Retirement plan

MIDWEST ENERGY RESOURCES COMPANY RETIREMENT PLAN FOR UNION EMPLOYEES

Name: MIDWEST ENERGY RESOURCES COMPANY - MIDWEST ENERGY RESOURCES COMPANY RETIREMENT PLAN FOR UNION EMPLOYEES (2015) Form 5500
Creator: MIDWEST ENERGY RESOURCES COMPANY
License: https://www.dol.gov/general/disclaim
Keywords: Form 5500, ERISA, retirement plan, MIDWEST ENERGY RESOURCES COMPANY RETIREMENT PLAN FOR UNION EMPLOYEES, MIDWEST ENERGY RESOURCES COMPANY

MIDWEST ENERGY RESOURCES COMPANYEIN 38-2049779Plan #002PY 2015

2400 WINTER ST - SUPERIOR, WI 548801473715-392-9807LinkedIn1-10 employees

Prospect flagsHigh fees

How to read this page

Total assets (EOY)

$12.3M

No prior year

Total participants

No prior year

Average account balance

$178,668

No prior year

Annual return

0.63%

No prior year

Benchmarks

See 3,171 peers

Peer group

Industry48 - Transportation and Warehousing

Plan typeDefined contribution

Participants25-99

Cohort3,171 peers

Snapshot2015

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

Analytics

Total assets (EOY)

Plan-year ending balance

$19.28M

Not enough data

1 years with asset history on file

Average account balance

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

$364K

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.

132.5%

Not enough data

1 years with eligibility data

Contributions (total)

Employer and participant dollars contributed each year

$801K

Not enough data

1 years with contributions on file

Contributions per participant

Average employer and participant contribution per enrolled participant

$20K

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

+13.79%

Not enough data

1 years with return on file

Admin fee / account holder

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

$2465

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 codes2E2G2J3H

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.
3H
Controlled group member
Plan sponsor(s) is (are) a member(s) of a controlled group (Code sections 414(b) (c) or (m)).

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

$920K

$14598 / participant

Other / not subdivided$920K100.0%

% of EOY assets

7.460%

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

$178,668

$44,850+298.4%

$60,547+195.1%

$59,633+199.6%

Participation rate

100.0%

59.5%+40.5pp

68.0%+32.0pp

68.7%+31.3pp

Annual return

0.63%

1074.14%-1073.5pp

335.64%-335.0pp

2041.45%-2040.8pp

Employer contribution / active EE

$6,454

$1,462+341.5%

$2,419+166.8%

$2,203+193.0%

Participant deferral / active EE

$5,787

$2,230+159.5%

$3,328+73.9%

$3,192+81.3%

Admin fee / account holder

$13,328

$3,635+266.6%

$4,536+193.8%

$4,297+210.2%

MIDWEST ENERGY RESOURCES COMPANY RETIREMENT PLAN FOR UNION EMPLOYEES

Summary metrics

Benchmarksi

Analytics

Service providersi

Plan features & details

Opportunity flagsi

Expense breakdowni

Audit opinioni

MIDWEST ENERGY RESOURCES COMPANY RETIREMENT PLAN FOR UNION EMPLOYEES

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