Retirement plan

MNM AIRCRAFT COMPONENT HOLDINGS INC 401K PROFIT SHARING PLAN

Name: MNM AIRCRAFT COMPONENT HOLDINGS INC - MNM AIRCRAFT COMPONENT HOLDINGS INC 401K PROFIT SHARING PLAN (2015) Form 5500
Creator: MNM AIRCRAFT COMPONENT HOLDINGS INC
License: https://www.dol.gov/general/disclaim
Keywords: Form 5500, ERISA, retirement plan, MNM AIRCRAFT COMPONENT HOLDINGS INC 401K PROFIT SHARING PLAN, MNM AIRCRAFT COMPONENT HOLDINGS INC

MNM AIRCRAFT COMPONENT HOLDINGS INCEIN 20-5404590Plan #001PY 2015

2301 NW 33RD COURT, UNIT 107 - POMPANO BEACH, FL 33069954-426-6860

Prospect flagsHigh fees

How to read this page

Total assets (EOY)

$603K

No prior year

Total participants

No prior year

Average account balance

$75,402

No prior year

Annual return

-0.29%

No prior year

Benchmarks

See 18,780 peers

Peer group

Industry42 - Wholesale Trade

Plan typeDefined contribution

Participants<25

Cohort18,780 peers

Snapshot2015

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

Analytics

Total assets (EOY)

Plan-year ending balance

$2.17M

Not enough data

1 years with asset history on file

Average account balance

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

$181K

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.

109.1%

Not enough data

1 years with eligibility data

Contributions (total)

Employer and participant dollars contributed each year

$108K

Not enough data

1 years with contributions on file

Contributions per participant

Average employer and participant contribution per enrolled participant

$10K

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

+14.14%

Not enough data

1 years with return on file

Admin fee / account holder

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

$93

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 codes2E2G2J2T3D

Plan features

2E
Profit-sharing
Profit-sharing plan.
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.
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

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

$183K

$20334 / participant

Other / not subdivided$183K100.0%

% of EOY assets

30.338%

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

$75,402

$113,941-33.8%

$94,229-20.0%

$125,389-39.9%

Participation rate

77.8%

82.9%-5.1pp

78.8%-1.0pp

83.2%-5.4pp

Annual return

-0.29%

5.29%-5.6pp

10.68%-11.0pp

282.24%-282.5pp

Employer contribution / active EE

$2,603

$4,727-44.9%

$3,587-27.4%

$4,866-46.5%

Participant deferral / active EE

$4,170

$5,179-19.5%

$4,320-3.5%

$5,352-22.1%

Admin fee / account holder

$22,875

$8,392+172.6%

$6,269+264.9%

$9,541+139.8%

MNM AIRCRAFT COMPONENT HOLDINGS INC 401K PROFIT SHARING PLAN

Summary metrics

Benchmarksi

Analytics

Service providersi

Plan features & details

Opportunity flagsi

Expense breakdowni

Audit opinioni

MNM AIRCRAFT COMPONENT HOLDINGS INC 401K 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