Retirement plan

MARNELL COMPANIES, LLC PROFIT SHARING AND 401(K) PLAN

Name: MARNELL COMPANIES LLC - MARNELL COMPANIES, LLC PROFIT SHARING AND 401(K) PLAN (2015) Form 5500
Creator: MARNELL COMPANIES LLC
License: https://www.dol.gov/general/disclaim
Keywords: Form 5500, ERISA, retirement plan, MARNELL COMPANIES, LLC PROFIT SHARING AND 401(K) PLAN, MARNELL COMPANIES LLC

MARNELL COMPANIES LLCEIN 27-1568297Plan #002PY 2015

222 VIA MARNELL WAY - LAS VEGAS, NV 89119702-739-2000marnellcompanies.comLinkedIn51-200 employeesarchitecture & planning

Prospect flagsHigh feesLow employer contributionCorrective distributions

How to read this page

Total assets (EOY)

$19.5M

No prior year

Total participants

278

No prior year

Average account balance

$74,044

No prior year

Annual return

0.70%

No prior year

Benchmarks

See 4,662 peers

Peer group

Industry54 - Professional, Scientific, and Technical Services

Plan typeDefined contribution

Participants100-249

Cohort4,662 peers

Snapshot2015

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

Analytics

Total assets (EOY)

Plan-year ending balance

$46.27M

Not enough data

1 years with asset history on file

Average account balance

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

$153K

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.

303

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.

88.2%

Not enough data

1 years with eligibility data

Contributions (total)

Employer and participant dollars contributed each year

$1.67M

Not enough data

1 years with contributions on file

Contributions per participant

Average employer and participant contribution per enrolled participant

$8K

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

+19.95%

Not enough data

1 years with return on file

Admin fee / account holder

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

$157

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

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Service providers

Top 4 by compensation

Provider	Service type	Compensation
MEKETA INVESTMENT GROUP1+ years Filed as: MEKETA INVESTMENT GROUP INC Service code 16 · EIN 04-2659023	Consulting	$40,255
SMITH & FRANCIS1+ years Filed as: SMITH & FRANCIS. LLC Service code 10 · EIN 88-0262893	Accounting	$22,340
HOULDSWORTH, RUSSO & COMPANY, P.C.1+ years Filed as: HOULDSWORTH, RUSSO & COMPANY P.C Service code 10 · EIN 88-0374623	Accounting	$10,200
FIDELITY INVESTMENTS INSTITUTIONAL1+ years Service code 37 · EIN 04-2647786	Loan Processing	$3,700

Plan features & details

Pension benefit codes2E2F2G2J2K2S2T3D3F3H

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.
2S
Automatic enrollment
Plan provides for automatic enrollment in plan that has elective contributions deducted from payroll.
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.
3F
Leased employees
Plan sponsor(s) received services of leased employees as defined in Code section 414(n) during the plan year.
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

3 tripped

OpportunityLow employer contribution
Employer contribution per participant is in the bottom quintile of the peer cohort.
OpportunityHigh fees
Administrative expenses exceed $300 per participant per year - possible fee-review opportunity. (Recordkeeping / audit / legal; excludes investment management.)
ComplianceCorrective distributions
Plan reported corrective distributions (failed ADP/ACP testing).

Expense breakdown

Schedule H Part II

Admin total

$80K

$477 / participant

Investment mgmt$40K50.3%
Contract admin$4K4.6%
Other / not subdivided$36K45.1%

% of EOY assets

0.410%

all-in expense ratio

Categories reported

2 / 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: HOULDSWORTH RUSSO & COMPANY P.C.
Auditor EIN: 880374623
Audit fees: (not subdivided)
Opinion code: Disclaimer

Metric

This plan

Peer set

Industry

Size

Avg account balance

$74,044

$70,002+5.8%

$115,038-35.6%

$52,331+41.5%

Participation rate

91.7%

72.1%+19.6pp

81.4%+10.3pp

68.1%+23.6pp

Annual return

0.70%

4.04%-3.3pp

26.14%-25.4pp

4.54%-3.8pp

Employer contribution / active EE

$208

$2,715-92.3%

$4,608-95.5%

$1,882-88.9%

Participant deferral / active EE

$3,194

$4,920-35.1%

$6,026-47.0%

$3,022+5.7%

Admin fee / account holder

$303

$566-46.4%

$8,175-96.3%

$592-48.7%

Provider

Service type

Compensation

MEKETA INVESTMENT GROUP1+ years

Filed as: MEKETA INVESTMENT GROUP INC

Service code 16 · EIN 04-2659023

Consulting

$40,255

SMITH & FRANCIS1+ years

Filed as: SMITH & FRANCIS. LLC

Service code 10 · EIN 88-0262893

Accounting

$22,340

HOULDSWORTH, RUSSO & COMPANY, P.C.1+ years

Filed as: HOULDSWORTH, RUSSO & COMPANY P.C

Service code 10 · EIN 88-0374623

Accounting

$10,200

FIDELITY INVESTMENTS INSTITUTIONAL1+ years

Service code 37 · EIN 04-2647786

Loan Processing

$3,700

MARNELL COMPANIES, LLC PROFIT SHARING AND 401(K) PLAN

Summary metrics

Benchmarksi

Analytics

Service providersi

Plan features & details

Opportunity flagsi

Expense breakdowni

Audit opinioni

MARNELL COMPANIES, LLC PROFIT SHARING AND 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