Retirement plan

MIDWEST REFRIGERATION SERVICE & SUPPLY CO., INC. DBA MIDWEST MECHANICAL SERVICES & SOLUTIONS SAFE HARBOR 401K PSP

Name: MIDWEST REFRIGERATION SERVICE & SUPPLY COMPANY, INC. - MIDWEST REFRIGERATION SERVICE & SUPPLY CO., INC. DBA MIDWEST MECHANICAL SERVICES & SOLUTIONS SAFE HARBOR 401K PSP (2015) Form 5500
Creator: MIDWEST REFRIGERATION SERVICE & SUPPLY COMPANY, INC.
License: https://www.dol.gov/general/disclaim
Keywords: Form 5500, ERISA, retirement plan, MIDWEST REFRIGERATION SERVICE & SUPPLY CO., INC. DBA MIDWEST MECHANICAL SERVICES & SOLUTIONS SAFE HARBOR 401K PSP, MIDWEST REFRIGERATION SERVICE & SUPPLY COMPANY, INC.

MIDWEST REFRIGERATION SERVICE & SUPPLY COMPANY, INC.dba MIDWEST MECHANICAL SERVICES & SOLUTIONSEIN 43-0951887Plan #001PY 2015

2324 CENTERLINE INDUSTRIAL DRIVE - SAINT LOUIS, MO 63146314-973-0235

Prospect flagsHigh fees

How to read this page

Total assets (EOY)

$868K

No prior year

Total participants

No prior year

Average account balance

$72,348

No prior year

Annual return

-0.88%

No prior year

Benchmarks

See 30,165 peers

Peer group

Industry23 - Construction

Plan typeDefined contribution

Participants<25

Cohort30,165 peers

Snapshot2015

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

Analytics

Total assets (EOY)

Plan-year ending balance

$2.27M

Not enough data

1 years with asset history on file

Average account balance

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

$207K

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.

68.8%

Not enough data

1 years with eligibility data

Contributions (total)

Employer and participant dollars contributed each year

$173K

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

+10.22%

Not enough data

1 years with return on file

Admin fee / account holder

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

$12141

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 codes2E2F2J2R3D

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).
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.

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

$4K

$298 / participant

Other / not subdivided$4K100.0%

% of EOY assets

0.514%

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

$72,348

$87,542-17.4%

$75,782-4.5%

$125,393-42.3%

Participation rate

80.0%

80.2%-0.2pp

75.8%+4.2pp

83.2%-3.2pp

Annual return

-0.88%

13.48%-14.4pp

9.68%-10.6pp

282.23%-283.1pp

Employer contribution / active EE

$1,998

$3,930-49.2%

$3,323-39.9%

$4,866-58.9%

Participant deferral / active EE

$5,282

$4,229+24.9%

$3,652+44.7%

$5,351-1.3%

Admin fee / account holder

$372

$6,502-94.3%

$5,300-93.0%

$9,541-96.1%

MIDWEST REFRIGERATION SERVICE & SUPPLY CO., INC. DBA MIDWEST MECHANICAL SERVICES & SOLUTIONS SAFE HARBOR 401K PSP

Summary metrics

Benchmarksi

Analytics

Service providersi

Plan features & details

Opportunity flagsi

Expense breakdowni

Audit opinioni

MIDWEST REFRIGERATION SERVICE & SUPPLY CO., INC. DBA MIDWEST MECHANICAL SERVICES & SOLUTIONS SAFE HARBOR 401K PSP

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