Retirement plan

MANHATTAN PARKING SYSTEMS PROFIT SHARING PLAN

Name: MANHATTAN PARKING SYSTEMS GARAGE CORP. - MANHATTAN PARKING SYSTEMS PROFIT SHARING PLAN (2018) Form 5500
Creator: MANHATTAN PARKING SYSTEMS GARAGE CORP.
License: https://www.dol.gov/general/disclaim
Keywords: Form 5500, ERISA, retirement plan, MANHATTAN PARKING SYSTEMS PROFIT SHARING PLAN, MANHATTAN PARKING SYSTEMS GARAGE CORP.

MANHATTAN PARKING SYSTEMS GARAGE CORP.EIN 13-4148194Plan #001PY 2018

545 FIFTH AVENUE - SUITE 600 - NEW YORK, NY 10017212-490-3460LinkedIn1-10 employeesindividual & family services

Prospect flagsLow returns

How to read this page

Total assets (EOY)

$734K

-3.7% from 2017

Total participants

0.0% from 2017

Average account balance

$244,628

-3.7% from 2017

Annual return

-17.58%

-37.62 pp from 2017

Benchmarks

See 33,731 peers

Peer group

Industry81 - Other Services (except Public Administration)

Plan typeDefined contribution

Participants<25

Cohort33,731 peers

Snapshot2018

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

Analytics

Total assets (EOY)

Plan-year ending balance

$2.50M

Not enough data

1 years with asset history on file

Average account balance

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

$501K

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

$156K

Not enough data

1 years with contributions on file

Contributions per participant

Average employer and participant contribution per enrolled participant

$31K

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

+13.03%

Not enough data

1 years with return on file

Admin fee / account holder

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

$3921

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 codes2E2G2J3D

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.
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

1 tripped

OpportunityLow returns
Annual investment return is in the bottom quintile of the peer cohort.

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

$244,628

$90,617+170.0%

$79,476+207.8%

$135,382+80.7%

Participation rate

100.0%

76.1%+23.9pp

73.3%+26.7pp

82.6%+17.4pp

Annual return

-17.58%

977.57%-995.1pp

718.21%-735.8pp

519.77%-537.3pp

Employer contribution / active EE

$10,723

$3,068+249.5%

$2,800+282.9%

$4,779+124.4%

Participant deferral / active EE

$24,500

$4,050+504.9%

$3,704+561.5%

$5,609+336.8%

Admin fee / account holder

$5,907-100.0%

$5,113-100.0%

$10,829-100.0%

MANHATTAN PARKING SYSTEMS PROFIT SHARING PLAN

Summary metrics

Benchmarksi

Analytics

Service providersi

Plan features & details

Opportunity flagsi

Audit opinioni

MANHATTAN PARKING SYSTEMS PROFIT SHARING PLAN

Summary metrics

Benchmarksi

Analytics

Service providersi

Plan features & details

Opportunity flagsi

Audit opinioni

Benchmarks

Service providers

Opportunity flags

Audit opinion

Benchmarks

Service providers

Opportunity flags

Audit opinion