Retirement plan

MATTHEWS BOOK COMPANY EMPLOYEE STOCK OWNERSHIP AND SAVINGS PLAN

Name: MMCI HOLDINGS, INC. - MATTHEWS BOOK COMPANY EMPLOYEE STOCK OWNERSHIP AND SAVINGS PLAN (2023) Form 5500
Creator: MMCI HOLDINGS, INC.
License: https://www.dol.gov/general/disclaim
Keywords: Form 5500, ERISA, retirement plan, MATTHEWS BOOK COMPANY EMPLOYEE STOCK OWNERSHIP AND SAVINGS PLAN, MMCI HOLDINGS, INC.

MMCI HOLDINGS, INC.EIN 43-0786384Plan #001PY 2023

11559 ROCK ISLAND CT. - MARYLAND HEIGHTS, MO 63043314-432-1400

Prospect flagsLow returns

How to read this page

Total assets (EOY)

$12M

+7.4% from 2022

Total participants

159

+7.4% from 2022

Average account balance

$81,985

+1.5% from 2022

Annual return

11.53%

+14.45 pp from 2022

Benchmarks

See 2,346 peers

Peer group

Industry42 - Wholesale Trade

Plan typeDefined contribution

Participants100-249

Cohort2,346 peers

Snapshot2023

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

Analytics

Total assets (EOY)

Plan-year ending balance

$13.09M

Not enough data

1 years with asset history on file

Average account balance

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

$87K

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.

150

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.

88.8%

Not enough data

1 years with eligibility data

Contributions (total)

Employer and participant dollars contributed each year

$962K

Not enough data

1 years with contributions on file

Contributions per participant

Average employer and participant contribution per enrolled participant

$11K

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

+10.90%

Not enough data

1 years with return on file

Admin fee / account holder

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

$294

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 3 by compensation

Provider	Service type	Compensation
MONETA GROUP LLC4 years Service code 27 · EIN 20-1903821	Advisory (Plan)	$21,259
EPIC RETIREMENT PLAN SERVICES6 years Service code 15 · EIN 16-1450952	Recordkeeping	$19,232
CHARLES SCHWAB & CO., INC.5 years Service code 59 · EIN 94-1737782	Shareholder Servicing	$0

Plan features & details

Pension benefit codes2E2H2J2K2O2T

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.
2O
ESOP other than a leveraged ESOP
Employee stock ownership plan that is not leveraged.
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

$41K

$405 / participant

Recordkeeping$19K47.5%
Investment mgmt$21K52.5%

% of EOY assets

0.339%

all-in expense ratio

Categories reported

2 / 9

subdivided buckets used

Audit opinion

Schedule H Part III

Unqualified opinion

Auditor signed off without reservation - the cleanest possible opinion.

Auditor firm: RUBIN BROWN
Auditor EIN: 430765316
Audit fees: (not subdivided)
Opinion code: Unqualified

Metric

This plan

Peer set

Industry

Size

Avg account balance

$81,985

$83,045-1.3%

$130,045-37.0%

$71,511+14.6%

Participation rate

87.0%

74.1%+12.9pp

78.5%+8.5pp

67.9%+19.1pp

Annual return

11.53%

20.61%-9.1pp

-137.30%+148.8pp

28.86%-17.3pp

Employer contribution / active EE

$4,530

$2,623+72.7%

$4,321+4.8%

$2,589+75.0%

Participant deferral / active EE

$3,377

$4,436-23.9%

$5,820-42.0%

$4,291-21.3%

Admin fee / account holder

$278

$1,727-83.9%

$10,600-97.4%

$1,588-82.5%

Provider

Service type

Compensation

MONETA GROUP LLC4 years

Service code 27 · EIN 20-1903821

Advisory (Plan)

$21,259

EPIC RETIREMENT PLAN SERVICES6 years

Service code 15 · EIN 16-1450952

Recordkeeping

$19,232

CHARLES SCHWAB & CO., INC.5 years

Service code 59 · EIN 94-1737782

Shareholder Servicing

MATTHEWS BOOK COMPANY EMPLOYEE STOCK OWNERSHIP AND SAVINGS PLAN

Summary metrics

Benchmarksi

Analytics

Service providersi

Plan features & details

Opportunity flagsi

Expense breakdowni

Audit opinioni

MATTHEWS BOOK COMPANY EMPLOYEE STOCK OWNERSHIP 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