Retirement plan

MINNETONKA MOCCASIN CO., INC. 401(K) PROFIT SHARING PLAN

Name: MINNETONKA MOCCASIN COMPANY, INC. - MINNETONKA MOCCASIN CO., INC. 401(K) PROFIT SHARING PLAN (2016) Form 5500
Creator: MINNETONKA MOCCASIN COMPANY, INC.
License: https://www.dol.gov/general/disclaim
Keywords: Form 5500, ERISA, retirement plan, MINNETONKA MOCCASIN CO., INC. 401(K) PROFIT SHARING PLAN, MINNETONKA MOCCASIN COMPANY, INC.

MINNETONKA MOCCASIN COMPANY, INC.EIN 41-0647360Plan #002PY 2016

1113 EAST HENNEPIN AVENUE - MINNEAPOLIS, MN 55414612-331-8493

Other plans on this EIN

1 filing

#001Retirement-$2.7M assets

Prospect flagsHigh fees

How to read this page

Total assets (EOY)

$9.3M

No prior year

Total participants

No prior year

Average account balance

$107,153

No prior year

Annual return

5.14%

No prior year

Benchmarks

See 9,335 peers

Peer group

Industry42 - Wholesale Trade

Plan typeDefined contribution

Participants25-99

Cohort9,335 peers

Snapshot2016

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

Analytics

Total assets (EOY)

Plan-year ending balance

$12.75M

Not enough data

1 years with asset history on file

Average account balance

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

$202K

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.

95.5%

Not enough data

1 years with eligibility data

Contributions (total)

Employer and participant dollars contributed each year

$225K

Not enough data

1 years with contributions on file

Contributions per participant

Average employer and participant contribution per enrolled participant

$3K

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

+25.34%

Not enough data

1 years with return on file

Admin fee / account holder

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

$14791

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 codes2E2F2G2T3B3D

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.
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

1 tripped

OpportunityHigh fees
Administrative expenses exceed $300 per participant per year - possible fee-review opportunity. (Recordkeeping / audit / legal; excludes investment management.)

Expense breakdown

Schedule H Part II

Admin total

$515K

$6861 / participant

Other / not subdivided$515K100.0%

% of EOY assets

5.520%

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

$107,153

$69,977+53.1%

$108,582-1.3%

$62,881+70.4%

Participation rate

92.0%

72.9%+19.1pp

79.6%+12.4pp

69.3%+22.7pp

Annual return

5.14%

10.73%-5.6pp

-51.70%+56.8pp

20.14%-15.0pp

Employer contribution / active EE

$9,508

$2,135+345.4%

$3,758+153.0%

$2,281+316.9%

Participant deferral / active EE

$1,913

$3,165-39.6%

$4,311-55.6%

$3,203-40.3%

Admin fee / account holder

$5,915

$5,076+16.5%

$7,645-22.6%

$4,296+37.7%

MINNETONKA MOCCASIN CO., INC. 401(K) PROFIT SHARING PLAN

Summary metrics

Benchmarksi

Analytics

Service providersi

Plan features & details

Opportunity flagsi

Expense breakdowni

Audit opinioni

MINNETONKA MOCCASIN CO., 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