Retirement plan

MONGE, CROUCH & MAHONEY, INC. 401(K) RETIREMENT PLAN

Name: MONGE, CROUCH & MAHONEY, INC. - MONGE, CROUCH & MAHONEY, INC. 401(K) RETIREMENT PLAN (2022) Form 5500
Creator: MONGE, CROUCH & MAHONEY, INC.
License: https://www.dol.gov/general/disclaim
Keywords: Form 5500, ERISA, retirement plan, MONGE, CROUCH & MAHONEY, INC. 401(K) RETIREMENT PLAN, MONGE, CROUCH & MAHONEY, INC.

MONGE, CROUCH & MAHONEY, INC.EIN 37-1132196Plan #002PY 2022

1 NORTH SEVENTH STREET - PEKIN, IL 61554309-347-7706

Prospect flagsHigh fees

How to read this page

Total assets (EOY)

$740K

-21.6% from 2021

Total participants

-23.1% from 2021

Average account balance

$82,246

+4.6% from 2021

Annual return

-8.68%

-20.17 pp from 2021

Benchmarks

See 35,205 peers

Peer group

Industry52 - Finance and Insurance

Plan typeDefined contribution

Participants<25

Cohort35,205 peers

Snapshot2022

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

Analytics

Total assets (EOY)

Plan-year ending balance

Not enough data

1 years with asset history on file

Average account balance

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

Not enough data

0 years with per-participant data

Participants with account balance

Stacked by status: active / separated vested / retired or beneficiary. Total = line 6g.

Not enough data

0 years with headcount on file

Eligible Participants and Participation

Bars: eligible actives (line 6a). Line: derived rate = active employees with a balance / 6a.

Not enough data

0 years with eligibility data

Contributions (total)

Employer and participant dollars contributed each year

Not enough data

0 years with contributions on file

Contributions per participant

Average employer and participant contribution per enrolled participant

Not enough data

0 years with per-participant contribution data

Asset flow

BOY + contributions + return - distributions = EOY

Year

Annual return

Diverging bars; negative years highlighted

-1.87%

Not enough data

1 years with return on file

Admin fee / account holder

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

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 codes2E2F2G2J3D

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.
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

$194K

$24199 / participant

Other / not subdivided$194K100.0%

% of EOY assets

26.153%

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

$82,246

$167,533-50.9%

$151,645-45.8%

$134,545-38.9%

Participation rate

87.5%

88.4%-0.9pp

87.5%0pp

81.2%+6.3pp

Annual return

-8.68%

7.81%-16.5pp

3.34%-12.0pp

418.37%-427.0pp

Employer contribution / active EE

$1,705

$6,828-75.0%

$6,165-72.3%

$4,742-64.0%

Participant deferral / active EE

$6,128

$8,985-31.8%

$8,363-26.7%

$6,401-4.3%

Admin fee / account holder

$21,510

$13,781+56.1%

$11,614+85.2%

$11,431+88.2%

MONGE, CROUCH & MAHONEY, INC. 401(K) RETIREMENT PLAN

Summary metrics

Benchmarksi

Analytics

Service providersi

Plan features & details

Opportunity flagsi

Expense breakdowni

Audit opinioni

MONGE, CROUCH & MAHONEY, INC. 401(K) RETIREMENT 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