Retirement plan

MARDEN COMPANIES 401K SAVINGS PLAN

Name: MARDEN COMPANIES - MARDEN COMPANIES 401K SAVINGS PLAN (2015) Form 5500
Creator: MARDEN COMPANIES
License: https://www.dol.gov/general/disclaim
Keywords: Form 5500, ERISA, retirement plan, MARDEN COMPANIES 401K SAVINGS PLAN, MARDEN COMPANIES

MARDEN COMPANIESEIN 31-1267340Plan #001PY 2015

200 PUTNAM ST STE 800 - MARIETTA, OH 457503013740-373-9446mardencompanies.comLinkedIn51-200 employeeshospital & health care

Prospect flagsLow returnsLow assets / participantLow employer contributionLow fidelity bond

How to read this page

Total assets (EOY)

$2.1M

No prior year

Total participants

171

No prior year

Average account balance

$12,472

No prior year

Annual return

-4.99%

No prior year

Benchmarks

See 4,452 peers

Peer group

Industry62 - Health Care and Social Assistance

Plan typeDefined contribution

Participants100-249

Cohort4,452 peers

Snapshot2015

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

Analytics

Total assets (EOY)

Plan-year ending balance

$2.63M

Not enough data

1 years with asset history on file

Average account balance

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

$38K

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.

152.2%

Not enough data

1 years with eligibility data

Contributions (total)

Employer and participant dollars contributed each year

$73K

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

+13.35%

Not enough data

1 years with return on file

Admin fee / account holder

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

$3576

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

Top 8 by compensation

Provider	Service type	Compensation
NATIONWIDE1+ years Service code 15 ONE NATIONWIDE PLAZA · COLUMBUS, OH 43215	Recordkeeping	$26,950
EDWARD JONES1+ years Filed as: EDWARD D.A. SOMMER Service code 27 300 WEST WILSON BRIDGE ROAD · WORTHINGTON, OH 43085	Advisory (Plan)	$8,454
OPOC.US1+ years Service code 13 300 WEST WILSON BRIDGE RD · WORTHINGTON, OH 43085	Contract Administrator	$1,825
CLARKE LANZEN SKALLA INVESTMENT FIR1+ years Service code 26 · EIN 13-4109249 17605 WRIGHT ST. · OMAHA, NE 68130	Advisory (Participants)	$1,441
CLS INVESTMENTS1+ years Service code 26 17605 WRIGHT STREET · OMAHA, NE 68130	Advisory (Participants)	$493
INVEST FINANCIAL CORPORATION1+ years Filed as: INVEST FINANCIAL CORP INS AGY Service code 27 5555 GRANDE MARKET DRIVE · APPLETON, WI 54913	Advisory (Plan)	$0
INVEST FINANCIAL CORPORATION1+ years Service code 27 5555 GRANDE MARKET DRIVE · APPLETON, WI 54913	Advisory (Plan)	$0
NPH1+ years Service code 27 401 WILSHIRE BLVD. · SANTA MONICA, CA 43215	Advisory (Plan)	$0

Plan features & details

Pension benefit codes2E2F2G2J2K2S3D

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.
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

4 tripped

OpportunityLow employer contribution
Employer contribution per participant is in the bottom quintile of the peer cohort.
OpportunityLow returns
Annual investment return is in the bottom quintile of the peer cohort.
OpportunityLow assets / participant
Assets per participant are in the bottom quintile of the peer cohort - savings-rate / match opportunity.
ComplianceLow fidelity bond
Fidelity bond coverage is below the ERISA section 412 10%-of-assets minimum (capped at $500,000).

Expense breakdown

Schedule H Part II

Admin total

$39K

$329 / participant

Investment mgmt$37K95.3%
Contract admin$2K4.7%

% of EOY assets

1.860%

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: MCDONOUGH, EDDY, PARSONS & BAYLOUS
Auditor EIN: 550603535
Audit fees: (not subdivided)
Opinion code: Disclaimer

Metric

This plan

Peer set

Industry

Size

Avg account balance

$12,472

$46,360-73.1%

$147,617-91.6%

$52,331-76.2%

Participation rate

98.3%

64.9%+33.4pp

84.6%+13.7pp

68.1%+30.2pp

Annual return

-4.99%

1.62%-6.6pp

61.98%-67.0pp

4.54%-9.5pp

Employer contribution / active EE

$159

$2,126-92.5%

$5,564-97.1%

$1,882-91.5%

Participant deferral / active EE

$2,031

$2,258-10.0%

$4,895-58.5%

$3,022-32.8%

Admin fee / account holder

$232

$766-69.7%

$11,612-98.0%

$592-60.8%

Provider

Service type

Compensation

NATIONWIDE1+ years

Service code 15

ONE NATIONWIDE PLAZA · COLUMBUS, OH 43215

Recordkeeping

$26,950

EDWARD JONES1+ years

Filed as: EDWARD D.A. SOMMER

Service code 27

300 WEST WILSON BRIDGE ROAD · WORTHINGTON, OH 43085

Advisory (Plan)

$8,454

OPOC.US1+ years

Service code 13

300 WEST WILSON BRIDGE RD · WORTHINGTON, OH 43085

Contract Administrator

$1,825

CLARKE LANZEN SKALLA INVESTMENT FIR1+ years

Service code 26 · EIN 13-4109249

17605 WRIGHT ST. · OMAHA, NE 68130

Advisory (Participants)

$1,441

CLS INVESTMENTS1+ years

Service code 26

17605 WRIGHT STREET · OMAHA, NE 68130

Advisory (Participants)

$493

INVEST FINANCIAL CORPORATION1+ years

Filed as: INVEST FINANCIAL CORP INS AGY

Service code 27

5555 GRANDE MARKET DRIVE · APPLETON, WI 54913

Advisory (Plan)

INVEST FINANCIAL CORPORATION1+ years

Service code 27

5555 GRANDE MARKET DRIVE · APPLETON, WI 54913

Advisory (Plan)

NPH1+ years

Service code 27

401 WILSHIRE BLVD. · SANTA MONICA, CA 43215

Advisory (Plan)

MARDEN COMPANIES 401K SAVINGS PLAN

Summary metrics

Benchmarksi

Analytics

Service providersi

Plan features & details

Opportunity flagsi

Expense breakdowni

Audit opinioni

MARDEN COMPANIES 401K SAVINGS 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