Retirement plan

M. H. EBY INC. 401(K) PROFIT SHARING PLAN

Name: M. H. EBY, INC. - M. H. EBY INC. 401(K) PROFIT SHARING PLAN (2020) Form 5500
Creator: M. H. EBY, INC.
License: https://www.dol.gov/general/disclaim
Keywords: Form 5500, ERISA, retirement plan, M. H. EBY INC. 401(K) PROFIT SHARING PLAN, M. H. EBY, INC.

M. H. EBY, INC.EIN 23-1925398Plan #001PY 2020

1194 MAIN ST - BLUE BALL, PA 17506717-354-4971

Prospect flagsLow returns

How to read this page

Total assets (EOY)

$19.3M

+17.4% from 2019

Total participants

472

-13.4% from 2019

Average account balance

$41,504

+37.2% from 2019

Annual return

11.54%

-10.58 pp from 2019

Benchmarks

See 2,346 peers

Peer group

Industry33 - Manufacturing

Plan typeDefined contribution

Participants250-999

Cohort2,346 peers

Snapshot2020

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

Analytics

Total assets (EOY)

Plan-year ending balance

$29.82M

Not enough data

1 years with asset history on file

Average account balance

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

$40K

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.

751

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.

97.0%

Not enough data

1 years with eligibility data

Contributions (total)

Employer and participant dollars contributed each year

$3.18M

Not enough data

1 years with contributions on file

Contributions per participant

Average employer and participant contribution per enrolled participant

$6K

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

+13.38%

Not enough data

1 years with return on file

Admin fee / account holder

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

$256

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
PRONVEST1 year Service code 52 · EIN 62-1823351	Indirect Investment Fees	$44,840
BB&T3 years Filed as: BB AND T Service code 21 · EIN 56-1368984	Bank Trustee	$39,127
BB&T IIA3 years Filed as: BB AND T IIA Service code 51 · EIN 57-0956597	Investment Mgmt Fees	$18,731
RKL LLP1 year Filed as: RKL,LLP Service code 10 · EIN 23-2108173	Accounting	$5,400

Plan features & details

Pension benefit codes2E2G2J2K3D2S2T

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.
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.
2S
Automatic enrollment
Plan provides for automatic enrollment in plan that has elective contributions deducted from payroll.
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

1 tripped

OpportunityLow returns
Annual investment return is in the bottom quintile of the peer cohort.

Expense breakdown

Schedule H Part II

Admin total

$108K

$312 / participant

Investment mgmt$64K58.8%
Other / not subdivided$45K41.2%

% of EOY assets

0.561%

all-in expense ratio

Categories reported

1 / 9

subdivided buckets used

Audit opinion

Schedule H Part III

Unqualified opinion

Auditor signed off without reservation - the cleanest possible opinion.

Auditor firm: RKL LLP
Auditor EIN: 232108173
Audit fees: (not subdivided)
Opinion code: Unqualified

Metric

This plan

Peer set

Industry

Size

Avg account balance

$41,504

$79,519-47.8%

$95,964-56.8%

$73,412-43.5%

Participation rate

97.7%

81.2%+16.5pp

77.1%+20.6pp

72.2%+25.5pp

Annual return

11.54%

19.20%-7.7pp

91.64%-80.1pp

59.30%-47.8pp

Employer contribution / active EE

$1,608

$2,048-21.5%

$2,541-36.7%

$2,234-28.0%

Participant deferral / active EE

$2,969

$4,138-28.3%

$4,167-28.7%

$3,806-22.0%

Admin fee / account holder

$233

$184+26.4%

$6,797-96.6%

$158+47.5%

Provider

Service type

Compensation

PRONVEST1 year

Service code 52 · EIN 62-1823351

Indirect Investment Fees

$44,840

BB&T3 years

Filed as: BB AND T

Service code 21 · EIN 56-1368984

Bank Trustee

$39,127

BB&T IIA3 years

Filed as: BB AND T IIA

Service code 51 · EIN 57-0956597

Investment Mgmt Fees

$18,731

RKL LLP1 year

Filed as: RKL,LLP

Service code 10 · EIN 23-2108173

Accounting

$5,400

M. H. EBY INC. 401(K) PROFIT SHARING PLAN

Summary metrics

Benchmarksi

Analytics

Service providersi

Plan features & details

Opportunity flagsi

Expense breakdowni

Audit opinioni

M. H. EBY INC. 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