Retirement plan

NEWCOMER FUNERAL SERVICE GROUP, INC. PROFIT SHARING PLAN

Name: NEWCOMER FUNERAL SERVICE GROUP, INC. - NEWCOMER FUNERAL SERVICE GROUP, INC. PROFIT SHARING PLAN (2020) Form 5500
Creator: NEWCOMER FUNERAL SERVICE GROUP, INC.
License: https://www.dol.gov/general/disclaim
Keywords: Form 5500, ERISA, retirement plan, NEWCOMER FUNERAL SERVICE GROUP, INC. PROFIT SHARING PLAN, NEWCOMER FUNERAL SERVICE GROUP, INC.

NEWCOMER FUNERAL SERVICE GROUP, INC.EIN 48-1142399Plan #001PY 2020

520 SW 27TH STREET - TOPEKA, KS 66611785-233-6655nfsgi.comLinkedIn201-500 employeesindividual & family services

Prospect flagsLow participation

How to read this page

Total assets (EOY)

$17.1M

+16.6% from 2019

Total participants

700

+55.2% from 2019

Average account balance

$41,997

+13.8% from 2019

Annual return

11.59%

-10.28 pp from 2019

Benchmarks

See 874 peers

Peer group

Industry81 - Other Services (except Public Administration)

Plan typeDefined contribution

Participants250-999

Cohort874 peers

Snapshot2020

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

Analytics

Total assets (EOY)

Plan-year ending balance

$24.27M

Not enough data

1 years with asset history on file

Average account balance

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

$46K

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.

524

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.

51.7%

Not enough data

1 years with eligibility data

Contributions (total)

Employer and participant dollars contributed each year

$2.72M

Not enough data

1 years with contributions on file

Contributions per participant

Average employer and participant contribution per enrolled participant

$3K

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

+14.01%

Not enough data

1 years with return on file

Admin fee / account holder

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

$196

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 6 by compensation

Provider	Service type	Compensation
MARINER LLC2+ years Filed as: MARINER, LLC Service code 27 · EIN 20-4553256	Advisory (Plan)	$38,182
MASSACHUSETTS MUTUAL LIFE INS. CO.2+ years Filed as: MASSMUTUAL LIFE INSURANCE CO. Service code 15 · EIN 04-1590850	Recordkeeping	$14,462
PICKETT, CHANEY & MCMULLEN LLP2+ years Filed as: PICKETT, CHANEY, MCMULLEN LLP, CPA Service code 10 · EIN 48-1246310	Accounting	$6,950
AMERICAN UNITED LIFE INSURANCE CO1 year Filed as: ONEAMERICA RETIREMENT SERVICES Service code 15 · EIN 46-5378846	Recordkeeping	$5,505
MATRIX TRUST COMPANY1 year Service code 62	Soft dollars commissions; Float revenue	$0
MATRIX TRUST COMPANY1 year Filed as: MG TRUST COMPANY DBA MATRIX TRUST C Service code 15 · EIN 75-3182674	Recordkeeping	$0

Plan features & details

Pension benefit codes2E2F2G2J2K2T3D

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.
2K
Code section 401(m) arrangement
Employee contributions are allocated to separate accounts under the plan or employer contributions are based in whole or in part on employee deferrals or contributions to the plan. Not applicable to 401(k) plans with only QNECs and/or QMACs or to 403(b)(1) 403(b)(7) or 408 arrangements.
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

1 tripped

OpportunityLow participation
Participation rate is below 70% (account-balance holders / active employees) - enrollment or auto-enroll opportunity.

Expense breakdown

Schedule H Part II

Admin total

$65K

$100 / participant

Investment mgmt$30K46.4%
Other / not subdivided$35K53.6%

% of EOY assets

0.380%

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: PICKETT, CHANEY AND MCMULLEN LLP
Auditor EIN: 481246310
Audit fees: (not subdivided)
Opinion code: Disclaimer

Metric

This plan

Peer set

Industry

Size

Avg account balance

$41,997

$52,722-20.3%

$90,440-53.6%

$73,412-42.8%

Participation rate

54.9%

67.7%-12.8pp

72.7%-17.8pp

72.2%-17.2pp

Annual return

11.59%

20.70%-9.1pp

1294.38%-1282.8pp

59.30%-47.7pp

Employer contribution / active EE

$1,126

$1,872-39.8%

$3,263-65.5%

$2,234-49.6%

Participant deferral / active EE

$1,765

$2,810-37.2%

$3,964-55.5%

$3,806-53.6%

Admin fee / account holder

$160

$117+36.5%

$5,615-97.2%

$158+1.1%

Provider

Service type

Compensation

MARINER LLC2+ years

Filed as: MARINER, LLC

Service code 27 · EIN 20-4553256

Advisory (Plan)

$38,182

MASSACHUSETTS MUTUAL LIFE INS. CO.2+ years

Filed as: MASSMUTUAL LIFE INSURANCE CO.

Service code 15 · EIN 04-1590850

Recordkeeping

$14,462

PICKETT, CHANEY & MCMULLEN LLP2+ years

Filed as: PICKETT, CHANEY, MCMULLEN LLP, CPA

Service code 10 · EIN 48-1246310

Accounting

$6,950

AMERICAN UNITED LIFE INSURANCE CO1 year

Filed as: ONEAMERICA RETIREMENT SERVICES

Service code 15 · EIN 46-5378846

Recordkeeping

$5,505

MATRIX TRUST COMPANY1 year

Service code 62

Soft dollars commissions; Float revenue

MATRIX TRUST COMPANY1 year

Filed as: MG TRUST COMPANY DBA MATRIX TRUST C

Service code 15 · EIN 75-3182674

Recordkeeping

NEWCOMER FUNERAL SERVICE GROUP, INC. PROFIT SHARING PLAN

Summary metrics

Benchmarksi

Analytics

Service providersi

Plan features & details

Opportunity flagsi

Expense breakdowni

Audit opinioni

NEWCOMER FUNERAL SERVICE GROUP, INC. 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