Retirement plan

MILES-MCCLELLAN CONSTRUCTION COMPANY, INC. 401(K) SALARY REDUCTION PLAN

Name: MILES-MCCLELLAN CONSTRUCTION COMPANY, INC. - MILES-MCCLELLAN CONSTRUCTION COMPANY, INC. 401(K) SALARY REDUCTION PLAN (2016) Form 5500
Creator: MILES-MCCLELLAN CONSTRUCTION COMPANY, INC.
License: https://www.dol.gov/general/disclaim
Keywords: Form 5500, ERISA, retirement plan, MILES-MCCLELLAN CONSTRUCTION COMPANY, INC. 401(K) SALARY REDUCTION PLAN, MILES-MCCLELLAN CONSTRUCTION COMPANY, INC.

MILES-MCCLELLAN CONSTRUCTION COMPANY, INC.EIN 31-0987415Plan #005PY 2016

2100 BUILDERS PLACE - COLUMBUS, OH 43204614-487-7744mmbuildings.comLinkedIn51-200 employeesconstruction

Prospect flagsNo flags tripped

How to read this page

Total assets (EOY)

$5.9M

+22.3% from 2015

Total participants

170

-2.3% from 2015

Average account balance

$40,488

+18.1% from 2015

Annual return

11.52%

+9.62 pp from 2015

Benchmarks

See 2,382 peers

Peer group

Industry23 - Construction

Plan typeDefined contribution

Participants100-249

Cohort2,382 peers

Snapshot2016

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

Analytics

Total assets (EOY)

Plan-year ending balance

$16.74M

Not enough data

1 years with asset history on file

Average account balance

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

$51K

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.

329

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.

96.6%

Not enough data

1 years with eligibility data

Contributions (total)

Employer and participant dollars contributed each year

$2.80M

Not enough data

1 years with contributions on file

Contributions per participant

Average employer and participant contribution per enrolled participant

$11K

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

+17.12%

Not enough data

1 years with return on file

Admin fee / account holder

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

$279

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 2 by compensation

Provider	Service type	Compensation
FIDELITY INVESTMENTS INSTITUTIONAL2+ years Service code 37 · EIN 04-2647786	Loan Processing	$14,061
WILSON, SHANNON & SNOW, INC.1 year Service code 10 · EIN 31-0829879	Accounting	$9,113

Plan features & details

Pension benefit codes2D2E2G2J2T3D3H

Plan features

2D
Offset plan
Plan benefits are subject to offset for retirement benefits provided in another plan or arrangement of the employer.
2E
Profit-sharing
Profit-sharing plan.
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.
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

$24K

$173 / participant

Investment mgmt$6952.9%
Other / not subdivided$23K97.1%

% of EOY assets

0.404%

all-in expense ratio

Categories reported

1 / 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: WILSON, SHANNON, & SNOW, INC.
Auditor EIN: 318029879
Audit fees: (not subdivided)
Opinion code: Disclaimer

Metric

This plan

Peer set

Industry

Size

Avg account balance

$40,488

$52,884-23.4%

$84,753-52.2%

$55,167-26.6%

Participation rate

82.6%

67.5%+15.1pp

76.6%+6.0pp

69.0%+13.6pp

Annual return

11.52%

18.03%-6.5pp

22.78%-11.3pp

169.23%-157.7pp

Employer contribution / active EE

$2,869

$2,233+28.5%

$3,574-19.7%

$1,963+46.2%

Participant deferral / active EE

$3,062

$2,644+15.8%

$3,712-17.5%

$3,054+0.2%

Admin fee / account holder

$163

$581-71.8%

$5,333-96.9%

$504-67.6%

Provider

Service type

Compensation

FIDELITY INVESTMENTS INSTITUTIONAL2+ years

Service code 37 · EIN 04-2647786

Loan Processing

$14,061

WILSON, SHANNON & SNOW, INC.1 year

Service code 10 · EIN 31-0829879

Accounting

$9,113

MILES-MCCLELLAN CONSTRUCTION COMPANY, INC. 401(K) SALARY REDUCTION PLAN

Summary metrics

Benchmarksi

Analytics

Service providersi

Plan features & details

Opportunity flagsi

Expense breakdowni

Audit opinioni

MILES-MCCLELLAN CONSTRUCTION COMPANY, INC. 401(K) SALARY REDUCTION 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