Retirement plan

MARATHON FINANCIAL ADVISORS, INC, 401(K) PLAN

Name: MARATHON FINANCIAL ADVISORS, INC. - MARATHON FINANCIAL ADVISORS, INC, 401(K) PLAN (2017) Form 5500
Creator: MARATHON FINANCIAL ADVISORS, INC.
License: https://www.dol.gov/general/disclaim
Keywords: Form 5500, ERISA, retirement plan, MARATHON FINANCIAL ADVISORS, INC, 401(K) PLAN, MARATHON FINANCIAL ADVISORS, INC.

MARATHON FINANCIAL ADVISORS, INC.EIN 46-4001505Plan #001PY 2017

6319 FLY ROAD, SUITE 4 - E. SYRACUSE, NY 130571274315-446-5797marathonadv.comLinkedIn1-10 employeesfinancial services

Prospect flagsLow assets / participant

How to read this page

Total assets (EOY)

$285K

+54.2% from 2016

Total participants

+42.9% from 2016

Average account balance

$28,546

-7.5% from 2016

Annual return

22.95%

+22.37 pp from 2016

Benchmarks

See 30,802 peers

Peer group

Industry52 - Finance and Insurance

Plan typeDefined contribution

Participants<25

Cohort30,802 peers

Snapshot2017

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

Analytics

Total assets (EOY)

Plan-year ending balance

$1.56M

Not enough data

1 years with asset history on file

Average account balance

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

$223K

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.

116.7%

Not enough data

1 years with eligibility data

Contributions (total)

Employer and participant dollars contributed each year

$84K

Not enough data

1 years with contributions on file

Contributions per participant

Average employer and participant contribution per enrolled participant

$14K

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

+21.86%

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 codes2E2H2J3D

Plan features

2E
Profit-sharing
Profit-sharing plan.
2H
Partial participant-directed account plan
Participants have the opportunity to direct the investment of a portion 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

1 tripped

OpportunityLow assets / participant
Assets per participant are in the bottom quintile of the peer cohort - savings-rate / match opportunity.

Expense breakdown

Schedule H Part II

Admin total

$1K

$153 / participant

Other / not subdivided$1K100.0%

% of EOY assets

0.375%

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

$28,546

$171,867-83.4%

$149,716-80.9%

$147,585-80.7%

Participation rate

100.0%

88.2%+11.8pp

87.1%+12.9pp

82.8%+17.2pp

Annual return

22.95%

2113.36%-2090.4pp

1501.67%-1478.7pp

578.58%-555.6pp

Employer contribution / active EE

$1,795

$6,275-71.4%

$5,444-67.0%

$4,876-63.2%

Participant deferral / active EE

$6,614

$7,270-9.0%

$6,568+0.7%

$5,439+21.6%

Admin fee / account holder

$107

$13,799-99.2%

$11,282-99.1%

$10,886-99.0%

MARATHON FINANCIAL ADVISORS, INC, 401(K) PLAN

Summary metrics

Benchmarksi

Analytics

Service providersi

Plan features & details

Opportunity flagsi

Expense breakdowni

Audit opinioni

MARATHON FINANCIAL ADVISORS, INC, 401(K) 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