Retirement plan

MILLER APPLE L.P. 401K PROFIT SHARING PLAN & TRUST

Name: MILLER APPLE L.P. - MILLER APPLE L.P. 401K PROFIT SHARING PLAN & TRUST (2017) Form 5500
Creator: MILLER APPLE L.P.
License: https://www.dol.gov/general/disclaim
Keywords: Form 5500, ERISA, retirement plan, MILLER APPLE L.P. 401K PROFIT SHARING PLAN & TRUST, MILLER APPLE L.P.

MILLER APPLE L.P.EIN 38-3130327Plan #001PY 2017

5084 EXCHANGE DRIVE - FLINT, MI 48507810-733-0663millerapplelp.comLinkedIn11-50 employeesinsurance

Prospect flagsLow participation

How to read this page

Total assets (EOY)

$2.1M

+27.0% from 2016

Total participants

565

-6.0% from 2016

Average account balance

$15,104

+15.3% from 2016

Annual return

22.50%

+14.37 pp from 2016

Benchmarks

See 698 peers

Peer group

Industry72 - Accommodation and Food Services

Plan typeDefined contribution

Participants250-999

Cohort698 peers

Snapshot2017

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

Analytics

Total assets (EOY)

Plan-year ending balance

$4.82M

Not enough data

1 years with asset history on file

Average account balance

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

$33K

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.

146

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.

23.6%

Not enough data

1 years with eligibility data

Contributions (total)

Employer and participant dollars contributed each year

$278K

Not enough data

1 years with contributions on file

Contributions per participant

Average employer and participant contribution per enrolled participant

$560

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

+18.52%

Not enough data

1 years with return on file

Admin fee / account holder

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

$14

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

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 codes2E2J2G3D

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.
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

OpportunityLow participation
Participation rate is below 70% (account-balance holders / active employees) - enrollment or auto-enroll opportunity.

Audit opinion

Schedule H Part III

Unqualified opinion

Auditor signed off without reservation - the cleanest possible opinion.

Auditor firm: MRASEK AND ASSOCIATES, P.C.
Auditor EIN: 383350337
Audit fees: (not subdivided)
Opinion code: Unqualified

Metric

This plan

Peer set

Industry

Size

Avg account balance

$15,104

$28,416-46.8%

$73,545-79.5%

$69,631-78.3%

Participation rate

21.6%

38.3%-16.7pp

54.9%-33.3pp

70.7%-49.1pp

Annual return

22.50%

-694.13%+716.6pp

-15.16%+37.7pp

27571.02%-27548.5pp

Employer contribution / active EE

$430-100.0%

$1,219-100.0%

$2,032-100.0%

Participant deferral / active EE

$364

$897-59.4%

$1,806-79.8%

$3,224-88.7%

Admin fee / account holder

$104-100.0%

$2,320-100.0%

$110-100.0%

MILLER APPLE L.P. 401K PROFIT SHARING PLAN & TRUST

Summary metrics

Benchmarksi

Analytics

Service providersi

Plan features & details

Opportunity flagsi

Audit opinioni

MILLER APPLE L.P. 401K PROFIT SHARING PLAN & TRUST

Summary metrics

Benchmarksi

Analytics

Service providersi

Plan features & details

Opportunity flagsi

Audit opinioni

Benchmarks

Service providers

Opportunity flags

Audit opinion

Benchmarks

Service providers

Opportunity flags

Audit opinion