Retirement plan

GEORGE MOEHRLE MASONRY, INC. RETIREMENT PLAN

Name: GEORGE MOEHRLE MASONRY, INC. - GEORGE MOEHRLE MASONRY, INC. RETIREMENT PLAN (2021) Form 5500
Creator: GEORGE MOEHRLE MASONRY, INC.
License: https://www.dol.gov/general/disclaim
Keywords: Form 5500, ERISA, retirement plan, GEORGE MOEHRLE MASONRY, INC. RETIREMENT PLAN, GEORGE MOEHRLE MASONRY, INC.

GEORGE MOEHRLE MASONRY, INC.EIN 52-1438573Plan #002PY 2021

5101A MOUNTVILLE ROAD - FREDERICK, MD 21703301-662-7584moehrlemasonry.comLinkedIn11-50 employeesconstruction

Prospect flagsHigh feesLow participant contributionRecently reached 100 employeesLow fidelity bond

How to read this page

Total assets (EOY)

$4.5M

+29.6% from 2020

Total participants

166

+71.1% from 2020

Average account balance

$30,382

-22.4% from 2020

Annual return

17.11%

+5.53 pp from 2020

Benchmarks

See 2,980 peers

Peer group

Industry23 - Construction

Plan typeDefined contribution

Participants100-249

Cohort2,980 peers

Snapshot2021

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

Analytics

Total assets (EOY)

Plan-year ending balance

$4.99M

Not enough data

1 years with asset history on file

Average account balance

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

$42K

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.

119

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.

52.8%

Not enough data

1 years with eligibility data

Contributions (total)

Employer and participant dollars contributed each year

$460K

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

+13.38%

Not enough data

1 years with return on file

Admin fee / account holder

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

$407

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

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Service providers

Top 3 by compensation

Provider	Service type	Compensation
LYDON, FETTEROLF, CORYDON PA1 year Service code 10 9401 KEY WEST AVE · ROCKVILLE, MD 20850	Accounting	$20,505
ASCENSUS LLC1 year Service code 15 · EIN 11-3665754	Recordkeeping	$19,948
BB&T3 years Service code 15 · EIN 56-1368984	Recordkeeping	$4,443

Plan features & details

Pension benefit codes2A2E3D2H2J2K2F2T3H

Plan features

2A
Age/service weighted or new comparability plan
Age/service weighted plan where allocations are based on age service or age and service; or new comparability or similar plan where allocations are based on participant classifications consisting entirely or predominantly of highly compensated employees or the plan provides an additional allocation rate on compensation above a specified threshold that exceeds the permitted disparity limits of Code section 401(l).
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).
2H
Partial participant-directed account plan
Participants have the opportunity to direct the investment of a portion 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.
3H
Controlled group member
Plan sponsor(s) is (are) a member(s) of a controlled group (Code sections 414(b) (c) or (m)).

Opportunity flags

4 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.)
ComplianceLow fidelity bond
Fidelity bond coverage is below the ERISA section 412 10%-of-assets minimum (capped at $500,000).
InformationalRecently reached 100 employees
Sponsor crossed the 100-balance-holder threshold in the most recent filing - large-plan audit requirement now applies.

Expense breakdown

Schedule H Part II

Admin total

$45K

$340 / participant

Contract admin$20K44.8%
Other / not subdivided$25K55.2%

% of EOY assets

1.005%

all-in expense ratio

Categories reported

1 / 9

subdivided buckets used

Audit opinion

Schedule H Part III

Unqualified opinion

Auditor signed off without reservation - the cleanest possible opinion.

Auditor firm: LYDON FETTEROLF CORYDON, PA
Auditor EIN: 521185156
Audit fees: (not subdivided)
Opinion code: Unqualified

Metric

This plan

Peer set

Industry

Size

Avg account balance

$30,382

$77,677-60.9%

$109,173-72.2%

$79,391-61.7%

Participation rate

85.6%

67.8%+17.8pp

75.9%+9.7pp

70.7%+14.9pp

Annual return

17.11%

23.44%-6.3pp

25.75%-8.6pp

116.88%-99.8pp

Employer contribution / active EE

$5,331

$2,798+90.5%

$3,723+43.2%

$2,428+119.6%

Participant deferral / active EE

$522

$3,517-85.2%

$4,654-88.8%

$4,046-87.1%

Admin fee / account holder

$305

$732-58.3%

$6,755-95.5%

$627-51.3%

Provider

Service type

Compensation

LYDON, FETTEROLF, CORYDON PA1 year

Service code 10

9401 KEY WEST AVE · ROCKVILLE, MD 20850

Accounting

$20,505

ASCENSUS LLC1 year

Service code 15 · EIN 11-3665754

Recordkeeping

$19,948

BB&T3 years

Service code 15 · EIN 56-1368984

Recordkeeping

$4,443

GEORGE MOEHRLE MASONRY, INC. RETIREMENT PLAN

Summary metrics

Benchmarksi

Analytics

Service providersi

Plan features & details

Opportunity flagsi

Expense breakdowni

Audit opinioni

GEORGE MOEHRLE MASONRY, INC. RETIREMENT 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