Retirement plan

MASONIC MEDICAL RESEARCH LABORATORY RETIREMENT PLAN

Name: MASONIC MEDICAL RESEARCH LABORATORY - MASONIC MEDICAL RESEARCH LABORATORY RETIREMENT PLAN (2018) Form 5500
Creator: MASONIC MEDICAL RESEARCH LABORATORY
License: https://www.dol.gov/general/disclaim
Keywords: Form 5500, ERISA, retirement plan, MASONIC MEDICAL RESEARCH LABORATORY RETIREMENT PLAN, MASONIC MEDICAL RESEARCH LABORATORY

MASONIC MEDICAL RESEARCH LABORATORYdba MASONIC MEDICAL RESEARCH INSTITUTEEIN 13-5648611Plan #001PY 2018

2150 BLEECKER ST - UTICA, NY 13501315-735-2217

Prospect flagsHigh fees

How to read this page

Total assets (EOY)

$8.6M

-1.8% from 2017

Total participants

+19.8% from 2017

Average account balance

$91,060

-15.4% from 2017

Annual return

-3.66%

-16.59 pp from 2017

Benchmarks

See 8,161 peers

Peer group

Industry81 - Other Services (except Public Administration)

Plan typeDefined contribution

Participants25-99

Cohort8,161 peers

Snapshot2018

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

Analytics

Total assets (EOY)

Plan-year ending balance

$11.15M

Not enough data

1 years with asset history on file

Average account balance

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

$117K

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.

190.0%

Not enough data

1 years with eligibility data

Contributions (total)

Employer and participant dollars contributed each year

$604K

Not enough data

1 years with contributions on file

Contributions per participant

Average employer and participant contribution per enrolled participant

$12K

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

+14.03%

Not enough data

1 years with return on file

Admin fee / account holder

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

$5000

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 codes2C2F2G2L2M2S2T

Plan features

2C
Money purchase plan
Money purchase pension plan other than a target benefit 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.
2L
Code section 403(b)(1) arrangement
Plan uses a Code section 403(b)(1) annuity contract as a funding vehicle.
2M
Code section 403(b)(7) accounts
Plan uses Code section 403(b)(7) custodial accounts as a funding vehicle.
2S
Automatic enrollment
Plan provides for automatic enrollment in plan that has elective contributions deducted from payroll.
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

1 tripped

OpportunityHigh fees
Administrative expenses exceed $300 per participant per year - possible fee-review opportunity. (Recordkeeping / audit / legal; excludes investment management.)

Expense breakdown

Schedule H Part II

Admin total

$143K

$4209 / participant

Other / not subdivided$143K100.0%

% of EOY assets

1.672%

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

$91,060

$49,177+85.2%

$79,476+14.6%

$64,181+41.9%

Participation rate

91.2%

65.0%+26.1pp

73.3%+17.8pp

69.6%+21.6pp

Annual return

-3.66%

-1.16%-2.5pp

718.21%-721.9pp

7.63%-11.3pp

Employer contribution / active EE

$4,728

$2,076+127.7%

$2,800+68.8%

$2,381+98.6%

Participant deferral / active EE

$4,016

$2,821+42.3%

$3,704+8.4%

$3,470+15.8%

Admin fee / account holder

$1,522

$3,839-60.3%

$5,113-70.2%

$4,887-68.9%

MASONIC MEDICAL RESEARCH LABORATORY RETIREMENT PLAN

Summary metrics

Benchmarksi

Analytics

Service providersi

Plan features & details

Opportunity flagsi

Expense breakdowni

Audit opinioni

MASONIC MEDICAL RESEARCH LABORATORY RETIREMENT 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