Retirement plan

MAFCO WORLDWIDE CORP SAVINGS OR CASH OPTIONS PLAN

Name: MAFCO WORLDWIDE CORPORATION - MAFCO WORLDWIDE CORP SAVINGS OR CASH OPTIONS PLAN (2015) Form 5500
Creator: MAFCO WORLDWIDE CORPORATION
License: https://www.dol.gov/general/disclaim
Keywords: Form 5500, ERISA, retirement plan, MAFCO WORLDWIDE CORP SAVINGS OR CASH OPTIONS PLAN, MAFCO WORLDWIDE CORPORATION

MAFCO WORLDWIDE CORPORATIONEIN 20-1431499Plan #008PY 2015

300 JEFFERSON STREET - CAMDEN, NJ 08104856-968-4067mafco.comLinkedIn201-500 employeesfood & beverages

Other plans on this EIN

1 filing

#009Retirement-$27.7M assets

Prospect flagsHigh fees

How to read this page

Total assets (EOY)

$6.8M

No prior year

Total participants

No prior year

Average account balance

$105,786

No prior year

Annual return

0.73%

No prior year

Benchmarks

See 2,073 peers

Peer group

Industry31 - Manufacturing

Plan typeDefined contribution

Participants25-99

Cohort2,073 peers

Snapshot2015

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

Analytics

Total assets (EOY)

Plan-year ending balance

$10.92M

Not enough data

1 years with asset history on file

Average account balance

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

$128K

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.

139.3%

Not enough data

1 years with eligibility data

Contributions (total)

Employer and participant dollars contributed each year

$806K

Not enough data

1 years with contributions on file

Contributions per participant

Average employer and participant contribution per enrolled participant

$13K

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

+6.73%

Not enough data

1 years with return on file

Admin fee / account holder

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

$21939

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 codes2E2H2J2T

Plan features

2E
Profit-sharing
Profit-sharing plan.
2H
Partial participant-directed account plan
Participants have the opportunity to direct the investment of a portion 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.

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

$318K

$5484 / participant

Other / not subdivided$318K100.0%

% of EOY assets

4.698%

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

$105,786

$48,274+119.1%

$63,244+67.3%

$59,633+77.4%

Participation rate

84.5%

66.3%+18.2pp

71.0%+13.4pp

68.7%+15.8pp

Annual return

0.73%

-240.79%+241.5pp

-70.31%+71.0pp

2041.45%-2040.7pp

Employer contribution / active EE

$1,606

$1,586+1.2%

$2,322-30.8%

$2,203-27.1%

Participant deferral / active EE

$6,788

$2,343+189.8%

$2,953+129.8%

$3,192+112.7%

Admin fee / account holder

$4,970

$3,600+38.1%

$5,893-15.7%

$4,297+15.7%

MAFCO WORLDWIDE CORP SAVINGS OR CASH OPTIONS PLAN

Summary metrics

Benchmarksi

Analytics

Service providersi

Plan features & details

Opportunity flagsi

Expense breakdowni

Audit opinioni

MAFCO WORLDWIDE CORP SAVINGS OR CASH OPTIONS 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