Retirement plan

MASSILLON CABLE T.V., INC. PROFIT SHARING PLAN

Name: MASSILLON CABLE T.V., INC. - MASSILLON CABLE T.V., INC. PROFIT SHARING PLAN (2018) Form 5500
Creator: MASSILLON CABLE T.V., INC.
License: https://www.dol.gov/general/disclaim
Keywords: Form 5500, ERISA, retirement plan, MASSILLON CABLE T.V., INC. PROFIT SHARING PLAN, MASSILLON CABLE T.V., INC.

MASSILLON CABLE T.V., INC.EIN 34-0970367Plan #001PY 2018

P.O. BOX 1000 - MASSILLON, OH 44648330-833-4134sssnet.comLinkedIn1-10 employees

Prospect flagsHigh feesLow participant contribution

How to read this page

Total assets (EOY)

$18.8M

-13.8% from 2017

Total participants

167

+8.4% from 2017

Average account balance

$112,821

-23.1% from 2017

Annual return

-2.29%

-14.91 pp from 2017

Benchmarks

See 865 peers

Peer group

Industry51 - Information

Plan typeDefined contribution

Participants100-249

Cohort865 peers

Snapshot2018

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

Analytics

Total assets (EOY)

Plan-year ending balance

$31.89M

Not enough data

1 years with asset history on file

Average account balance

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

$161K

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.

198

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.

100.0%

Not enough data

1 years with eligibility data

Contributions (total)

Employer and participant dollars contributed each year

$2.30M

Not enough data

1 years with contributions on file

Contributions per participant

Average employer and participant contribution per enrolled participant

$12K

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

+12.47%

Not enough data

1 years with return on file

Admin fee / account holder

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

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

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Service providers

Top 1 by compensation

Provider	Service type	Compensation
HUNTINGTON NATIONAL BANK2 years Service code 10 · EIN 31-0966785	Accounting	$78,841

Plan features & details

Pension benefit codes2E2H2J3D3H

Plan features

2E
Profit-sharing
Profit-sharing plan.
2H
Partial participant-directed account plan
Participants have the opportunity to direct the investment of a portion 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.
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

2 tripped

OpportunityLow participant contribution
Participant contribution per participant is in the bottom quintile of the peer cohort.
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

$54K

$367 / participant

Contract admin$54K100.0%

% of EOY assets

0.285%

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: CLIFTONLARSONALLEN
Auditor EIN: 410746749
Audit fees: (not subdivided)
Opinion code: Disclaimer

Metric

This plan

Peer set

Industry

Size

Avg account balance

$112,821

$61,214+84.3%

$83,327+35.4%

$56,289+100.4%

Participation rate

100.0%

72.6%+27.4pp

77.8%+22.2pp

69.9%+30.1pp

Annual return

-2.29%

0.42%-2.7pp

10.64%-12.9pp

-9.96%+7.7pp

Employer contribution / active EE

$8,851

$1,925+359.7%

$3,379+162.0%

$2,111+319.3%

Participant deferral / active EE

$1,108

$5,091-78.2%

$5,565-80.1%

$3,350-66.9%

Admin fee / account holder

$321

$512-37.2%

$7,540-95.7%

$521-38.4%

Provider

Service type

Compensation

HUNTINGTON NATIONAL BANK2 years

Service code 10 · EIN 31-0966785

Accounting

$78,841

MASSILLON CABLE T.V., INC. PROFIT SHARING PLAN

Summary metrics

Benchmarksi

Analytics

Service providersi

Plan features & details

Opportunity flagsi

Expense breakdowni

Audit opinioni

MASSILLON CABLE T.V., INC. PROFIT SHARING 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