Retirement plan

MANAGEMENT RECRUITERS OF ZIONSVILLE, INC 401(K) PS PLAN

Name: MANAGEMENT RECRUITERS OF ZIONSVI - MANAGEMENT RECRUITERS OF ZIONSVILLE, INC 401(K) PS PLAN (2016) Form 5500
Creator: MANAGEMENT RECRUITERS OF ZIONSVI
License: https://www.dol.gov/general/disclaim
Keywords: Form 5500, ERISA, retirement plan, MANAGEMENT RECRUITERS OF ZIONSVILLE, INC 401(K) PS PLAN, MANAGEMENT RECRUITERS OF ZIONSVI

MANAGEMENT RECRUITERS OF ZIONSVIEIN 35-2050494Plan #001PY 2016

1455 WEST OAK STREET, SUITE B - ZIONSVILLE, IN 46077317-523-8738LinkedIn1-10 employeesstaffing and recruiting

Prospect flagsLow returnsHigh fees

How to read this page

Total assets (EOY)

$187K

-77.5% from 2015

Total participants

-22.2% from 2015

Average account balance

$31,180

-70.0% from 2015

Annual return

2.82%

+4.88 pp from 2015

Benchmarks

See 113,086 peers

Peer group

Industry54 - Professional, Scientific, and Technical Services

Plan typeDefined contribution

Participants<25

Cohort113,086 peers

Snapshot2016

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

Analytics

Total assets (EOY)

Plan-year ending balance

$927K

Not enough data

1 years with asset history on file

Average account balance

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

$71K

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.

185.7%

Not enough data

1 years with eligibility data

Contributions (total)

Employer and participant dollars contributed each year

$100K

Not enough data

1 years with contributions on file

Contributions per participant

Average employer and participant contribution per enrolled participant

$14K

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

+13.44%

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

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 codes2E2F2G2J2T3D

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.
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

2 tripped

OpportunityHigh fees
Administrative expenses exceed $300 per participant per year - possible fee-review opportunity. (Recordkeeping / audit / legal; excludes investment management.)
OpportunityLow returns
Annual investment return is in the bottom quintile of the peer cohort.

Expense breakdown

Schedule H Part II

Admin total

$689K

$172362 / participant

Other / not subdivided$689K100.0%

% of EOY assets

368.533%

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

$31,180

$135,956-77.1%

$123,894-74.8%

$273,972-88.6%

Participation rate

75.0%

84.1%-9.1pp

81.4%-6.4pp

83.0%-8.0pp

Annual return

2.82%

56.63%-53.8pp

47.52%-44.7pp

41.46%-38.6pp

Employer contribution / active EE

$1,920

$5,170-62.9%

$4,617-58.4%

$4,869-60.6%

Participant deferral / active EE

$3,474

$6,343-45.2%

$5,984-42.0%

$5,287-34.3%

Admin fee / account holder

$114,908

$9,817+1070.4%

$8,357+1275.0%

$10,133+1034.0%

MANAGEMENT RECRUITERS OF ZIONSVILLE, INC 401(K) PS PLAN

Summary metrics

Benchmarksi

Analytics

Service providersi

Plan features & details

Opportunity flagsi

Expense breakdowni

Audit opinioni

MANAGEMENT RECRUITERS OF ZIONSVILLE, INC 401(K) PS 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