Retirement plan

EMPLOYEES RETIREMENT PLAN OF MOTHER MURPHYS LABORATORIES, INC.

Name: MOTHER MURPHYS LABORATORIES, INC. - EMPLOYEES RETIREMENT PLAN OF MOTHER MURPHYS LABORATORIES, INC. (2017) Form 5500
Creator: MOTHER MURPHYS LABORATORIES, INC.
License: https://www.dol.gov/general/disclaim
Keywords: Form 5500, ERISA, retirement plan, EMPLOYEES RETIREMENT PLAN OF MOTHER MURPHYS LABORATORIES, INC., MOTHER MURPHYS LABORATORIES, INC.

MOTHER MURPHYS LABORATORIES, INC.EIN 56-0505027Plan #001PY 2017

2826 SOUTH ELM-EUGENE STREET - GREENSBORO, NC 27406336-273-1737

Prospect flagsHigh fees

How to read this page

Total assets (EOY)

$21.1M

+17.9% from 2016

Total participants

107

-2.7% from 2016

Average account balance

$197,659

+21.2% from 2016

Annual return

17.13%

+13.90 pp from 2016

Benchmarks

See 935 peers

Peer group

Industry31 - Manufacturing

Plan typeDefined contribution

Participants100-249

Cohort935 peers

Snapshot2017

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

Analytics

Total assets (EOY)

Plan-year ending balance

$42.36M

Not enough data

1 years with asset history on file

Average account balance

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

$265K

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.

160

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.

100.0%

Not enough data

1 years with eligibility data

Contributions (total)

Employer and participant dollars contributed each year

$2.18M

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

+14.66%

Not enough data

1 years with return on file

Admin fee / account holder

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

$666

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

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 codes2E2F2G2T3D

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.
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

$1.5M

$14760 / participant

Other / not subdivided$1M100.0%

% of EOY assets

6.979%

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

$197,659

$50,385+292.3%

$75,501+161.8%

$62,293+217.3%

Participation rate

100.0%

67.7%+32.3pp

72.4%+27.6pp

69.5%+30.5pp

Annual return

17.13%

19.90%-2.8pp

27.35%-10.2pp

28.90%-11.8pp

Employer contribution / active EE

$15,152

$1,537+885.6%

$2,352+544.3%

$2,042+641.9%

Participant deferral / active EE

$2,445-100.0%

$3,142-100.0%

$3,169-100.0%

Admin fee / account holder

$13,794

$384+3490.8%

$5,801+137.8%

$479+2777.8%

EMPLOYEES RETIREMENT PLAN OF MOTHER MURPHYS LABORATORIES, INC.

Summary metrics

Benchmarksi

Analytics

Service providersi

Plan features & details

Opportunity flagsi

Expense breakdowni

Audit opinioni

EMPLOYEES RETIREMENT PLAN OF MOTHER MURPHYS LABORATORIES, 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