Retirement plan

MOUNTAIN PLUS SERVICES RETIREMENT PLAN

Name: MOUNTAIN PLUS SERVICES, INC. - MOUNTAIN PLUS SERVICES RETIREMENT PLAN (2017) Form 5500
Creator: MOUNTAIN PLUS SERVICES, INC.
License: https://www.dol.gov/general/disclaim
Keywords: Form 5500, ERISA, retirement plan, MOUNTAIN PLUS SERVICES RETIREMENT PLAN, MOUNTAIN PLUS SERVICES, INC.

MOUNTAIN PLUS SERVICES, INC.EIN 45-3942708Plan #001PY 2017

MOUNTAIN PLUS SERVICES, 104 SOUTH FRONT AVE - PRESTONSBURG, KY 41653606-886-8572

Prospect flagsLow participationLow assets / participantCorrective distributions

How to read this page

Total assets (EOY)

$1.8M

+75.8% from 2016

Total participants

671

+44.6% from 2016

Average account balance

$4,026

+16.1% from 2016

Annual return

18.41%

+16.53 pp from 2016

Benchmarks

See 3,813 peers

Peer group

Industry62 - Health Care and Social Assistance

Plan typeDefined contribution

Participants250-999

Cohort3,813 peers

Snapshot2017

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

Analytics

Total assets (EOY)

Plan-year ending balance

$23.50M

Not enough data

1 years with asset history on file

Average account balance

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

$13K

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.

1,786

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.

76.4%

Not enough data

1 years with eligibility data

Contributions (total)

Employer and participant dollars contributed each year

$4.11M

Not enough data

1 years with contributions on file

Contributions per participant

Average employer and participant contribution per enrolled participant

$3K

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

+14.82%

Not enough data

1 years with return on file

Admin fee / account holder

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

$52

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 2 by compensation

Provider	Service type	Compensation
MASSACHUSETTS MUTUAL LIFE INS. CO.2+ years Filed as: MASS MUTUAL LIFE INSURANCE CO Service code 15 · EIN 04-1590850	Recordkeeping	$10,563
MCGREGOR & ASSOCIATES, INC.2+ years Filed as: MCGREGOR & ASSOCIATES Service code 15 · EIN 61-1211399	Recordkeeping	$0

Plan features & details

Pension benefit codes2G2J2K3D2E

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.
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.
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

3 tripped

OpportunityLow participation
Participation rate is below 70% (account-balance holders / active employees) - enrollment or auto-enroll opportunity.
OpportunityLow assets / participant
Assets per participant are in the bottom quintile of the peer cohort - savings-rate / match opportunity.
ComplianceCorrective distributions
Plan reported corrective distributions (failed ADP/ACP testing).

Expense breakdown

Schedule H Part II

Admin total

$11K

$20 / participant

Contract admin$11K100.0%

% of EOY assets

0.590%

all-in expense ratio

Categories reported

1 / 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: STROTHMAN & COMPANY
Auditor EIN: 611191655
Audit fees: (not subdivided)
Opinion code: Disclaimer

Metric

This plan

Peer set

Industry

Size

Avg account balance

$4,026

$46,173-91.3%

$170,435-97.6%

$69,631-94.2%

Participation rate

58.2%

63.9%-5.7pp

83.6%-25.4pp

70.7%-12.5pp

Annual return

18.41%

21.62%-3.2pp

205.94%-187.5pp

27571.02%-27552.6pp

Employer contribution / active EE

$545

$1,610-66.1%

$5,432-90.0%

$2,032-73.2%

Participant deferral / active EE

$652

$2,080-68.7%

$4,939-86.8%

$3,224-79.8%

Admin fee / account holder

$24

$116-79.5%

$13,881-99.8%

$110-78.5%

Provider

Service type

Compensation

MASSACHUSETTS MUTUAL LIFE INS. CO.2+ years

Filed as: MASS MUTUAL LIFE INSURANCE CO

Service code 15 · EIN 04-1590850

Recordkeeping

$10,563

MCGREGOR & ASSOCIATES, INC.2+ years

Filed as: MCGREGOR & ASSOCIATES

Service code 15 · EIN 61-1211399

Recordkeeping

MOUNTAIN PLUS SERVICES RETIREMENT PLAN

Summary metrics

Benchmarksi

Analytics

Service providersi

Plan features & details

Opportunity flagsi

Expense breakdowni

Audit opinioni

MOUNTAIN PLUS SERVICES RETIREMENT 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