Retirement plan

CUSTOM WOOD DESIGNS BY MICHAEL MARION INC 401K PLAN

Name: CUSTOM WOOD DESIGNS BY MICHAEL MARION INC - CUSTOM WOOD DESIGNS BY MICHAEL MARION INC 401K PLAN (2019) Form 5500
Creator: CUSTOM WOOD DESIGNS BY MICHAEL MARION INC
License: https://www.dol.gov/general/disclaim
Keywords: Form 5500, ERISA, retirement plan, CUSTOM WOOD DESIGNS BY MICHAEL MARION INC 401K PLAN, CUSTOM WOOD DESIGNS BY MICHAEL MARION INC

CUSTOM WOOD DESIGNS BY MICHAEL MARION INCEIN 45-1965515Plan #001PY 2019

76A BENNETT RD - HAMPDEN, MA 010369653413-566-8230

Prospect flagsNo flags tripped

How to read this page

Total assets (EOY)

$182K

+21.9% from 2018

Total participants

0.0% from 2018

Average account balance

$60,816

+21.9% from 2018

Annual return

14.26%

+19.65 pp from 2018

Benchmarks

See 8,239 peers

Peer group

Industry32 - Manufacturing

Plan typeDefined contribution

Participants<25

Cohort8,239 peers

Snapshot2019

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

Analytics

Total assets (EOY)

Plan-year ending balance

$271K

Not enough data

1 years with asset history on file

Average account balance

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

$90K

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.

150.0%

Not enough data

1 years with eligibility data

Contributions (total)

Employer and participant dollars contributed each year

$4K

Not enough data

1 years with contributions on file

Contributions per participant

Average employer and participant contribution per enrolled participant

$2K

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

+0.85%

Not enough data

1 years with return on file

Admin fee / account holder

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

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 codes2E2G2J3D

Plan features

2E
Profit-sharing
Profit-sharing plan.
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.
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.

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

$60,816

$116,190-47.7%

$93,614-35.0%

$152,885-60.2%

Participation rate

100.0%

78.0%+22.0pp

75.8%+24.2pp

82.5%+17.5pp

Annual return

14.26%

35.96%-21.7pp

32.76%-18.5pp

345.39%-331.1pp

Employer contribution / active EE

$1,315

$3,219-59.2%

$2,718-51.6%

$4,763-72.4%

Participant deferral / active EE

$2,478

$4,604-46.2%

$4,069-39.1%

$5,851-57.6%

Admin fee / account holder

$10,749-100.0%

$7,889-100.0%

$11,598-100.0%

CUSTOM WOOD DESIGNS BY MICHAEL MARION INC 401K PLAN

Summary metrics

Benchmarksi

Analytics

Service providersi

Plan features & details

Opportunity flagsi

Audit opinioni

CUSTOM WOOD DESIGNS BY MICHAEL MARION INC 401K PLAN

Summary metrics

Benchmarksi

Analytics

Service providersi

Plan features & details

Opportunity flagsi

Audit opinioni

Benchmarks

Service providers

Opportunity flags

Audit opinion

Benchmarks

Service providers

Opportunity flags

Audit opinion