Retirement plan

MOMAR INCORPORATED RETIREMENT PLAN AND TRUST

Name: MOMAR INCORPORATED - MOMAR INCORPORATED RETIREMENT PLAN AND TRUST (2021) Form 5500
Creator: MOMAR INCORPORATED
License: https://www.dol.gov/general/disclaim
Keywords: Form 5500, ERISA, retirement plan, MOMAR INCORPORATED RETIREMENT PLAN AND TRUST, MOMAR INCORPORATED

MOMAR INCORPORATEDEIN 58-0524461Plan #002PY 2021

1830 ELLSWORTH INDUSTRIAL DRIVE NW - ATLANTA, GA 30318404-355-4580momar.comLinkedIn201-500 employeeschemicals

Prospect flagsHigh feesLow participation

How to read this page

Total assets (EOY)

$30M

+26.1% from 2020

Total participants

354

+2.0% from 2020

Average account balance

$133,235

+21.6% from 2020

Annual return

23.97%

+12.06 pp from 2020

Benchmarks

See 1,172 peers

Peer group

Industry32 - Manufacturing

Plan typeDefined contribution

Participants250-999

Cohort1,172 peers

Snapshot2021

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

Analytics

Total assets (EOY)

Plan-year ending balance

$29.33M

Not enough data

1 years with asset history on file

Average account balance

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

$138K

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.

212

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.

52.7%

Not enough data

1 years with eligibility data

Contributions (total)

Employer and participant dollars contributed each year

$1.63M

Not enough data

1 years with contributions on file

Contributions per participant

Average employer and participant contribution per enrolled participant

$5K

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

+22.37%

Not enough data

1 years with return on file

Admin fee / account holder

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

$1037

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 3 by compensation

Provider	Service type	Compensation
ROCKEFELLER FINANCIAL LLC3 years Filed as: ROCKEFELLER CAPITAL MANAGEMENT Service code 51 · EIN 82-3091545	Investment Mgmt Fees	$171,280
ASCENSUS LLC2 years Filed as: FUTUREPLAN AN ASCENSUS COMPANY Service code 13 · EIN 82-3719843	Contract Administrator	$34,112
HOWARD, MOORE & MCDUFFIE, PC1 year Filed as: HOWARD MOORE & MCDUFFIE PC Service code 10 · EIN 58-1484212	Accounting	$15,000

Plan features & details

Pension benefit codes2E2J2K3D

Plan features

2E
Profit-sharing
Profit-sharing plan.
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.
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.
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

$220K

$723 / participant

Investment mgmt$171K77.7%
Contract admin$49K22.3%
Other / not subdivided$650.0%

% of EOY assets

0.735%

all-in expense ratio

Categories reported

2 / 9

subdivided buckets used

Audit opinion

Schedule H Part III

Unqualified opinion

Auditor signed off without reservation - the cleanest possible opinion.

Auditor firm: HOWARD MOORE & MCDUFFIE PC
Auditor EIN: 581484212
Audit fees: (not subdivided)
Opinion code: Unqualified

Metric

This plan

Peer set

Industry

Size

Avg account balance

$133,235

$93,131+43.1%

$106,555+25.0%

$86,821+53.5%

Participation rate

57.7%

81.4%-23.7pp

76.1%-18.4pp

72.3%-14.6pp

Annual return

23.97%

19.45%+4.5pp

26.80%-2.8pp

97.94%-74.0pp

Employer contribution / active EE

$881

$2,895-69.6%

$2,819-68.8%

$2,406-63.4%

Participant deferral / active EE

$4,062

$4,708-13.7%

$4,399-7.7%

$4,132-1.7%

Admin fee / account holder

$980

$145+575.3%

$7,408-86.8%

$170+477.8%

Provider

Service type

Compensation

ROCKEFELLER FINANCIAL LLC3 years

Filed as: ROCKEFELLER CAPITAL MANAGEMENT

Service code 51 · EIN 82-3091545

Investment Mgmt Fees

$171,280

ASCENSUS LLC2 years

Filed as: FUTUREPLAN AN ASCENSUS COMPANY

Service code 13 · EIN 82-3719843

Contract Administrator

$34,112

HOWARD, MOORE & MCDUFFIE, PC1 year

Filed as: HOWARD MOORE & MCDUFFIE PC

Service code 10 · EIN 58-1484212

Accounting

$15,000

MOMAR INCORPORATED RETIREMENT PLAN AND TRUST

Summary metrics

Benchmarksi

Analytics

Service providersi

Plan features & details

Opportunity flagsi

Expense breakdowni

Audit opinioni

MOMAR INCORPORATED RETIREMENT PLAN AND TRUST

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