Retirement plan

MATHEWS FORD-SANDUSKY, INC. PENSION PLAN

Name: MATHEWS FORD-SANDUSKY, INC. - MATHEWS FORD-SANDUSKY, INC. PENSION PLAN (2016) Form 5500
Creator: MATHEWS FORD-SANDUSKY, INC.
License: https://www.dol.gov/general/disclaim
Keywords: Form 5500, ERISA, retirement plan, MATHEWS FORD-SANDUSKY, INC. PENSION PLAN, MATHEWS FORD-SANDUSKY, INC.

MATHEWS FORD-SANDUSKY, INC.EIN 34-4346495Plan #001PY 2016

610 E. PERKINS AVE. - SANDUSKY, OH 44870419-626-4721

Prospect flagsHigh fees

How to read this page

Total assets (EOY)

$2.9M

-4.7% from 2015

Total participants

+9.5% from 2015

Average account balance

$67,363

-6.9% from 2015

Annual return

5.95%

+4.29 pp from 2015

Benchmarks

See 9,492 peers

Peer group

Industry44 - Retail Trade

Plan typeDefined contribution

Participants25-99

Cohort9,492 peers

Snapshot2016

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

Analytics

Total assets (EOY)

Plan-year ending balance

$2.82M

Not enough data

1 years with asset history on file

Average account balance

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

$64K

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.

107.3%

Not enough data

1 years with eligibility data

Contributions (total)

Employer and participant dollars contributed each year

$212K

Not enough data

1 years with contributions on file

Contributions per participant

Average employer and participant contribution per enrolled participant

$5K

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

+6.80%

Not enough data

1 years with return on file

Admin fee / account holder

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

$10295

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

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 codes2C2J2T3D

Plan features

2C
Money purchase plan
Money purchase pension plan other than a target benefit plan.
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.
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

1 tripped

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

$540K

$12858 / participant

Other / not subdivided$540K100.0%

% of EOY assets

18.644%

all-in expense ratio

Categories reported

0 / 9

subdivided buckets used

Audit opinion

Schedule H Part III

No opinion code on file for this filing.

Auditor firm: (not reported)
Auditor EIN: -
Audit fees: (not subdivided)
Opinion code: -

Metric

This plan

Peer set

Industry

Size

Avg account balance

$67,363

$48,364+39.3%

$71,796-6.2%

$62,881+7.1%

Participation rate

92.9%

60.6%+32.2pp

69.1%+23.7pp

69.3%+23.6pp

Annual return

5.95%

13.16%-7.2pp

78.04%-72.1pp

20.14%-14.2pp

Employer contribution / active EE

$1,019

$1,042-2.2%

$1,924-47.0%

$2,281-55.3%

Participant deferral / active EE

$3,672

$2,091+75.6%

$2,794+31.4%

$3,203+14.6%

Admin fee / account holder

$12,559

$3,771+233.0%

$4,815+160.8%

$4,296+192.4%

MATHEWS FORD-SANDUSKY, INC. PENSION PLAN

Summary metrics

Benchmarksi

Analytics

Service providersi

Plan features & details

Opportunity flagsi

Expense breakdowni

Audit opinioni

MATHEWS FORD-SANDUSKY, INC. PENSION 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