Retirement plan

MTHA RETIREMENT PLAN FOR BACKSTRETCH EMPLOYEES

Name: MARYLAND THOROUGHBRED HORSEMENS ASSOCIATION, INC. - MTHA RETIREMENT PLAN FOR BACKSTRETCH EMPLOYEES (2016) Form 5500
Creator: MARYLAND THOROUGHBRED HORSEMENS ASSOCIATION, INC.
License: https://www.dol.gov/general/disclaim
Keywords: Form 5500, ERISA, retirement plan, MTHA RETIREMENT PLAN FOR BACKSTRETCH EMPLOYEES, MARYLAND THOROUGHBRED HORSEMENS ASSOCIATION, INC.

MARYLAND THOROUGHBRED HORSEMENS ASSOCIATION, INC.EIN 52-1493207Plan #002PY 2016

500 REDLAND COURT SUITE 105 - OWINGS MILLS, MD 21117410-902-6842LinkedIn1-10 employeescivic & social organization

Other plans on this EIN

1 filing

#001Retirement-$364K assets

Prospect flagsLow assets / participant

How to read this page

Total assets (EOY)

$7.4M

+4.5% from 2015

Total participants

593

-1.2% from 2015

Average account balance

$12,551

+5.7% from 2015

Annual return

6.13%

+7.78 pp from 2015

Benchmarks

See 616 peers

Peer group

Industry71 - Arts, Entertainment, and Recreation

Plan typeDefined contribution

Participants100-249

Cohort616 peers

Snapshot2016

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

Analytics

Total assets (EOY)

Plan-year ending balance

$11.54M

Not enough data

1 years with asset history on file

Average account balance

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

$23K

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.

502

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.

84.6%

Not enough data

1 years with eligibility data

Contributions (total)

Employer and participant dollars contributed each year

$1.00M

Not enough data

1 years with contributions on file

Contributions per participant

Average employer and participant contribution per enrolled participant

$2K

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

+11.10%

Not enough data

1 years with return on file

Admin fee / account holder

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

$208

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
POLLARD & ASSOCIATES, INC.1 year Filed as: POLLARD & ASSOCIATES INC Service code 13 · EIN 52-0909772	Contract Administrator	$27,925
ELLIN & TUCKER, CHARTERED2+ years Service code 10 · EIN 52-0807416	Accounting	$9,770
NATIONWIDE2+ years Service code 15 · EIN 31-4156830	Recordkeeping	$2,016
CBIZ RETIREMENT PLAN SERVICES2+ years Filed as: CBIZ Service code 13 · EIN 52-0807416	Contract Administrator	$1,410

Plan features & details

Pension benefit codes2A2E3B3D

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.
3B
Plan covering self-employed individuals
Plan covering self-employed individuals.
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 assets / participant
Assets per participant are in the bottom quintile of the peer cohort - savings-rate / match opportunity.

Expense breakdown

Schedule H Part II

Admin total

$39K

$158 / participant

Investment mgmt$39K100.0%

% of EOY assets

0.520%

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: ELLIN & TUCKER CHARTERED
Auditor EIN: 520959934
Audit fees: (not subdivided)
Opinion code: Disclaimer

Metric

This plan

Peer set

Industry

Size

Avg account balance

$12,551

$38,969-67.8%

$109,313-88.5%

$55,167-77.2%

Participation rate

99.6%

58.2%+41.4pp

71.3%+28.3pp

69.0%+30.6pp

Annual return

6.13%

8.26%-2.1pp

22.07%-15.9pp

169.23%-163.1pp

Employer contribution / active EE

$1,660

$1,227+35.3%

$3,892-57.3%

$1,963-15.4%

Participant deferral / active EE

$2,176-100.0%

$3,166-100.0%

$3,054-100.0%

Admin fee / account holder

$65

$501-87.0%

$5,666-98.8%

$504-87.1%

Provider

Service type

Compensation

POLLARD & ASSOCIATES, INC.1 year

Filed as: POLLARD & ASSOCIATES INC

Service code 13 · EIN 52-0909772

Contract Administrator

$27,925

ELLIN & TUCKER, CHARTERED2+ years

Service code 10 · EIN 52-0807416

Accounting

$9,770

NATIONWIDE2+ years

Service code 15 · EIN 31-4156830

Recordkeeping

$2,016

CBIZ RETIREMENT PLAN SERVICES2+ years

Filed as: CBIZ

Service code 13 · EIN 52-0807416

Contract Administrator

$1,410

MTHA RETIREMENT PLAN FOR BACKSTRETCH EMPLOYEES

Summary metrics

Benchmarksi

Analytics

Service providersi

Plan features & details

Opportunity flagsi

Expense breakdowni

Audit opinioni

MTHA RETIREMENT PLAN FOR BACKSTRETCH EMPLOYEES

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