Retirement plan

MIDWEST INDUSTRIAL RUBBER, INC. 401(K) PLAN

Name: MIDWEST INDUSTRIAL RUBBER, INC. - MIDWEST INDUSTRIAL RUBBER, INC. 401(K) PLAN (2017) Form 5500
Creator: MIDWEST INDUSTRIAL RUBBER, INC.
License: https://www.dol.gov/general/disclaim
Keywords: Form 5500, ERISA, retirement plan, MIDWEST INDUSTRIAL RUBBER, INC. 401(K) PLAN, MIDWEST INDUSTRIAL RUBBER, INC.

MIDWEST INDUSTRIAL RUBBER, INC.EIN 43-1187912Plan #001PY 2017

10431 MIDWEST INDUSTRIAL DRIVE - ST. LOUIS, MO 63132314-227-2150

Prospect flagsNo flags tripped

How to read this page

Total assets (EOY)

$17.2M

-1.5% from 2016

Total participants

289

+6.6% from 2016

Average account balance

$59,661

-7.6% from 2016

Annual return

13.63%

+3.60 pp from 2016

Benchmarks

See 1,975 peers

Peer group

Industry32 - Manufacturing

Plan typeDefined contribution

Participants100-249

Cohort1,975 peers

Snapshot2017

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

Analytics

Total assets (EOY)

Plan-year ending balance

$87.47M

Not enough data

1 years with asset history on file

Average account balance

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

$73K

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.

1,205

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.

97.4%

Not enough data

1 years with eligibility data

Contributions (total)

Employer and participant dollars contributed each year

$8.33M

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

+13.63%

Not enough data

1 years with return on file

Admin fee / account holder

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

$193

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 2 by compensation

Provider	Service type	Compensation
MARINER LLC2 years Filed as: MARINER RETIREMENT ADVISORS Service code 26 · EIN 61-1740806	Advisory (Participants)	$25,429
CBIZ RETIREMENT PLAN SERVICES1 year Filed as: CBIZ FINANCIAL SOLUTIONS, INC. Service code 26 · EIN 52-1396995	Advisory (Participants)	$5,677

Plan features & details

Pension benefit codes2E2F2G2J2T3D

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.
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

0 tripped

No flags tripped for this filing year. This plan looks clean.

Expense breakdown

Schedule H Part II

Admin total

$31K

$176 / participant

Investment mgmt$31K100.0%

% of EOY assets

0.180%

all-in expense ratio

Categories reported

1 / 9

subdivided buckets used

Audit opinion

Schedule H Part III

Disclaimer opinion

Auditor declined to express an opinion - usually a 103(a)(3)(C) limited-scope election.

Auditor firm: BKD, LLP
Auditor EIN: 440160260
Audit fees: (not subdivided)
Opinion code: Disclaimer

Metric

This plan

Peer set

Industry

Size

Avg account balance

$59,661

$63,314-5.8%

$91,004-34.4%

$62,293-4.2%

Participation rate

100.0%

73.3%+26.7pp

75.6%+24.4pp

69.5%+30.5pp

Annual return

13.63%

21.00%-7.4pp

4.60%+9.0pp

28.90%-15.3pp

Employer contribution / active EE

$2,613

$1,807+44.6%

$2,456+6.4%

$2,042+27.9%

Participant deferral / active EE

$4,915

$2,944+67.0%

$3,548+38.6%

$3,169+55.1%

Admin fee / account holder

$108

$468-77.0%

$5,417-98.0%

$479-77.5%

Provider

Service type

Compensation

MARINER LLC2 years

Filed as: MARINER RETIREMENT ADVISORS

Service code 26 · EIN 61-1740806

Advisory (Participants)

$25,429

CBIZ RETIREMENT PLAN SERVICES1 year

Filed as: CBIZ FINANCIAL SOLUTIONS, INC.

Service code 26 · EIN 52-1396995

Advisory (Participants)

$5,677

MIDWEST INDUSTRIAL RUBBER, INC. 401(K) PLAN

Summary metrics

Benchmarksi

Analytics

Service providersi

Plan features & details

Opportunity flagsi

Expense breakdowni

Audit opinioni

MIDWEST INDUSTRIAL RUBBER, 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