Retirement plan

MANKO WINDOW SYSTEMS, INC. 401(K) PROFIT SHARING PLAN

Name: MANKO WINDOW SYSTEMS, INC. - MANKO WINDOW SYSTEMS, INC. 401(K) PROFIT SHARING PLAN (2015) Form 5500
Creator: MANKO WINDOW SYSTEMS, INC.
License: https://www.dol.gov/general/disclaim
Keywords: Form 5500, ERISA, retirement plan, MANKO WINDOW SYSTEMS, INC. 401(K) PROFIT SHARING PLAN, MANKO WINDOW SYSTEMS, INC.

MANKO WINDOW SYSTEMS, INC.EIN 48-1070445Plan #001PY 2015

800 HAYES DRIVE - MANHATTAN, KS 66502785-776-9643mankowindows.comLinkedIn501-1000 employeesglass, ceramics & concrete

Prospect flagsLow assets / participantLow employer contributionLow fidelity bond

How to read this page

Total assets (EOY)

$5.4M

No prior year

Total participants

268

No prior year

Average account balance

$23,136

No prior year

Annual return

-0.04%

No prior year

Benchmarks

See 1,746 peers

Peer group

Industry32 - Manufacturing

Plan typeDefined contribution

Participants100-249

Cohort1,746 peers

Snapshot2015

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

Analytics

Total assets (EOY)

Plan-year ending balance

$19.49M

Not enough data

1 years with asset history on file

Average account balance

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

$54K

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.

359

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.

82.7%

Not enough data

1 years with eligibility data

Contributions (total)

Employer and participant dollars contributed each year

$2.83M

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

+10.36%

Not enough data

1 years with return on file

Admin fee / account holder

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

$107

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 1 by compensation

Provider	Service type	Compensation
BENEFIT TRUST COMPANY1+ years Service code 21 5901 COLLEGE BOULEVARD, SUITE 200 · OVERLAND PARK, KS 66211	Bank Trustee	$20,971

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

3 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.
ComplianceLow fidelity bond
Fidelity bond coverage is below the ERISA section 412 10%-of-assets minimum (capped at $500,000).

Expense breakdown

Schedule H Part II

Admin total

$25K

$115 / participant

Other / not subdivided$25K100.0%

% of EOY assets

0.460%

all-in expense ratio

Categories reported

0 / 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: VARNEY & ASSOCIATES, CPAS, LLC
Auditor EIN: 303003864
Audit fees: (not subdivided)
Opinion code: Disclaimer

Metric

This plan

Peer set

Industry

Size

Avg account balance

$23,136

$53,412-56.7%

$68,509-66.2%

$52,331-55.8%

Participation rate

84.3%

71.7%+12.7pp

74.7%+9.6pp

68.1%+16.2pp

Annual return

-0.04%

3.42%-3.5pp

8.27%-8.3pp

4.54%-4.6pp

Employer contribution / active EE

$308

$1,607-80.8%

$2,278-86.5%

$1,882-83.6%

Participant deferral / active EE

$1,535

$2,688-42.9%

$3,382-54.6%

$3,022-49.2%

Admin fee / account holder

$106

$461-76.9%

$5,275-98.0%

$592-82.0%

Provider

Service type

Compensation

BENEFIT TRUST COMPANY1+ years

Service code 21

5901 COLLEGE BOULEVARD, SUITE 200 · OVERLAND PARK, KS 66211

Bank Trustee

$20,971

MANKO WINDOW SYSTEMS, INC. 401(K) PROFIT SHARING PLAN

Summary metrics

Benchmarksi

Analytics

Service providersi

Plan features & details

Opportunity flagsi

Expense breakdowni

Audit opinioni

MANKO WINDOW SYSTEMS, INC. 401(K) PROFIT SHARING 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