Retirement plan

MEL STEVENSON AND ASSOCIATES INC 401K PLAN

Name: MEL STEVENSON AND ASSOCIATES INC - MEL STEVENSON AND ASSOCIATES INC 401K PLAN (2019) Form 5500
Creator: MEL STEVENSON AND ASSOCIATES INC
License: https://www.dol.gov/general/disclaim
Keywords: Form 5500, ERISA, retirement plan, MEL STEVENSON AND ASSOCIATES INC 401K PLAN, MEL STEVENSON AND ASSOCIATES INC

MEL STEVENSON AND ASSOCIATES INCEIN 43-1369879Plan #003PY 2019

2840 ROE LANE - KANSAS CITY, KS 66103913-384-0804LinkedIn501-1000 employeescomputer software

Prospect flagsCorrective distributions

How to read this page

Total assets (EOY)

$29.7M

+25.4% from 2018

Total participants

472

+6.1% from 2018

Average account balance

$74,875

+12.8% from 2018

Annual return

19.03%

+22.86 pp from 2018

Benchmarks

See 1,313 peers

Peer group

Industry42 - Wholesale Trade

Plan typeDefined contribution

Participants250-999

Cohort1,313 peers

Snapshot2019

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

Analytics

Total assets (EOY)

Plan-year ending balance

$47.58M

Not enough data

1 years with asset history on file

Average account balance

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

$92K

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.

518

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

$3.17M

Not enough data

1 years with contributions on file

Contributions per participant

Average employer and participant contribution per enrolled participant

$7K

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

+12.75%

Not enough data

1 years with return on file

Admin fee / account holder

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

$173

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 10 of 15 by compensation

Provider	Service type	Compensation
SUMMIT BROKERAGE SERVICES ING2 years Service code 27 · EIN 59-3202578	Advisory (Plan)	$31,730
MASSACHUSETTS MUTUAL LIFE INS. CO.5+ years Filed as: MASSACHUSETTS MUTUAL LIFE INSURANCE Service code 49 · EIN 04-1590850	Other Services	$15,816
BOAN, CONNEALY & HOULEHAN LLC1 year Filed as: BOAN CONNEALY & HOULEHAN LLC Service code 50 · EIN 27-4360947	Direct Payment	$15,000
COMPENSATION BENEFIT PLANNING, INC.1 year Filed as: COMPENSATION BENEFIT PLANNING INC. Service code 14 · EIN 43-1021898	Plan Administrator	$10,943
SUMMIT FINANCIAL GROUP INC1 year Filed as: SUMMIT FINANCIAL GROUP, INC. Service code 27 · EIN 59-2998483	Advisory (Plan)	$6,894
COMPENSATION BENEFIT PLANNING, INC.1 year Filed as: COMPENSATION BENEFITS PLANNING, INC Service code 13	Contract Administrator	$4,050
AMERICAN CENTURY3 years Service code 52 · EIN 44-6006315	Indirect Investment Fees	$0
AMERICAN FUNDS3 years Service code 52 · EIN 94-6050854	Indirect Investment Fees	$0
COMPENSATION BENEFIT PLANNING, INC.5+ years Service code 13 · EIN 43-1021898	Contract Administrator	$0
DELAWARE INVESTMENTS3 years Service code 52 · EIN 23-2651520	Indirect Investment Fees	$0

Plan features & details

Pension benefit codes2E2F2G2J2K2T3D

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.
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.
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

1 tripped

ComplianceCorrective distributions
Plan reported corrective distributions (failed ADP/ACP testing).

Expense breakdown

Schedule H Part II

Admin total

$80K

$189 / participant

Other / not subdivided$80K100.0%

% of EOY assets

0.270%

all-in expense ratio

Categories reported

0 / 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: BOAN, CONNEALY & HOULEHAN LLC
Auditor EIN: 274360947
Audit fees: (not subdivided)
Opinion code: Disclaimer

Metric

This plan

Peer set

Industry

Size

Avg account balance

$74,875

$69,159+8.3%

$125,195-40.2%

$67,582+10.8%

Participation rate

82.4%

78.2%+4.1pp

79.8%+2.6pp

71.3%+11.1pp

Annual return

19.03%

27.12%-8.1pp

43.79%-24.8pp

378.57%-359.5pp

Employer contribution / active EE

$2,859

$2,023+41.3%

$3,866-26.1%

$2,148+33.1%

Participant deferral / active EE

$2,869

$3,700-22.4%

$4,937-41.9%

$3,539-18.9%

Admin fee / account holder

$202

$142+42.8%

$9,704-97.9%

$142+42.3%

Provider

Service type

Compensation

SUMMIT BROKERAGE SERVICES ING2 years

Service code 27 · EIN 59-3202578

Advisory (Plan)

$31,730

MASSACHUSETTS MUTUAL LIFE INS. CO.5+ years

Filed as: MASSACHUSETTS MUTUAL LIFE INSURANCE

Service code 49 · EIN 04-1590850

Other Services

$15,816

BOAN, CONNEALY & HOULEHAN LLC1 year

Filed as: BOAN CONNEALY & HOULEHAN LLC

Service code 50 · EIN 27-4360947

Direct Payment

$15,000

COMPENSATION BENEFIT PLANNING, INC.1 year

Filed as: COMPENSATION BENEFIT PLANNING INC.

Service code 14 · EIN 43-1021898

Plan Administrator

$10,943

SUMMIT FINANCIAL GROUP INC1 year

Filed as: SUMMIT FINANCIAL GROUP, INC.

Service code 27 · EIN 59-2998483

Advisory (Plan)

$6,894

COMPENSATION BENEFIT PLANNING, INC.1 year

Filed as: COMPENSATION BENEFITS PLANNING, INC

Service code 13

Contract Administrator

$4,050

AMERICAN CENTURY3 years

Service code 52 · EIN 44-6006315

Indirect Investment Fees

AMERICAN FUNDS3 years

Service code 52 · EIN 94-6050854

Indirect Investment Fees

COMPENSATION BENEFIT PLANNING, INC.5+ years

Service code 13 · EIN 43-1021898

Contract Administrator

DELAWARE INVESTMENTS3 years

Service code 52 · EIN 23-2651520

Indirect Investment Fees

MEL STEVENSON AND ASSOCIATES INC 401K PLAN

Summary metrics

Benchmarksi

Analytics

Service providersi

Plan features & details

Opportunity flagsi

Expense breakdowni

Audit opinioni

MEL STEVENSON AND ASSOCIATES INC 401K 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