Retirement plan

MILLSPAUGH FURNITURE HOUSE, INC. 401(K) PROFIT SHARING PLAN AND TRUST

Name: MILLSPAUGH FURNITURE HOUSE, INC. - MILLSPAUGH FURNITURE HOUSE, INC. 401(K) PROFIT SHARING PLAN AND TRUST (2016) Form 5500
Creator: MILLSPAUGH FURNITURE HOUSE, INC.
License: https://www.dol.gov/general/disclaim
Keywords: Form 5500, ERISA, retirement plan, MILLSPAUGH FURNITURE HOUSE, INC. 401(K) PROFIT SHARING PLAN AND TRUST, MILLSPAUGH FURNITURE HOUSE, INC.

MILLSPAUGH FURNITURE HOUSE, INC.EIN 22-3114892Plan #001PY 2016

52 MAIN ST - WALDEN, NY 125861825845-778-1500millspaugh.comLinkedIn11-50 employeesfurniture

Prospect flagsHigh feesLow fidelity bond

How to read this page

Total assets (EOY)

$513K

+36.9% from 2015

Total participants

-5.6% from 2015

Average account balance

$30,202

+44.9% from 2015

Annual return

6.25%

+9.37 pp from 2015

Benchmarks

See 18,030 peers

Peer group

Industry44 - Retail Trade

Plan typeDefined contribution

Participants<25

Cohort18,030 peers

Snapshot2016

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

Analytics

Total assets (EOY)

Plan-year ending balance

$2.75M

Not enough data

1 years with asset history on file

Average account balance

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

$120K

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.

100.0%

Not enough data

1 years with eligibility data

Contributions (total)

Employer and participant dollars contributed each year

$229K

Not enough data

1 years with contributions on file

Contributions per participant

Average employer and participant contribution per enrolled participant

$16K

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

+9.69%

Not enough data

1 years with return on file

Admin fee / account holder

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

$44

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 codes2J

Plan features

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.

Opportunity flags

2 tripped

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

$36K

$2594 / participant

Other / not subdivided$36K100.0%

% of EOY assets

7.073%

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

$30,202

$93,346-67.6%

$71,796-57.9%

$273,972-89.0%

Participation rate

100.0%

76.5%+23.5pp

69.1%+30.9pp

83.0%+17.0pp

Annual return

6.25%

130.39%-124.1pp

78.04%-71.8pp

41.46%-35.2pp

Employer contribution / active EE

$5,838

$2,733+113.6%

$1,924+203.4%

$4,869+19.9%

Participant deferral / active EE

$4,956

$3,475+42.6%

$2,794+77.3%

$5,287-6.3%

Admin fee / account holder

$2,136

$6,571-67.5%

$4,815-55.6%

$10,133-78.9%

MILLSPAUGH FURNITURE HOUSE, INC. 401(K) PROFIT SHARING PLAN AND TRUST

Summary metrics

Benchmarksi

Analytics

Service providersi

Plan features & details

Opportunity flagsi

Expense breakdowni

Audit opinioni

MILLSPAUGH FURNITURE HOUSE, INC. 401(K) PROFIT SHARING 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