Retirement plan

FEMA CORPORATION OF MICHIGAN, INC. PROFIT SHARING RETIREMENT PLAN

Name: FEMA CORPORATION OF MICHIGAN, INC. - FEMA CORPORATION OF MICHIGAN, INC. PROFIT SHARING RETIREMENT PLAN (2017) Form 5500
Creator: FEMA CORPORATION OF MICHIGAN, INC.
License: https://www.dol.gov/general/disclaim
Keywords: Form 5500, ERISA, retirement plan, FEMA CORPORATION OF MICHIGAN, INC. PROFIT SHARING RETIREMENT PLAN, FEMA CORPORATION OF MICHIGAN, INC.

FEMA CORPORATION OF MICHIGAN, INC.EIN 38-2122634Plan #001PY 2017

1716 VANDERBILT AVE - PORTAGE, MI 490246069269-323-1369

Other plans on this EIN

1 filing

#002Retirement-$44.7M assets

Prospect flagsNo flags tripped

How to read this page

Total assets (EOY)

$17.2M

+26.1% from 2016

Total participants

214

+13.2% from 2016

Average account balance

$82,887

+11.6% from 2016

Annual return

21.00%

+12.53 pp from 2016

Benchmarks

See 4,147 peers

Peer group

Industry33 - Manufacturing

Plan typeDefined contribution

Participants100-249

Cohort4,147 peers

Snapshot2017

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

Analytics

Total assets (EOY)

Plan-year ending balance

$47.26M

Not enough data

1 years with asset history on file

Average account balance

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

$158K

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.

300

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.

96.9%

Not enough data

1 years with eligibility data

Contributions (total)

Employer and participant dollars contributed each year

$2.06M

Not enough data

1 years with contributions on file

Contributions per participant

Average employer and participant contribution per enrolled participant

$9K

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

+66.91%

Not enough data

1 years with return on file

Admin fee / account holder

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

$109

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

1 years with F_SCH_H allocation on file

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

Service providers

Top 1 by compensation

Provider	Service type	Compensation
THE VANGUARD GROUP, INC.3+ years Filed as: VANGUARD GROUP, INC. Service code 15 · EIN 23-1945930	Recordkeeping	$13,444

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

0 tripped

No flags tripped for this filing year. This plan looks clean.

Expense breakdown

Schedule H Part II

Admin total

$13K

$75 / participant

Other / not subdivided$13K100.0%

% of EOY assets

0.078%

all-in expense ratio

Categories reported

0 / 9

subdivided buckets used

Audit opinion

Schedule H Part III

Disclaimer opinion

Auditor declined to express an opinion - usually a 103(a)(3)(C) limited-scope election.

Auditor firm: BDO USA, LLP
Auditor EIN: 135381590
Audit fees: (not subdivided)
Opinion code: Disclaimer

Metric

This plan

Peer set

Industry

Size

Avg account balance

$82,887

$64,909+27.7%

$82,313+0.7%

$62,293+33.1%

Participation rate

96.7%

74.9%+21.8pp

76.9%+19.8pp

69.5%+27.2pp

Annual return

21.00%

21.18%-0.2pp

25.88%-4.9pp

28.90%-7.9pp

Employer contribution / active EE

$3,344

$1,676+99.5%

$2,428+37.7%

$2,042+63.8%

Participant deferral / active EE

$3,518

$3,103+13.4%

$3,706-5.1%

$3,169+11.0%

Admin fee / account holder

$65

$440-85.3%

$5,608-98.8%

$479-86.5%

Provider

Service type

Compensation

THE VANGUARD GROUP, INC.3+ years

Filed as: VANGUARD GROUP, INC.

Service code 15 · EIN 23-1945930

Recordkeeping

$13,444

FEMA CORPORATION OF MICHIGAN, INC. PROFIT SHARING RETIREMENT PLAN

Summary metrics

Benchmarksi

Analytics

Service providersi

Plan features & details

Opportunity flagsi

Expense breakdowni

Audit opinioni

FEMA CORPORATION OF MICHIGAN, INC. PROFIT SHARING 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