Retirement plan

MISSOURI HOUSING AUTHORITIES PROPERTY & CASUALTY, INC. 401K PLAN

Name: MISSOURI HOUSING AUTHORITIES PROPERTY AND CASUALTY INC - MISSOURI HOUSING AUTHORITIES PROPERTY & CASUALTY, INC. 401K PLAN (2022) Form 5500
Creator: MISSOURI HOUSING AUTHORITIES PROPERTY AND CASUALTY INC
License: https://www.dol.gov/general/disclaim
Keywords: Form 5500, ERISA, retirement plan, MISSOURI HOUSING AUTHORITIES PROPERTY & CASUALTY, INC. 401K PLAN, MISSOURI HOUSING AUTHORITIES PROPERTY AND CASUALTY INC

MISSOURI HOUSING AUTHORITIES PROPERTY AND CASUALTY INCEIN 43-1510515Plan #002PY 2022

173 CHESTERFIELD BUSINESS PARKWAY - CHESTERFIELD, MO 63017636-530-6181mhapci.orgLinkedIn1-10 employeesinsurance

Prospect flagsHigh feesHigh assets / participant

How to read this page

Total assets (EOY)

$1M

-26.0% from 2021

Total participants

-25.0% from 2021

Average account balance

$334,499

-1.3% from 2021

Annual return

-15.67%

-28.90 pp from 2021

Benchmarks

See 35,220 peers

Peer group

Industry52 - Finance and Insurance

Plan typeDefined contribution

Participants<25

Cohort35,220 peers

Snapshot2022

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

Analytics

Total assets (EOY)

Plan-year ending balance

$2.03M

Not enough data

1 years with asset history on file

Average account balance

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

$405K

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

$114K

Not enough data

1 years with contributions on file

Contributions per participant

Average employer and participant contribution per enrolled participant

$23K

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

+19.27%

Not enough data

1 years with return on file

Admin fee / account holder

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

$1600

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 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

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

$215K

$71527 / participant

Other / not subdivided$215K100.0%

% of EOY assets

21.383%

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

$334,499

$167,504+99.7%

$151,628+120.6%

$134,509+148.7%

Participation rate

100.0%

88.4%+11.6pp

87.5%+12.5pp

81.2%+18.8pp

Annual return

-15.67%

7.81%-23.5pp

3.34%-19.0pp

418.13%-433.8pp

Employer contribution / active EE

$11,961

$6,828+75.2%

$6,165+94.0%

$4,741+152.3%

Participant deferral / active EE

$13,112

$8,985+45.9%

$8,363+56.8%

$6,400+104.9%

Admin fee / account holder

$71,527

$13,779+419.1%

$11,613+515.9%

$11,427+526.0%

MISSOURI HOUSING AUTHORITIES PROPERTY & CASUALTY, INC. 401K PLAN

Summary metrics

Benchmarksi

Analytics

Service providersi

Plan features & details

Opportunity flagsi

Expense breakdowni

Audit opinioni

MISSOURI HOUSING AUTHORITIES PROPERTY & CASUALTY, 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