Retirement plan

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

Name: MCMAHON ASSOCIATES, INC. - MCMAHON ASSOCIATES, INC. 401(K) PROFIT SHARING PLAN (2019) 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 2019

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

Prospect flagsLow returnsHigh fees

How to read this page

Total assets (EOY)

$31.7M

+19.4% from 2018

Total participants

130

+8.3% from 2018

Average account balance

$249,568

+11.9% from 2018

Annual return

19.86%

+26.63 pp from 2018

Benchmarks

See 5,552 peers

Peer group

Industry54 - Professional, Scientific, and Technical Services

Plan typeDefined contribution

Participants100-249

Cohort5,552 peers

Snapshot2019

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 MANAGEMENT3 years Filed as: BRONFMAN ROTHSCHILD Service code 10 · EIN 39-1908691	Accounting	$80,973
RBC WEALTH MANAGEMENT3 years Service code 26 717 N. MCCARTHY ROAD · APPLETON, WI 54913	Advisory (Participants)	$19,269

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

2 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.

Expense breakdown

Schedule H Part II

Admin total

$101K

$823 / participant

Investment mgmt$84K82.8%
Other / not subdivided$17K17.2%

% of EOY assets

0.319%

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

$249,568

$89,652+178.4%

$141,197+76.8%

$65,186+282.9%

Participation rate

97.6%

74.7%+22.9pp

82.5%+15.1pp

70.2%+27.4pp

Annual return

19.86%

32.79%-12.9pp

71.41%-51.5pp

29.39%-9.5pp

Employer contribution / active EE

$2,759

$3,065-10.0%

$4,736-41.8%

$2,177+26.7%

Participant deferral / active EE

$3,435

$5,691-39.6%

$6,710-48.8%

$3,514-2.2%

Admin fee / account holder

$797

$569+40.2%

$10,265-92.2%

$847-5.9%

Provider

Service type

Compensation

ROTHSCHILD ASSET MANAGEMENT3 years

Filed as: BRONFMAN ROTHSCHILD

Service code 10 · EIN 39-1908691

Accounting

$80,973

RBC WEALTH MANAGEMENT3 years

Service code 26

717 N. MCCARTHY ROAD · APPLETON, WI 54913

Advisory (Participants)

$19,269

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