Retirement plan

MERIT CAPITAL PARTNERS 401(K) PROFIT SHARING PLAN

Name: MERIT CAPITAL PARTNERS IV, LLC - MERIT CAPITAL PARTNERS 401(K) PROFIT SHARING PLAN (2018) Form 5500
Creator: MERIT CAPITAL PARTNERS IV, LLC
License: https://www.dol.gov/general/disclaim
Keywords: Form 5500, ERISA, retirement plan, MERIT CAPITAL PARTNERS 401(K) PROFIT SHARING PLAN, MERIT CAPITAL PARTNERS IV, LLC

MERIT CAPITAL PARTNERS IV, LLCEIN 20-0498651Plan #001PY 2018

303 WEST MADISON STREET, SUITE 2100 - CHICAGO, IL 60606312-592-6111meritcapital.comLinkedIn11-50 employeesventure capital & private equity

Prospect flagsHigh assets / participant

How to read this page

Total assets (EOY)

$11.8M

-3.0% from 2017

Total participants

+5.0% from 2017

Average account balance

$590,856

-3.0% from 2017

Annual return

-7.20%

-27.03 pp from 2017

Benchmarks

See 31,466 peers

Peer group

Industry52 - Finance and Insurance

Plan typeDefined contribution

Participants<25

Cohort31,466 peers

Snapshot2018

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

Analytics

Total assets (EOY)

Plan-year ending balance

$28.67M

Not enough data

1 years with asset history on file

Average account balance

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

$1.2M

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

$801K

Not enough data

1 years with contributions on file

Contributions per participant

Average employer and participant contribution per enrolled participant

$38K

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

+19.09%

Not enough data

1 years with return on file

Admin fee / account holder

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

$30385

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 codes2F2E2G2J2T3B3D

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.
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.
3B
Plan covering self-employed individuals
Plan covering self-employed individuals.
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

InformationalHigh assets / participant
Assets per participant exceed $250,000 - top-decile high-value plan.

Expense breakdown

Schedule H Part II

Admin total

$837

$52 / participant

Other / not subdivided$837100.0%

% of EOY assets

0.007%

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

$590,856

$160,059+269.1%

$140,019+322.0%

$135,382+336.4%

Participation rate

93.8%

88.5%+5.2pp

87.5%+6.3pp

82.6%+11.1pp

Annual return

-7.20%

911.44%-918.6pp

651.15%-658.4pp

519.77%-527.0pp

Employer contribution / active EE

$15,826

$6,420+146.5%

$5,605+182.3%

$4,779+231.2%

Participant deferral / active EE

$16,123

$7,641+111.0%

$6,927+132.8%

$5,609+187.4%

Admin fee / account holder

$42

$13,328-99.7%

$10,705-99.6%

$10,829-99.6%

MERIT CAPITAL PARTNERS 401(K) PROFIT SHARING PLAN

Summary metrics

Benchmarksi

Analytics

Service providersi

Plan features & details

Opportunity flagsi

Expense breakdowni

Audit opinioni

MERIT CAPITAL PARTNERS 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