Retirement plan

MCCRONE EMPLOYEES' PROFIT-SHARING AND 401(K) PLAN & TRUST AGREEMENT

Name: MCCRONE ASSOCIATES, INC. - MCCRONE EMPLOYEES' PROFIT-SHARING AND 401(K) PLAN & TRUST AGREEMENT (2019) Form 5500
Creator: MCCRONE ASSOCIATES, INC.
License: https://www.dol.gov/general/disclaim
Keywords: Form 5500, ERISA, retirement plan, MCCRONE EMPLOYEES' PROFIT-SHARING AND 401(K) PLAN & TRUST AGREEMENT, MCCRONE ASSOCIATES, INC.

MCCRONE ASSOCIATES, INC.EIN 36-2486719Plan #001PY 2019

850 PASQUINELLI DRIVE - WESTMONT, IL 605595539630-887-7100LinkedIn11-50 employeesresearch

Prospect flagsHigh feesHigh assets / participant

How to read this page

Total assets (EOY)

$17.7M

+21.4% from 2018

Total participants

+1.7% from 2018

Average account balance

$310,944

+19.2% from 2018

Annual return

21.50%

+27.03 pp from 2018

Benchmarks

See 25,913 peers

Peer group

Industry54 - Professional, Scientific, and Technical Services

Plan typeDefined contribution

Participants25-99

Cohort25,913 peers

Snapshot2019

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

Analytics

Total assets (EOY)

Plan-year ending balance

$20.04M

Not enough data

1 years with asset history on file

Average account balance

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

$340K

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.

107.3%

Not enough data

1 years with eligibility data

Contributions (total)

Employer and participant dollars contributed each year

$858K

Not enough data

1 years with contributions on file

Contributions per participant

Average employer and participant contribution per enrolled participant

$16K

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

+11.61%

Not enough data

1 years with return on file

Admin fee / account holder

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

$14352

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.)
InformationalHigh assets / participant
Assets per participant exceed $250,000 - top-decile high-value plan.

Expense breakdown

Schedule H Part II

Admin total

$981K

$19617 / participant

Other / not subdivided$981K100.0%

% of EOY assets

5.534%

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

$310,944

$89,364+248.0%

$141,177+120.3%

$72,983+326.0%

Participation rate

94.0%

75.1%+18.9pp

82.5%+11.5pp

69.5%+24.5pp

Annual return

21.50%

111.86%-90.4pp

71.40%-49.9pp

81.01%-59.5pp

Employer contribution / active EE

$12,000

$3,115+285.3%

$4,736+153.4%

$2,440+391.8%

Participant deferral / active EE

$7,180

$5,419+32.5%

$6,710+7.0%

$3,608+99.0%

Admin fee / account holder

$17,207

$5,959+188.8%

$10,263+67.7%

$5,124+235.8%

MCCRONE EMPLOYEES' PROFIT-SHARING AND 401(K) PLAN & TRUST AGREEMENT

Summary metrics

Benchmarksi

Analytics

Service providersi

Plan features & details

Opportunity flagsi

Expense breakdowni

Audit opinioni

MCCRONE EMPLOYEES' PROFIT-SHARING AND 401(K) PLAN & TRUST AGREEMENT

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