Retirement plan

METRON, INC. 401(K) PROFIT SHARING PLAN

Name: METRON, INC. - METRON, INC. 401(K) PROFIT SHARING PLAN (2020) Form 5500
Creator: METRON, INC.
License: https://www.dol.gov/general/disclaim
Keywords: Form 5500, ERISA, retirement plan, METRON, INC. 401(K) PROFIT SHARING PLAN, METRON, INC.

METRON, INC.EIN 54-1280776Plan #001PY 2020

1818 LIBRARY ST., SUITE 600 - RESTON, VA 20190703-787-8700metsci.comLinkedIn201-500 employeesdefense & space

Other plans on this EIN

1 filing

#002Retirement-$50.5M assets

Prospect flagsHigh fees

Top hat statement on fileNQDC

Filed May 20, 2019

Plan administrator

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1818 Library Street, Suite 600

Reston State: VA Zip Code: 20190

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Plans declared (1)

Metron, Incorporated Phantom Stock and Performance-Based Bonus Plan21 emp

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Total assets (EOY)

$60.9M

+20.3% from 2019

Total participants

345

+11.7% from 2019

Average account balance

$185,256

+6.8% from 2019

Annual return

16.04%

-9.61 pp from 2019

Benchmarks

See 1,687 peers

Peer group

Industry81 - Other Services (except Public Administration)

Plan typeDefined contribution

Participants100-249

Cohort1,687 peers

Snapshot2020

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

Analytics

Total assets (EOY)

Plan-year ending balance

$67.70M

Not enough data

1 years with asset history on file

Average account balance

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

$204K

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.

332

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.

94.4%

Not enough data

1 years with eligibility data

Contributions (total)

Employer and participant dollars contributed each year

$3.46M

Not enough data

1 years with contributions on file

Contributions per participant

Average employer and participant contribution per enrolled participant

$16K

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

+15.59%

Not enough data

1 years with return on file

Admin fee / account holder

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

$247

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
USI CONSULTING GROUP1 year Filed as: USI ADVISORS INC Service code 16 95 GLASTONBURY BLVD · GLASTONBURY, CT 06033	Consulting	$43,934
METRON INC1 year Service code 14 1818 LIBRARY STREET · RESTON, VA 20190	Plan Administrator	$31,329
T ROWE PRICE RPS INC2 years Service code 15 100 EAST PRATT STREET · BALTIMORE, MD 21202	Recordkeeping	$27,536

Plan features & details

Pension benefit codes2E2F2G2J2R2Q2S2T3D

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.
2Q
ESOP maintained by an S corporation
The employer maintaining this ESOP is an S corporation.
2R
Participant-directed brokerage accounts
Participant-directed brokerage accounts provided as an investment option under the plan.
2S
Automatic enrollment
Plan provides for automatic enrollment in plan that has elective contributions deducted from payroll.
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

1 tripped

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

$103K

$423 / participant

Investment mgmt$44K42.7%
Other / not subdivided$59K57.3%

% of EOY assets

0.169%

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: ARONSON LLC
Auditor EIN: 371611326
Audit fees: (not subdivided)
Opinion code: Disclaimer

Metric

This plan

Peer set

Industry

Size

Avg account balance

$185,256

$66,124+180.2%

$90,430+104.9%

$73,493+152.1%

Participation rate

93.4%

69.7%+23.7pp

72.7%+20.7pp

70.7%+22.7pp

Annual return

16.04%

17.65%-1.6pp

1293.73%-1277.7pp

28.51%-12.5pp

Employer contribution / active EE

$2,346-100.0%

$3,262-100.0%

$2,270-100.0%

Participant deferral / active EE

$10,892

$3,039+258.4%

$3,963+174.9%

$3,740+191.2%

Admin fee / account holder

$312

$396-21.1%

$5,613-94.4%

$513-39.1%

Provider

Service type

Compensation

USI CONSULTING GROUP1 year

Filed as: USI ADVISORS INC

Service code 16

95 GLASTONBURY BLVD · GLASTONBURY, CT 06033

Consulting

$43,934

METRON INC1 year

Service code 14

1818 LIBRARY STREET · RESTON, VA 20190

Plan Administrator

$31,329

T ROWE PRICE RPS INC2 years

Service code 15

100 EAST PRATT STREET · BALTIMORE, MD 21202

Recordkeeping

$27,536

METRON, INC. 401(K) PROFIT SHARING PLAN

Top hat statement on fileNQDC

Plan administrator

Plans declared (1)

Summary metrics

Benchmarksi

Analytics

Service providersi

Plan features & details

Opportunity flagsi

Expense breakdowni

Audit opinioni

METRON, INC. 401(K) PROFIT SHARING PLAN

Top hat statement on fileNQDC

Plan administrator

Plans declared (1)

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