Retirement plan

MEISTER MEDIA WORLDWIDE PROFIT SHARING AND 401(K) PLAN

Name: MEISTER MEDIA WORLDWIDE, INC. - MEISTER MEDIA WORLDWIDE PROFIT SHARING AND 401(K) PLAN (2016) Form 5500
Creator: MEISTER MEDIA WORLDWIDE, INC.
License: https://www.dol.gov/general/disclaim
Keywords: Form 5500, ERISA, retirement plan, MEISTER MEDIA WORLDWIDE PROFIT SHARING AND 401(K) PLAN, MEISTER MEDIA WORLDWIDE, INC.

MEISTER MEDIA WORLDWIDE, INC.EIN 34-0065290Plan #001PY 2016

37733 EUCLID AVENUE - WILLOUGHBY, OH 44094440-942-2000meistermedia.comLinkedIn51-200 employeespublishing

Other plans on this EIN

1 filing

#002Retirement-$2.4M assets

Prospect flagsLow employer contributionCorrective distributions

How to read this page

Total assets (EOY)

$10.5M

+7.2% from 2015

Total participants

130

-5.1% from 2015

Average account balance

$84,127

+15.7% from 2015

Annual return

8.53%

+7.98 pp from 2015

Benchmarks

See 2,876 peers

Peer group

Industry51 - Information

Plan typeDefined contribution

Participants25-99

Cohort2,876 peers

Snapshot2016

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

Analytics

Total assets (EOY)

Plan-year ending balance

$17.92M

Not enough data

1 years with asset history on file

Average account balance

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

$204K

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.

85.1%

Not enough data

1 years with eligibility data

Contributions (total)

Employer and participant dollars contributed each year

$499K

Not enough data

1 years with contributions on file

Contributions per participant

Average employer and participant contribution per enrolled participant

$7K

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

+14.04%

Not enough data

1 years with return on file

Admin fee / account holder

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

$36166

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 2 by compensation

Provider	Service type	Compensation
FIDELITY INVESTMENTS INSTITUTIONAL2+ years Service code 60 · EIN 04-2647786	Sub-TA Fees	$20,359
LPL FINANCIAL1 year Filed as: LPL FINANCIAL LLC Service code 27 · EIN 95-2834236	Advisory (Plan)	$15,502

Plan features & details

Pension benefit codes2E2F2G2J2R2T3D

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.
2R
Participant-directed brokerage accounts
Participant-directed brokerage accounts provided as an investment option under the plan.
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

2 tripped

OpportunityLow employer contribution
Employer contribution per participant is in the bottom quintile of the peer cohort.
ComplianceCorrective distributions
Plan reported corrective distributions (failed ADP/ACP testing).

Expense breakdown

Schedule H Part II

Admin total

$36K

$373 / participant

Other / not subdivided$36K100.0%

% of EOY assets

0.340%

all-in expense ratio

Categories reported

0 / 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: MALONEY & NOVOTNY LLC
Auditor EIN: 340677006
Audit fees: (not subdivided)
Opinion code: Disclaimer

Metric

This plan

Peer set

Industry

Size

Avg account balance

$84,127

$56,287+49.5%

$80,977+3.9%

$62,881+33.8%

Participation rate

94.8%

68.9%+25.8pp

75.8%+19.0pp

69.3%+25.5pp

Annual return

8.53%

22.13%-13.6pp

17.11%-8.6pp

20.14%-11.6pp

Employer contribution / active EE

$1,943-100.0%

$3,715-100.0%

$2,281-100.0%

Participant deferral / active EE

$3,981

$4,196-5.1%

$5,696-30.1%

$3,203+24.3%

Admin fee / account holder

$286

$3,742-92.4%

$5,517-94.8%

$4,296-93.3%

Provider

Service type

Compensation

FIDELITY INVESTMENTS INSTITUTIONAL2+ years

Service code 60 · EIN 04-2647786

Sub-TA Fees

$20,359

LPL FINANCIAL1 year

Filed as: LPL FINANCIAL LLC

Service code 27 · EIN 95-2834236

Advisory (Plan)

$15,502

MEISTER MEDIA WORLDWIDE PROFIT SHARING AND 401(K) PLAN

Summary metrics

Benchmarksi

Analytics

Service providersi

Plan features & details

Opportunity flagsi

Expense breakdowni

Audit opinioni

MEISTER MEDIA WORLDWIDE 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