Retirement plan

MEGAWHOLESALE INC 401K PS PLAN AND TRUST

Name: MEGAWHOLESALE INC - MEGAWHOLESALE INC 401K PS PLAN AND TRUST (2017) Form 5500
Creator: MEGAWHOLESALE INC
License: https://www.dol.gov/general/disclaim
Keywords: Form 5500, ERISA, retirement plan, MEGAWHOLESALE INC 401K PS PLAN AND TRUST, MEGAWHOLESALE INC

MEGAWHOLESALE INCEIN 46-3768886Plan #001PY 2017

1135 CEDAR AVE - CROYDON, PA 19021215-785-4444

Prospect flagsHigh fees

How to read this page

Total assets (EOY)

$588K

-23.7% from 2016

Total participants

-10.0% from 2016

Average account balance

$73,535

-42.8% from 2016

Annual return

23.35%

+19.93 pp from 2016

Benchmarks

See 22,202 peers

Peer group

Industry42 - Wholesale Trade

Plan typeDefined contribution

Participants<25

Cohort22,202 peers

Snapshot2017

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

Analytics

Total assets (EOY)

Plan-year ending balance

Not enough data

1 years with asset history on file

Average account balance

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

Not enough data

0 years with per-participant data

Participants with account balance

Stacked by status: active / separated vested / retired or beneficiary. Total = line 6g.

Not enough data

0 years with headcount on file

Eligible Participants and Participation

Bars: eligible actives (line 6a). Line: derived rate = active employees with a balance / 6a.

Not enough data

0 years with eligibility data

Contributions (total)

Employer and participant dollars contributed each year

$26K

Not enough data

1 years with contributions on file

Contributions per participant

Average employer and participant contribution per enrolled participant

Not enough data

0 years with per-participant contribution data

Asset flow

BOY + contributions + return - distributions = EOY

Year

Annual return

Diverging bars; negative years highlighted

+12.14%

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 codes2E2J3D

Plan features

2E
Profit-sharing
Profit-sharing plan.
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

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

$468K

$93619 / participant

Other / not subdivided$468K100.0%

% of EOY assets

79.570%

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

$73,535

$144,130-49.0%

$117,861-37.6%

$147,586-50.2%

Participation rate

80.0%

83.4%-3.4pp

79.7%+0.3pp

82.8%-2.8pp

Annual return

23.35%

531.20%-507.8pp

335.11%-311.8pp

578.59%-555.2pp

Employer contribution / active EE

$11,671

$4,897+138.3%

$3,786+208.2%

$4,876+139.3%

Participant deferral / active EE

$7,891

$5,316+48.4%

$4,482+76.1%

$5,439+45.1%

Admin fee / account holder

$58,512

$10,887+437.5%

$8,021+629.5%

$10,886+437.5%

MEGAWHOLESALE INC 401K PS PLAN AND TRUST

Summary metrics

Benchmarksi

Analytics

Service providersi

Plan features & details

Opportunity flagsi

Expense breakdowni

Audit opinioni

MEGAWHOLESALE INC 401K PS PLAN AND TRUST

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