Retirement plan

NGP MANAGEMENT, LLC 401K PLAN

Name: NGP MANAGEMENT, LLC - NGP MANAGEMENT, LLC 401K PLAN (2016) Form 5500
Creator: NGP MANAGEMENT, LLC
License: https://www.dol.gov/general/disclaim
Keywords: Form 5500, ERISA, retirement plan, NGP MANAGEMENT, LLC 401K PLAN, NGP MANAGEMENT, LLC

NGP MANAGEMENT, LLCEIN 26-1655191Plan #001PY 2016

3 PLUFF AVE - NORTH READING, MA 01864978-898-1228ngpmanagement.comLinkedIn1001-5000 employeesfood & beverages

Prospect flagsLow participation

How to read this page

Total assets (EOY)

$8.7M

+16.2% from 2015

Total participants

891

+5.3% from 2015

Average account balance

$30,238

+15.0% from 2015

Annual return

7.18%

+7.80 pp from 2015

Benchmarks

See 685 peers

Peer group

Industry72 - Accommodation and Food Services

Plan typeDefined contribution

Participants250-999

Cohort685 peers

Snapshot2016

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

Analytics

Total assets (EOY)

Plan-year ending balance

$21.06M

Not enough data

1 years with asset history on file

Average account balance

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

$71K

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.

296

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.

14.7%

Not enough data

1 years with eligibility data

Contributions (total)

Employer and participant dollars contributed each year

$1.63M

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

+16.96%

Not enough data

1 years with return on file

Admin fee / account holder

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

$414

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
NFP RETIREMENT INC1 year Filed as: NFP ADVISOR SERVICES, LLC Service code 27 · EIN 74-2794194	Advisory (Plan)	$12,500
KESTRA INVESTMENT SERVICES LLC1 year Filed as: KESTRA ADVISOR SERVICES LLC Service code 27 · EIN 35-2552359	Advisory (Plan)	$8,652
TRANSAMERICA RETIREMENT SOLUTIONS1 year Filed as: TRANSAMERICA LIFE INSURANCE COMPANY Service code 15 · EIN 39-0989781	Recordkeeping	$5,000

Plan features & details

Pension benefit codes2E2F2G2J3D3H2T

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.
3H
Controlled group member
Plan sponsor(s) is (are) a member(s) of a controlled group (Code sections 414(b) (c) or (m)).

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

$5K

$6 / participant

Contract admin$5K100.0%

% of EOY assets

0.053%

all-in expense ratio

Categories reported

1 / 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: BDO USA, LLP
Auditor EIN: 135381590
Audit fees: (not subdivided)
Opinion code: Disclaimer

Metric

This plan

Peer set

Industry

Size

Avg account balance

$30,238

$23,385+29.3%

$69,182-56.3%

$57,658-47.6%

Participation rate

23.0%

37.9%-14.9pp

55.1%-32.1pp

70.2%-47.2pp

Annual return

7.18%

-659.34%+666.5pp

-21.93%+29.1pp

5.13%+2.0pp

Employer contribution / active EE

$410

$422-2.9%

$1,206-66.0%

$1,974-79.2%

Participant deferral / active EE

$816

$843-3.2%

$1,897-57.0%

$3,061-73.4%

Admin fee / account holder

$16

$82-80.6%

$2,697-99.4%

$95-83.2%

Provider

Service type

Compensation

NFP RETIREMENT INC1 year

Filed as: NFP ADVISOR SERVICES, LLC

Service code 27 · EIN 74-2794194

Advisory (Plan)

$12,500

KESTRA INVESTMENT SERVICES LLC1 year

Filed as: KESTRA ADVISOR SERVICES LLC

Service code 27 · EIN 35-2552359

Advisory (Plan)

$8,652

TRANSAMERICA RETIREMENT SOLUTIONS1 year

Filed as: TRANSAMERICA LIFE INSURANCE COMPANY

Service code 15 · EIN 39-0989781

Recordkeeping

$5,000

NGP MANAGEMENT, LLC 401K PLAN

Summary metrics

Benchmarksi

Analytics

Service providersi

Plan features & details

Opportunity flagsi

Expense breakdowni

Audit opinioni

NGP MANAGEMENT, LLC 401K 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