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 (2023) 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 2023

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

Prospect flagsHigh assets / participant

How to read this page

Total assets (EOY)

$3M

+21.3% from 2022

Total participants

0.0% from 2022

Average account balance

$501,502

+21.3% from 2022

Annual return

17.24%

+31.09 pp from 2022

Benchmarks

See 139,766 peers

Peer group

Industry54 - Professional, Scientific, and Technical Services

Plan typeDefined contribution

Participants<25

Cohort139,766 peers

Snapshot2023

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

1 tripped

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

$501,502

$148,623+237.4%

$135,974+268.8%

$139,466+259.6%

Participation rate

100.0%

83.9%+16.1pp

81.9%+18.1pp

80.3%+19.7pp

Annual return

17.24%

79.30%-62.1pp

68.30%-51.1pp

373.66%-356.4pp

Employer contribution / active EE

$2,379

$5,246-54.6%

$4,859-51.0%

$4,754-50.0%

Participant deferral / active EE

$14,621

$8,103+80.4%

$7,760+88.4%

$6,712+117.8%

Admin fee / account holder

$12,406-100.0%

$10,767-100.0%

$11,409-100.0%

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