Retirement plan

MARKEY'S AUDIO/VISUAL EMPLOYEE STOCK OWNERSHIP PLAN

Name: MARKEY'S AUDIO VISUAL INC. - MARKEY'S AUDIO/VISUAL EMPLOYEE STOCK OWNERSHIP PLAN (2016) Form 5500
Creator: MARKEY'S AUDIO VISUAL INC.
License: https://www.dol.gov/general/disclaim
Keywords: Form 5500, ERISA, retirement plan, MARKEY'S AUDIO/VISUAL EMPLOYEE STOCK OWNERSHIP PLAN, MARKEY'S AUDIO VISUAL INC.

MARKEY'S AUDIO VISUAL INC.EIN 35-1467871Plan #002PY 2016

2365 ENTERPRISE PARK PLACE - INDIANAPOLIS, IN 46218317-783-1155

Other plans on this EIN

1 filing

#001Retirement-$9.4M assets

Prospect flagsLow participant contribution

Top hat statement on fileNQDC

Filed May 7, 2019

Plan administrator

Plan administrator name— Sign in and upgrade to view

2365 Enterprise Park Place

Indianapolis State: IN Zip Code: 46218

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Plans declared (1)

Markey's Audio/Visual, Inc. Stock Appreciation Rights Plan3 emp

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Total assets (EOY)

$10.7M

+22.1% from 2015

Total participants

183

+8.3% from 2015

Average account balance

$58,857

+9.3% from 2015

Annual return

18.31%

-33.74 pp from 2015

Benchmarks

See 2,382 peers

Peer group

Industry23 - Construction

Plan typeDefined contribution

Participants100-249

Cohort2,382 peers

Snapshot2016

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

Analytics

Total assets (EOY)

Plan-year ending balance

$80.65M

Not enough data

1 years with asset history on file

Average account balance

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

$303K

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.

266

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.

99.6%

Not enough data

1 years with eligibility data

Contributions (total)

Employer and participant dollars contributed each year

$1.67M

Not enough data

1 years with contributions on file

Contributions per participant

Average employer and participant contribution per enrolled participant

$7K

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

+26.97%

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

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 codes2I2K2P2Q3I

Plan features

2I
Stock bonus
Stock bonus plan.
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.
2P
Leveraged ESOP
Employee stock ownership plan that acquires employer securities with borrowed money or other debt-financing techniques.
2Q
ESOP maintained by an S corporation
The employer maintaining this ESOP is an S corporation.
3I
Employer securities investment required
Plan requiring that all or part of employer contributions be invested and held at least for a limited period in employer securities.

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

Plan-level admin expenses are zero - fees are likely paid at the master-trust level rather than the individual plan.

Audit opinion

Schedule H Part III

Unqualified opinion

Auditor signed off without reservation - the cleanest possible opinion.

Auditor firm: VONLEHMAN & COMPANY
Auditor EIN: 310905417
Audit fees: (not subdivided)
Opinion code: Unqualified

Metric

This plan

Peer set

Industry

Size

Avg account balance

$58,857

$52,884+11.3%

$84,753-30.6%

$55,167+6.7%

Participation rate

99.4%

67.5%+31.9pp

76.6%+22.8pp

69.0%+30.4pp

Annual return

18.31%

18.03%+0.3pp

22.78%-4.5pp

169.23%-150.9pp

Employer contribution / active EE

$2,157

$2,233-3.4%

$3,574-39.7%

$1,963+9.9%

Participant deferral / active EE

$2,644-100.0%

$3,712-100.0%

$3,054-100.0%

Admin fee / account holder

$581-100.0%

$5,333-100.0%

$504-100.0%

MARKEY'S AUDIO/VISUAL EMPLOYEE STOCK OWNERSHIP PLAN

Top hat statement on fileNQDC

Plan administrator

Plans declared (1)

Summary metrics

Benchmarksi

Analytics

Service providersi

Plan features & details

Opportunity flagsi

Expense breakdowni

Audit opinioni

MARKEY'S AUDIO/VISUAL EMPLOYEE STOCK OWNERSHIP PLAN

Top hat statement on fileNQDC

Plan administrator

Plans declared (1)

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