Retirement plan

R. MUELLER SERVICE & EQUIPMENT CO., INC. RETIREMENT SAVINGS PLAN

Name: R. MUELLER SERVICE & EQUIPMENT CO.,INC - R. MUELLER SERVICE & EQUIPMENT CO., INC. RETIREMENT SAVINGS PLAN (2023) Form 5500
Creator: R. MUELLER SERVICE & EQUIPMENT CO.,INC
License: https://www.dol.gov/general/disclaim
Keywords: Form 5500, ERISA, retirement plan, R. MUELLER SERVICE & EQUIPMENT CO., INC. RETIREMENT SAVINGS PLAN, R. MUELLER SERVICE & EQUIPMENT CO.,INC

R. MUELLER SERVICE & EQUIPMENT CO.,INCEIN 39-1579172Plan #001PY 2023

221 N. 29TH AVE - MONROE, WI 53566608-328-8362

Prospect flagsLow returnsHigh fees

How to read this page

Total assets (EOY)

$1.1M

-39.7% from 2022

Total participants

+30.8% from 2022

Average account balance

$71,875

-47.8% from 2022

Annual return

9.06%

+24.25 pp from 2022

Benchmarks

See 41,854 peers

Peer group

Industry81 - Other Services (except Public Administration)

Plan typeDefined contribution

Participants<25

Cohort41,854 peers

Snapshot2023

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

Analytics

Total assets (EOY)

Plan-year ending balance

$1.36M

Not enough data

1 years with asset history on file

Average account balance

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

$151K

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.

225.0%

Not enough data

1 years with eligibility data

Contributions (total)

Employer and participant dollars contributed each year

$27K

Not enough data

1 years with contributions on file

Contributions per participant

Average employer and participant contribution per enrolled participant

$7K

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

+19.05%

Not enough data

1 years with return on file

Admin fee / account holder

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

$1462

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 codes2E2F2G2J2T3B3D

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.
2T
Default investment account
Total or partial participant-directed account plan where plan uses a default investment account for participants who fail to direct assets in their account.
3B
Plan covering self-employed individuals
Plan covering self-employed individuals.
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

$930K

$103377 / participant

Other / not subdivided$930K100.0%

% of EOY assets

86.297%

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

$71,875

$96,643-25.6%

$86,617-17.0%

$139,456-48.5%

Participation rate

77.8%

74.4%+3.4pp

71.7%+6.1pp

80.3%-2.5pp

Annual return

9.06%

106.57%-97.5pp

591.91%-582.9pp

373.45%-364.4pp

Employer contribution / active EE

$1,305

$3,264-60.0%

$3,023-56.8%

$4,753-72.5%

Participant deferral / active EE

$3,800

$4,835-21.4%

$4,437-14.4%

$6,711-43.4%

Admin fee / account holder

$62,026

$6,406+868.2%

$5,613+1005.1%

$11,407+443.8%

R. MUELLER SERVICE & EQUIPMENT CO., INC. RETIREMENT SAVINGS PLAN

Summary metrics

Benchmarksi

Analytics

Service providersi

Plan features & details

Opportunity flagsi

Expense breakdowni

Audit opinioni

R. MUELLER SERVICE & EQUIPMENT CO., INC. RETIREMENT SAVINGS 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