Retirement plan

M/E ENGINEERING, P.C. 401(K) PLAN

Name: M/E ENGINEERING, P.C. - M/E ENGINEERING, P.C. 401(K) PLAN (2015) Form 5500
Creator: M/E ENGINEERING, P.C.
License: https://www.dol.gov/general/disclaim
Keywords: Form 5500, ERISA, retirement plan, M/E ENGINEERING, P.C. 401(K) PLAN, M/E ENGINEERING, P.C.

M/E ENGINEERING, P.C.EIN 22-3253106Plan #001PY 2015

150 NORTH CHESTNUT STREET - ROCHESTER, NY 14604585-288-5590meengineering.comLinkedIn51-200 employeesinformation technology and services

Prospect flagsNo flags tripped

How to read this page

Total assets (EOY)

$27.5M

No prior year

Total participants

179

No prior year

Average account balance

$158,707

No prior year

Annual return

0.19%

No prior year

Benchmarks

See 4,662 peers

Peer group

Industry54 - Professional, Scientific, and Technical Services

Plan typeDefined contribution

Participants100-249

Cohort4,662 peers

Snapshot2015

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

Analytics

Total assets (EOY)

Plan-year ending balance

$44.55M

Not enough data

1 years with asset history on file

Average account balance

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

$193K

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.

231

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.

99.4%

Not enough data

1 years with eligibility data

Contributions (total)

Employer and participant dollars contributed each year

$2.67M

Not enough data

1 years with contributions on file

Contributions per participant

Average employer and participant contribution per enrolled participant

$15K

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

+12.66%

Not enough data

1 years with return on file

Admin fee / account holder

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

$397

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

1 years with F_SCH_H allocation on file

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

Service providers

Top 4 by compensation

Provider	Service type	Compensation
THE ANGELL PENSION GROUP, INC.1+ years Service code 16 · EIN 04-2530412	Consulting	$8,935
MENGEL, METZGER, BARR & CO. LLP1+ years Filed as: MENGEL METZGER BARR & CO LLP Service code 10 · EIN 16-1092347	Accounting	$7,000
PRUDENTIAL RETIREMENT INSURANCE AND1+ years Filed as: PRUDENTIAL RETIREMENT INS & ANNUITY Service code 64 · EIN 06-1050034	Recordkeeping Fees	$2,060
PRUDENTIAL RETIREMENT INSURANCE AND1+ years Filed as: PRUDENTIAL INVESTMENTS LLC Service code 72	Other investment fees and expenses	$0

Plan features & details

Pension benefit codes2A2E2F2G2J3D2T

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.
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

0 tripped

No flags tripped for this filing year. This plan looks clean.

Expense breakdown

Schedule H Part II

Admin total

$18K

$124 / participant

Investment mgmt$9K49.6%
Contract admin$1K7.8%
Other / not subdivided$8K42.6%

% of EOY assets

0.066%

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: MENGEL, METZGER, BARR & CO., LLP
Auditor EIN: 161092347
Audit fees: (not subdivided)
Opinion code: Disclaimer

Metric

This plan

Peer set

Industry

Size

Avg account balance

$158,707

$70,002+126.7%

$115,037+38.0%

$52,331+203.3%

Participation rate

95.9%

72.1%+23.8pp

81.4%+14.5pp

68.1%+27.8pp

Annual return

0.19%

4.04%-3.9pp

26.14%-26.0pp

4.54%-4.4pp

Employer contribution / active EE

$5,185

$2,715+91.0%

$4,608+12.5%

$1,882+175.5%

Participant deferral / active EE

$8,047

$4,920+63.6%

$6,026+33.5%

$3,022+166.3%

Admin fee / account holder

$104

$566-81.6%

$8,175-98.7%

$592-82.4%

Provider

Service type

Compensation

THE ANGELL PENSION GROUP, INC.1+ years

Service code 16 · EIN 04-2530412

Consulting

$8,935

MENGEL, METZGER, BARR & CO. LLP1+ years

Filed as: MENGEL METZGER BARR & CO LLP

Service code 10 · EIN 16-1092347

Accounting

$7,000

PRUDENTIAL RETIREMENT INSURANCE AND1+ years

Filed as: PRUDENTIAL RETIREMENT INS & ANNUITY

Service code 64 · EIN 06-1050034

Recordkeeping Fees

$2,060

PRUDENTIAL RETIREMENT INSURANCE AND1+ years

Filed as: PRUDENTIAL INVESTMENTS LLC

Service code 72

Other investment fees and expenses

M/E ENGINEERING, P.C. 401(K) PLAN

Summary metrics

Benchmarksi

Analytics

Service providersi

Plan features & details

Opportunity flagsi

Expense breakdowni

Audit opinioni

M/E ENGINEERING, P.C. 401(K) 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