Retirement plan

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

Name: MILES-MCCLELLAN CONSTRUCTION COMPANY, INC. - MILES-MCCLELLAN CONSTRUCTION COMPANY, INC. 401(K) SALARY DEFERRAL PLAN (2017) 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 DEFERRAL PLAN, MILES-MCCLELLAN CONSTRUCTION COMPANY, INC.

MILES-MCCLELLAN CONSTRUCTION COMPANY, INC.EIN 31-0987415Plan #005PY 2017

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

Prospect flagsHigh fees

How to read this page

Total assets (EOY)

$7.4M

+25.1% from 2016

Total participants

178

+4.7% from 2016

Average account balance

$45,108

+11.4% from 2016

Annual return

17.73%

+6.22 pp from 2016

Benchmarks

See 2,582 peers

Peer group

Industry23 - Construction

Plan typeDefined contribution

Participants100-249

Cohort2,582 peers

Snapshot2017

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 3 by compensation

Provider	Service type	Compensation
FIDELITY INVESTMENTS INSTITUTIONAL3+ years Service code 37 · EIN 04-2647786	Loan Processing	$21,829
EP WEALTH ADVISORS LLC1 year Filed as: EP WEALTH ADVISORS INC Service code 27 · EIN 33-0152539	Advisory (Plan)	$13,729
WILSON, SHANNON & SNOW, INC.2 years Service code 10 · EIN 31-0829879	Accounting	$10,615

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

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

$50K

$357 / participant

Investment mgmt$3690.7%
Other / not subdivided$50K99.3%

% of EOY assets

0.677%

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

$45,108

$58,726-23.2%

$92,240-51.1%

$62,293-27.6%

Participation rate

90.0%

68.3%+21.7pp

76.5%+13.5pp

69.5%+20.5pp

Annual return

17.73%

43.62%-25.9pp

176.29%-158.6pp

28.90%-11.2pp

Employer contribution / active EE

$2,997

$2,392+25.3%

$3,680-18.5%

$2,042+46.8%

Participant deferral / active EE

$3,172

$2,766+14.7%

$3,897-18.6%

$3,169+0.1%

Admin fee / account holder

$305

$556-45.2%

$5,194-94.1%

$479-36.3%

Provider

Service type

Compensation

FIDELITY INVESTMENTS INSTITUTIONAL3+ years

Service code 37 · EIN 04-2647786

Loan Processing

$21,829

EP WEALTH ADVISORS LLC1 year

Filed as: EP WEALTH ADVISORS INC

Service code 27 · EIN 33-0152539

Advisory (Plan)

$13,729

WILSON, SHANNON & SNOW, INC.2 years

Service code 10 · EIN 31-0829879

Accounting

$10,615

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

Summary metrics

Benchmarksi

Analytics

Service providersi

Plan features & details

Opportunity flagsi

Expense breakdowni

Audit opinioni

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