Retirement plan

MONTECALVO DISPOSAL SERVICES 401(K) PROFIT SHARING PLAN

Name: MONTECALVO DISPOSAL SERVICES - MONTECALVO DISPOSAL SERVICES 401(K) PROFIT SHARING PLAN (2017) Form 5500
Creator: MONTECALVO DISPOSAL SERVICES
License: https://www.dol.gov/general/disclaim
Keywords: Form 5500, ERISA, retirement plan, MONTECALVO DISPOSAL SERVICES 401(K) PROFIT SHARING PLAN, MONTECALVO DISPOSAL SERVICES

MONTECALVO DISPOSAL SERVICESEIN 22-2578766Plan #001PY 2017

P. O. BOX 290 - KEASBEY, NJ 08832732-738-6000LinkedIn1-10 employeesenvironmental services

Other plans on this EIN

2 filings

#003Retirement-$2.5M assets #002Retirement-$651K assets

Prospect flagsHigh feesLow participationLow fidelity bond

How to read this page

Total assets (EOY)

$4M

+30.2% from 2016

Total participants

164

+1.2% from 2016

Average account balance

$50,847

+26.9% from 2016

Annual return

16.50%

-5.35 pp from 2016

Benchmarks

See 945 peers

Peer group

Industry56 - Administrative and Support and Waste Management and Remediation Services

Plan typeDefined contribution

Participants100-249

Cohort945 peers

Snapshot2017

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

Analytics

Total assets (EOY)

Plan-year ending balance

$10.40M

Not enough data

1 years with asset history on file

Average account balance

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

$118K

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.

56.1%

Not enough data

1 years with eligibility data

Contributions (total)

Employer and participant dollars contributed each year

$856K

Not enough data

1 years with contributions on file

Contributions per participant

Average employer and participant contribution per enrolled participant

$5K

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

+11.46%

Not enough data

1 years with return on file

Admin fee / account holder

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

$6025

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

Top 5 by compensation

Provider	Service type	Compensation
STANCE CAPITAL1 year Service code 28 · EIN 81-5170907 ONE LEWIS WHARF · BOSTON, MA 02110	Investment Management	$12,731
LPL FINANCIAL2 years Service code 27 · EIN 04-3046611 9785 TOWNE CENTRE DRIVE · SAN DIEGO, CA 92121	Advisory (Plan)	$8,196
ASPIRE FINANCIAL SERVICES3+ years Filed as: ASPIRE FINANCIAL SERVICES, LLC Service code 15 · EIN 27-1033755 4010 BOY SCOUT BLVD., SUITE 450 · TAMPA, FL 33607	Recordkeeping	$8,008
EPIC RETIREMENT PLAN SERVICES2 years Filed as: CWM RETIREMENT PLAN SERVICES LLC Service code 15 · EIN 27-2594403 11 FOSTER STREET, SUITE 200 · WORCESTER, MA 01608	Recordkeeping	$7,398
EMPIRICAL ASSET MANAGEMENT, LLC3+ years Service code 28 · EIN 27-3376835 2227 WASHINGTON STREET, SUITE 202 · NEWTON, MA 02462	Investment Management	$3,661

Plan features & details

Pension benefit codes2A2E2F2G2J2K2T3D3H

Plan features

2A
Age/service weighted or new comparability plan
Age/service weighted plan where allocations are based on age service or age and service; or new comparability or similar plan where allocations are based on participant classifications consisting entirely or predominantly of highly compensated employees or the plan provides an additional allocation rate on compensation above a specified threshold that exceeds the permitted disparity limits of Code section 401(l).
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.
2K
Code section 401(m) arrangement
Employee contributions are allocated to separate accounts under the plan or employer contributions are based in whole or in part on employee deferrals or contributions to the plan. Not applicable to 401(k) plans with only QNECs and/or QMACs or to 403(b)(1) 403(b)(7) or 408 arrangements.
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.
3H
Controlled group member
Plan sponsor(s) is (are) a member(s) of a controlled group (Code sections 414(b) (c) or (m)).

Opportunity flags

3 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.)
ComplianceLow fidelity bond
Fidelity bond coverage is below the ERISA section 412 10%-of-assets minimum (capped at $500,000).

Expense breakdown

Schedule H Part II

Admin total

$40K

$268 / participant

Investment mgmt$25K61.5%
Contract admin$15K38.5%

% of EOY assets

0.996%

all-in expense ratio

Categories reported

2 / 9

subdivided buckets used

Audit opinion

Schedule H Part III

Disclaimer opinion

Auditor declined to express an opinion - usually a 103(a)(3)(C) limited-scope election.

Auditor firm: COWAN, GUNTESKI & CO., PA
Auditor EIN: 222426149
Audit fees: (not subdivided)
Opinion code: Disclaimer

Metric

This plan

Peer set

Industry

Size

Avg account balance

$50,847

$36,767+38.3%

$81,473-37.6%

$62,293-18.4%

Participation rate

43.0%

54.4%-11.5pp

68.0%-25.0pp

69.5%-26.6pp

Annual return

16.50%

173.80%-157.3pp

38.78%-22.3pp

28.90%-12.4pp

Employer contribution / active EE

$1,341

$1,128+18.8%

$2,568-47.8%

$2,042-34.3%

Participant deferral / active EE

$2,211

$2,111+4.8%

$3,537-37.5%

$3,169-30.2%

Admin fee / account holder

$506

$797-36.5%

$4,561-88.9%

$479+5.6%

Provider

Service type

Compensation

STANCE CAPITAL1 year

Service code 28 · EIN 81-5170907

ONE LEWIS WHARF · BOSTON, MA 02110

Investment Management

$12,731

LPL FINANCIAL2 years

Service code 27 · EIN 04-3046611

9785 TOWNE CENTRE DRIVE · SAN DIEGO, CA 92121

Advisory (Plan)

$8,196

ASPIRE FINANCIAL SERVICES3+ years

Filed as: ASPIRE FINANCIAL SERVICES, LLC

Service code 15 · EIN 27-1033755

4010 BOY SCOUT BLVD., SUITE 450 · TAMPA, FL 33607

Recordkeeping

$8,008

EPIC RETIREMENT PLAN SERVICES2 years

Filed as: CWM RETIREMENT PLAN SERVICES LLC

Service code 15 · EIN 27-2594403

11 FOSTER STREET, SUITE 200 · WORCESTER, MA 01608

Recordkeeping

$7,398

EMPIRICAL ASSET MANAGEMENT, LLC3+ years

Service code 28 · EIN 27-3376835

2227 WASHINGTON STREET, SUITE 202 · NEWTON, MA 02462

Investment Management

$3,661

MONTECALVO DISPOSAL SERVICES 401(K) PROFIT SHARING PLAN

Summary metrics

Benchmarksi

Analytics

Service providersi

Plan features & details

Opportunity flagsi

Expense breakdowni

Audit opinioni

MONTECALVO DISPOSAL SERVICES 401(K) 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