Retirement plan

MATERIAL MOTION INC 401K PLAN

Name: MATERIAL MOTION INC - MATERIAL MOTION INC 401K PLAN (2016) Form 5500
Creator: MATERIAL MOTION INC
License: https://www.dol.gov/general/disclaim
Keywords: Form 5500, ERISA, retirement plan, MATERIAL MOTION INC 401K PLAN, MATERIAL MOTION INC

MATERIAL MOTION INCEIN 46-4739206Plan #001PY 2016

203 RIO CIRCLE - DECATUR, GA 300302225404-237-6127materialmotion.comLinkedIn11-50 employeespackaging and containers

Other plans on this EIN

1 filing

#002Retirement-$250K assets

Prospect flagsLow participation

How to read this page

Total assets (EOY)

$726K

+25.2% from 2015

Total participants

+13.6% from 2015

Average account balance

$45,373

+40.9% from 2015

Annual return

7.82%

+10.06 pp from 2015

Benchmarks

See 466,511 peers

Peer group

Industryany (size+type match)

Plan typeDefined contribution

Participants<25

Cohort466,511 peers

Snapshot2016

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

Analytics

Total assets (EOY)

Plan-year ending balance

$2.45M

Not enough data

1 years with asset history on file

Average account balance

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

$82K

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.

100.0%

Not enough data

1 years with eligibility data

Contributions (total)

Employer and participant dollars contributed each year

$340K

Not enough data

1 years with contributions on file

Contributions per participant

Average employer and participant contribution per enrolled participant

$11K

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

+17.88%

Not enough data

1 years with return on file

Admin fee / account holder

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

$11936

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 codes2E2F2G2J2T3D

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.
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 participation
Participation rate is below 70% (account-balance holders / active employees) - enrollment or auto-enroll opportunity.

Expense breakdown

Schedule H Part II

Admin total

$4K

$216 / participant

Other / not subdivided$4K100.0%

% of EOY assets

0.595%

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

$45,373

$273,972-83.4%

$87,380-48.1%

$273,972-83.4%

Participation rate

55.0%

83.0%-28.0pp

73.7%-18.7pp

83.0%-28.0pp

Annual return

7.82%

41.46%-33.6pp

8.02%-0.2pp

41.46%-33.6pp

Employer contribution / active EE

$1,779

$4,869-63.5%

$1,422+25.1%

$4,869-63.5%

Participant deferral / active EE

$3,261

$5,287-38.3%

$2,712+20.2%

$5,287-38.3%

Admin fee / account holder

$270

$10,133-97.3%

$1,615-83.3%

$10,133-97.3%

MATERIAL MOTION INC 401K PLAN

Summary metrics

Benchmarksi

Analytics

Service providersi

Plan features & details

Opportunity flagsi

Expense breakdowni

Audit opinioni

MATERIAL MOTION INC 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