Retirement plan

EMPLOYEE BENEFIT PLAN OF MONTGOMERY COMMUNITY TELEVISION, INC.

Name: MONTGOMERY COMMUNITY TELEVISION, IN C. - EMPLOYEE BENEFIT PLAN OF MONTGOMERY COMMUNITY TELEVISION, INC. (2016) Form 5500
Creator: MONTGOMERY COMMUNITY TELEVISION, IN C.
License: https://www.dol.gov/general/disclaim
Keywords: Form 5500, ERISA, retirement plan, EMPLOYEE BENEFIT PLAN OF MONTGOMERY COMMUNITY TELEVISION, INC., MONTGOMERY COMMUNITY TELEVISION, IN C.

MONTGOMERY COMMUNITY TELEVISION, IN C.EIN 52-1372897Plan #001PY 2016

7548 STANDISH PL - ROCKVILLE, MD 20855301-424-1730accessmontgomery.tvLinkedIn11-50 employeestelecommunications

Other plans on this EIN

1 filing

#002Retirement-$1.3M assets

Prospect flagsHigh feesLow participant contribution

How to read this page

Total assets (EOY)

$2.2M

+8.2% from 2015

Total participants

+1.4% from 2015

Average account balance

$31,747

+8.2% from 2015

Annual return

6.77%

+7.73 pp from 2015

Benchmarks

See 7,815 peers

Peer group

Industry81 - Other Services (except Public Administration)

Plan typeDefined contribution

Participants25-99

Cohort7,815 peers

Snapshot2016

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

Analytics

Total assets (EOY)

Plan-year ending balance

$1.78M

Not enough data

1 years with asset history on file

Average account balance

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

$28K

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.

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.

315.0%

Not enough data

1 years with eligibility data

Contributions (total)

Employer and participant dollars contributed each year

$61K

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

+9.53%

Not enough data

1 years with return on file

Admin fee / account holder

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

$9975

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

0 years with F_SCH_H allocation on file

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

Service providers

Providers data not reported

Schedule C was not filed on this plan's most recent Form 5500, so no compensated service providers are available to display.

Plan features & details

Pension benefit codes2C2G3D

Plan features

2C
Money purchase plan
Money purchase pension plan other than a target benefit 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.
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 participant contribution
Participant contribution per participant is in the bottom quintile of the peer cohort.
OpportunityHigh fees
Administrative expenses exceed $300 per participant per year - possible fee-review opportunity. (Recordkeeping / audit / legal; excludes investment management.)

Expense breakdown

Schedule H Part II

Admin total

$46K

$1302 / participant

Other / not subdivided$46K100.0%

% of EOY assets

2.051%

all-in expense ratio

Categories reported

0 / 9

subdivided buckets used

Audit opinion

Schedule H Part III

No opinion code on file for this filing.

Auditor firm: (not reported)
Auditor EIN: -
Audit fees: (not subdivided)
Opinion code: -

Metric

This plan

Peer set

Industry

Size

Avg account balance

$31,747

$48,078-34.0%

$78,676-59.6%

$62,881-49.5%

Participation rate

97.1%

65.2%+31.9pp

73.6%+23.6pp

69.3%+27.8pp

Annual return

6.77%

31.36%-24.6pp

62.19%-55.4pp

20.14%-13.4pp

Employer contribution / active EE

$2,139

$2,015+6.2%

$2,850-24.9%

$2,281-6.2%

Participant deferral / active EE

$2,587-100.0%

$3,517-100.0%

$3,203-100.0%

Admin fee / account holder

$651

$3,206-79.7%

$4,510-85.6%

$4,296-84.8%

EMPLOYEE BENEFIT PLAN OF MONTGOMERY COMMUNITY TELEVISION, INC.

Summary metrics

Benchmarksi

Analytics

Service providersi

Plan features & details

Opportunity flagsi

Expense breakdowni

Audit opinioni

EMPLOYEE BENEFIT PLAN OF MONTGOMERY COMMUNITY TELEVISION, INC.

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