Retirement plan

MODERN DISPOSAL SERVICES, INC. 401(K) PLAN

Name: MODERN DISPOSAL SERVICES, INC. - MODERN DISPOSAL SERVICES, INC. 401(K) PLAN (2017) Form 5500
Creator: MODERN DISPOSAL SERVICES, INC.
License: https://www.dol.gov/general/disclaim
Keywords: Form 5500, ERISA, retirement plan, MODERN DISPOSAL SERVICES, INC. 401(K) PLAN, MODERN DISPOSAL SERVICES, INC.

MODERN DISPOSAL SERVICES, INC.EIN 16-0875858Plan #001PY 2017

4746 MODEL CITY ROAD - MODEL CITY, NY 14107716-692-1272moderncorporation.comLinkedIn501-1000 employeesenvironmental services

Prospect flagsLow participation

How to read this page

Total assets (EOY)

$19.7M

+4.7% from 2016

Total participants

434

-7.3% from 2016

Average account balance

$61,719

+12.0% from 2016

Annual return

15.04%

+9.03 pp from 2016

Benchmarks

See 664 peers

Peer group

Industry56 - Administrative and Support and Waste Management and Remediation Services

Plan typeDefined contribution

Participants250-999

Cohort664 peers

Snapshot2017

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

Analytics

Total assets (EOY)

Plan-year ending balance

$28.20M

Not enough data

1 years with asset history on file

Average account balance

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

$46K

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.

610

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.

85.5%

Not enough data

1 years with eligibility data

Contributions (total)

Employer and participant dollars contributed each year

$3.22M

Not enough data

1 years with contributions on file

Contributions per participant

Average employer and participant contribution per enrolled participant

$6K

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

+10.82%

Not enough data

1 years with return on file

Admin fee / account holder

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

$129

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 4 by compensation

Provider	Service type	Compensation
LYTLE INVESTMENTS3+ years Service code 27 · EIN 16-1245939 101 LANG BOULEVARD · GRAND ISLAND, NY 14072	Advisory (Plan)	$63,114
REED-RAMSEY, INC.3+ years Service code 15 · EIN 36-6079566 1315 W. 22ND STREET · OAK BROOK, IL 60523	Recordkeeping	$15,426
NOWICKI AND COMPANY, LLP3+ years Service code 10 · EIN 16-1491885 490 CENTER ROAD · WEST SENECA, NY 14224	Accounting	$7,275
TD AMERITRADE, INC.3+ years Filed as: TD AMERITRADE TRUST COMPANY Service code 19 · EIN 20-0937408 PO BOX 17748 · DENVER, CO 80217	Securities Custodian	$0

Plan features & details

Pension benefit codes2E2F2G2J2K3D

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.
2K
Code section 401(m) arrangement
Employee contributions are allocated to separate accounts under the plan or employer contributions are based in whole or in part on employee deferrals or contributions to the plan. Not applicable to 401(k) plans with only QNECs and/or QMACs or to 403(b)(1) 403(b)(7) or 408 arrangements.
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 participation
Participation rate is below 70% (account-balance holders / active employees) - enrollment or auto-enroll opportunity.

Expense breakdown

Schedule H Part II

Admin total

$87K

$239 / participant

Investment mgmt$63K72.8%
Other / not subdivided$24K27.2%

% of EOY assets

0.440%

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: NOWICKI AND COMPANY, LLP
Auditor EIN: 161491885
Audit fees: (not subdivided)
Opinion code: Disclaimer

Metric

This plan

Peer set

Industry

Size

Avg account balance

$61,719

$31,424+96.4%

$81,473-24.2%

$69,631-11.4%

Participation rate

68.3%

50.8%+17.5pp

68.0%+0.4pp

70.7%-2.4pp

Annual return

15.04%

22.44%-7.4pp

38.78%-23.7pp

27571.02%-27556.0pp

Employer contribution / active EE

$925

$1,029-10.1%

$2,568-64.0%

$2,032-54.5%

Participant deferral / active EE

$2,638

$1,838+43.5%

$3,537-25.4%

$3,224-18.2%

Admin fee / account holder

$272

$103+165.0%

$4,561-94.0%

$110+146.1%

Provider

Service type

Compensation

LYTLE INVESTMENTS3+ years

Service code 27 · EIN 16-1245939

101 LANG BOULEVARD · GRAND ISLAND, NY 14072

Advisory (Plan)

$63,114

REED-RAMSEY, INC.3+ years

Service code 15 · EIN 36-6079566

1315 W. 22ND STREET · OAK BROOK, IL 60523

Recordkeeping

$15,426

NOWICKI AND COMPANY, LLP3+ years

Service code 10 · EIN 16-1491885

490 CENTER ROAD · WEST SENECA, NY 14224

Accounting

$7,275

TD AMERITRADE, INC.3+ years

Filed as: TD AMERITRADE TRUST COMPANY

Service code 19 · EIN 20-0937408

PO BOX 17748 · DENVER, CO 80217

Securities Custodian

MODERN DISPOSAL SERVICES, INC. 401(K) PLAN

Summary metrics

Benchmarksi

Analytics

Service providersi

Plan features & details

Opportunity flagsi

Expense breakdowni

Audit opinioni

MODERN DISPOSAL SERVICES, 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