Retirement plan

MARRAKECH, INC 401(K) AND PROFIT SHARING PLAN

Name: MARRAKECH, INC. - MARRAKECH, INC 401(K) AND PROFIT SHARING PLAN (2022) 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 2022

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

Other plans on this EIN

1 filing

#002Retirement-$552K assets

Prospect flagsLow participation

How to read this page

Total assets (EOY)

$6.4M

-15.1% from 2021

Total participants

808

-2.4% from 2021

Average account balance

$14,232

-20.8% from 2021

Annual return

-13.50%

-38.84 pp from 2021

Benchmarks

See 3,875 peers

Peer group

Industry62 - Health Care and Social Assistance

Plan typeDefined contribution

Participants250-999

Cohort3,875 peers

Snapshot2022

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 LLC5 years Service code 15 · EIN 11-3665754	Recordkeeping	$38,415
PASI, LLC2 years Service code 15 10 TALCOTT NOTCH RD · FARMINGTON, CT 06032	Recordkeeping	$23,055
SECURITIES AMERICA INC4 years Filed as: SECURITIES AMERICA, INC Service code 27 12325 PORT GRACE BLVD. · LAVISTA, NE 68128	Advisory (Plan)	$18,422

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

1 tripped

OpportunityLow participation
Participation rate is below 70% (account-balance holders / active employees) - enrollment or auto-enroll opportunity.

Expense breakdown

Schedule H Part II

Admin total

$81K

$120 / participant

Investment mgmt$15K18.6%
Contract admin$39K48.1%
Other / not subdivided$27K33.3%

% of EOY assets

1.271%

all-in expense ratio

Categories reported

2 / 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

$14,232

$46,332-69.3%

$143,799-90.1%

$64,819-78.0%

Participation rate

46.3%

64.2%-18.0pp

80.3%-34.0pp

71.5%-25.2pp

Annual return

-13.50%

-10.05%-3.4pp

-0.04%-13.5pp

32.84%-46.3pp

Employer contribution / active EE

$417

$1,911-78.2%

$4,952-91.6%

$2,507-83.4%

Participant deferral / active EE

$2,647-100.0%

$5,638-100.0%

$4,311-100.0%

Admin fee / account holder

$181

$154+17.6%

$14,677-98.8%

$188-3.7%

Provider

Service type

Compensation

ASCENSUS LLC5 years

Service code 15 · EIN 11-3665754

Recordkeeping

$38,415

PASI, LLC2 years

Service code 15

10 TALCOTT NOTCH RD · FARMINGTON, CT 06032

Recordkeeping

$23,055

SECURITIES AMERICA INC4 years

Filed as: SECURITIES AMERICA, INC

Service code 27

12325 PORT GRACE BLVD. · LAVISTA, NE 68128

Advisory (Plan)

$18,422

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