Retirement plan

MARK K. MORRISON LANDSCAPE ARCHITECTURE P C PROFIT SHARING PLAN

Name: MARK K. MORRISON LANDSCAPE ARCHITECTURE P C - MARK K. MORRISON LANDSCAPE ARCHITECTURE P C PROFIT SHARING PLAN (2019) Form 5500
Creator: MARK K. MORRISON LANDSCAPE ARCHITECTURE P C
License: https://www.dol.gov/general/disclaim
Keywords: Form 5500, ERISA, retirement plan, MARK K. MORRISON LANDSCAPE ARCHITECTURE P C PROFIT SHARING PLAN, MARK K. MORRISON LANDSCAPE ARCHITECTURE P C

MARK K. MORRISON LANDSCAPE ARCHITECTURE P CEIN 13-3215380Plan #001PY 2019

P.O. BOX 419 - WASSAIC, NY 12592917-560-4302markkmorrison.comLinkedIn1-10 employeesarchitecture & planning

Prospect flagsHigh feesLow participationLow fidelity bond

How to read this page

Total assets (EOY)

$456K

-27.5% from 2018

Total participants

+22.2% from 2018

Average account balance

$28,525

-27.5% from 2018

Annual return

11.95%

+13.28 pp from 2018

Benchmarks

See 35,133 peers

Peer group

Industry81 - Other Services (except Public Administration)

Plan typeDefined contribution

Participants<25

Cohort35,133 peers

Snapshot2019

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

Analytics

Total assets (EOY)

Plan-year ending balance

$827K

Not enough data

1 years with asset history on file

Average account balance

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

$41K

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.

100.0%

Not enough data

1 years with eligibility data

Contributions (total)

Employer and participant dollars contributed each year

$52K

Not enough data

1 years with contributions on file

Contributions per participant

Average employer and participant contribution per enrolled participant

$3K

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

+14.86%

Not enough data

1 years with return on file

Admin fee / account holder

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

$218

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 codes2E2G2J2T

Plan features

2E
Profit-sharing
Profit-sharing plan.
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.

Opportunity flags

3 tripped

OpportunityLow participation
Participation rate is below 70% (account-balance holders / active employees) - enrollment or auto-enroll opportunity.
OpportunityHigh fees
Administrative expenses exceed $300 per participant per year - possible fee-review opportunity. (Recordkeeping / audit / legal; excludes investment management.)
ComplianceLow fidelity bond
Fidelity bond coverage is below the ERISA section 412 10%-of-assets minimum (capped at $500,000).

Expense breakdown

Schedule H Part II

Admin total

$305K

$38125 / participant

Other / not subdivided$305K100.0%

% of EOY assets

66.827%

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

$28,525

$103,000-72.3%

$90,300-68.4%

$152,885-81.3%

Participation rate

25.0%

75.9%-50.9pp

73.3%-48.3pp

82.5%-57.5pp

Annual return

11.95%

95.19%-83.2pp

78.11%-66.2pp

345.39%-333.4pp

Employer contribution / active EE

$1,694

$3,138-46.0%

$2,854-40.7%

$4,763-64.4%

Participant deferral / active EE

$5,450

$4,281+27.3%

$3,884+40.3%

$5,851-6.9%

Admin fee / account holder

$19,063

$6,173+208.8%

$5,353+256.1%

$11,598+64.4%

MARK K. MORRISON LANDSCAPE ARCHITECTURE P C PROFIT SHARING PLAN

Summary metrics

Benchmarksi

Analytics

Service providersi

Plan features & details

Opportunity flagsi

Expense breakdowni

Audit opinioni

MARK K. MORRISON LANDSCAPE ARCHITECTURE P C 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