Retirement plan

MESSER INC. EMPLOYEE STOCK OWNERSHIP PLAN

Name: MESSER INC. - MESSER INC. EMPLOYEE STOCK OWNERSHIP PLAN (2021) Form 5500
Creator: MESSER INC.
License: https://www.dol.gov/general/disclaim
Keywords: Form 5500, ERISA, retirement plan, MESSER INC. EMPLOYEE STOCK OWNERSHIP PLAN, MESSER INC.

MESSER INC.EIN 20-1963972Plan #001PY 2021

643 W COURT STREET - CINCINNATI, OH 452031511513-242-1541

Prospect flagsHigh feesHigh assets / participant

How to read this page

Total assets (EOY)

$513.8M

-15.6% from 2017

Total participants

921

-5.5% from 2017

Average account balance

$576,705

-10.4% from 2017

Annual return

27.15%

+0.99 pp from 2017

Benchmarks

See 1,300 peers

Peer group

Industry23 - Construction

Plan typeDefined contribution

Participants250-999

Cohort1,300 peers

Snapshot2021

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

Analytics

Total assets (EOY)

Plan-year ending balance

$622.50M

Not enough data

1 years with asset history on file

Average account balance

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

$621K

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.

1,002

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.

99.1%

Not enough data

1 years with eligibility data

Contributions (total)

Employer and participant dollars contributed each year

$2.08M

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

+20.25%

Not enough data

1 years with return on file

Admin fee / account holder

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

$320

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

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Service providers

Top 9 by compensation

Provider	Service type	Compensation
EAGLE CAPITAL MANAGEMENT, LLC3 years Filed as: EAGLE CAPITAL MANAGEMENT LLC Service code 27 · EIN 22-3361201	Advisory (Plan)	$134,530
JPMCB STRATEGIC PROPERTY FUND5 years Filed as: JPMCB Service code 27 · EIN 13-4994650	Advisory (Plan)	$84,652
ALIX PARTNERS6+ years Service code 34 · EIN 38-3637158	Direct payment from the plan; Valuati...	$61,939
PRINCIPAL LIFE INSURANCE COMPANY3 years Filed as: PRINCIPAL FINANCIAL GROUP Service code 13 · EIN 42-0127290	Contract Administrator	$46,405
ANDCO CONSULTING5 years Service code 27 · EIN 59-3676225	Advisory (Plan)	$30,000
PNC BANK, N.A.2 years Filed as: PNC Service code 19 · EIN 25-1211909	Securities Custodian	$26,356
SAWGRASS ASSET MANAGEMENT3 years Filed as: SAWGRASS ASSET MANAGEMENT LLC Service code 27 · EIN 59-3488505	Advisory (Plan)	$22,034
PLANTE & MORAN, PLLC1 year Filed as: PLANTE MORAN Service code 10 · EIN 38-1357951	Accounting	$19,500
CROWE LLP6+ years Filed as: CROWE Service code 15 · EIN 35-0921680	Recordkeeping	$11,192

Plan features & details

Pension benefit codes2I2P2Q3I

Plan features

2I
Stock bonus
Stock bonus plan.
2P
Leveraged ESOP
Employee stock ownership plan that acquires employer securities with borrowed money or other debt-financing techniques.
2Q
ESOP maintained by an S corporation
The employer maintaining this ESOP is an S corporation.
3I
Employer securities investment required
Plan requiring that all or part of employer contributions be invested and held at least for a limited period in employer securities.

Opportunity flags

2 tripped

OpportunityHigh fees
Administrative expenses exceed $300 per participant per year - possible fee-review opportunity. (Recordkeeping / audit / legal; excludes investment management.)
InformationalHigh assets / participant
Assets per participant exceed $250,000 - top-decile high-value plan.

Expense breakdown

Schedule H Part II

Admin total

$435K

$540 / participant

Investment mgmt$268K61.8%
Contract admin$58K13.3%
Other / not subdivided$109K25.0%

% of EOY assets

0.085%

all-in expense ratio

Categories reported

2 / 9

subdivided buckets used

Audit opinion

Schedule H Part III

Unqualified opinion

Auditor signed off without reservation - the cleanest possible opinion.

Auditor firm: PLANTE & MORAN
Auditor EIN: 381357951
Audit fees: (not subdivided)
Opinion code: Unqualified

Metric

This plan

Peer set

Industry

Size

Avg account balance

$576,705

$78,275+636.8%

$109,191+428.2%

$86,828+564.2%

Participation rate

96.3%

73.8%+22.4pp

75.9%+20.4pp

72.3%+24.0pp

Annual return

27.15%

19.14%+8.0pp

25.76%+1.4pp

97.95%-70.8pp

Employer contribution / active EE

$2,644

$3,105-14.8%

$3,723-29.0%

$2,406+9.9%

Participant deferral / active EE

$3,641-100.0%

$4,653-100.0%

$4,132-100.0%

Admin fee / account holder

$488

$198+145.7%

$6,756-92.8%

$170+187.6%

Provider

Service type

Compensation

EAGLE CAPITAL MANAGEMENT, LLC3 years

Filed as: EAGLE CAPITAL MANAGEMENT LLC

Service code 27 · EIN 22-3361201

Advisory (Plan)

$134,530

JPMCB STRATEGIC PROPERTY FUND5 years

Filed as: JPMCB

Service code 27 · EIN 13-4994650

Advisory (Plan)

$84,652

ALIX PARTNERS6+ years

Service code 34 · EIN 38-3637158

Direct payment from the plan; Valuati...

$61,939

PRINCIPAL LIFE INSURANCE COMPANY3 years

Filed as: PRINCIPAL FINANCIAL GROUP

Service code 13 · EIN 42-0127290

Contract Administrator

$46,405

ANDCO CONSULTING5 years

Service code 27 · EIN 59-3676225

Advisory (Plan)

$30,000

PNC BANK, N.A.2 years

Filed as: PNC

Service code 19 · EIN 25-1211909

Securities Custodian

$26,356

SAWGRASS ASSET MANAGEMENT3 years

Filed as: SAWGRASS ASSET MANAGEMENT LLC

Service code 27 · EIN 59-3488505

Advisory (Plan)

$22,034

PLANTE & MORAN, PLLC1 year

Filed as: PLANTE MORAN

Service code 10 · EIN 38-1357951

Accounting

$19,500

CROWE LLP6+ years

Filed as: CROWE

Service code 15 · EIN 35-0921680

Recordkeeping

$11,192

MESSER INC. EMPLOYEE STOCK OWNERSHIP PLAN

Summary metrics

Benchmarksi

Analytics

Service providersi

Plan features & details

Opportunity flagsi

Expense breakdowni

Audit opinioni

MESSER INC. EMPLOYEE STOCK OWNERSHIP 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