Retirement plan

MARRAKECH, INC 401(K) AND PROFIT SHARING PLAN

Name: MARRAKECH, INC. - MARRAKECH, INC 401(K) AND PROFIT SHARING PLAN (2021) Form 5500
Creator: MARRAKECH, INC.
License: https://www.dol.gov/general/disclaim
Keywords: Form 5500, ERISA, retirement plan, MARRAKECH, INC 401(K) AND PROFIT SHARING PLAN, MARRAKECH, INC.

MARRAKECH, INC.EIN 23-7148533Plan #001PY 2021

6 LUNAR DRIVE - WOODBRIDGE, CT 06525203-389-2970marocco-tour.comLinkedIn501-1000 employeesindividual & family services

Prospect flagsLow participationLow participant contribution

How to read this page

Total assets (EOY)

$7.5M

+20.3% from 2020

Total participants

828

-23.2% from 2020

Average account balance

$17,968

+90.6% from 2020

Annual return

25.34%

+20.02 pp from 2020

Benchmarks

See 3,802 peers

Peer group

Industry62 - Health Care and Social Assistance

Plan typeDefined contribution

Participants250-999

Cohort3,802 peers

Snapshot2021

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

Analytics

Total assets (EOY)

Plan-year ending balance

$12.79M

Not enough data

1 years with asset history on file

Average account balance

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

$18K

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.

711

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.

82.8%

Not enough data

1 years with eligibility data

Contributions (total)

Employer and participant dollars contributed each year

$2.10M

Not enough data

1 years with contributions on file

Contributions per participant

Average employer and participant contribution per enrolled participant

$3K

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

+10.00%

Not enough data

1 years with return on file

Admin fee / account holder

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

$179

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 3 by compensation

Provider	Service type	Compensation
ASCENSUS LLC4 years Service code 15 · EIN 11-3665754	Recordkeeping	$59,192
PASI, LLC1 year Service code 15 10 TALCOTT NOTCH RD · FARMINGTON, CT 06032	Recordkeeping	$20,725
SECURITIES AMERICA INC3 years Filed as: SECURITIES AMERICA, INC Service code 27 12325 PORT GRACE BLVD. · LAVISTA, NE 68128	Advisory (Plan)	$16,903

Plan features & details

Pension benefit codes2E2F2G2J2T3D

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.
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

2 tripped

OpportunityLow participation
Participation rate is below 70% (account-balance holders / active employees) - enrollment or auto-enroll opportunity.
OpportunityLow participant contribution
Participant contribution per participant is in the bottom quintile of the peer cohort.

Expense breakdown

Schedule H Part II

Admin total

$93K

$124 / participant

Contract admin$93K100.0%

% of EOY assets

1.246%

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: TEPLITZKY & COMPANY, P.C.
Auditor EIN: 060962357
Audit fees: (not subdivided)
Opinion code: Unqualified

Metric

This plan

Peer set

Industry

Size

Avg account balance

$17,968

$56,511-68.2%

$185,837-90.3%

$86,813-79.3%

Participation rate

45.4%

65.5%-20.1pp

81.7%-36.3pp

72.3%-26.9pp

Annual return

25.34%

118.12%-92.8pp

122.08%-96.7pp

97.93%-72.6pp

Employer contribution / active EE

$1,844-100.0%

$5,168-100.0%

$2,406-100.0%

Participant deferral / active EE

$329

$2,554-87.1%

$5,568-94.1%

$4,131-92.0%

Admin fee / account holder

$224

$150+49.7%

$16,241-98.6%

$170+32.1%

Provider

Service type

Compensation

ASCENSUS LLC4 years

Service code 15 · EIN 11-3665754

Recordkeeping

$59,192

PASI, LLC1 year

Service code 15

10 TALCOTT NOTCH RD · FARMINGTON, CT 06032

Recordkeeping

$20,725

SECURITIES AMERICA INC3 years

Filed as: SECURITIES AMERICA, INC

Service code 27

12325 PORT GRACE BLVD. · LAVISTA, NE 68128

Advisory (Plan)

$16,903

MARRAKECH, INC 401(K) AND PROFIT SHARING PLAN

Summary metrics

Benchmarksi

Analytics

Service providersi

Plan features & details

Opportunity flagsi

Expense breakdowni

Audit opinioni

MARRAKECH, INC 401(K) AND 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