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 (2016) 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 2016

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

Prospect flagsLow assets / participantFailed to transmit contributions

How to read this page

Total assets (EOY)

$6M

+10.3% from 2015

Total participants

247

-7.8% from 2015

Average account balance

$24,477

+5.8% from 2015

Annual return

7.66%

+7.70 pp from 2015

Benchmarks

See 1,948 peers

Peer group

Industry32 - Manufacturing

Plan typeDefined contribution

Participants100-249

Cohort1,948 peers

Snapshot2016

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 2 by compensation

Provider	Service type	Compensation
BENEFIT TRUST COMPANY2+ years Service code 21 5901 COLLEGE BOULEVARD, SUITE 200 · OVERLAND PARK, KS 66211	Bank Trustee	$22,164
ALLEN, GIBBS & HOULIK, L.C.1 year Filed as: ALLEN GIBBS & HOULIK LC Service code 15 301 N MAIN SUITE 1700 · WICHITA, KS 67202	Recordkeeping	$6,029

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

2 tripped

OpportunityLow assets / participant
Assets per participant are in the bottom quintile of the peer cohort - savings-rate / match opportunity.
ComplianceFailed to transmit contributions
Form 5500 reported a failure to timely transmit participant contributions (Schedule H line 4a).

Expense breakdown

Schedule H Part II

Admin total

$28K

$121 / participant

Other / not subdivided$28K100.0%

% of EOY assets

0.472%

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: 300038643
Audit fees: (not subdivided)
Opinion code: Disclaimer

Metric

This plan

Peer set

Industry

Size

Avg account balance

$24,477

$56,640-56.8%

$78,002-68.6%

$55,167-55.6%

Participation rate

98.7%

73.3%+25.4pp

75.5%+23.2pp

69.0%+29.7pp

Annual return

7.66%

2868.48%-2860.8pp

425.99%-418.3pp

169.23%-161.6pp

Employer contribution / active EE

$667

$1,724-61.3%

$2,470-73.0%

$1,963-66.0%

Participant deferral / active EE

$1,643

$2,778-40.8%

$3,497-53.0%

$3,054-46.2%

Admin fee / account holder

$116

$467-75.2%

$5,481-97.9%

$504-77.1%

Provider

Service type

Compensation

BENEFIT TRUST COMPANY2+ years

Service code 21

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

Bank Trustee

$22,164

ALLEN, GIBBS & HOULIK, L.C.1 year

Filed as: ALLEN GIBBS & HOULIK LC

Service code 15

301 N MAIN SUITE 1700 · WICHITA, KS 67202

Recordkeeping

$6,029

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