Retirement plan

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

Name: MASSILLON CABLE T.V., INC. - MASSILLON CABLE T.V., INC. PROFIT SHARING PLAN (2019) 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 2019

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

Prospect flagsLow participant contribution

How to read this page

Total assets (EOY)

$23.7M

+25.7% from 2018

Total participants

154

-7.8% from 2018

Average account balance

$157,906

+40.0% from 2018

Annual return

21.89%

+24.18 pp from 2018

Benchmarks

See 905 peers

Peer group

Industry51 - Information

Plan typeDefined contribution

Participants100-249

Cohort905 peers

Snapshot2019

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

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

Service providers

Providers data not reported

Schedule C was not filed on this plan's most recent Form 5500, so no compensated service providers are available to display.

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

1 tripped

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

Expense breakdown

Schedule H Part II

Admin total

$500

$3 / participant

Contract admin$500100.0%

% of EOY assets

0.002%

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

Metric

This plan

Peer set

Industry

Size

Avg account balance

$157,906

$58,655+169.2%

$91,994+71.6%

$65,186+142.2%

Participation rate

97.3%

75.3%+22.0pp

78.6%+18.6pp

70.2%+27.1pp

Annual return

21.89%

33.92%-12.0pp

69.04%-47.2pp

29.39%-7.5pp

Employer contribution / active EE

$8,652

$2,080+315.9%

$3,453+150.6%

$2,177+297.5%

Participant deferral / active EE

$1,357

$5,474-75.2%

$5,924-77.1%

$3,514-61.4%

Admin fee / account holder

$434-99.2%

$7,744-100.0%

$847-99.6%

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