Retirement plan

MID-STATE SOLAR 401(K) PROFIT SHARING PLAN

Name: MID-STATE SOLAR - MID-STATE SOLAR 401(K) PROFIT SHARING PLAN (2020) Form 5500
Creator: MID-STATE SOLAR
License: https://www.dol.gov/general/disclaim
Keywords: Form 5500, ERISA, retirement plan, MID-STATE SOLAR 401(K) PROFIT SHARING PLAN, MID-STATE SOLAR

MID-STATE SOLAREIN 20-2121584Plan #001PY 2020

450 GLASS LANE, SUITE A-1 - MODESTO, CA 95356209-551-7880midstatesolar.comLinkedIn1-10 employeesrenewables & environment

Prospect flagsLow fidelity bond

How to read this page

Total assets (EOY)

$1.5M

+19.1% from 2019

Total participants

+20.0% from 2019

Average account balance

$122,323

-0.8% from 2019

Annual return

9.61%

-9.25 pp from 2019

Benchmarks

See 18,875 peers

Peer group

Industry44 - Retail Trade

Plan typeDefined contribution

Participants<25

Cohort18,875 peers

Snapshot2020

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

Analytics

Total assets (EOY)

Plan-year ending balance

$2.69M

Not enough data

1 years with asset history on file

Average account balance

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

$192K

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.

200.0%

Not enough data

1 years with eligibility data

Contributions (total)

Employer and participant dollars contributed each year

$171K

Not enough data

1 years with contributions on file

Contributions per participant

Average employer and participant contribution per enrolled participant

$24K

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

+11.89%

Not enough data

1 years with return on file

Admin fee / account holder

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

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 codes2E2J3D

Plan features

2E
Profit-sharing
Profit-sharing plan.
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.
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

ComplianceLow fidelity bond
Fidelity bond coverage is below the ERISA section 412 10%-of-assets minimum (capped at $500,000).

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

$122,323

$112,915+8.3%

$90,965+34.5%

$158,950-23.0%

Participation rate

100.0%

74.7%+25.3pp

69.0%+31.0pp

82.0%+18.0pp

Annual return

9.61%

215.75%-206.1pp

134.57%-125.0pp

302.91%-293.3pp

Employer contribution / active EE

$4,270

$2,894+47.5%

$2,122+101.2%

$4,762-10.3%

Participant deferral / active EE

$15,167

$4,128+267.4%

$3,373+349.6%

$5,983+153.5%

Admin fee / account holder

$8,044-100.0%

$5,960-100.0%

$11,248-100.0%

MID-STATE SOLAR 401(K) PROFIT SHARING PLAN

Summary metrics

Benchmarksi

Analytics

Service providersi

Plan features & details

Opportunity flagsi

Audit opinioni

MID-STATE SOLAR 401(K) PROFIT SHARING PLAN

Summary metrics

Benchmarksi

Analytics

Service providersi

Plan features & details

Opportunity flagsi

Audit opinioni

Benchmarks

Service providers

Opportunity flags

Audit opinion

Benchmarks

Service providers

Opportunity flags

Audit opinion