Retirement plan

MORIDGE MANUFACTURING, INC. 401(K) PLAN

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

MORIDGE MANUFACTURING, INCEIN 48-0649764Plan #002PY 2016

PO BOX 810, 105 S OLD HIGHWAY 81 - MOUNDRIDGE, KS 67107620-345-6301LinkedIn201-500 employeesmachinery

Other plans on this EIN

1 filing

#001Retirement-$8.8M assets

Prospect flagsNo flags tripped

How to read this page

Total assets (EOY)

$7.5M

+12.8% from 2015

Total participants

228

+4.6% from 2015

Average account balance

$42,584

+7.1% from 2015

Annual return

8.46%

+10.01 pp from 2015

Benchmarks

See 4,221 peers

Peer group

Industry33 - Manufacturing

Plan typeDefined contribution

Participants100-249

Cohort4,221 peers

Snapshot2016

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

Analytics

Total assets (EOY)

Plan-year ending balance

$16.03M

Not enough data

1 years with asset history on file

Average account balance

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

$97K

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.

165

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.

78.7%

Not enough data

1 years with eligibility data

Contributions (total)

Employer and participant dollars contributed each year

$746K

Not enough data

1 years with contributions on file

Contributions per participant

Average employer and participant contribution per enrolled participant

$4K

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

+16.35%

Not enough data

1 years with return on file

Admin fee / account holder

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

$461

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

1 years with F_SCH_H allocation on file

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

Service providers

Top 2 by compensation

Provider	Service type	Compensation
AGH WEALTH ADVISORS, LLC2+ years Service code 26 · EIN 26-2107684	Advisory (Participants)	$22,659
ALLEN, GIBBS & HOULIK, L.C.2+ years Filed as: ALLEN, GIBBS & HOULIK, LC Service code 15 301 N MAIN ST, SUITE 1700 · WICHITA, KS 67202	Recordkeeping	$17,375

Plan features & details

Pension benefit codes2F2G2J2T3D2E

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

0 tripped

No flags tripped for this filing year. This plan looks clean.

Expense breakdown

Schedule H Part II

Admin total

$40K

$187 / participant

Investment mgmt$23K56.0%
Other / not subdivided$18K44.0%

% of EOY assets

0.540%

all-in expense ratio

Categories reported

1 / 9

subdivided buckets used

Audit opinion

Schedule H Part III

Disclaimer opinion

Auditor declined to express an opinion - usually a 103(a)(3)(C) limited-scope election.

Auditor firm: BERBERICH TRAHAN AND CO. P.A.
Auditor EIN: 481066439
Audit fees: (not subdivided)
Opinion code: Disclaimer

Metric

This plan

Peer set

Industry

Size

Avg account balance

$42,584

$60,165-29.2%

$74,184-42.6%

$55,167-22.8%

Participation rate

75.9%

74.2%+1.8pp

76.6%-0.7pp

69.0%+6.9pp

Annual return

8.46%

10.00%-1.5pp

17.74%-9.3pp

169.23%-160.8pp

Employer contribution / active EE

$1,600-100.0%

$2,370-100.0%

$1,963-100.0%

Participant deferral / active EE

$2,720

$2,973-8.5%

$3,550-23.4%

$3,054-10.9%

Admin fee / account holder

$230

$419-45.2%

$5,586-95.9%

$504-54.4%

Provider

Service type

Compensation

AGH WEALTH ADVISORS, LLC2+ years

Service code 26 · EIN 26-2107684

Advisory (Participants)

$22,659

ALLEN, GIBBS & HOULIK, L.C.2+ years

Filed as: ALLEN, GIBBS & HOULIK, LC

Service code 15

301 N MAIN ST, SUITE 1700 · WICHITA, KS 67202

Recordkeeping

$17,375

MORIDGE MANUFACTURING, INC. 401(K) PLAN

Summary metrics

Benchmarksi

Analytics

Service providersi

Plan features & details

Opportunity flagsi

Expense breakdowni

Audit opinioni

MORIDGE MANUFACTURING, 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