Retirement plan

MB AGRICULTURAL AND INDUSTRIAL SERVICES 401(K) PLAN

Name: MB AGRICULTURAL AND INDUSTRIAL SERVICES LLC - MB AGRICULTURAL AND INDUSTRIAL SERVICES 401(K) PLAN (2020) Form 5500
Creator: MB AGRICULTURAL AND INDUSTRIAL SERVICES LLC
License: https://www.dol.gov/general/disclaim
Keywords: Form 5500, ERISA, retirement plan, MB AGRICULTURAL AND INDUSTRIAL SERVICES 401(K) PLAN, MB AGRICULTURAL AND INDUSTRIAL SERVICES LLC

MB AGRICULTURAL AND INDUSTRIAL SERVICES LLCEIN 47-4255678Plan #001PY 2020

6409 W MODOC AVE - VISALIA, CA 93291559-972-2634LinkedIn1-10 employees

Prospect flagsLow assets / participantLow employer contribution

How to read this page

Total assets (EOY)

$65K

+231.3% from 2019

Total participants

0.0% from 2019

Average account balance

$8,171

+189.8% from 2019

Annual return

45.71%

-20.74 pp from 2019

Benchmarks

See 14,128 peers

Peer group

Industry56 - Administrative and Support and Waste Management and Remediation Services

Plan typeDefined contribution

Participants<25

Cohort14,128 peers

Snapshot2020

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

Analytics

Total assets (EOY)

Plan-year ending balance

$414K

Not enough data

1 years with asset history on file

Average account balance

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

$38K

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.

122.2%

Not enough data

1 years with eligibility data

Contributions (total)

Employer and participant dollars contributed each year

$72K

Not enough data

1 years with contributions on file

Contributions per participant

Average employer and participant contribution per enrolled participant

$8K

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

+18.96%

Not enough data

1 years with return on file

Admin fee / account holder

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

$1810

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 codes2E2J2F2G3D

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.
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

2 tripped

OpportunityLow employer contribution
Employer contribution per participant is in the bottom quintile of the peer cohort.
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

$489

$61 / participant

Other / not subdivided$489100.0%

% of EOY assets

0.748%

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

$8,171

$109,411-92.5%

$89,435-90.9%

$158,982-94.9%

Participation rate

75.0%

74.3%+0.7pp

68.0%+7.0pp

82.0%-7.0pp

Annual return

45.71%

345.68%-300.0pp

245.55%-199.8pp

302.99%-257.3pp

Employer contribution / active EE

$3,173-100.0%

$2,587-100.0%

$4,763-100.0%

Participant deferral / active EE

$4,619

$4,600+0.4%

$3,890+18.7%

$5,983-22.8%

Admin fee / account holder

$61

$6,159-99.0%

$4,884-98.7%

$11,252-99.5%

MB AGRICULTURAL AND INDUSTRIAL SERVICES 401(K) PLAN

Summary metrics

Benchmarksi

Analytics

Service providersi

Plan features & details

Opportunity flagsi

Expense breakdowni

Audit opinioni

MB AGRICULTURAL AND INDUSTRIAL SERVICES 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