Retirement plan

MPR ASSOCIATES, INC. 401(K) AND PROFIT SHARING PLAN

Name: MPR ASSOCIATES, INC. - MPR ASSOCIATES, INC. 401(K) AND PROFIT SHARING PLAN (2019) Form 5500
Creator: MPR ASSOCIATES, INC.
License: https://www.dol.gov/general/disclaim
Keywords: Form 5500, ERISA, retirement plan, MPR ASSOCIATES, INC. 401(K) AND PROFIT SHARING PLAN, MPR ASSOCIATES, INC.

MPR ASSOCIATES, INC.EIN 52-0804505Plan #002PY 2019

320 KING STREET - ALEXANDRIA, VA 22314703-519-0200mpr.comLinkedIn201-500 employeesdesign

Prospect flagsHigh feesHigh assets / participant

How to read this page

Total assets (EOY)

$145.1M

+22.8% from 2018

Total participants

360

+3.7% from 2018

Average account balance

$417,080

+20.3% from 2018

Annual return

23.49%

-145.33 pp from 2018

Benchmarks

See 5,552 peers

Peer group

Industry54 - Professional, Scientific, and Technical Services

Plan typeDefined contribution

Participants100-249

Cohort5,552 peers

Snapshot2019

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

Analytics

Total assets (EOY)

Plan-year ending balance

$200.48M

Not enough data

1 years with asset history on file

Average account balance

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

$511K

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.

392

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.

98.5%

Not enough data

1 years with eligibility data

Contributions (total)

Employer and participant dollars contributed each year

$8.71M

Not enough data

1 years with contributions on file

Contributions per participant

Average employer and participant contribution per enrolled participant

$32K

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

+13.07%

Not enough data

1 years with return on file

Admin fee / account holder

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

$37

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 4 by compensation

Provider	Service type	Compensation
MMA SECURITIES LLC5+ years Filed as: MMC SECURITIES Service code 16 P.O. BOX 28405 · NEW YORK, NY 10087	Consulting	$45,000
GROSSBERG COMPANY, LLP1 year Filed as: GROSSBERG COMPANY LLP Service code 10 6500 ROCK SPRING DRIVE · BETHESDA, MD 20817	Accounting	$39,846
MERCER1 year Service code 16 PO BOX 13793 · DALLAS, TX 75373	Consulting	$15,207
T ROWE PRICE RPS INC5+ years Service code 15 100 EAST PRATT STREET · BALTIMORE, MD 21202	Recordkeeping	$13,281

Plan features & details

Pension benefit codes2E2G2J3D

Plan features

2E
Profit-sharing
Profit-sharing plan.
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.
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

OpportunityHigh fees
Administrative expenses exceed $300 per participant per year - possible fee-review opportunity. (Recordkeeping / audit / legal; excludes investment management.)
InformationalHigh assets / participant
Assets per participant exceed $250,000 - top-decile high-value plan.

Expense breakdown

Schedule H Part II

Admin total

$117K

$478 / participant

Other / not subdivided$117K100.0%

% of EOY assets

0.081%

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: GROSSBERG COMPANY LLP
Auditor EIN: 520807134
Audit fees: (not subdivided)
Opinion code: Disclaimer

Metric

This plan

Peer set

Industry

Size

Avg account balance

$417,080

$89,652+365.2%

$141,197+195.4%

$65,186+539.8%

Participation rate

95.1%

74.7%+20.4pp

82.5%+12.6pp

70.2%+24.9pp

Annual return

23.49%

32.79%-9.3pp

71.41%-47.9pp

29.39%-5.9pp

Employer contribution / active EE

$17,463

$3,065+469.8%

$4,736+268.7%

$2,177+702.2%

Participant deferral / active EE

$10,605

$5,691+86.3%

$6,710+58.0%

$3,514+201.8%

Admin fee / account holder

$338

$569-40.6%

$10,265-96.7%

$847-60.2%

Provider

Service type

Compensation

MMA SECURITIES LLC5+ years

Filed as: MMC SECURITIES

Service code 16

P.O. BOX 28405 · NEW YORK, NY 10087

Consulting

$45,000

GROSSBERG COMPANY, LLP1 year

Filed as: GROSSBERG COMPANY LLP

Service code 10

6500 ROCK SPRING DRIVE · BETHESDA, MD 20817

Accounting

$39,846

MERCER1 year

Service code 16

PO BOX 13793 · DALLAS, TX 75373

Consulting

$15,207

T ROWE PRICE RPS INC5+ years

Service code 15

100 EAST PRATT STREET · BALTIMORE, MD 21202

Recordkeeping

$13,281

MPR ASSOCIATES, INC. 401(K) AND PROFIT SHARING PLAN

Summary metrics

Benchmarksi

Analytics

Service providersi

Plan features & details

Opportunity flagsi

Expense breakdowni

Audit opinioni

MPR ASSOCIATES, INC. 401(K) AND 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