Retirement plan

THE MOSCOE GROUP, INC. 401(K) PLAN

Name: THE MOSCOE GROUP, INC. - THE MOSCOE GROUP, INC. 401(K) PLAN (2023) Form 5500
Creator: THE MOSCOE GROUP, INC.
License: https://www.dol.gov/general/disclaim
Keywords: Form 5500, ERISA, retirement plan, THE MOSCOE GROUP, INC. 401(K) PLAN, THE MOSCOE GROUP, INC.

THE MOSCOE GROUP, INC.EIN 41-0879573Plan #005PY 2023

10900 WAYZATA BLVD, STE 600 - MINNETONKA, MN 55305952-829-7850moscoe.comLinkedIn51-200 employeesretail

Prospect flagsHigh fees

How to read this page

Total assets (EOY)

$29.7M

+17.2% from 2022

Total participants

176

-20.7% from 2022

Average account balance

$172,916

+18.5% from 2022

Annual return

17.42%

+34.89 pp from 2022

Benchmarks

See 6,234 peers

Peer group

Industry54 - Professional, Scientific, and Technical Services

Plan typeDefined contribution

Participants100-249

Cohort6,234 peers

Snapshot2023

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

Analytics

Total assets (EOY)

Plan-year ending balance

$34.67M

Not enough data

1 years with asset history on file

Average account balance

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

$214K

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.

162

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.

97.7%

Not enough data

1 years with eligibility data

Contributions (total)

Employer and participant dollars contributed each year

$1.80M

Not enough data

1 years with contributions on file

Contributions per participant

Average employer and participant contribution per enrolled participant

$14K

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

+14.02%

Not enough data

1 years with return on file

Admin fee / account holder

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

$767

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 1 by compensation

Provider	Service type	Compensation
BENEFIT PLANS ADMIN SERVICES, INC.2 years Service code 15 · EIN 16-1503696	Recordkeeping	$89,676

Plan features & details

Pension benefit codes2E2F2G2J2R3D3H

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.
2R
Participant-directed brokerage accounts
Participant-directed brokerage accounts provided as an investment option under the plan.
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.
3H
Controlled group member
Plan sponsor(s) is (are) a member(s) of a controlled group (Code sections 414(b) (c) or (m)).

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

$103K

$750 / participant

Contract admin$103K100.0%

% of EOY assets

0.345%

all-in expense ratio

Categories reported

1 / 9

subdivided buckets used

Audit opinion

Schedule H Part III

Unqualified opinion

Auditor signed off without reservation - the cleanest possible opinion.

Auditor firm: MAHONEYULBRICHRISTAINSEN&RUSS PA
Auditor EIN: 411647057
Audit fees: (not subdivided)
Opinion code: Unqualified

Metric

This plan

Peer set

Industry

Size

Avg account balance

$172,916

$91,424+89.1%

$135,942+27.2%

$71,495+141.9%

Participation rate

97.1%

75.7%+21.4pp

81.9%+15.2pp

67.9%+29.1pp

Annual return

17.42%

29.90%-12.5pp

68.28%-50.9pp

28.85%-11.4pp

Employer contribution / active EE

$3,914

$3,704+5.7%

$4,858-19.4%

$2,589+51.2%

Participant deferral / active EE

$9,167

$7,092+29.3%

$7,759+18.2%

$4,291+113.7%

Admin fee / account holder

$597

$1,266-52.8%

$10,764-94.5%

$1,588-62.4%

Provider

Service type

Compensation

BENEFIT PLANS ADMIN SERVICES, INC.2 years

Service code 15 · EIN 16-1503696

Recordkeeping

$89,676

THE MOSCOE GROUP, INC. 401(K) PLAN

Summary metrics

Benchmarksi

Analytics

Service providersi

Plan features & details

Opportunity flagsi

Expense breakdowni

Audit opinioni

THE MOSCOE GROUP, INC. 401(K) 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