Retirement plan

MICHAEL LEWIS COMPANY EMPLOYEES' PROFIT SHARING PLAN & TRUST

Name: MICHAEL LEWIS COMPANY - MICHAEL LEWIS COMPANY EMPLOYEES' PROFIT SHARING PLAN & TRUST (2015) Form 5500
Creator: MICHAEL LEWIS COMPANY
License: https://www.dol.gov/general/disclaim
Keywords: Form 5500, ERISA, retirement plan, MICHAEL LEWIS COMPANY EMPLOYEES' PROFIT SHARING PLAN & TRUST, MICHAEL LEWIS COMPANY

MICHAEL LEWIS COMPANYEIN 36-0905140Plan #001PY 2015

8900 WEST 50TH STREET - MCCOOK, IL 60525708-688-2200mlco.comLinkedIn201-500 employeeslogistics and supply chain

Prospect flagsHigh cash

How to read this page

Total assets (EOY)

$22.3M

No prior year

Total participants

164

No prior year

Average account balance

$136,139

No prior year

Annual return

0.79%

No prior year

Benchmarks

See 801 peers

Peer group

Industry72 - Accommodation and Food Services

Plan typeDefined contribution

Participants100-249

Cohort801 peers

Snapshot2015

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

Analytics

Total assets (EOY)

Plan-year ending balance

$44.72M

Not enough data

1 years with asset history on file

Average account balance

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

$186K

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.

240

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.

92.9%

Not enough data

1 years with eligibility data

Contributions (total)

Employer and participant dollars contributed each year

$1.82M

Not enough data

1 years with contributions on file

Contributions per participant

Average employer and participant contribution per enrolled participant

$9K

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

+15.09%

Not enough data

1 years with return on file

Admin fee / account holder

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

$212

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 3 by compensation

Provider	Service type	Compensation
HOWARD SIMON & ASSOCIATES, INC.1+ years Service code 17 304 SAUNDERS ROAD · RIVERWOODS, IL 60015	Pension Consulting	$24,705
INDEPENDENT FINANCIAL GROUP LLC1+ years Filed as: INDEPENDENT FINANCIAL GROUP, LLC Service code 26 12636 HIGH BLUFF DRIVEFX · SAN DIEGO, CA 92130	Advisory (Participants)	$24,029
MERRILL LYNCH PIERCE FENNER & SMITH1+ years Filed as: MERRILL LYNCH Service code 19 225 W WACKER DRIVE · CHICAGO, IL 60606	Securities Custodian	$200

Plan features & details

Pension benefit codes2E2H2J2K3D

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.
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.
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 cash
More than 10% of assets are held in cash - possible menu-design or default-fund problem.

Expense breakdown

Schedule H Part II

Admin total

$49K

$345 / participant

Contract admin$49K100.0%

% of EOY assets

0.219%

all-in expense ratio

Categories reported

1 / 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: LIPSCHULTZ, LEVIN & GRAY, L.L.C.
Auditor EIN: 362260623
Audit fees: (not subdivided)
Opinion code: Disclaimer

Metric

This plan

Peer set

Industry

Size

Avg account balance

$136,139

$26,805+407.9%

$59,496+128.8%

$52,331+160.2%

Participation rate

100.0%

39.3%+60.7pp

54.6%+45.4pp

68.1%+31.9pp

Annual return

0.79%

2.61%-1.8pp

182.05%-181.3pp

4.54%-3.8pp

Employer contribution / active EE

$7,068

$450+1471.0%

$1,153+513.1%

$1,882+275.6%

Participant deferral / active EE

$4,148

$916+352.7%

$1,829+126.8%

$3,022+37.3%

Admin fee / account holder

$298

$305-2.1%

$2,232-86.6%

$592-49.6%

Provider

Service type

Compensation

HOWARD SIMON & ASSOCIATES, INC.1+ years

Service code 17

304 SAUNDERS ROAD · RIVERWOODS, IL 60015

Pension Consulting

$24,705

INDEPENDENT FINANCIAL GROUP LLC1+ years

Filed as: INDEPENDENT FINANCIAL GROUP, LLC

Service code 26

12636 HIGH BLUFF DRIVEFX · SAN DIEGO, CA 92130

Advisory (Participants)

$24,029

MERRILL LYNCH PIERCE FENNER & SMITH1+ years

Filed as: MERRILL LYNCH

Service code 19

225 W WACKER DRIVE · CHICAGO, IL 60606

Securities Custodian

$200

MICHAEL LEWIS COMPANY EMPLOYEES' PROFIT SHARING PLAN & TRUST

Summary metrics

Benchmarksi

Analytics

Service providersi

Plan features & details

Opportunity flagsi

Expense breakdowni

Audit opinioni

MICHAEL LEWIS COMPANY EMPLOYEES' PROFIT SHARING PLAN & TRUST

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