Retirement plan

MODERATE INCOME MANAGEMENT COMPANY, INC. 401(K) PLAN AND TRUST

Name: MODERATE INCOME MANAGEMENT COMPANY, INC. - MODERATE INCOME MANAGEMENT COMPANY, INC. 401(K) PLAN AND TRUST (2024) Form 5500
Creator: MODERATE INCOME MANAGEMENT COMPANY, INC.
License: https://www.dol.gov/general/disclaim
Keywords: Form 5500, ERISA, retirement plan, MODERATE INCOME MANAGEMENT COMPANY, INC. 401(K) PLAN AND TRUST, MODERATE INCOME MANAGEMENT COMPANY, INC.

MODERATE INCOME MANAGEMENT COMPANY, INC.EIN 22-2229156Plan #001PY 2024

P.O. BOX 3709 - PRINCETON, NJ 08543609-683-9740mimcmgmt.comLinkedIn51-200 employeesreal estate

Prospect flagsHigh feesLow participation

How to read this page

Total assets (EOY)

$1.1M

+33.6% from 2023

Total participants

+10.0% from 2023

Average account balance

$53,011

+8.1% from 2023

Annual return

15.58%

-4.16 pp from 2023

Benchmarks

See 4,152 peers

Peer group

Industry53 - Real Estate and Rental and Leasing

Plan typeDefined contribution

Participants25-99

Cohort4,152 peers

Snapshot2024

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

Analytics

Total assets (EOY)

Plan-year ending balance

$1.11M

Not enough data

1 years with asset history on file

Average account balance

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

$53K

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.

77.8%

Not enough data

1 years with eligibility data

Contributions (total)

Employer and participant dollars contributed each year

$176K

Not enough data

1 years with contributions on file

Contributions per participant

Average employer and participant contribution per enrolled participant

$7K

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

+15.58%

Not enough data

1 years with return on file

Admin fee / account holder

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

$1719

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 codes2E2G2J3D

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.
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

2 tripped

OpportunityLow participation
Participation rate is below 70% (account-balance holders / active employees) - enrollment or auto-enroll opportunity.
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

$36K

$1337 / participant

Other / not subdivided$36K100.0%

% of EOY assets

3.242%

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

$53,011

$78,027-32.1%

$178,528-70.3%

$80,925-34.5%

Participation rate

55.6%

65.7%-10.1pp

77.1%-21.5pp

67.7%-12.1pp

Annual return

15.58%

18.09%-2.5pp

27.11%-11.5pp

35.65%-20.1pp

Employer contribution / active EE

$861

$2,281-62.3%

$3,950-78.2%

$2,756-68.8%

Participant deferral / active EE

$5,643

$4,408+28.0%

$6,278-10.1%

$4,299+31.3%

Admin fee / account holder

$1,719

$7,168-76.0%

$10,419-83.5%

$6,940-75.2%

MODERATE INCOME MANAGEMENT COMPANY, INC. 401(K) PLAN AND TRUST

Summary metrics

Benchmarksi

Analytics

Service providersi

Plan features & details

Opportunity flagsi

Expense breakdowni

Audit opinioni

MODERATE INCOME MANAGEMENT COMPANY, INC. 401(K) PLAN AND TRUST

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