Retirement plan

NAT'L ASSOC OF CEM D/B/A/ CEM ASSOC RET INCOME PLAN FOR EES OF PERRY MOUNT PARK CEM

Name: PERRY MOUNT PARK CEMETARY - NAT'L ASSOC OF CEM D/B/A/ CEM ASSOC RET INCOME PLAN FOR EES OF PERRY MOUNT PARK CEM (2018) Form 5500
Creator: PERRY MOUNT PARK CEMETARY
License: https://www.dol.gov/general/disclaim
Keywords: Form 5500, ERISA, retirement plan, NAT'L ASSOC OF CEM D/B/A/ CEM ASSOC RET INCOME PLAN FOR EES OF PERRY MOUNT PARK CEM, PERRY MOUNT PARK CEMETARY

PERRY MOUNT PARK CEMETARYEIN 38-0921590Plan #001PY 2018

878 N PERRY ST - PONTIAC, MI 483403029313-334-1563LinkedIn1-10 employees

Prospect flagsHigh feesLow fidelity bond

How to read this page

Total assets (EOY)

$1.1M

+10.9% from 2017

Total participants

+37.5% from 2017

Average account balance

$100,287

-19.4% from 2017

Annual return

10.11%

-4.55 pp from 2017

Benchmarks

See 33,731 peers

Peer group

Industry81 - Other Services (except Public Administration)

Plan typeDefined contribution

Participants<25

Cohort33,731 peers

Snapshot2018

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

Analytics

Total assets (EOY)

Plan-year ending balance

$2.29M

Not enough data

1 years with asset history on file

Average account balance

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

$255K

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.

128.6%

Not enough data

1 years with eligibility data

Contributions (total)

Employer and participant dollars contributed each year

$53K

Not enough data

1 years with contributions on file

Contributions per participant

Average employer and participant contribution per enrolled participant

$8K

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

+11.35%

Not enough data

1 years with return on file

Admin fee / account holder

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

$2031

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 codes2C2F2G2T3D

Plan features

2C
Money purchase plan
Money purchase pension plan other than a target benefit 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.
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.)
ComplianceLow fidelity bond
Fidelity bond coverage is below the ERISA section 412 10%-of-assets minimum (capped at $500,000).

Expense breakdown

Schedule H Part II

Admin total

$21K

$2313 / participant

Other / not subdivided$21K100.0%

% of EOY assets

1.887%

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

$100,287

$90,617+10.7%

$79,476+26.2%

$135,382-25.9%

Participation rate

100.0%

76.1%+23.9pp

73.3%+26.7pp

82.6%+17.4pp

Annual return

10.11%

977.57%-967.5pp

718.21%-708.1pp

519.77%-509.7pp

Employer contribution / active EE

$2,074

$3,068-32.4%

$2,800-25.9%

$4,779-56.6%

Participant deferral / active EE

$1,100

$4,050-72.8%

$3,704-70.3%

$5,609-80.4%

Admin fee / account holder

$1,892

$5,907-68.0%

$5,113-63.0%

$10,829-82.5%

NAT'L ASSOC OF CEM D/B/A/ CEM ASSOC RET INCOME PLAN FOR EES OF PERRY MOUNT PARK CEM

Summary metrics

Benchmarksi

Analytics

Service providersi

Plan features & details

Opportunity flagsi

Expense breakdowni

Audit opinioni

NAT'L ASSOC OF CEM D/B/A/ CEM ASSOC RET INCOME PLAN FOR EES OF PERRY MOUNT PARK CEM

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