Retirement plan

J.O. MORY, INC. EMPLOYEE SAVINGS AND PROTECTION PLAN

Name: J.O. MORY, INC. - J.O. MORY, INC. EMPLOYEE SAVINGS AND PROTECTION PLAN (2019) Form 5500
Creator: J.O. MORY, INC.
License: https://www.dol.gov/general/disclaim
Keywords: Form 5500, ERISA, retirement plan, J.O. MORY, INC. EMPLOYEE SAVINGS AND PROTECTION PLAN, J.O. MORY, INC.

J.O. MORY, INC.EIN 35-0893547Plan #002PY 2019

7470 SOUTH STATE ROAD 3, P.O. BOX 128 - SOUTH MILFORD, IN 46786260-351-2221jomory.comLinkedIn11-50 employeesconstruction

Prospect flagsHigh feesLow employer contributionLow participant contributionFailed to transmit contributions

How to read this page

Total assets (EOY)

$5.8M

+16.7% from 2018

Total participants

134

+2.3% from 2018

Average account balance

$44,296

+13.1% from 2018

Annual return

16.33%

+20.77 pp from 2018

Benchmarks

See 120 peers

Peer group

Industry42 - Wholesale Trade

Plan typeDefined contribution

Cohort120 peers

Snapshot2019

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

Analytics

Total assets (EOY)

Plan-year ending balance

$7.69M

Not enough data

1 years with asset history on file

Average account balance

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

$51K

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.

152

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.

93.6%

Not enough data

1 years with eligibility data

Contributions (total)

Employer and participant dollars contributed each year

$528K

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

+10.96%

Not enough data

1 years with return on file

Admin fee / account holder

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

$443

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

Top 5 by compensation

Provider	Service type	Compensation
LPL FINANCIAL4 years Filed as: LPL FINANCIAL LLC Service code 27 PO BOX 509026 · SAN DIEGO, CA 921509026	Advisory (Plan)	$26,284
GREAT-WEST LIFE & ANNUITY INSURANCE3 years Filed as: GREAT-WEST LIFE & ANNUITY INS. Service code 64 8515 EAST ORCHARD ROAD · GREEWOOD VILLAGE, CO 80111	Recordkeeping Fees	$15,311
EPIC RETIREMENT PLAN SERVICES4 years Filed as: RETIREMENT PLAN CONCEPTS & SERVICES Service code 13	Contract Administrator	$5,257
GREAT-WEST LIFE & ANNUITY INSURANCE3 years Filed as: EMPOWER RETIREMENT ADVISORY SVCS Service code 28 8515 EAST ORCHARD ROAD · GREENWOOD VILLAGE, CO 80111	Investment Management	$1,185
EPIC RETIREMENT PLAN SERVICES3 years Filed as: RETIREMENT PLAN CONCEPTS & SVCS INC Service code 13 10319 DAWSONS CREEK BLVD. · FORT WAYNE, IN 46825	Contract Administrator	$1,143

Plan features & details

Pension benefit codes2E2J2K2F2G3D2T

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.
2K
Code section 401(m) arrangement
Employee contributions are allocated to separate accounts under the plan or employer contributions are based in whole or in part on employee deferrals or contributions to the plan. Not applicable to 401(k) plans with only QNECs and/or QMACs or to 403(b)(1) 403(b)(7) or 408 arrangements.
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

4 tripped

OpportunityLow participant contribution
Participant contribution per participant is in the bottom quintile of the peer cohort.
OpportunityLow employer contribution
Employer 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.)
ComplianceFailed to transmit contributions
Form 5500 reported a failure to timely transmit participant contributions (Schedule H line 4a).

Expense breakdown

Schedule H Part II

Admin total

$43K

$435 / participant

Investment mgmt$4681.1%
Contract admin$43K98.9%

% of EOY assets

0.741%

all-in expense ratio

Categories reported

2 / 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: BKD LLP
Auditor EIN: 440160260
Audit fees: (not subdivided)
Opinion code: Disclaimer

Metric

This plan

Peer set

Industry

Size

Avg account balance

$44,296

$121,098-63.4%

$125,195-64.6%

Participation rate

97.0%

74.4%+22.6pp

79.8%+17.2pp

Annual return

16.33%

15.50%+0.8pp

43.79%-27.5pp

Employer contribution / active EE

$1,020

$1,930-47.2%

$3,866-73.6%

Participant deferral / active EE

$2,713

$3,481-22.1%

$4,937-45.1%

Admin fee / account holder

$328

$16,883-98.1%

$9,704-96.6%

Provider

Service type

Compensation

LPL FINANCIAL4 years

Filed as: LPL FINANCIAL LLC

Service code 27

PO BOX 509026 · SAN DIEGO, CA 921509026

Advisory (Plan)

$26,284

GREAT-WEST LIFE & ANNUITY INSURANCE3 years

Filed as: GREAT-WEST LIFE & ANNUITY INS.

Service code 64

8515 EAST ORCHARD ROAD · GREEWOOD VILLAGE, CO 80111

Recordkeeping Fees

$15,311

EPIC RETIREMENT PLAN SERVICES4 years

Filed as: RETIREMENT PLAN CONCEPTS & SERVICES

Service code 13

Contract Administrator

$5,257

GREAT-WEST LIFE & ANNUITY INSURANCE3 years

Filed as: EMPOWER RETIREMENT ADVISORY SVCS

Service code 28

8515 EAST ORCHARD ROAD · GREENWOOD VILLAGE, CO 80111

Investment Management

$1,185

EPIC RETIREMENT PLAN SERVICES3 years

Filed as: RETIREMENT PLAN CONCEPTS & SVCS INC

Service code 13

10319 DAWSONS CREEK BLVD. · FORT WAYNE, IN 46825

Contract Administrator

$1,143

J.O. MORY, INC. EMPLOYEE SAVINGS AND PROTECTION PLAN

Summary metrics

Benchmarksi

Analytics

Service providersi

Plan features & details

Opportunity flagsi

Expense breakdowni

Audit opinioni

J.O. MORY, INC. EMPLOYEE SAVINGS AND PROTECTION 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