Retirement plan

M & C TRUCKING COMPANY PROFIT SHARING PLAN

Name: M & C TRUCKING COMPANY - M & C TRUCKING COMPANY PROFIT SHARING PLAN (2016) Form 5500
Creator: M & C TRUCKING COMPANY
License: https://www.dol.gov/general/disclaim
Keywords: Form 5500, ERISA, retirement plan, M & C TRUCKING COMPANY PROFIT SHARING PLAN, M & C TRUCKING COMPANY

M & C TRUCKING COMPANYEIN 25-1332393Plan #001PY 2016

400 KECK STREET PO BOX 430 - SEWARD, PA 15954814-446-4441mandctrucking.comLinkedIn1-10 employees

Prospect flagsLow returns

How to read this page

Total assets (EOY)

$6.9M

+2.9% from 2015

Total participants

247

+0.8% from 2015

Average account balance

$28,122

+2.5% from 2015

Annual return

4.27%

+4.55 pp from 2015

Benchmarks

See 1,015 peers

Peer group

Industry48 - Transportation and Warehousing

Plan typeDefined contribution

Participants100-249

Cohort1,015 peers

Snapshot2016

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

Analytics

Total assets (EOY)

Plan-year ending balance

$4.71M

Not enough data

1 years with asset history on file

Average account balance

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

$44K

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.

107

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.

88.1%

Not enough data

1 years with eligibility data

Contributions (total)

Employer and participant dollars contributed each year

$335K

Not enough data

1 years with contributions on file

Contributions per participant

Average employer and participant contribution per enrolled participant

$5K

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

+7.53%

Not enough data

1 years with return on file

Admin fee / account holder

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

$257

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
SOMERSET TRUST COMPANY2+ years Service code 51 · EIN 25-1549482 P.O. BOX 1330 · SOMERSET, PA 15501	Investment Mgmt Fees	$31,807
EPIC RETIREMENT PLAN SERVICES2+ years Filed as: RETIREMENT PLAN SOLUTIONS Service code 15 · EIN 30-0337628 P.O. BOX 250 · TIPTON, PA 16684	Recordkeeping	$7,950
BAKER TILLY US, LLP2+ years Filed as: BAKER TILLY VIRCHOW KRAUSE, LLP Service code 10 · EIN 39-0859910 1423 NORTH ATHERTON STREET · STATE COLLEGE, PA 16803	Accounting	$6,614

Plan features & details

Pension benefit codes2A2E3D

Plan features

2A
Age/service weighted or new comparability plan
Age/service weighted plan where allocations are based on age service or age and service; or new comparability or similar plan where allocations are based on participant classifications consisting entirely or predominantly of highly compensated employees or the plan provides an additional allocation rate on compensation above a specified threshold that exceeds the permitted disparity limits of Code section 401(l).
2E
Profit-sharing
Profit-sharing plan.
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

$46K

$339 / participant

Investment mgmt$32K69.0%
Contract admin$8K17.3%
Other / not subdivided$6K13.7%

% of EOY assets

0.666%

all-in expense ratio

Categories reported

2 / 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: BAKER TILLY VIRCHOW KRAUSE, LLP
Auditor EIN: 390859910
Audit fees: (not subdivided)
Opinion code: Disclaimer

Metric

This plan

Peer set

Industry

Size

Avg account balance

$28,122

$44,425-36.7%

$67,834-58.5%

$55,167-49.0%

Participation rate

99.3%

59.7%+39.6pp

68.8%+30.5pp

69.0%+30.3pp

Annual return

4.27%

17.80%-13.5pp

138.47%-134.2pp

169.23%-165.0pp

Employer contribution / active EE

$1,603

$1,351+18.6%

$2,403-33.3%

$1,963-18.3%

Participant deferral / active EE

$2,166-100.0%

$3,160-100.0%

$3,054-100.0%

Admin fee / account holder

$187

$530-64.7%

$4,622-95.9%

$504-62.8%

Provider

Service type

Compensation

SOMERSET TRUST COMPANY2+ years

Service code 51 · EIN 25-1549482

P.O. BOX 1330 · SOMERSET, PA 15501

Investment Mgmt Fees

$31,807

EPIC RETIREMENT PLAN SERVICES2+ years

Filed as: RETIREMENT PLAN SOLUTIONS

Service code 15 · EIN 30-0337628

P.O. BOX 250 · TIPTON, PA 16684

Recordkeeping

$7,950

BAKER TILLY US, LLP2+ years

Filed as: BAKER TILLY VIRCHOW KRAUSE, LLP

Service code 10 · EIN 39-0859910

1423 NORTH ATHERTON STREET · STATE COLLEGE, PA 16803

Accounting

$6,614

M & C TRUCKING COMPANY PROFIT SHARING PLAN

Summary metrics

Benchmarksi

Analytics

Service providersi

Plan features & details

Opportunity flagsi

Expense breakdowni

Audit opinioni

M & C TRUCKING COMPANY 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