Retirement plan

MLA GREEN, INC. 401(K) PLAN

Name: MLA GREEN, INC. DBA MIA LEHRER &ASSOCIATES - MLA GREEN, INC. 401(K) PLAN (2022) Form 5500
Creator: MLA GREEN, INC. DBA MIA LEHRER &ASSOCIATES
License: https://www.dol.gov/general/disclaim
Keywords: Form 5500, ERISA, retirement plan, MLA GREEN, INC. 401(K) PLAN, MLA GREEN, INC. DBA MIA LEHRER &ASSOCIATES

MLA GREEN, INC. DBA MIA LEHRER &ASSOCIATESEIN 27-0903202Plan #001PY 2022

185 S. MYERS STREET - LOS ANGELES, CA 90033213-384-3844

Prospect flagsHigh fees

How to read this page

Total assets (EOY)

$2.3M

-2.8% from 2021

Total participants

-2.6% from 2021

Average account balance

$66,646

-2.8% from 2021

Annual return

-11.69%

-28.95 pp from 2021

Benchmarks

See 28,001 peers

Peer group

Industry54 - Professional, Scientific, and Technical Services

Plan typeDefined contribution

Participants25-99

Cohort28,001 peers

Snapshot2022

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

Analytics

Total assets (EOY)

Plan-year ending balance

$4.22M

Not enough data

1 years with asset history on file

Average account balance

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

$80K

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.

143.2%

Not enough data

1 years with eligibility data

Contributions (total)

Employer and participant dollars contributed each year

$663K

Not enough data

1 years with contributions on file

Contributions per participant

Average employer and participant contribution per enrolled participant

$18K

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

+11.50%

Not enough data

1 years with return on file

Admin fee / account holder

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

$322

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 codes2E2F2G2J2T3D

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.

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

$65K

$2411 / participant

Other / not subdivided$65K100.0%

% of EOY assets

2.791%

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

$66,646

$82,674-19.4%

$125,381-46.8%

$68,486-2.7%

Participation rate

88.9%

75.1%+13.8pp

82.4%+6.5pp

67.9%+21.0pp

Annual return

-11.69%

-5.97%-5.7pp

572.31%-584.0pp

-7.85%-3.8pp

Employer contribution / active EE

$3,643

$3,382+7.7%

$4,815-24.3%

$2,597+40.3%

Participant deferral / active EE

$6,629

$6,111+8.5%

$7,448-11.0%

$4,028+64.6%

Admin fee / account holder

$1,860

$6,277-70.4%

$10,007-81.4%

$5,404-65.6%

MLA GREEN, INC. 401(K) PLAN

Summary metrics

Benchmarksi

Analytics

Service providersi

Plan features & details

Opportunity flagsi

Expense breakdowni

Audit opinioni

MLA GREEN, INC. 401(K) 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