Retirement plan

MILLER, LONG, & ARNOLD 401(K) RETIREMENT PLAN

Name: MILLER, LONG & ARNOLD CO., INC. - MILLER, LONG, & ARNOLD 401(K) RETIREMENT PLAN (2019) Form 5500
Creator: MILLER, LONG & ARNOLD CO., INC.
License: https://www.dol.gov/general/disclaim
Keywords: Form 5500, ERISA, retirement plan, MILLER, LONG, & ARNOLD 401(K) RETIREMENT PLAN, MILLER, LONG & ARNOLD CO., INC.

MILLER, LONG & ARNOLD CO., INC.EIN 52-1731486Plan #002PY 2019

4701 WASHINGTON BLVD. - BALTIMORE, MD 21227410-247-9631mlaconcrete.comLinkedIn51-200 employeesconstruction

Prospect flagsLow returnsLow participation

How to read this page

Total assets (EOY)

$8.1M

+7.7% from 2018

Total participants

185

-31.2% from 2018

Average account balance

$74,107

+114.3% from 2018

Annual return

16.20%

+23.51 pp from 2018

Benchmarks

See 2,830 peers

Peer group

Industry23 - Construction

Plan typeDefined contribution

Participants100-249

Cohort2,830 peers

Snapshot2019

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

Analytics

Total assets (EOY)

Plan-year ending balance

$10.92M

Not enough data

1 years with asset history on file

Average account balance

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

$73K

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.

150

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.

85.1%

Not enough data

1 years with eligibility data

Contributions (total)

Employer and participant dollars contributed each year

$1.15M

Not enough data

1 years with contributions on file

Contributions per participant

Average employer and participant contribution per enrolled participant

$8K

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

+11.05%

Not enough data

1 years with return on file

Admin fee / account holder

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

$276

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
NEWPORT GROUP, INC.1 year Service code 15 · EIN 27-2037969	Recordkeeping	$4,825
PNC BANK, N.A.5+ years Service code 25 · EIN 22-1146430	Directed Trustee	$2,925
NEWPORT GROUP, INC.1 year Filed as: NEWPORT GROUP, INC Service code 52	Indirect Investment Fees	$0
PNC BANK, N.A.5+ years Filed as: PNC BANK, NATIONAL ASSOCIATION Service code 52	Indirect Investment Fees	$0

Plan features & details

Pension benefit codes2E2F2G2J2T3D

Plan features

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).
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

OpportunityLow participation
Participation rate is below 70% (account-balance holders / active employees) - enrollment or auto-enroll opportunity.
OpportunityLow returns
Annual investment return is in the bottom quintile of the peer cohort.

Expense breakdown

Schedule H Part II

Admin total

$8K

$49 / participant

Other / not subdivided$8K100.0%

% of EOY assets

0.096%

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: SC&H ATTEST SERVICES, P.C.
Auditor EIN: 521743645
Audit fees: (not subdivided)
Opinion code: Disclaimer

Metric

This plan

Peer set

Industry

Size

Avg account balance

$74,107

$63,114+17.4%

$92,909-20.2%

$65,185+13.7%

Participation rate

52.2%

68.8%-16.6pp

76.0%-23.8pp

70.2%-18.0pp

Annual return

16.20%

28.75%-12.5pp

109.44%-93.2pp

29.38%-13.2pp

Employer contribution / active EE

$2,261

$2,571-12.1%

$3,653-38.1%

$2,177+3.9%

Participant deferral / active EE

$1,515

$3,108-51.3%

$4,238-64.3%

$3,514-56.9%

Admin fee / account holder

$71

$624-88.6%

$5,795-98.8%

$847-91.6%

Provider

Service type

Compensation

NEWPORT GROUP, INC.1 year

Service code 15 · EIN 27-2037969

Recordkeeping

$4,825

PNC BANK, N.A.5+ years

Service code 25 · EIN 22-1146430

Directed Trustee

$2,925

NEWPORT GROUP, INC.1 year

Filed as: NEWPORT GROUP, INC

Service code 52

Indirect Investment Fees

PNC BANK, N.A.5+ years

Filed as: PNC BANK, NATIONAL ASSOCIATION

Service code 52

Indirect Investment Fees

MILLER, LONG, & ARNOLD 401(K) RETIREMENT PLAN

Summary metrics

Benchmarksi

Analytics

Service providersi

Plan features & details

Opportunity flagsi

Expense breakdowni

Audit opinioni

MILLER, LONG, & ARNOLD 401(K) 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