Retirement plan

EMPLOYEE BENEFIT PLAN OF MARROKAL DESIGN REMODELING, LLC

Name: MARROKAL DESIGN REMODELING, LLC - EMPLOYEE BENEFIT PLAN OF MARROKAL DESIGN REMODELING, LLC (2019) Form 5500
Creator: MARROKAL DESIGN REMODELING, LLC
License: https://www.dol.gov/general/disclaim
Keywords: Form 5500, ERISA, retirement plan, EMPLOYEE BENEFIT PLAN OF MARROKAL DESIGN REMODELING, LLC, MARROKAL DESIGN REMODELING, LLC

MARROKAL DESIGN REMODELING, LLCEIN 47-5246535Plan #002PY 2019

9842 RIVER ST - LAKESIDE, CA 920403114619-938-1002marrokal.comLinkedIn11-50 employeesconstruction

Prospect flagsHigh fees

How to read this page

Total assets (EOY)

$4.2M

+12.7% from 2018

Total participants

-4.5% from 2018

Average account balance

$112,608

+0.5% from 2018

Annual return

18.72%

+24.77 pp from 2018

Benchmarks

See 40,726 peers

Peer group

Industry23 - Construction

Plan typeDefined contribution

Participants<25

Cohort40,726 peers

Snapshot2019

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

Analytics

Total assets (EOY)

Plan-year ending balance

$6.29M

Not enough data

1 years with asset history on file

Average account balance

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

$110K

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.

172.7%

Not enough data

1 years with eligibility data

Contributions (total)

Employer and participant dollars contributed each year

$772K

Not enough data

1 years with contributions on file

Contributions per participant

Average employer and participant contribution per enrolled participant

$23K

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

+13.46%

Not enough data

1 years with return on file

Admin fee / account holder

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

$5962

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 codes2F2G2T

Plan features

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.
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.

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

$665K

$30243 / participant

Other / not subdivided$665K100.0%

% of EOY assets

15.969%

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

$112,608

$107,368+4.9%

$92,915+21.2%

$152,909-26.4%

Participation rate

77.3%

79.8%-2.5pp

76.0%+1.3pp

82.5%-5.2pp

Annual return

18.72%

145.64%-126.9pp

109.45%-90.7pp

345.46%-326.7pp

Employer contribution / active EE

$15,274

$4,222+261.7%

$3,653+318.1%

$4,764+220.6%

Participant deferral / active EE

$4,799

$4,848-1.0%

$4,238+13.2%

$5,851-18.0%

Admin fee / account holder

$17,982

$7,082+153.9%

$5,796+210.3%

$11,601+55.0%

EMPLOYEE BENEFIT PLAN OF MARROKAL DESIGN REMODELING, LLC

Summary metrics

Benchmarksi

Analytics

Service providersi

Plan features & details

Opportunity flagsi

Expense breakdowni

Audit opinioni

EMPLOYEE BENEFIT PLAN OF MARROKAL DESIGN REMODELING, LLC

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