Retirement plan

MBO PROFESSIONAL SERVICES INC. 401K PLAN

Name: MBO PROFESSIONAL SERVICES INC. - MBO PROFESSIONAL SERVICES INC. 401K PLAN (2017) Form 5500
Creator: MBO PROFESSIONAL SERVICES INC.
License: https://www.dol.gov/general/disclaim
Keywords: Form 5500, ERISA, retirement plan, MBO PROFESSIONAL SERVICES INC. 401K PLAN, MBO PROFESSIONAL SERVICES INC.

MBO PROFESSIONAL SERVICES INC.EIN 26-4179224Plan #001PY 2017

13454 SUNRISE VALLEY DRIVE, SUITE 300 - HERNDON, VA 201713273703-793-6045

Prospect flagsLow participation

How to read this page

Total assets (EOY)

$18.8M

+77.1% from 2016

Total participants

3,223

-39.6% from 2016

Average account balance

$16,731

+97.8% from 2016

Annual return

22.41%

+5.97 pp from 2016

Benchmarks

See 299 peers

Peer group

Industry56 - Administrative and Support and Waste Management and Remediation Services

Plan typeDefined contribution

Participants1,000-4,999

Cohort299 peers

Snapshot2017

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

Analytics

Total assets (EOY)

Plan-year ending balance

$52.47M

Not enough data

1 years with asset history on file

Average account balance

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

$33K

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.

1,585

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.

20.0%

Not enough data

1 years with eligibility data

Contributions (total)

Employer and participant dollars contributed each year

$7.69M

Not enough data

1 years with contributions on file

Contributions per participant

Average employer and participant contribution per enrolled participant

$2K

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

+15.07%

Not enough data

1 years with return on file

Admin fee / account holder

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

$99

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
THE SEGAL COMPANY3+ years Filed as: BUCHBINDER TUNICK & COMPANY LLP Service code 10 · EIN 13-1578842	Accounting	$10,000
PENSIONMARK FINANCIAL GROUP LLC1 year Service code 27 · EIN 61-1758632	Advisory (Plan)	$7,728
FIDELITY INVESTMENTS INSTITUTIONAL3+ years Service code 37 · EIN 04-2647786	Loan Processing	$2,843

Plan features & details

Pension benefit codes2F2G2J2R2T3D

Plan features

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.
2R
Participant-directed brokerage accounts
Participant-directed brokerage accounts provided as an investment option under the plan.
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

$20K

$7 / participant

Other / not subdivided$20K100.0%

% of EOY assets

0.108%

all-in expense ratio

Categories reported

0 / 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: BUCHBINDER TUNICK & COMPANY, LLP
Auditor EIN: 131578842
Audit fees: (not subdivided)
Opinion code: Disclaimer

Metric

This plan

Peer set

Industry

Size

Avg account balance

$16,731

$43,717-61.7%

$81,473-79.5%

$77,958-78.5%

Participation rate

23.2%

42.5%-19.3pp

68.0%-44.7pp

71.6%-48.4pp

Annual return

22.41%

23.83%-1.4pp

38.78%-16.4pp

20.87%+1.5pp

Employer contribution / active EE

$919-100.0%

$2,568-100.0%

$2,310-100.0%

Participant deferral / active EE

$2,716

$1,783+52.3%

$3,537-23.2%

Admin fee / account holder

$18

$108-83.2%

$4,561-99.6%

$97-81.4%

Provider

Service type

Compensation

THE SEGAL COMPANY3+ years

Filed as: BUCHBINDER TUNICK & COMPANY LLP

Service code 10 · EIN 13-1578842

Accounting

$10,000

PENSIONMARK FINANCIAL GROUP LLC1 year

Service code 27 · EIN 61-1758632

Advisory (Plan)

$7,728

FIDELITY INVESTMENTS INSTITUTIONAL3+ years

Service code 37 · EIN 04-2647786

Loan Processing

$2,843

MBO PROFESSIONAL SERVICES INC. 401K PLAN

Summary metrics

Benchmarksi

Analytics

Service providersi

Plan features & details

Opportunity flagsi

Expense breakdowni

Audit opinioni

MBO PROFESSIONAL SERVICES INC. 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