Retirement plan

MCMAHON-VELTUS S C 401K PROFIT SHARING PLAN & TR NO 001

Name: MCMAHON-VELTUS, S.C. - MCMAHON-VELTUS S C 401K PROFIT SHARING PLAN & TR NO 001 (2018) Form 5500
Creator: MCMAHON-VELTUS, S.C.
License: https://www.dol.gov/general/disclaim
Keywords: Form 5500, ERISA, retirement plan, MCMAHON-VELTUS S C 401K PROFIT SHARING PLAN & TR NO 001, MCMAHON-VELTUS, S.C.

MCMAHON-VELTUS, S.C.EIN 39-1597990Plan #001PY 2018

7033 WASHINGTON AVE SUITE 103 - MOUNT PLEASANT, WI 534066524262-886-3536mcmahonveltus.comLinkedIn1-10 employeesaccounting

Prospect flagsHigh assets / participantLow fidelity bond

How to read this page

Total assets (EOY)

$1.7M

-1.9% from 2017

Total participants

+20.0% from 2017

Average account balance

$289,704

-18.3% from 2017

Annual return

-6.96%

-21.39 pp from 2017

Benchmarks

See 116,756 peers

Peer group

Industry54 - Professional, Scientific, and Technical Services

Plan typeDefined contribution

Participants<25

Cohort116,756 peers

Snapshot2018

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

Analytics

Total assets (EOY)

Plan-year ending balance

$3.41M

Not enough data

1 years with asset history on file

Average account balance

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

$682K

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.

100.0%

Not enough data

1 years with eligibility data

Contributions (total)

Employer and participant dollars contributed each year

$97K

Not enough data

1 years with contributions on file

Contributions per participant

Average employer and participant contribution per enrolled participant

$19K

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

+16.15%

Not enough data

1 years with return on file

Admin fee / account holder

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

$36971

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 codes2J2G

Plan features

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.

Opportunity flags

2 tripped

ComplianceLow fidelity bond
Fidelity bond coverage is below the ERISA section 412 10%-of-assets minimum (capped at $500,000).
InformationalHigh assets / participant
Assets per participant exceed $250,000 - top-decile high-value plan.

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

$289,704

$138,076+109.8%

$123,553+134.5%

$135,380+114.0%

Participation rate

100.0%

84.7%+15.3pp

82.3%+17.7pp

82.6%+17.4pp

Annual return

-6.96%

153.70%-160.7pp

119.21%-126.2pp

519.81%-526.8pp

Employer contribution / active EE

$3,287

$5,152-36.2%

$4,628-29.0%

$4,779-31.2%

Participant deferral / active EE

$11,641

$6,800+71.2%

$6,426+81.2%

$5,609+107.5%

Admin fee / account holder

$10,917-100.0%

$9,284-100.0%

$10,828-100.0%

MCMAHON-VELTUS S C 401K PROFIT SHARING PLAN & TR NO 001

Summary metrics

Benchmarksi

Analytics

Service providersi

Plan features & details

Opportunity flagsi

Audit opinioni

MCMAHON-VELTUS S C 401K PROFIT SHARING PLAN & TR NO 001

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