Retirement plan

MELVIN STONE COMPANY RETIREMENT SAVINGS PLAN

Name: THE MELVIN STONE COMPANY - MELVIN STONE COMPANY RETIREMENT SAVINGS PLAN (2018) Form 5500
Creator: THE MELVIN STONE COMPANY
License: https://www.dol.gov/general/disclaim
Keywords: Form 5500, ERISA, retirement plan, MELVIN STONE COMPANY RETIREMENT SAVINGS PLAN, THE MELVIN STONE COMPANY

THE MELVIN STONE COMPANYEIN 31-1656004Plan #002PY 2018

P.O. BOX 158 - SABINA, OH 45169937-584-2486

Prospect flagsNo flags tripped

How to read this page

Total assets (EOY)

$9.7M

-0.6% from 2017

Total participants

128

+7.6% from 2017

Average account balance

$75,691

-7.6% from 2017

Annual return

-1.13%

-16.00 pp from 2017

Benchmarks

See 302 peers

Peer group

Industry21 - Mining, Quarrying, and Oil and Gas Extraction

Plan typeDefined contribution

Participants100-249

Cohort302 peers

Snapshot2018

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

Analytics

Total assets (EOY)

Plan-year ending balance

$13.44M

Not enough data

1 years with asset history on file

Average account balance

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

$89K

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.

151

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.

90.0%

Not enough data

1 years with eligibility data

Contributions (total)

Employer and participant dollars contributed each year

$1.16M

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

+15.15%

Not enough data

1 years with return on file

Admin fee / account holder

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

$98

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
MORGAN STANLEY SMITH BARNEY1 year Filed as: MORGAN STANLEY Service code 27 1300 THAMES ST WHARF 4TH FL · BALTIMORE, MD 21231	Advisory (Plan)	$23,713
PRENGER & PROFITT, LLC1 year Filed as: PRENGER & PROFITT Service code 13 3445 S DIXIE DRIVE · MORAINE, OH 45439	Contract Administrator	$7,500
AMERICAN FUNDS1 year Filed as: CAPITAL RESEARCH AND MANAGEMENT CO Service code 64 333 SOUTH HOPE STREET · LOS ANGELES, CA 90071	Recordkeeping Fees	$2,087

Plan features & details

Pension benefit codes2E2G2J3D2F2K2T

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.
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.

Opportunity flags

0 tripped

No flags tripped for this filing year. This plan looks clean.

Expense breakdown

Schedule H Part II

Admin total

$29K

$278 / participant

Investment mgmt$29K100.0%

% of EOY assets

0.302%

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: CLARK SCHAEFER HACKETT
Auditor EIN: 310800053
Audit fees: (not subdivided)
Opinion code: Disclaimer

Metric

This plan

Peer set

Industry

Size

Avg account balance

$75,691

$60,396+25.3%

$111,392-32.0%

$56,289+34.5%

Participation rate

100.0%

72.4%+27.6pp

78.9%+21.1pp

69.9%+30.1pp

Annual return

-1.13%

20.26%-21.4pp

-2.06%+0.9pp

-9.96%+8.8pp

Employer contribution / active EE

$2,696

$3,459-22.1%

$4,328-37.7%

$2,111+27.7%

Participant deferral / active EE

$2,770

$4,421-37.3%

$5,567-50.2%

$3,350-17.3%

Admin fee / account holder

$228

$610-62.6%

$12,266-98.1%

$521-56.2%

Provider

Service type

Compensation

MORGAN STANLEY SMITH BARNEY1 year

Filed as: MORGAN STANLEY

Service code 27

1300 THAMES ST WHARF 4TH FL · BALTIMORE, MD 21231

Advisory (Plan)

$23,713

PRENGER & PROFITT, LLC1 year

Filed as: PRENGER & PROFITT

Service code 13

3445 S DIXIE DRIVE · MORAINE, OH 45439

Contract Administrator

$7,500

AMERICAN FUNDS1 year

Filed as: CAPITAL RESEARCH AND MANAGEMENT CO

Service code 64

333 SOUTH HOPE STREET · LOS ANGELES, CA 90071

Recordkeeping Fees

$2,087

MELVIN STONE COMPANY RETIREMENT SAVINGS PLAN

Summary metrics

Benchmarksi

Analytics

Service providersi

Plan features & details

Opportunity flagsi

Expense breakdowni

Audit opinioni

MELVIN STONE COMPANY RETIREMENT 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