Retirement plan

MERIDIAN PRODUCTS 401(K) RETIREMENT INVESTMENT PLAN

Name: NESSCO ENTERPRISES, LLC - MERIDIAN PRODUCTS 401(K) RETIREMENT INVESTMENT PLAN (2015) Form 5500
Creator: NESSCO ENTERPRISES, LLC
License: https://www.dol.gov/general/disclaim
Keywords: Form 5500, ERISA, retirement plan, MERIDIAN PRODUCTS 401(K) RETIREMENT INVESTMENT PLAN, NESSCO ENTERPRISES, LLC

NESSCO ENTERPRISES, LLCdba MERIDIAN PRODUCTSEIN 23-3055953Plan #001PY 2015

124 EARLAND DRIVE - NEW HOLLAND, PA 17557717-355-7700

Prospect flagsLow returns

How to read this page

Total assets (EOY)

$3.7M

No prior year

Total participants

134

No prior year

Average account balance

$33,794

No prior year

Annual return

-1.88%

No prior year

Benchmarks

See 1,746 peers

Peer group

Industry32 - Manufacturing

Plan typeDefined contribution

Participants100-249

Cohort1,746 peers

Snapshot2015

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

Analytics

Total assets (EOY)

Plan-year ending balance

$8.48M

Not enough data

1 years with asset history on file

Average account balance

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

$48K

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.

176

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.

96.2%

Not enough data

1 years with eligibility data

Contributions (total)

Employer and participant dollars contributed each year

$487K

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

+14.39%

Not enough data

1 years with return on file

Admin fee / account holder

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

$341

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
EPIC RETIREMENT PLAN SERVICES1+ years Filed as: EPIC ADVISORS, INC. Service code 15 · EIN 16-1450952	Recordkeeping	$31,979
VALLEY FORGE INVESTMENT CONSULTANTS1+ years Filed as: VALLEY FORGE ASSET MANAGEMENT Service code 28 · EIN 23-1910603	Investment Management	$22,790
CHARLES SCHWAB & CO., INC.1+ years Filed as: CHARLES SCHWAB TRUST COMPANY Service code 19 · EIN 42-1558009	Securities Custodian	$2,610
CHARLES SCHWAB & CO., INC.1+ years Service code 59 · EIN 94-1737782	Shareholder Servicing	$0

Plan features & details

Pension benefit codes2E2F2G2J2K3D

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.

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

$32K

$250 / participant

Other / not subdivided$32K100.0%

% of EOY assets

0.868%

all-in expense ratio

Categories reported

0 / 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: TROUT, EBERSOLE & GROFF, LLP
Auditor EIN: 231551315
Audit fees: (not subdivided)
Opinion code: Disclaimer

Metric

This plan

Peer set

Industry

Size

Avg account balance

$33,794

$53,412-36.7%

$68,509-50.7%

$52,331-35.4%

Participation rate

80.5%

71.7%+8.8pp

74.7%+5.7pp

68.1%+12.4pp

Annual return

-1.88%

3.42%-5.3pp

8.27%-10.1pp

4.54%-6.4pp

Employer contribution / active EE

$399

$1,607-75.2%

$2,278-82.5%

$1,882-78.8%

Participant deferral / active EE

$1,660

$2,688-38.2%

$3,382-50.9%

$3,022-45.1%

Admin fee / account holder

$293

$461-36.3%

$5,275-94.4%

$592-50.4%

Provider

Service type

Compensation

EPIC RETIREMENT PLAN SERVICES1+ years

Filed as: EPIC ADVISORS, INC.

Service code 15 · EIN 16-1450952

Recordkeeping

$31,979

VALLEY FORGE INVESTMENT CONSULTANTS1+ years

Filed as: VALLEY FORGE ASSET MANAGEMENT

Service code 28 · EIN 23-1910603

Investment Management

$22,790

CHARLES SCHWAB & CO., INC.1+ years

Filed as: CHARLES SCHWAB TRUST COMPANY

Service code 19 · EIN 42-1558009

Securities Custodian

$2,610

CHARLES SCHWAB & CO., INC.1+ years

Service code 59 · EIN 94-1737782

Shareholder Servicing

MERIDIAN PRODUCTS 401(K) RETIREMENT INVESTMENT PLAN

Summary metrics

Benchmarksi

Analytics

Service providersi

Plan features & details

Opportunity flagsi

Expense breakdowni

Audit opinioni

MERIDIAN PRODUCTS 401(K) RETIREMENT INVESTMENT 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