Retirement plan

MARYLAND MANAGEMENT COMPANY 401(K) PROFIT SHARING PLAN

Name: MARYLAND MANAGEMENT COMPANY - MARYLAND MANAGEMENT COMPANY 401(K) PROFIT SHARING PLAN (2016) Form 5500
Creator: MARYLAND MANAGEMENT COMPANY
License: https://www.dol.gov/general/disclaim
Keywords: Form 5500, ERISA, retirement plan, MARYLAND MANAGEMENT COMPANY 401(K) PROFIT SHARING PLAN, MARYLAND MANAGEMENT COMPANY

MARYLAND MANAGEMENT COMPANYEIN 52-0577857Plan #001PY 2016

2613 CABOVER DRIVE - HANOVER, MD 21076410-533-0070marylandmanagement.comLinkedIn201-500 employeesreal estate

Prospect flagsLow participation

How to read this page

Total assets (EOY)

$8.5M

+12.3% from 2015

Total participants

226

-4.2% from 2015

Average account balance

$60,104

+9.9% from 2015

Annual return

7.80%

+8.58 pp from 2015

Benchmarks

See 896 peers

Peer group

Industry53 - Real Estate and Rental and Leasing

Plan typeDefined contribution

Participants100-249

Cohort896 peers

Snapshot2016

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

Analytics

Total assets (EOY)

Plan-year ending balance

$16.57M

Not enough data

1 years with asset history on file

Average account balance

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

$117K

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.

142

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.

62.1%

Not enough data

1 years with eligibility data

Contributions (total)

Employer and participant dollars contributed each year

$832K

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

+16.62%

Not enough data

1 years with return on file

Admin fee / account holder

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

$312

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
CBIZ RETIREMENT PLAN SERVICES2+ years Filed as: CBIZ FINANCIAL SOLUTIONS, INC. Service code 27 · EIN 52-1396995	Advisory (Plan)	$12,011
MASSACHUSETTS MUTUAL LIFE INS. CO.2+ years Filed as: MML INVESTORS SERVICES INC Service code 53 · EIN 04-2746212	Insurance Commissions	$5,190
MASSACHUSETTS MUTUAL LIFE INS. CO.1 year Filed as: MASSACHUSETTS MUTUAL LIFE INSURANCE Service code 52 · EIN 04-1590850	Indirect Investment Fees	$2,530
CBIZ RETIREMENT PLAN SERVICES2+ years Filed as: CBIZ BENEFITS AND INSURANCE SERVICE Service code 13 · EIN 52-0807416	Contract Administrator	$1,650
JOHN HANCOCK LIFE INSURANCE COMPANY1 year Filed as: JOHN BOYNTON Service code 53	Insurance Commissions	$227
JOHN HANCOCK LIFE INSURANCE COMPANY1 year Filed as: JOHN W BOYNTON Service code 53 11350 MCCORMICK RD · HUNT VALLEY, MD 21031	Insurance Commissions	$0

Plan features & details

Pension benefit codes3D2G2J2K2E2T2F

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

$3K

$12 / participant

Contract admin$3K100.0%

% of EOY assets

0.030%

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: ROSEN SAPPERSTEIN AND FRIEDLANDER
Auditor EIN: 475153865
Audit fees: (not subdivided)
Opinion code: Disclaimer

Metric

This plan

Peer set

Industry

Size

Avg account balance

$60,104

$50,898+18.1%

$171,082-64.9%

$55,167+8.9%

Participation rate

58.3%

63.3%-4.9pp

76.7%-18.4pp

69.0%-10.7pp

Annual return

7.80%

15.34%-7.5pp

32.56%-24.8pp

169.23%-161.4pp

Employer contribution / active EE

$398

$1,433-72.2%

$4,002-90.1%

$1,963-79.7%

Participant deferral / active EE

$2,235

$2,994-25.3%

$4,797-53.4%

$3,054-26.8%

Admin fee / account holder

$18

$500-96.4%

$8,520-99.8%

$504-96.4%

Provider

Service type

Compensation

CBIZ RETIREMENT PLAN SERVICES2+ years

Filed as: CBIZ FINANCIAL SOLUTIONS, INC.

Service code 27 · EIN 52-1396995

Advisory (Plan)

$12,011

MASSACHUSETTS MUTUAL LIFE INS. CO.2+ years

Filed as: MML INVESTORS SERVICES INC

Service code 53 · EIN 04-2746212

Insurance Commissions

$5,190

MASSACHUSETTS MUTUAL LIFE INS. CO.1 year

Filed as: MASSACHUSETTS MUTUAL LIFE INSURANCE

Service code 52 · EIN 04-1590850

Indirect Investment Fees

$2,530

CBIZ RETIREMENT PLAN SERVICES2+ years

Filed as: CBIZ BENEFITS AND INSURANCE SERVICE

Service code 13 · EIN 52-0807416

Contract Administrator

$1,650

JOHN HANCOCK LIFE INSURANCE COMPANY1 year

Filed as: JOHN BOYNTON

Service code 53

Insurance Commissions

$227

JOHN HANCOCK LIFE INSURANCE COMPANY1 year

Filed as: JOHN W BOYNTON

Service code 53

11350 MCCORMICK RD · HUNT VALLEY, MD 21031

Insurance Commissions

MARYLAND MANAGEMENT COMPANY 401(K) PROFIT SHARING PLAN

Summary metrics

Benchmarksi

Analytics

Service providersi

Plan features & details

Opportunity flagsi

Expense breakdowni

Audit opinioni

MARYLAND MANAGEMENT COMPANY 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