Retirement plan

ELM STREET EMPLOYEES' PROFIT SHARING AND SAVINGS PLAN

Name: MURPHY WAREHOUSE COMPANY - ELM STREET EMPLOYEES' PROFIT SHARING AND SAVINGS PLAN (2016) Form 5500
Creator: MURPHY WAREHOUSE COMPANY
License: https://www.dol.gov/general/disclaim
Keywords: Form 5500, ERISA, retirement plan, ELM STREET EMPLOYEES' PROFIT SHARING AND SAVINGS PLAN, MURPHY WAREHOUSE COMPANY

MURPHY WAREHOUSE COMPANYEIN 41-0796504Plan #333PY 2016

701 24TH AVE. SE - MINNEAPOLIS, MN 55414612-623-1216

Other plans on this EIN

2 filings

#003Retirement-$3.6M assets #004Retirement-$365K assets

Prospect flagsHigh fees

How to read this page

Total assets (EOY)

$7.9M

+14.6% from 2015

Total participants

+4.7% from 2015

Average account balance

$99,670

+5.9% from 2015

Annual return

12.01%

+11.63 pp from 2015

Benchmarks

See 458 peers

Peer group

Industry49 - Transportation and Warehousing

Plan typeDefined contribution

Participants25-99

Cohort458 peers

Snapshot2016

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

Analytics

Total assets (EOY)

Plan-year ending balance

$238K

Not enough data

1 years with asset history on file

Average account balance

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

$79K

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.

150.0%

Not enough data

1 years with eligibility data

Contributions (total)

Employer and participant dollars contributed each year

$19K

Not enough data

1 years with contributions on file

Contributions per participant

Average employer and participant contribution per enrolled participant

$9K

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

+17.49%

Not enough data

1 years with return on file

Admin fee / account holder

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

$554317

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 codes2E2F2G2J2T3D3B

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

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

$220K

$2711 / participant

Other / not subdivided$220K100.0%

% of EOY assets

2.789%

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

$99,670

$48,300+106.4%

$40,145,923-99.8%

$62,881+58.5%

Participation rate

86.4%

62.0%+24.4pp

68.4%+18.0pp

69.3%+17.1pp

Annual return

12.01%

6.95%+5.1pp

5.24%+6.8pp

20.14%-8.1pp

Employer contribution / active EE

$1,731

$1,333+29.9%

$1,844-6.1%

$2,281-24.1%

Participant deferral / active EE

$2,844

$2,388+19.1%

$2,591+9.8%

$3,203-11.2%

Admin fee / account holder

$2,779

$2,919-4.8%

$2,903-4.3%

$4,296-35.3%

ELM STREET EMPLOYEES' PROFIT SHARING AND SAVINGS PLAN

Summary metrics

Benchmarksi

Analytics

Service providersi

Plan features & details

Opportunity flagsi

Expense breakdowni

Audit opinioni

ELM STREET EMPLOYEES' PROFIT SHARING AND 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