Retirement plan

MUNCY HOMES, INC. 401(K) PLAN

Name: MUNCY HOMES, INC. - MUNCY HOMES, INC. 401(K) PLAN (2019) Form 5500
Creator: MUNCY HOMES, INC.
License: https://www.dol.gov/general/disclaim
Keywords: Form 5500, ERISA, retirement plan, MUNCY HOMES, INC. 401(K) PLAN, MUNCY HOMES, INC.

MUNCY HOMES, INC.EIN 23-2808721Plan #001PY 2019

1567 ROUTE 442 HWY - MUNCY, PA 17756570-546-5444muncyhomesinc.comLinkedIn51-200 employees

Prospect flagsLow returns

How to read this page

Total assets (EOY)

$10.6M

+10.9% from 2018

Total participants

156

+0.6% from 2018

Average account balance

$69,838

+10.9% from 2018

Annual return

16.13%

+18.66 pp from 2018

Benchmarks

See 2,830 peers

Peer group

Industry23 - Construction

Plan typeDefined contribution

Participants100-249

Cohort2,830 peers

Snapshot2019

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

Analytics

Total assets (EOY)

Plan-year ending balance

$9.13M

Not enough data

1 years with asset history on file

Average account balance

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

$55K

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.

166

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

$571K

Not enough data

1 years with contributions on file

Contributions per participant

Average employer and participant contribution per enrolled participant

$4K

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

+13.82%

Not enough data

1 years with return on file

Admin fee / account holder

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

$216

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

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Service providers

Top 3 by compensation

Provider	Service type	Compensation
KT ADMINISTRATORS, LLC1 year Service code 15 · EIN 82-4086794	Recordkeeping	$14,109
TORRILLO & ASSOCIATES, LLC2 years Filed as: BOYER & RITTER LLC Service code 10 · EIN 23-1311005	Accounting	$9,875
CLEARVIEW FINANCIAL PARTNERS LLC1 year Filed as: CLEARVIEW FINANCIAL PARTNERS, LLC Service code 26 5 RADNOR CORPORATE CENTER · RADNOR, PA 19087	Advisory (Participants)	$9,000

Plan features & details

Pension benefit codes2E2F2G2J2K3D3H

Plan features

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.
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

1 tripped

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

Expense breakdown

Schedule H Part II

Admin total

$33K

$221 / participant

Investment mgmt$9K27.3%
Other / not subdivided$24K72.7%

% of EOY assets

0.311%

all-in expense ratio

Categories reported

1 / 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: BOYER & RITTER LLC
Auditor EIN: 231311005
Audit fees: (not subdivided)
Opinion code: Disclaimer

Metric

This plan

Peer set

Industry

Size

Avg account balance

$69,838

$63,114+10.7%

$92,903-24.8%

$65,185+7.1%

Participation rate

97.3%

68.8%+28.5pp

76.0%+21.3pp

70.2%+27.1pp

Annual return

16.13%

28.75%-12.6pp

109.43%-93.3pp

29.38%-13.3pp

Employer contribution / active EE

$645

$2,571-74.9%

$3,653-82.4%

$2,177-70.4%

Participant deferral / active EE

$2,214

$3,108-28.8%

$4,238-47.8%

$3,514-37.0%

Admin fee / account holder

$217

$624-65.2%

$5,795-96.3%

$847-74.4%

Provider

Service type

Compensation

KT ADMINISTRATORS, LLC1 year

Service code 15 · EIN 82-4086794

Recordkeeping

$14,109

TORRILLO & ASSOCIATES, LLC2 years

Filed as: BOYER & RITTER LLC

Service code 10 · EIN 23-1311005

Accounting

$9,875

CLEARVIEW FINANCIAL PARTNERS LLC1 year

Filed as: CLEARVIEW FINANCIAL PARTNERS, LLC

Service code 26

5 RADNOR CORPORATE CENTER · RADNOR, PA 19087

Advisory (Participants)

$9,000

MUNCY HOMES, INC. 401(K) PLAN

Summary metrics

Benchmarksi

Analytics

Service providersi

Plan features & details

Opportunity flagsi

Expense breakdowni

Audit opinioni

MUNCY HOMES, INC. 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