Retirement plan

METZGER WICKERSHAM KNAUSS PROFIT SHARING PLAN

Name: METZGER WICKERSHAM KNAUSS - METZGER WICKERSHAM KNAUSS PROFIT SHARING PLAN (2016) Form 5500
Creator: METZGER WICKERSHAM KNAUSS
License: https://www.dol.gov/general/disclaim
Keywords: Form 5500, ERISA, retirement plan, METZGER WICKERSHAM KNAUSS PROFIT SHARING PLAN, METZGER WICKERSHAM KNAUSS

METZGER WICKERSHAM KNAUSSEIN 23-2871395Plan #001PY 2016

PO BOX 69200 - HARRISBURG, PA 17106717-238-8187mwke.comLinkedIn11-50 employeeslaw practice

Other plans on this EIN

1 filing

#002Retirement-$847K assets

Prospect flagsHigh fees

How to read this page

Total assets (EOY)

$5.5M

+5.1% from 2015

Total participants

+2.0% from 2015

Average account balance

$108,654

+3.0% from 2015

Annual return

5.99%

+5.65 pp from 2015

Benchmarks

See 24,581 peers

Peer group

Industry54 - Professional, Scientific, and Technical Services

Plan typeDefined contribution

Participants25-99

Cohort24,581 peers

Snapshot2016

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

Analytics

Total assets (EOY)

Plan-year ending balance

$5.29M

Not enough data

1 years with asset history on file

Average account balance

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

$139K

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.

158.3%

Not enough data

1 years with eligibility data

Contributions (total)

Employer and participant dollars contributed each year

$253K

Not enough data

1 years with contributions on file

Contributions per participant

Average employer and participant contribution per enrolled participant

$11K

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

+9.39%

Not enough data

1 years with return on file

Admin fee / account holder

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

$2971

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 codes2E2F2G2J3D

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.
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

OpportunityHigh fees
Administrative expenses exceed $300 per participant per year - possible fee-review opportunity. (Recordkeeping / audit / legal; excludes investment management.)

Expense breakdown

Schedule H Part II

Admin total

$201K

$5141 / participant

Other / not subdivided$201K100.0%

% of EOY assets

3.619%

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

$108,654

$76,551+41.9%

$123,894-12.3%

$62,881+72.8%

Participation rate

100.0%

73.0%+27.0pp

81.4%+18.6pp

69.3%+30.7pp

Annual return

5.99%

18.68%-12.7pp

47.52%-41.5pp

20.14%-14.2pp

Employer contribution / active EE

$1,211

$2,882-58.0%

$4,617-73.8%

$2,281-46.9%

Participant deferral / active EE

$2,656

$4,840-45.1%

$5,984-55.6%

$3,203-17.1%

Admin fee / account holder

$3,932

$4,826-18.5%

$8,357-53.0%

$4,296-8.5%

METZGER WICKERSHAM KNAUSS PROFIT SHARING PLAN

Summary metrics

Benchmarksi

Analytics

Service providersi

Plan features & details

Opportunity flagsi

Expense breakdowni

Audit opinioni

METZGER WICKERSHAM KNAUSS 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