Retirement plan

MECHANICAL BREAKDOWN PROTECTION, INC. EMPLOYEE STOCK OWNERSHIP PLAN

Name: MECHANICAL BREAKDOWN PROTECTION, INC. - MECHANICAL BREAKDOWN PROTECTION, INC. EMPLOYEE STOCK OWNERSHIP PLAN (2018) Form 5500
Creator: MECHANICAL BREAKDOWN PROTECTION, INC.
License: https://www.dol.gov/general/disclaim
Keywords: Form 5500, ERISA, retirement plan, MECHANICAL BREAKDOWN PROTECTION, INC. EMPLOYEE STOCK OWNERSHIP PLAN, MECHANICAL BREAKDOWN PROTECTION, INC.

MECHANICAL BREAKDOWN PROTECTION, INC.EIN 43-1265395Plan #003PY 2018

250 NE MULBERRY - LEES SUMMIT, MO 640865880816-347-0900

Other plans on this EIN

1 filing

#002Retirement-$5.0M assets

Prospect flagsHigh feesHigh assets / participant

How to read this page

Total assets (EOY)

$12.1M

+8.0% from 2017

Total participants

+2.9% from 2017

Average account balance

$336,500

+5.0% from 2017

Annual return

6.96%

-20.96 pp from 2017

Benchmarks

See 8,161 peers

Peer group

Industry81 - Other Services (except Public Administration)

Plan typeDefined contribution

Participants25-99

Cohort8,161 peers

Snapshot2018

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

Analytics

Total assets (EOY)

Plan-year ending balance

$18.91M

Not enough data

1 years with asset history on file

Average account balance

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

$498K

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.

100.0%

Not enough data

1 years with eligibility data

Contributions (total)

Employer and participant dollars contributed each year

$1.35M

Not enough data

1 years with contributions on file

Contributions per participant

Average employer and participant contribution per enrolled participant

$37K

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

-0.42%

Not enough data

1 years with return on file

Admin fee / account holder

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

$35868

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 codes2P2I3I

Plan features

2I
Stock bonus
Stock bonus plan.
2P
Leveraged ESOP
Employee stock ownership plan that acquires employer securities with borrowed money or other debt-financing techniques.
3I
Employer securities investment required
Plan requiring that all or part of employer contributions be invested and held at least for a limited period in employer securities.

Opportunity flags

2 tripped

OpportunityHigh fees
Administrative expenses exceed $300 per participant per year - possible fee-review opportunity. (Recordkeeping / audit / legal; excludes investment management.)
InformationalHigh assets / participant
Assets per participant exceed $250,000 - top-decile high-value plan.

Expense breakdown

Schedule H Part II

Admin total

$233K

$7527 / participant

Other / not subdivided$233K100.0%

% of EOY assets

1.926%

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

$336,500

$49,177+584.3%

$79,466+323.5%

$64,173+424.4%

Participation rate

100.0%

65.0%+35.0pp

73.3%+26.7pp

69.6%+30.4pp

Annual return

6.96%

-1.16%+8.1pp

718.28%-711.3pp

7.63%-0.7pp

Employer contribution / active EE

$9,969

$2,076+380.2%

$2,800+256.0%

$2,381+318.7%

Participant deferral / active EE

$2,821-100.0%

$3,704-100.0%

$3,470-100.0%

Admin fee / account holder

$6,481

$3,839+68.8%

$5,104+27.0%

$4,887+32.6%

MECHANICAL BREAKDOWN PROTECTION, INC. EMPLOYEE STOCK OWNERSHIP PLAN

Summary metrics

Benchmarksi

Analytics

Service providersi

Plan features & details

Opportunity flagsi

Expense breakdowni

Audit opinioni

MECHANICAL BREAKDOWN PROTECTION, INC. EMPLOYEE STOCK OWNERSHIP 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