Retirement plan

MORETON ASSET MANAGEMENT, LLC 401(K) PLAN PLAN

Name: MORETON ASSET MANAGEMENT, LLC - MORETON ASSET MANAGEMENT, LLC 401(K) PLAN PLAN (2022) Form 5500
Creator: MORETON ASSET MANAGEMENT, LLC
License: https://www.dol.gov/general/disclaim
Keywords: Form 5500, ERISA, retirement plan, MORETON ASSET MANAGEMENT, LLC 401(K) PLAN PLAN, MORETON ASSET MANAGEMENT, LLC

MORETON ASSET MANAGEMENT, LLCEIN 20-1713107Plan #001PY 2022

40 NORTH 100 EAST, PO BOX 280 - FARMINGTON, UT 84025801-869-4200moretonadvisors.comLinkedIn1-10 employeesinvestment management

Prospect flagsLow returns

How to read this page

Total assets (EOY)

$474K

-7.8% from 2021

Total participants

+16.7% from 2021

Average account balance

$67,650

-21.0% from 2021

Annual return

-40.62%

-65.42 pp from 2021

Benchmarks

See 35,209 peers

Peer group

Industry52 - Finance and Insurance

Plan typeDefined contribution

Participants<25

Cohort35,209 peers

Snapshot2022

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

Analytics

Total assets (EOY)

Plan-year ending balance

$1.48M

Not enough data

1 years with asset history on file

Average account balance

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

$247K

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

$155K

Not enough data

1 years with contributions on file

Contributions per participant

Average employer and participant contribution per enrolled participant

$26K

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

+18.15%

Not enough data

1 years with return on file

Admin fee / account holder

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

$3547

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 codes2E2F2J2T

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).
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

OpportunityLow returns
Annual investment return is in the bottom quintile of the peer cohort.

Expense breakdown

Schedule H Part II

Admin total

$547

$109 / participant

Other / not subdivided$547100.0%

% of EOY assets

0.116%

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

$67,650

$167,522-59.6%

$151,639-55.4%

$134,532-49.7%

Participation rate

100.0%

88.4%+11.6pp

87.5%+12.5pp

81.2%+18.8pp

Annual return

-40.62%

7.81%-48.4pp

3.34%-44.0pp

418.27%-458.9pp

Employer contribution / active EE

$17,396

$6,828+154.8%

$6,165+182.2%

$4,741+266.9%

Participant deferral / active EE

$16,322

$8,986+81.6%

$8,363+95.2%

$6,401+155.0%

Admin fee / account holder

$78

$13,780-99.4%

$11,613-99.3%

$11,429-99.3%

MORETON ASSET MANAGEMENT, LLC 401(K) PLAN PLAN

Summary metrics

Benchmarksi

Analytics

Service providersi

Plan features & details

Opportunity flagsi

Expense breakdowni

Audit opinioni

MORETON ASSET MANAGEMENT, LLC 401(K) PLAN 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