Retirement plan

MCMAHON ASSOCIATES, INC. 401(K) PROFIT SHARING PLAN

Name: MCMAHON ASSOCIATES, INC. - MCMAHON ASSOCIATES, INC. 401(K) PROFIT SHARING PLAN (2017) Form 5500
Creator: MCMAHON ASSOCIATES, INC.
License: https://www.dol.gov/general/disclaim
Keywords: Form 5500, ERISA, retirement plan, MCMAHON ASSOCIATES, INC. 401(K) PROFIT SHARING PLAN, MCMAHON ASSOCIATES, INC.

MCMAHON ASSOCIATES, INC.EIN 39-0735791Plan #001PY 2017

P.O. BOX 1025 - NEENAH, WI 549571025920-751-4200mcmgrp.comLinkedIn51-200 employeescivil engineering

Prospect flagsLow returnsHigh feesCorrective distributions

How to read this page

Total assets (EOY)

$28M

+3.0% from 2016

Total participants

116

+4.5% from 2016

Average account balance

$241,242

-2.4% from 2016

Annual return

14.51%

+7.18 pp from 2016

Benchmarks

See 5,160 peers

Peer group

Industry54 - Professional, Scientific, and Technical Services

Plan typeDefined contribution

Participants100-249

Cohort5,160 peers

Snapshot2017

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

Analytics

Total assets (EOY)

Plan-year ending balance

$37.21M

Not enough data

1 years with asset history on file

Average account balance

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

$295K

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.

126

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.

99.1%

Not enough data

1 years with eligibility data

Contributions (total)

Employer and participant dollars contributed each year

$2.59M

Not enough data

1 years with contributions on file

Contributions per participant

Average employer and participant contribution per enrolled participant

$23K

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

+13.07%

Not enough data

1 years with return on file

Admin fee / account holder

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

$950

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 2 by compensation

Provider	Service type	Compensation
ROTHSCHILD ASSET MANAGEMENT1 year Filed as: BRONFMAN ROTHSCHILD Service code 10 · EIN 39-1908691	Accounting	$73,205
RBC WEALTH MANAGEMENT1 year Service code 26 717 N. MCCARTHY ROAD · APPLETON, WI 54913	Advisory (Participants)	$20,951

Plan features & details

Pension benefit codes2E2G2J2R3D2F

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.
2R
Participant-directed brokerage accounts
Participant-directed brokerage accounts provided as an investment option under the plan.
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

3 tripped

OpportunityHigh fees
Administrative expenses exceed $300 per participant per year - possible fee-review opportunity. (Recordkeeping / audit / legal; excludes investment management.)
OpportunityLow returns
Annual investment return is in the bottom quintile of the peer cohort.
ComplianceCorrective distributions
Plan reported corrective distributions (failed ADP/ACP testing).

Expense breakdown

Schedule H Part II

Admin total

$94K

$833 / participant

Investment mgmt$77K81.3%
Other / not subdivided$18K18.7%

% of EOY assets

0.336%

all-in expense ratio

Categories reported

1 / 9

subdivided buckets used

Audit opinion

Schedule H Part III

Unqualified opinion

Auditor signed off without reservation - the cleanest possible opinion.

Auditor firm: ERICKSON & ASSOCIATES, S.C.
Auditor EIN: 391520996
Audit fees: (not subdivided)
Opinion code: Unqualified

Metric

This plan

Peer set

Industry

Size

Avg account balance

$241,242

$80,753+198.7%

$136,298+77.0%

$62,293+287.3%

Participation rate

100.0%

73.5%+26.5pp

81.9%+18.1pp

69.5%+30.5pp

Annual return

14.51%

35.83%-21.3pp

5156.27%-5141.8pp

28.90%-14.4pp

Employer contribution / active EE

$5,544

$2,884+92.3%

$4,696+18.1%

$2,042+171.5%

Participant deferral / active EE

$3,581

$5,164-30.7%

$6,247-42.7%

$3,169+13.0%

Admin fee / account holder

$812

$525+54.5%

$9,244-91.2%

$479+69.3%

Provider

Service type

Compensation

ROTHSCHILD ASSET MANAGEMENT1 year

Filed as: BRONFMAN ROTHSCHILD

Service code 10 · EIN 39-1908691

Accounting

$73,205

RBC WEALTH MANAGEMENT1 year

Service code 26

717 N. MCCARTHY ROAD · APPLETON, WI 54913

Advisory (Participants)

$20,951

MCMAHON ASSOCIATES, INC. 401(K) PROFIT SHARING PLAN

Summary metrics

Benchmarksi

Analytics

Service providersi

Plan features & details

Opportunity flagsi

Expense breakdowni

Audit opinioni

MCMAHON ASSOCIATES, INC. 401(K) PROFIT SHARING 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