Retirement plan

NTC MARKETING INC. 401(K) PROFIT SHARING PLAN

Name: NTC MARKETING INC. - NTC MARKETING INC. 401(K) PROFIT SHARING PLAN (2016) Form 5500
Creator: NTC MARKETING INC.
License: https://www.dol.gov/general/disclaim
Keywords: Form 5500, ERISA, retirement plan, NTC MARKETING INC. 401(K) PROFIT SHARING PLAN, NTC MARKETING INC.

NTC MARKETING INC.EIN 16-1365398Plan #004PY 2016

6400 SHERIDAN DRIVE, SUITE 236 - WILLIAMSVILLE, NY 14221716-884-3345ilovelibbys.comLinkedIn201-500 employeesmarketing and advertising

Prospect flagsLow participationLow employer contributionLow participant contributionRecently reached 100 employeesFailed to transmit contributions

How to read this page

Total assets (EOY)

$3.7M

+17.1% from 2015

Total participants

222

+6.2% from 2015

Average account balance

$36,352

+11.4% from 2015

Annual return

8.56%

+9.98 pp from 2015

Benchmarks

See 2,366 peers

Peer group

Industry42 - Wholesale Trade

Plan typeDefined contribution

Participants100-249

Cohort2,366 peers

Snapshot2016

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

Analytics

Total assets (EOY)

Plan-year ending balance

$6.71M

Not enough data

1 years with asset history on file

Average account balance

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

$61K

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.

110

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.

46.5%

Not enough data

1 years with eligibility data

Contributions (total)

Employer and participant dollars contributed each year

$497K

Not enough data

1 years with contributions on file

Contributions per participant

Average employer and participant contribution per enrolled participant

$2K

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

+14.10%

Not enough data

1 years with return on file

Admin fee / account holder

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

$318

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 7 by compensation

Provider	Service type	Compensation
PPS PENSION & FINANCIAL SERVICES2+ years Filed as: PPS PENSION AND FINANCIAL SERVICES Service code 13 · EIN 16-1062503	Contract Administrator	$3,266
MASSACHUSETTS MUTUAL LIFE INS. CO.2+ years Filed as: MASSACHUSETTS MUTUAL LIFE INSURANCE Service code 52 · EIN 04-1590850	Indirect Investment Fees	$1,240
ENVESTNET RETIREMENT SOLUTIONS, LLC1 year Service code 13 · EIN 61-1732930	Contract Administrator	$0
JOSEPH W. MCCARTHY & ASSOCIATES2+ years Filed as: JOSEPH L DILEO Service code 53 300 CORPORATE PARKWAY STE 216N · AMHERST, NY 14226	Insurance Commissions	$0
MASSACHUSETTS MUTUAL LIFE INS. CO.2+ years Filed as: MASSACHSETTS MUTUAL LIFE INSURANCE Service code 72	Other investment fees and expenses	$0
MASSACHUSETTS MUTUAL LIFE INS. CO.2+ years Filed as: MASSCHUSETTS MUTUAL LIFE INSURANCE Service code 72	Other investment fees and expenses	$0
ROBIN S. WEINGAST & ASSOCIATES, INC2+ years Filed as: ROBIN M TOMASULA Service code 53 8660 SHERIDAN DRIVE · WILLIAMSVILLE, NY 14221	Insurance Commissions	$0

Plan features & details

Pension benefit codes2E2F2G2J2K2T3D

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.
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.
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

5 tripped

OpportunityLow participation
Participation rate is below 70% (account-balance holders / active employees) - enrollment or auto-enroll opportunity.
OpportunityLow participant contribution
Participant contribution per participant is in the bottom quintile of the peer cohort.
OpportunityLow employer contribution
Employer contribution per participant is in the bottom quintile of the peer cohort.
ComplianceFailed to transmit contributions
Form 5500 reported a failure to timely transmit participant contributions (Schedule H line 4a).
InformationalRecently reached 100 employees
Sponsor crossed the 100-balance-holder threshold in the most recent filing - large-plan audit requirement now applies.

Expense breakdown

Schedule H Part II

Admin total

$1K

$7 / participant

Investment mgmt$1K100.0%

% of EOY assets

0.037%

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: SKROBACZ & COMPANY CPA'S PC
Auditor EIN: 161439025
Audit fees: (not subdivided)
Opinion code: Disclaimer

Metric

This plan

Peer set

Industry

Size

Avg account balance

$36,352

$63,924-43.1%

$108,582-66.5%

$55,167-34.1%

Participation rate

43.9%

74.3%-30.5pp

79.6%-35.7pp

69.0%-25.1pp

Annual return

8.56%

15.31%-6.8pp

-51.70%+60.3pp

169.23%-160.7pp

Employer contribution / active EE

$163

$1,879-91.3%

$3,758-95.7%

$1,963-91.7%

Participant deferral / active EE

$1,263

$3,067-58.8%

$4,311-70.7%

$3,054-58.6%

Admin fee / account holder

$14

$618-97.8%

$7,645-99.8%

$504-97.3%

Provider

Service type

Compensation

PPS PENSION & FINANCIAL SERVICES2+ years

Filed as: PPS PENSION AND FINANCIAL SERVICES

Service code 13 · EIN 16-1062503

Contract Administrator

$3,266

MASSACHUSETTS MUTUAL LIFE INS. CO.2+ years

Filed as: MASSACHUSETTS MUTUAL LIFE INSURANCE

Service code 52 · EIN 04-1590850

Indirect Investment Fees

$1,240

ENVESTNET RETIREMENT SOLUTIONS, LLC1 year

Service code 13 · EIN 61-1732930

Contract Administrator

JOSEPH W. MCCARTHY & ASSOCIATES2+ years

Filed as: JOSEPH L DILEO

Service code 53

300 CORPORATE PARKWAY STE 216N · AMHERST, NY 14226

Insurance Commissions

MASSACHUSETTS MUTUAL LIFE INS. CO.2+ years

Filed as: MASSACHSETTS MUTUAL LIFE INSURANCE

Service code 72

Other investment fees and expenses

MASSACHUSETTS MUTUAL LIFE INS. CO.2+ years

Filed as: MASSCHUSETTS MUTUAL LIFE INSURANCE

Service code 72

Other investment fees and expenses

ROBIN S. WEINGAST & ASSOCIATES, INC2+ years

Filed as: ROBIN M TOMASULA

Service code 53

8660 SHERIDAN DRIVE · WILLIAMSVILLE, NY 14221

Insurance Commissions

NTC MARKETING INC. 401(K) PROFIT SHARING PLAN

Summary metrics

Benchmarksi

Analytics

Service providersi

Plan features & details

Opportunity flagsi

Expense breakdowni

Audit opinioni

NTC MARKETING INC. 401(K) 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