Retirement plan

AEG, INC. MEP 401(K) PLAN

Name: AMERICAN EMPLOYER GROUP, INC. - AEG, INC. MEP 401(K) PLAN (2015) Form 5500
Creator: AMERICAN EMPLOYER GROUP, INC.
License: https://www.dol.gov/general/disclaim
Keywords: Form 5500, ERISA, retirement plan, AEG, INC. MEP 401(K) PLAN, AMERICAN EMPLOYER GROUP, INC.

AMERICAN EMPLOYER GROUP, INC.EIN 27-1067748Plan #001PY 2015

800 OAK RIDGE TURNPIKE, SUITE A-702 - OAK RIDGE, TN 37830865-481-0910invopeo.comLinkedIn51-200 employeeshuman resources

Prospect flagsLow participationCorrective distributions

How to read this page

Total assets (EOY)

$5.3M

No prior year

Total participants

588

No prior year

Average account balance

$16,158

No prior year

Annual return

-0.22%

No prior year

Benchmarks

See 563 peers

Peer group

Industry56 - Administrative and Support and Waste Management and Remediation Services

Plan typeDefined contribution

Participants250-999

Cohort563 peers

Snapshot2015

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

Analytics

Total assets (EOY)

Plan-year ending balance

$14.37M

Not enough data

1 years with asset history on file

Average account balance

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

$19K

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.

760

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.

41.5%

Not enough data

1 years with eligibility data

Contributions (total)

Employer and participant dollars contributed each year

$2.48M

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

+15.79%

Not enough data

1 years with return on file

Admin fee / account holder

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

$178

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
MERCURY FINANCIAL GROUP1+ years Service code 17 · EIN 45-4770468	Pension Consulting	$24,996
TRANSAMERICA RETIREMENT SOLUTIONS1+ years Filed as: TRANSAMERICA FINANCIAL LIFE INS Service code 15 · EIN 36-6071399	Recordkeeping	$17,592
ERISA SERVICES, INC.1+ years Service code 15 · EIN 62-1200951	Recordkeeping	$10,916

Plan features & details

Pension benefit codes2E2F2G2J2K

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.
2K
Code section 401(m) arrangement
Employee contributions are allocated to separate accounts under the plan or employer contributions are based in whole or in part on employee deferrals or contributions to the plan. Not applicable to 401(k) plans with only QNECs and/or QMACs or to 403(b)(1) 403(b)(7) or 408 arrangements.

Opportunity flags

2 tripped

OpportunityLow participation
Participation rate is below 70% (account-balance holders / active employees) - enrollment or auto-enroll opportunity.
ComplianceCorrective distributions
Plan reported corrective distributions (failed ADP/ACP testing).

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: RODEFER MOSS & CO, PLLC
Auditor EIN: 621690032
Audit fees: (not subdivided)
Opinion code: Disclaimer

Metric

This plan

Peer set

Industry

Size

Avg account balance

$16,158

$27,330-40.9%

$67,704-76.1%

$55,191-70.7%

Participation rate

42.4%

47.5%-5.1pp

67.5%-25.1pp

69.2%-26.7pp

Annual return

-0.22%

8.81%-9.0pp

25.41%-25.6pp

10.78%-11.0pp

Employer contribution / active EE

$254

$855-70.3%

$2,559-90.1%

$1,899-86.6%

Participant deferral / active EE

$1,441

$1,709-15.7%

$3,585-59.8%

$3,046-52.7%

Admin fee / account holder

$109-100.0%

$4,255-100.0%

$91-100.0%

Provider

Service type

Compensation

MERCURY FINANCIAL GROUP1+ years

Service code 17 · EIN 45-4770468

Pension Consulting

$24,996

TRANSAMERICA RETIREMENT SOLUTIONS1+ years

Filed as: TRANSAMERICA FINANCIAL LIFE INS

Service code 15 · EIN 36-6071399

Recordkeeping

$17,592

ERISA SERVICES, INC.1+ years

Service code 15 · EIN 62-1200951

Recordkeeping

$10,916

AEG, INC. MEP 401(K) PLAN

Summary metrics

Benchmarksi

Analytics

Service providersi

Plan features & details

Opportunity flagsi

Audit opinioni

AEG, INC. MEP 401(K) PLAN

Summary metrics

Benchmarksi

Analytics

Service providersi

Plan features & details

Opportunity flagsi

Audit opinioni

Benchmarks

Service providers

Opportunity flags

Audit opinion

Benchmarks

Service providers

Opportunity flags

Audit opinion