Retirement plan

MBO PROFESSIONAL SERVICES INC. 401K PLAN

Name: MBO PROFESSIONAL SERVICES INC. - MBO PROFESSIONAL SERVICES INC. 401K PLAN (2018) 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 2018

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

Prospect flagsNo flags tripped

How to read this page

Total assets (EOY)

$21.6M

+14.6% from 2017

Total participants

1,445

-55.2% from 2017

Average account balance

$16,625

-0.6% from 2017

Annual return

-7.81%

-30.22 pp from 2017

Benchmarks

See 691 peers

Peer group

Industry56 - Administrative and Support and Waste Management and Remediation Services

Plan typeDefined contribution

Participants250-999

Cohort691 peers

Snapshot2018

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
PENSIONMARK FINANCIAL GROUP LLC2 years Service code 27 · EIN 61-1758632	Advisory (Plan)	$13,909
FIDELITY INVESTMENTS INSTITUTIONAL4+ years Service code 37 · EIN 04-2647786	Loan Processing	$4,896
LPL FINANCIAL1 year Filed as: LPL FINANCIAL LLC Service code 61 75 STATE STREET, 22ND FLOOR · BOSTON, MA 02109	Finders' fees / placement fees	$0

Plan features & details

Pension benefit codes2F2G2J2R2T3D3H

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.
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

0 tripped

No flags tripped for this filing year. This plan looks clean.

Expense breakdown

Schedule H Part II

Admin total

$17K

$21 / participant

Other / not subdivided$17K100.0%

% of EOY assets

0.079%

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

$16,625

$44,473-62.6%

$76,518-78.3%

$55,725-70.2%

Participation rate

82.3%

51.0%+31.3pp

68.0%+14.3pp

70.9%+11.4pp

Annual return

-7.81%

-2.01%-5.8pp

-0.27%-7.5pp

244.93%-252.7pp

Employer contribution / active EE

$1,101-100.0%

$2,647-100.0%

$2,078-100.0%

Participant deferral / active EE

$8,613

$1,988+333.3%

$3,836+124.5%

$3,356+156.7%

Admin fee / account holder

$13

$134-90.2%

$4,849-99.7%

$115-88.6%

Provider

Service type

Compensation

PENSIONMARK FINANCIAL GROUP LLC2 years

Service code 27 · EIN 61-1758632

Advisory (Plan)

$13,909

FIDELITY INVESTMENTS INSTITUTIONAL4+ years

Service code 37 · EIN 04-2647786

Loan Processing

$4,896

LPL FINANCIAL1 year

Filed as: LPL FINANCIAL LLC

Service code 61

75 STATE STREET, 22ND FLOOR · BOSTON, MA 02109

Finders' fees / placement fees

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