Retirement plan

MTS CONTRACTING PROFIT SHARING/401K PLAN

Name: MTS CONTRACTING, INC. - MTS CONTRACTING PROFIT SHARING/401K PLAN (2018) Form 5500
Creator: MTS CONTRACTING, INC.
License: https://www.dol.gov/general/disclaim
Keywords: Form 5500, ERISA, retirement plan, MTS CONTRACTING PROFIT SHARING/401K PLAN, MTS CONTRACTING, INC.

MTS CONTRACTING, INC.EIN 43-1745990Plan #001PY 2018

1019 SWIFT AVE - N KANSAS CITY, MO 641164127816-421-0909mtscontracting.comLinkedIn51-200 employeesconstruction

Prospect flagsHigh fees

How to read this page

Total assets (EOY)

$5.9M

+0.7% from 2017

Total participants

-8.6% from 2017

Average account balance

$63,736

+15.0% from 2017

Annual return

-3.81%

-22.86 pp from 2017

Benchmarks

See 15,017 peers

Peer group

Industry23 - Construction

Plan typeDefined contribution

Participants25-99

Cohort15,017 peers

Snapshot2018

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

Analytics

Total assets (EOY)

Plan-year ending balance

$9.76M

Not enough data

1 years with asset history on file

Average account balance

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

$98K

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.

100

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.

108.7%

Not enough data

1 years with eligibility data

Contributions (total)

Employer and participant dollars contributed each year

$344K

Not enough data

1 years with contributions on file

Contributions per participant

Average employer and participant contribution per enrolled participant

$4K

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

+11.78%

Not enough data

1 years with return on file

Admin fee / account holder

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

$6176

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 codes2E2F2G2J2T

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.

Opportunity flags

1 tripped

OpportunityHigh fees
Administrative expenses exceed $300 per participant per year - possible fee-review opportunity. (Recordkeeping / audit / legal; excludes investment management.)

Expense breakdown

Schedule H Part II

Admin total

$229K

$2636 / participant

Other / not subdivided$229K100.0%

% of EOY assets

3.911%

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

$63,736

$57,350+11.1%

$83,850-24.0%

$64,181-0.7%

Participation rate

95.4%

68.6%+26.8pp

76.1%+19.3pp

69.6%+25.8pp

Annual return

-3.81%

11.38%-15.2pp

850.92%-854.7pp

7.63%-11.4pp

Employer contribution / active EE

$2,059

$2,545-19.1%

$3,631-43.3%

$2,381-13.5%

Participant deferral / active EE

$3,290

$2,993+9.9%

$4,082-19.4%

$3,470-5.2%

Admin fee / account holder

$2,493

$4,046-38.4%

$5,478-54.5%

$4,887-49.0%

MTS CONTRACTING PROFIT SHARING/401K PLAN

Summary metrics

Benchmarksi

Analytics

Service providersi

Plan features & details

Opportunity flagsi

Expense breakdowni

Audit opinioni

MTS CONTRACTING PROFIT SHARING/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