Retirement plan

MY-T ACRES, INC. EMPLOYEE PROFIT SHARING PENSION PLAN

Name: MY-T ACRES, INC. - MY-T ACRES, INC. EMPLOYEE PROFIT SHARING PENSION PLAN (2016) Form 5500
Creator: MY-T ACRES, INC.
License: https://www.dol.gov/general/disclaim
Keywords: Form 5500, ERISA, retirement plan, MY-T ACRES, INC. EMPLOYEE PROFIT SHARING PENSION PLAN, MY-T ACRES, INC.

MY-T ACRES, INC.EIN 16-0832721Plan #001PY 2016

8127 LEWISTON RD - BATAVIA, NY 140201268585-343-1026LinkedIn11-50 employees

Prospect flagsHigh feesHigh assets / participant

How to read this page

Total assets (EOY)

$13.2M

No prior year

Total participants

No prior year

Average account balance

$269,378

No prior year

Annual return

18.99%

No prior year

Benchmarks

See 1,668 peers

Peer group

Industry11 - Agriculture, Forestry, Fishing and Hunting

Plan typeDefined contribution

Participants25-99

Cohort1,668 peers

Snapshot2016

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

Analytics

Total assets (EOY)

Plan-year ending balance

$14.23M

Not enough data

1 years with asset history on file

Average account balance

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

$385K

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.

132.1%

Not enough data

1 years with eligibility data

Contributions (total)

Employer and participant dollars contributed each year

$341K

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

+8.32%

Not enough data

1 years with return on file

Admin fee / account holder

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

$14968

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 codes2E

Plan features

2E
Profit-sharing
Profit-sharing plan.

Opportunity flags

2 tripped

OpportunityHigh fees
Administrative expenses exceed $300 per participant per year - possible fee-review opportunity. (Recordkeeping / audit / legal; excludes investment management.)
InformationalHigh assets / participant
Assets per participant exceed $250,000 - top-decile high-value plan.

Expense breakdown

Schedule H Part II

Admin total

$351K

$12110 / participant

Other / not subdivided$351K100.0%

% of EOY assets

2.661%

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

$269,378

$51,708+421.0%

$106,619+152.7%

$62,881+328.4%

Participation rate

100.0%

66.9%+33.1pp

78.0%+22.0pp

69.3%+30.7pp

Annual return

18.99%

4.69%+14.3pp

9.42%+9.6pp

20.14%-1.2pp

Employer contribution / active EE

$7,142

$1,764+304.9%

$3,947+80.9%

$2,281+213.1%

Participant deferral / active EE

$2,315-100.0%

$3,930-100.0%

$3,203-100.0%

Admin fee / account holder

$7,167

$3,349+114.0%

$6,418+11.7%

$4,296+66.8%

MY-T ACRES, INC. EMPLOYEE PROFIT SHARING PENSION PLAN

Summary metrics

Benchmarksi

Analytics

Service providersi

Plan features & details

Opportunity flagsi

Expense breakdowni

Audit opinioni

MY-T ACRES, INC. EMPLOYEE PROFIT SHARING PENSION 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