Retirement plan

MERKLE INTERNATIONAL, INC. PROFIT SHARING AND 401(K) SAVINGS PLAN

Name: MERKLE INTERNATIONAL, INC. - MERKLE INTERNATIONAL, INC. PROFIT SHARING AND 401(K) SAVINGS PLAN (2020) Form 5500
Creator: MERKLE INTERNATIONAL, INC.
License: https://www.dol.gov/general/disclaim
Keywords: Form 5500, ERISA, retirement plan, MERKLE INTERNATIONAL, INC. PROFIT SHARING AND 401(K) SAVINGS PLAN, MERKLE INTERNATIONAL, INC.

MERKLE INTERNATIONAL, INC.EIN 36-2844985Plan #001PY 2020

9567 US ROUTE 20 WEST - GALENA, IL 61036815-777-2100merkleintl.comLinkedIn11-50 employeesglass, ceramics & concrete

Prospect flagsHigh feesHigh assets / participant

How to read this page

Total assets (EOY)

$6.3M

-4.0% from 2019

Total participants

-5.9% from 2019

Average account balance

$417,769

+2.4% from 2019

Annual return

11.28%

-8.07 pp from 2019

Benchmarks

See 21,446 peers

Peer group

Industry33 - Manufacturing

Plan typeDefined contribution

Participants<25

Cohort21,446 peers

Snapshot2020

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

Analytics

Total assets (EOY)

Plan-year ending balance

$7.25M

Not enough data

1 years with asset history on file

Average account balance

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

$558K

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.

86.7%

Not enough data

1 years with eligibility data

Contributions (total)

Employer and participant dollars contributed each year

$332K

Not enough data

1 years with contributions on file

Contributions per participant

Average employer and participant contribution per enrolled participant

$22K

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

+16.42%

Not enough data

1 years with return on file

Admin fee / account holder

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

$688

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

$1.3M

$80221 / participant

Other / not subdivided$1M100.0%

% of EOY assets

20.482%

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

$417,769

$112,131+272.6%

$95,964+335.3%

$158,982+162.8%

Participation rate

93.8%

79.0%+14.8pp

77.1%+16.7pp

82.0%+11.8pp

Annual return

11.28%

171.19%-159.9pp

91.64%-80.4pp

302.99%-291.7pp

Employer contribution / active EE

$10,354

$3,199+223.7%

$2,541+307.4%

$4,763+117.4%

Participant deferral / active EE

$7,442

$4,784+55.6%

$4,167+78.6%

$5,983+24.4%

Admin fee / account holder

$85,569

$10,136+744.2%

$6,797+1158.9%

$11,252+660.5%

MERKLE INTERNATIONAL, INC. PROFIT SHARING AND 401(K) SAVINGS PLAN

Summary metrics

Benchmarksi

Analytics

Service providersi

Plan features & details

Opportunity flagsi

Expense breakdowni

Audit opinioni

MERKLE INTERNATIONAL, INC. PROFIT SHARING AND 401(K) SAVINGS 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