Retirement plan

MHS, LTD./AW&F, INC./AFM, INC. 401(K) PLAN

Name: MHS, LTD. - MHS, LTD./AW&F, INC./AFM, INC. 401(K) PLAN (2024) Form 5500
Creator: MHS, LTD.
License: https://www.dol.gov/general/disclaim
Keywords: Form 5500, ERISA, retirement plan, MHS, LTD./AW&F, INC./AFM, INC. 401(K) PLAN, MHS, LTD.

MHS, LTD.EIN 36-2681428Plan #001PY 2024

4959 HOME ROAD - WINSTON-SALEM, NC 27106336-767-9390

Prospect flagsHigh fees

How to read this page

Total assets (EOY)

$4.5M

+8.7% from 2023

Total participants

+11.1% from 2023

Average account balance

$113,309

-2.2% from 2023

Annual return

11.45%

-1.90 pp from 2023

Benchmarks

See 2,587 peers

Peer group

Industry31 - Manufacturing

Plan typeDefined contribution

Participants25-99

Cohort2,587 peers

Snapshot2024

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

Analytics

Total assets (EOY)

Plan-year ending balance

$4.53M

Not enough data

1 years with asset history on file

Average account balance

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

$113K

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.

125.0%

Not enough data

1 years with eligibility data

Contributions (total)

Employer and participant dollars contributed each year

$170K

Not enough data

1 years with contributions on file

Contributions per participant

Average employer and participant contribution per enrolled participant

$5K

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

+11.45%

Not enough data

1 years with return on file

Admin fee / account holder

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

$7153

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 codes2E2G2J3D

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.
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 fees
Administrative expenses exceed $300 per participant per year - possible fee-review opportunity. (Recordkeeping / audit / legal; excludes investment management.)

Expense breakdown

Schedule H Part II

Admin total

$286K

$8941 / participant

Other / not subdivided$286K100.0%

% of EOY assets

6.313%

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

$113,309

$63,845+77.5%

$81,370+39.3%

$80,959+40.0%

Participation rate

100.0%

63.9%+36.1pp

69.5%+30.5pp

67.7%+32.3pp

Annual return

11.45%

16.37%-4.9pp

24.85%-13.4pp

35.67%-24.2pp

Employer contribution / active EE

$1,959

$1,980-1.0%

$2,464-20.5%

$2,757-28.9%

Participant deferral / active EE

$3,365

$3,093+8.8%

$3,885-13.4%

$4,300-21.7%

Admin fee / account holder

$7,153

$5,688+25.7%

$5,749+24.4%

$6,925+3.3%

MHS, LTD./AW&F, INC./AFM, INC. 401(K) PLAN

Summary metrics

Benchmarksi

Analytics

Service providersi

Plan features & details

Opportunity flagsi

Expense breakdowni

Audit opinioni

MHS, LTD./AW&F, INC./AFM, INC. 401(K) 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