Retirement plan

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

Name: MPR ASSOCIATES, INC. - MPR ASSOCIATES, INC. 401(K) AND PROFIT SHARING PLAN (2021) 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 2021

320 KING STREET, SUITE 400 - ALEXANDRIA, VA 22314703-519-0200mpr.comLinkedIn201-500 employeesdesign

Prospect flagsHigh feesHigh assets / participant

How to read this page

Total assets (EOY)

$188.7M

+16.9% from 2020

Total participants

356

+3.2% from 2020

Average account balance

$537,531

+12.9% from 2020

Annual return

15.28%

-1.05 pp from 2020

Benchmarks

See 5,714 peers

Peer group

Industry54 - Professional, Scientific, and Technical Services

Plan typeDefined contribution

Participants100-249

Cohort5,714 peers

Snapshot2021

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 3 by compensation

Provider	Service type	Compensation
MERCER3 years Service code 16 PO BOX 13793 · DALLAS, TX 75373	Consulting	$90,281
GROSSBERG COMPANY, LLP3 years Filed as: GROSSBERG COMPANY LLP Service code 10 6500 ROCK SPRING DRIVE · BETHESDA, MD 20817	Accounting	$73,198
T ROWE PRICE RPS INC7+ years Service code 15 100 EAST PRATT STREET · BALTIMORE, MD 21202	Recordkeeping	$49,795

Plan features & details

Pension benefit codes2E2G2J2T3D

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.
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

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

$213K

$927 / participant

Other / not subdivided$213K100.0%

% of EOY assets

0.113%

all-in expense ratio

Categories reported

0 / 9

subdivided buckets used

Audit opinion

Schedule H Part III

Unqualified opinion

Auditor signed off without reservation - the cleanest possible opinion.

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

Metric

This plan

Peer set

Industry

Size

Avg account balance

$537,531

$104,497+414.4%

$159,487+237.0%

$79,389+577.1%

Participation rate

97.8%

76.6%+21.2pp

82.8%+15.0pp

70.7%+27.1pp

Annual return

15.28%

67.98%-52.7pp

263.71%-248.4pp

116.89%-101.6pp

Employer contribution / active EE

$20,331

$3,418+494.9%

$4,831+320.8%

$2,428+737.4%

Participant deferral / active EE

$12,811

$6,468+98.1%

$7,354+74.2%

$4,046+216.6%

Admin fee / account holder

$608

$711-14.6%

$10,804-94.4%

$626-3.0%

Provider

Service type

Compensation

MERCER3 years

Service code 16

PO BOX 13793 · DALLAS, TX 75373

Consulting

$90,281

GROSSBERG COMPANY, LLP3 years

Filed as: GROSSBERG COMPANY LLP

Service code 10

6500 ROCK SPRING DRIVE · BETHESDA, MD 20817

Accounting

$73,198

T ROWE PRICE RPS INC7+ years

Service code 15

100 EAST PRATT STREET · BALTIMORE, MD 21202

Recordkeeping

$49,795

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