Retirement plan

M. HOLLAND COMPANY 401(K) PROFIT SHARING PLAN AND TRUST

Name: M. HOLLAND COMPANY - M. HOLLAND COMPANY 401(K) PROFIT SHARING PLAN AND TRUST (2015) Form 5500
Creator: M. HOLLAND COMPANY
License: https://www.dol.gov/general/disclaim
Keywords: Form 5500, ERISA, retirement plan, M. HOLLAND COMPANY 401(K) PROFIT SHARING PLAN AND TRUST, M. HOLLAND COMPANY

M. HOLLAND COMPANYEIN 36-2246768Plan #002PY 2015

400 SKOKIE BOULEVARD, SUITE 600 - NORTHBROOK, IL 60062847-272-7370mholland.comLinkedIn201-500 employeesplastics

Prospect flagsLow returns

How to read this page

Total assets (EOY)

$26M

No prior year

Total participants

195

No prior year

Average account balance

$140,603

No prior year

Annual return

-2.89%

No prior year

Benchmarks

See 2,111 peers

Peer group

Industry42 - Wholesale Trade

Plan typeDefined contribution

Participants100-249

Cohort2,111 peers

Snapshot2015

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

Analytics

Total assets (EOY)

Plan-year ending balance

$68.26M

Not enough data

1 years with asset history on file

Average account balance

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

$224K

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.

305

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.

92.2%

Not enough data

1 years with eligibility data

Contributions (total)

Employer and participant dollars contributed each year

$4.72M

Not enough data

1 years with contributions on file

Contributions per participant

Average employer and participant contribution per enrolled participant

$19K

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

+13.19%

Not enough data

1 years with return on file

Admin fee / account holder

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

$355

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 4 by compensation

Provider	Service type	Compensation
HARBOR FINANCIAL RESOURCES, INC.1+ years Service code 27 · EIN 36-3957484	Advisory (Plan)	$27,500
ALLIANCE PENSION CONSULTANTS, LLC1+ years Service code 15 · EIN 36-4389114	Recordkeeping	$23,194
CHARLES SCHWAB & CO., INC.1+ years Filed as: CHARLES SCHWAB BANK Service code 18 · EIN 42-1558009	Shareholder servicing fees; Custodial...	$9,804
CHARLES SCHWAB & CO., INC.1+ years Service code 19 · EIN 94-1737782	Securities Custodian	$585

Plan features & details

Pension benefit codes2E2G2J2K2R2T3D3H

Plan features

2E
Profit-sharing
Profit-sharing plan.
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.
2R
Participant-directed brokerage accounts
Participant-directed brokerage accounts provided as an investment option under the plan.
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.
3H
Controlled group member
Plan sponsor(s) is (are) a member(s) of a controlled group (Code sections 414(b) (c) or (m)).

Opportunity flags

1 tripped

OpportunityLow returns
Annual investment return is in the bottom quintile of the peer cohort.

Expense breakdown

Schedule H Part II

Admin total

$51K

$313 / participant

Contract admin$28K53.6%
Other / not subdivided$24K46.4%

% of EOY assets

0.197%

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: PLANTE & MORAN, LLC
Auditor EIN: 381357951
Audit fees: (not subdivided)
Opinion code: Disclaimer

Metric

This plan

Peer set

Industry

Size

Avg account balance

$140,603

$57,108+146.2%

$94,229+49.2%

$52,331+168.7%

Participation rate

93.9%

72.9%+21.0pp

78.8%+15.1pp

68.1%+25.8pp

Annual return

-2.89%

1.47%-4.4pp

10.68%-13.6pp

4.54%-7.4pp

Employer contribution / active EE

$9,044

$1,735+421.2%

$3,587+152.2%

$1,882+380.6%

Participant deferral / active EE

$8,939

$3,040+194.1%

$4,320+106.9%

$3,022+195.8%

Admin fee / account holder

$277

$546-49.3%

$6,269-95.6%

$592-53.1%

Provider

Service type

Compensation

HARBOR FINANCIAL RESOURCES, INC.1+ years

Service code 27 · EIN 36-3957484

Advisory (Plan)

$27,500

ALLIANCE PENSION CONSULTANTS, LLC1+ years

Service code 15 · EIN 36-4389114

Recordkeeping

$23,194

CHARLES SCHWAB & CO., INC.1+ years

Filed as: CHARLES SCHWAB BANK

Service code 18 · EIN 42-1558009

Shareholder servicing fees; Custodial...

$9,804

CHARLES SCHWAB & CO., INC.1+ years

Service code 19 · EIN 94-1737782

Securities Custodian

$585

M. HOLLAND COMPANY 401(K) PROFIT SHARING PLAN AND TRUST

Summary metrics

Benchmarksi

Analytics

Service providersi

Plan features & details

Opportunity flagsi

Expense breakdowni

Audit opinioni

M. HOLLAND COMPANY 401(K) PROFIT SHARING PLAN AND 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