Retirement plan

MASON BROTHERS 401(K) PROFIT SHARING PLAN

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

MASON BROTHERS COMPANYEIN 41-0397190Plan #001PY 2017

PO BOX 230 - WADENA, MN 564821200218-631-2220masonbrothers.comLinkedIn1-10 employeeswholesale

Prospect flagsLow returns

How to read this page

Total assets (EOY)

$16.5M

+6.7% from 2016

Total participants

280

-8.5% from 2016

Average account balance

$71,025

+4.9% from 2016

Annual return

12.91%

+7.82 pp from 2016

Benchmarks

See 2,371 peers

Peer group

Industry42 - Wholesale Trade

Plan typeDefined contribution

Participants100-249

Cohort2,371 peers

Snapshot2017

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

Analytics

Total assets (EOY)

Plan-year ending balance

$21.07M

Not enough data

1 years with asset history on file

Average account balance

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

$94K

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.

223

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.

79.9%

Not enough data

1 years with eligibility data

Contributions (total)

Employer and participant dollars contributed each year

$1.36M

Not enough data

1 years with contributions on file

Contributions per participant

Average employer and participant contribution per enrolled participant

$6K

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

+10.24%

Not enough data

1 years with return on file

Admin fee / account holder

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

$263

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 5 by compensation

Provider	Service type	Compensation
GLOBAL RETIREMENT PARTNERS LLC1 year Filed as: GLOBAL RETIREMENT PARTNERS Service code 27 · EIN 47-1411118	Advisory (Plan)	$12,316
INDEPENDENT FINANCIAL PARTNERS1 year Service code 27 · EIN 59-3331424	Advisory (Plan)	$11,204
OLSEN THIELEN & CO., LTD.3+ years Filed as: OLSEN THIELEN & CO. Service code 10 · EIN 41-1360831	Accounting	$9,776
PRUDENTIAL RETIREMENT INSURANCE AND3+ years Filed as: THE PRUDENTIAL INSURANCE COMPANY OF Service code 13 · EIN 22-1211670	Contract Administrator	$2,164
PRUDENTIAL RETIREMENT INSURANCE AND3+ years Service code 15 · EIN 06-1050034	Recordkeeping	$0

Plan features & details

Pension benefit codes2E2T2H2J2K

Plan features

2E
Profit-sharing
Profit-sharing plan.
2H
Partial participant-directed account plan
Participants have the opportunity to direct the investment of a portion 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.
2K
Code section 401(m) arrangement
Employee contributions are allocated to separate accounts under the plan or employer contributions are based in whole or in part on employee deferrals or contributions to the plan. Not applicable to 401(k) plans with only QNECs and/or QMACs or to 403(b)(1) 403(b)(7) or 408 arrangements.
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.

Opportunity flags

1 tripped

OpportunityLow returns
Annual investment return is in the bottom quintile of the peer cohort.

Expense breakdown

Schedule H Part II

Admin total

$699

$3 / participant

Other / not subdivided$699100.0%

% of EOY assets

0.004%

all-in expense ratio

Categories reported

0 / 9

subdivided buckets used

Audit opinion

Schedule H Part III

Disclaimer opinion

Auditor declined to express an opinion - usually a 103(a)(3)(C) limited-scope election.

Auditor firm: OLSEN, THIELEN & CO. , LTD
Auditor EIN: 411360831
Audit fees: (not subdivided)
Opinion code: Disclaimer

Metric

This plan

Peer set

Industry

Size

Avg account balance

$71,025

$71,192-0.2%

$117,860-39.7%

$62,293+14.0%

Participation rate

78.9%

74.2%+4.7pp

79.7%-0.7pp

69.5%+9.4pp

Annual return

12.91%

18.66%-5.7pp

335.10%-322.2pp

28.90%-16.0pp

Employer contribution / active EE

$1,954

$1,934+1.1%

$3,786-48.4%

$2,042-4.3%

Participant deferral / active EE

$2,009

$3,189-37.0%

$4,482-55.2%

$3,169-36.6%

Admin fee / account holder

$587-99.5%

$8,021-100.0%

$479-99.4%

Provider

Service type

Compensation

GLOBAL RETIREMENT PARTNERS LLC1 year

Filed as: GLOBAL RETIREMENT PARTNERS

Service code 27 · EIN 47-1411118

Advisory (Plan)

$12,316

INDEPENDENT FINANCIAL PARTNERS1 year

Service code 27 · EIN 59-3331424

Advisory (Plan)

$11,204

OLSEN THIELEN & CO., LTD.3+ years

Filed as: OLSEN THIELEN & CO.

Service code 10 · EIN 41-1360831

Accounting

$9,776

PRUDENTIAL RETIREMENT INSURANCE AND3+ years

Filed as: THE PRUDENTIAL INSURANCE COMPANY OF

Service code 13 · EIN 22-1211670

Contract Administrator

$2,164

PRUDENTIAL RETIREMENT INSURANCE AND3+ years

Service code 15 · EIN 06-1050034

Recordkeeping

MASON BROTHERS 401(K) PROFIT SHARING PLAN

Summary metrics

Benchmarksi

Analytics

Service providersi

Plan features & details

Opportunity flagsi

Expense breakdowni

Audit opinioni

MASON BROTHERS 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