Retirement plan

MESA EMPLOYEE STOCK OWNERSHIP PLAN

Name: MECHANICAL ENGINEERING SYSTEMS ASSOCIATES, INC. - MESA EMPLOYEE STOCK OWNERSHIP PLAN (2024) Form 5500
Creator: MECHANICAL ENGINEERING SYSTEMS ASSOCIATES, INC.
License: https://www.dol.gov/general/disclaim
Keywords: Form 5500, ERISA, retirement plan, MESA EMPLOYEE STOCK OWNERSHIP PLAN, MECHANICAL ENGINEERING SYSTEMS ASSOCIATES, INC.

MECHANICAL ENGINEERING SYSTEMS ASSOCIATES, INC.EIN 25-1773485Plan #003PY 2024

294 WEST STEUBEN STREET - PITTSBURGH, PA 15205888-301-6372LinkedIn11-50 employeesinformation technology and services

Other plans on this EIN

1 filing

#001Retirement-$1.1M assets

Prospect flagsHigh fees

How to read this page

Total assets (EOY)

$1.2M

+24.8% from 2023

Total participants

0.0% from 2023

Average account balance

$81,600

+24.8% from 2023

Annual return

24.31%

-597.97 pp from 2023

Benchmarks

See 143,710 peers

Peer group

Industry54 - Professional, Scientific, and Technical Services

Plan typeDefined contribution

Participants<25

Cohort143,710 peers

Snapshot2024

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

Analytics

Total assets (EOY)

Plan-year ending balance

$1.22M

Not enough data

1 years with asset history on file

Average account balance

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

$82K

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.

100.0%

Not enough data

1 years with eligibility data

Contributions (total)

Employer and participant dollars contributed each year

$19K

Not enough data

1 years with contributions on file

Contributions per participant

Average employer and participant contribution per enrolled participant

$1K

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

+24.31%

Not enough data

1 years with return on file

Admin fee / account holder

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

$1045

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 codes2E2P2Q3I

Plan features

2E
Profit-sharing
Profit-sharing plan.
2P
Leveraged ESOP
Employee stock ownership plan that acquires employer securities with borrowed money or other debt-financing techniques.
2Q
ESOP maintained by an S corporation
The employer maintaining this ESOP is an S corporation.
3I
Employer securities investment required
Plan requiring that all or part of employer contributions be invested and held at least for a limited period in employer securities.

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

$16K

$1045 / participant

Other / not subdivided$16K100.0%

% of EOY assets

1.281%

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

$81,600

$160,040-49.0%

$147,096-44.5%

$145,877-44.1%

Participation rate

100.0%

84.0%+16.0pp

82.2%+17.8pp

80.3%+19.7pp

Annual return

24.31%

98.49%-74.2pp

419.75%-395.4pp

551.28%-527.0pp

Employer contribution / active EE

$1,244

$5,289-76.5%

$4,936-74.8%

$4,663-73.3%

Participant deferral / active EE

$8,429-100.0%

$8,071-100.0%

$6,691-100.0%

Admin fee / account holder

$1,045

$15,050-93.1%

$13,005-92.0%

$13,402-92.2%

MESA EMPLOYEE STOCK OWNERSHIP PLAN

Summary metrics

Benchmarksi

Analytics

Service providersi

Plan features & details

Opportunity flagsi

Expense breakdowni

Audit opinioni

MESA EMPLOYEE STOCK OWNERSHIP 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