, MAMIYE BROTHERS, INC.

MAMIYE BROTHERS, INC.EIN 13-2508167Plan #003PY 2015

1385 BROADWAY 18TH FLOOR - NEW YORK, NY 10018212-216-6104

Prospect flagsLow participationLow employer contribution

How to read this page

Total assets (EOY)

$25.3M

No prior year

Total participants

190

No prior year

Average account balance

$179,090

No prior year

Annual return

-0.71%

No prior year

Benchmarks

See 2,111 peers

Peer group

Industry42 - Wholesale Trade

Plan typeDefined contribution

Participants100-249

Cohort2,111 peers

Snapshot2015

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

Analytics

Total assets (EOY)

Plan-year ending balance

$36.80M

Not enough data

1 years with asset history on file

Average account balance

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

$176K

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.

209

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.

92.9%

Not enough data

1 years with eligibility data

Contributions (total)

Employer and participant dollars contributed each year

$1.98M

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

+11.97%

Not enough data

1 years with return on file

Admin fee / account holder

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

$238

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
MAYER HOFFMAN MCCANN P.C.1+ years Filed as: MAYER HOFFMAN MCMANN CPAS Service code 10 · EIN 43-1947695	Accounting	$15,556
JPMORGAN INVEST HOLDINGS LLC1+ years Service code 64 · EIN 13-2624428	Recordkeeping Fees	$610

Plan features & details

Pension benefit codes2E2F2G2J2T3D3H

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.
3H
Controlled group member
Plan sponsor(s) is (are) a member(s) of a controlled group (Code sections 414(b) (c) or (m)).

Opportunity flags

2 tripped

OpportunityLow participation
Participation rate is below 70% (account-balance holders / active employees) - enrollment or auto-enroll opportunity.
OpportunityLow employer contribution
Employer contribution per participant is in the bottom quintile of the peer cohort.

Expense breakdown

Schedule H Part II

Admin total

$16K

$102 / participant

Contract admin$16K100.0%

% of EOY assets

0.064%

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: MAYER HOFFMAN MCCANN CPAS
Auditor EIN: 431947695
Audit fees: (not subdivided)
Opinion code: Disclaimer

Metric

This plan

Peer set

Industry

Size

Avg account balance

$179,090

$57,108+213.6%

$94,229+90.1%

$52,331+242.2%

Participation rate

69.0%

72.9%-3.9pp

78.8%-9.8pp

68.1%+0.9pp

Annual return

-0.71%

1.47%-2.2pp

10.68%-11.4pp

4.54%-5.3pp

Employer contribution / active EE

$1,735-100.0%

$3,587-100.0%

$1,882-100.0%

Participant deferral / active EE

$5,096

$3,040+67.7%

$4,320+18.0%

$3,022+68.6%

Admin fee / account holder

$115

$546-79.0%

$6,269-98.2%

$592-80.6%

Provider

Service type

Compensation

MAYER HOFFMAN MCCANN P.C.1+ years

Filed as: MAYER HOFFMAN MCMANN CPAS

Service code 10 · EIN 43-1947695

Accounting

$15,556

JPMORGAN INVEST HOLDINGS LLC1+ years

Service code 64 · EIN 13-2624428

Recordkeeping Fees

$610

MAMIYE BROS., INC. 401(K) PLAN

Summary metrics

Benchmarksi

Analytics

Service providersi

Plan features & details

Opportunity flagsi

Expense breakdowni

Audit opinioni

MAMIYE BROS., INC. 401(K) 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