Retirement plan

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

Name: MASSILLON CABLE T.V., INC. - MASSILLON CABLE T.V., INC. PROFIT SHARING PLAN (2021) 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 2021

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

Prospect flagsLow participant contribution

How to read this page

Total assets (EOY)

$27.5M

+4.1% from 2020

Total participants

168

+3.7% from 2020

Average account balance

$163,668

-0.9% from 2020

Annual return

15.67%

+1.92 pp from 2020

Benchmarks

See 966 peers

Peer group

Industry51 - Information

Plan typeDefined contribution

Participants100-249

Cohort966 peers

Snapshot2021

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

$944

$6 / participant

Contract admin$944100.0%

% of EOY assets

0.003%

all-in expense ratio

Categories reported

1 / 9

subdivided buckets used

Audit opinion

Schedule H Part III

Unqualified opinion

Auditor signed off without reservation - the cleanest possible opinion.

Auditor firm: CLIFTONLARSONALLEN LLP
Auditor EIN: 410746749
Audit fees: (not subdivided)
Opinion code: Unqualified

Metric

This plan

Peer set

Industry

Size

Avg account balance

$163,668

$73,638+122.3%

$108,405+51.0%

$79,389+106.2%

Participation rate

100.0%

77.4%+22.6pp

80.1%+19.9pp

70.7%+29.3pp

Annual return

15.67%

33.27%-17.6pp

905.55%-889.9pp

116.89%-101.2pp

Employer contribution / active EE

$9,308

$2,397+288.4%

$3,559+161.5%

$2,428+283.4%

Participant deferral / active EE

$1,835

$6,218-70.5%

$6,563-72.0%

$4,046-54.6%

Admin fee / account holder

$638-99.1%

$7,297-99.9%

$626-99.1%

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