Retirement plan

MILLENNIUM PENSION SERVICES INC. 401(K) PROFIT SHARING PLAN & TRUST

Name: MILLENNIUM PENSION SERVICES INC. - MILLENNIUM PENSION SERVICES INC. 401(K) PROFIT SHARING PLAN & TRUST (2018) Form 5500
Creator: MILLENNIUM PENSION SERVICES INC.
License: https://www.dol.gov/general/disclaim
Keywords: Form 5500, ERISA, retirement plan, MILLENNIUM PENSION SERVICES INC. 401(K) PROFIT SHARING PLAN & TRUST, MILLENNIUM PENSION SERVICES INC.

MILLENNIUM PENSION SERVICES INC.EIN 20-8792156Plan #002PY 2018

52 W. SIERRA MADRE BLVD - SIERRA MADRE, CA 91024626-355-3039

Other plans on this EIN

2 filings

#003Retirement-$224K assets #001Retirement-$162K assets

Prospect flagsLow assets / participant

How to read this page

Total assets (EOY)

$39K

No prior year

Total participants

No prior year

Average account balance

$19,504

No prior year

Annual return

0.00%

No prior year

Benchmarks

See 31,466 peers

Peer group

Industry52 - Finance and Insurance

Plan typeDefined contribution

Participants<25

Cohort31,466 peers

Snapshot2018

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

Analytics

Total assets (EOY)

Plan-year ending balance

Not enough data

1 years with asset history on file

Average account balance

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

Not enough data

0 years with per-participant data

Participants with account balance

Stacked by status: active / separated vested / retired or beneficiary. Total = line 6g.

Not enough data

0 years with headcount on file

Eligible Participants and Participation

Bars: eligible actives (line 6a). Line: derived rate = active employees with a balance / 6a.

Not enough data

0 years with eligibility data

Contributions (total)

Employer and participant dollars contributed each year

$23K

Not enough data

1 years with contributions on file

Contributions per participant

Average employer and participant contribution per enrolled participant

Not enough data

0 years with per-participant contribution data

Asset flow

BOY + contributions + return - distributions = EOY

Year

Annual return

Diverging bars; negative years highlighted

-114.70%

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 codes2E2F2G2J3D

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).
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.
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

OpportunityLow assets / participant
Assets per participant are in the bottom quintile of the peer cohort - savings-rate / match opportunity.

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

$19,504

$160,059-87.8%

$140,019-86.1%

$135,379-85.6%

Participation rate

100.0%

88.5%+11.5pp

87.5%+12.5pp

82.6%+17.4pp

Annual return

0.00%

911.44%-911.4pp

651.15%-651.2pp

519.79%-519.8pp

Employer contribution / active EE

$2,567

$6,420-60.0%

$5,605-54.2%

$4,779-46.3%

Participant deferral / active EE

$12,938

$7,641+69.3%

$6,927+86.8%

$5,609+130.7%

Admin fee / account holder

$13,328-100.0%

$10,705-100.0%

$10,828-100.0%

MILLENNIUM PENSION SERVICES INC. 401(K) PROFIT SHARING PLAN & TRUST

Summary metrics

Benchmarksi

Analytics

Service providersi

Plan features & details

Opportunity flagsi

Audit opinioni

MILLENNIUM PENSION SERVICES INC. 401(K) PROFIT SHARING PLAN & TRUST

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