Retirement plan

MEL STEVENSON AND ASSOCIATES INC 401K PLAN

Name: MEL STEVENSON AND ASSOCIATES INC - MEL STEVENSON AND ASSOCIATES INC 401K PLAN (2020) 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 2020

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

Prospect flagsNo flags tripped

How to read this page

Total assets (EOY)

$35.9M

+20.8% from 2019

Total participants

498

+5.5% from 2019

Average account balance

$86,123

+15.0% from 2019

Annual return

16.03%

-3.00 pp from 2019

Benchmarks

See 1,266 peers

Peer group

Industry42 - Wholesale Trade

Plan typeDefined contribution

Participants250-999

Cohort1,266 peers

Snapshot2020

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 12 by compensation

Provider	Service type	Compensation
SUMMIT FINANCIAL CORPORATION1 year Filed as: SUMMIT BROKERAGE SERVICES INC. Service code 27 · EIN 59-2998483	Advisory (Plan)	$43,985
COMPENSATION BENEFIT PLANNING, INC.6+ years Service code 13 · EIN 43-1021898	Contract Administrator	$22,247
MASSACHUSETTS MUTUAL LIFE INS. CO.6+ years Filed as: MASSACHUSETTS MUTUAL LIFE INSURANCE Service code 49 · EIN 04-1590850	Other Services	$15,587
BOAN, CONNEALY & HOULEHAN LLC2 years Filed as: BOAN CONNEALY & HOULEHAN LLC Service code 10 · EIN 27-4360947	Accounting	$15,000
COMPENSATION BENEFIT PLANNING, INC.2 years Filed as: COMPENSATION BENEFITS PLANNING, INC Service code 14	Plan Administrator	$45
AMERICAN CENTURY4 years Service code 52 · EIN 44-6006315	Indirect Investment Fees	$0
AMERICAN FUNDS4 years Service code 52 · EIN 94-6050854	Indirect Investment Fees	$0
DELAWARE INVESTMENTS4 years Service code 52 · EIN 23-2651520	Indirect Investment Fees	$0
ENVESTNET RETIREMENT SOLUTIONS, LLC5 years Service code 27 · EIN 61-1732930	Advisory (Plan)	$0
FRANKLIN TEMPLETON4 years Service code 52 · EIN 59-6865210	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

0 tripped

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

Expense breakdown

Schedule H Part II

Admin total

$94K

$215 / participant

Other / not subdivided$94K100.0%

% of EOY assets

0.260%

all-in expense ratio

Categories reported

0 / 9

subdivided buckets used

Audit opinion

Schedule H Part III

Unqualified opinion

Auditor signed off without reservation - the cleanest possible opinion.

Auditor firm: MAYER HOFFMAN MCCANN PC
Auditor EIN: 431947695
Audit fees: (not subdivided)
Opinion code: Unqualified

Metric

This plan

Peer set

Industry

Size

Avg account balance

$86,123

$78,419+9.8%

$133,978-35.7%

$73,412+17.3%

Participation rate

81.4%

78.6%+2.8pp

79.8%+1.5pp

72.2%+9.2pp

Annual return

16.03%

33.35%-17.3pp

45.10%-29.1pp

59.30%-43.3pp

Employer contribution / active EE

$2,796

$2,044+36.8%

$3,919-28.7%

$2,234+25.2%

Participant deferral / active EE

$2,942

$3,925-25.0%

$5,047-41.7%

$3,806-22.7%

Admin fee / account holder

$224

$161+39.0%

$8,930-97.5%

$158+42.0%

Provider

Service type

Compensation

SUMMIT FINANCIAL CORPORATION1 year

Filed as: SUMMIT BROKERAGE SERVICES INC.

Service code 27 · EIN 59-2998483

Advisory (Plan)

$43,985

COMPENSATION BENEFIT PLANNING, INC.6+ years

Service code 13 · EIN 43-1021898

Contract Administrator

$22,247

MASSACHUSETTS MUTUAL LIFE INS. CO.6+ years

Filed as: MASSACHUSETTS MUTUAL LIFE INSURANCE

Service code 49 · EIN 04-1590850

Other Services

$15,587

BOAN, CONNEALY & HOULEHAN LLC2 years

Filed as: BOAN CONNEALY & HOULEHAN LLC

Service code 10 · EIN 27-4360947

Accounting

$15,000

COMPENSATION BENEFIT PLANNING, INC.2 years

Filed as: COMPENSATION BENEFITS PLANNING, INC

Service code 14

Plan Administrator

$45

AMERICAN CENTURY4 years

Service code 52 · EIN 44-6006315

Indirect Investment Fees

AMERICAN FUNDS4 years

Service code 52 · EIN 94-6050854

Indirect Investment Fees

DELAWARE INVESTMENTS4 years

Service code 52 · EIN 23-2651520

Indirect Investment Fees

ENVESTNET RETIREMENT SOLUTIONS, LLC5 years

Service code 27 · EIN 61-1732930

Advisory (Plan)

FRANKLIN TEMPLETON4 years

Service code 52 · EIN 59-6865210

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