Retirement plan

MORIDGE MANUFACTURING, INC. 401(K) PLAN

Name: MORIDGE MANUFACTURING, INC - MORIDGE MANUFACTURING, INC. 401(K) PLAN (2017) 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 2017

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

Other plans on this EIN

1 filing

#001Retirement-$10.3M assets

Prospect flagsNo flags tripped

How to read this page

Total assets (EOY)

$9.1M

+22.1% from 2016

Total participants

240

+5.3% from 2016

Average account balance

$51,108

+20.0% from 2016

Annual return

15.89%

+7.43 pp from 2016

Benchmarks

See 4,147 peers

Peer group

Industry33 - Manufacturing

Plan typeDefined contribution

Participants100-249

Cohort4,147 peers

Snapshot2017

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, LLC3+ years Service code 26 · EIN 26-2107684	Advisory (Participants)	$27,963
ALLEN, GIBBS & HOULIK, L.C.3+ years Filed as: ALLEN, GIBBS & HOULIK, LC Service code 15 301 N MAIN ST, SUITE 1700 · WICHITA, KS 67202	Recordkeeping	$18,291

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

$47K

$202 / participant

Investment mgmt$28K60.1%
Other / not subdivided$19K39.9%

% of EOY assets

0.509%

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 & CO., P.A.
Auditor EIN: 481066439
Audit fees: (not subdivided)
Opinion code: Disclaimer

Metric

This plan

Peer set

Industry

Size

Avg account balance

$51,108

$64,909-21.3%

$82,312-37.9%

$62,293-18.0%

Participation rate

73.6%

74.9%-1.3pp

76.9%-3.3pp

69.5%+4.1pp

Annual return

15.89%

21.18%-5.3pp

25.88%-10.0pp

28.90%-13.0pp

Employer contribution / active EE

$1,676-100.0%

$2,428-100.0%

$2,042-100.0%

Participant deferral / active EE

$2,505

$3,103-19.3%

$3,706-32.4%

$3,169-20.9%

Admin fee / account holder

$260

$440-40.8%

$5,608-95.4%

$479-45.7%

Provider

Service type

Compensation

AGH WEALTH ADVISORS, LLC3+ years

Service code 26 · EIN 26-2107684

Advisory (Participants)

$27,963

ALLEN, GIBBS & HOULIK, L.C.3+ years

Filed as: ALLEN, GIBBS & HOULIK, LC

Service code 15

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

Recordkeeping

$18,291

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