Retirement plan

ADVISORS MANAGEMENT GROUP, INC. 401(K) PROFIT SHARING PLAN

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

ADVISORS MANAGEMENT GROUP, INC.EIN 41-1619602Plan #002PY 2016

107 W MAIN ST - LITTLE CHUTE, WI 54140608-782-0200advisorsmanagement.comLinkedIn11-50 employeesfinancial services

Other plans on this EIN

1 filing

#004Retirement-$926K assets

Prospect flagsHigh feesLow participant contribution

How to read this page

Total assets (EOY)

$2.2M

-2.2% from 2015

Total participants

+3.7% from 2015

Average account balance

$82,743

-2.2% from 2015

Annual return

9.87%

+12.24 pp from 2015

Benchmarks

See 30,342 peers

Peer group

Industry52 - Finance and Insurance

Plan typeDefined contribution

Participants<25

Cohort30,342 peers

Snapshot2016

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

Analytics

Total assets (EOY)

Plan-year ending balance

$4.19M

Not enough data

1 years with asset history on file

Average account balance

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

$131K

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.

128.0%

Not enough data

1 years with eligibility data

Contributions (total)

Employer and participant dollars contributed each year

$661K

Not enough data

1 years with contributions on file

Contributions per participant

Average employer and participant contribution per enrolled participant

$26K

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

+19.22%

Not enough data

1 years with return on file

Admin fee / account holder

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

$4723

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 codes2E2F2G2R3D

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.
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.

Opportunity flags

2 tripped

OpportunityLow participant contribution
Participant contribution per participant is in the bottom quintile of the peer cohort.
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

$332K

$17460 / participant

Other / not subdivided$332K100.0%

% of EOY assets

14.849%

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

$82,743

$153,769-46.2%

$133,975-38.2%

$273,972-69.8%

Participation rate

94.7%

88.4%+6.4pp

87.1%+7.7pp

83.0%+11.7pp

Annual return

9.87%

36.51%-26.6pp

29.29%-19.4pp

41.46%-31.6pp

Employer contribution / active EE

$1,742

$6,029-71.1%

$5,211-66.6%

$4,869-64.2%

Participant deferral / active EE

$1,253

$6,958-82.0%

$6,282-80.1%

$5,287-76.3%

Admin fee / account holder

$12,287

$11,765+4.4%

$9,324+31.8%

$10,133+21.3%

ADVISORS MANAGEMENT GROUP, INC. 401(K) PROFIT SHARING PLAN

Summary metrics

Benchmarksi

Analytics

Service providersi

Plan features & details

Opportunity flagsi

Expense breakdowni

Audit opinioni

ADVISORS MANAGEMENT GROUP, 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