Retirement plan

THE MILLER-CLAPPERTON PARTNERSHIP, INC. 401(K) RETIREMENT PLAN

Name: THE MILLER-CLAPPERTON PARTNERSHIP, INC. - THE MILLER-CLAPPERTON PARTNERSHIP, INC. 401(K) RETIREMENT PLAN (2017) Form 5500
Creator: THE MILLER-CLAPPERTON PARTNERSHIP, INC.
License: https://www.dol.gov/general/disclaim
Keywords: Form 5500, ERISA, retirement plan, THE MILLER-CLAPPERTON PARTNERSHIP, INC. 401(K) RETIREMENT PLAN, THE MILLER-CLAPPERTON PARTNERSHIP, INC.

THE MILLER-CLAPPERTON PARTNERSHIP, INC.EIN 58-1471374Plan #001PY 2017

7948 SECOND FLAG DRIVE - AUSTELL, GA 30168770-405-1125

Other plans on this EIN

1 filing

#002Retirement-$3.0M assets

Prospect flagsLow participationLow assets / participantRecently reached 100 employees

How to read this page

Total assets (EOY)

$2M

+47.3% from 2016

Total participants

158

+16.2% from 2016

Average account balance

$20,233

+0.2% from 2016

Annual return

22.65%

+15.49 pp from 2016

Benchmarks

See 4,147 peers

Peer group

Industry33 - Manufacturing

Plan typeDefined contribution

Participants100-249

Cohort4,147 peers

Snapshot2017

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

Analytics

Total assets (EOY)

Plan-year ending balance

$7.72M

Not enough data

1 years with asset history on file

Average account balance

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

$59K

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.

131

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.

62.3%

Not enough data

1 years with eligibility data

Contributions (total)

Employer and participant dollars contributed each year

$913K

Not enough data

1 years with contributions on file

Contributions per participant

Average employer and participant contribution per enrolled participant

$6K

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

+14.38%

Not enough data

1 years with return on file

Admin fee / account holder

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

$68

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 10 of 17 by compensation

Provider	Service type	Compensation
T ROWE PRICE RPS INC2 years Filed as: T. ROWE PRICE RPS, INC Service code 15 · EIN 52-1309931	Recordkeeping	$6,756
AMERICAN UNITED LIFE INSURANCE CO2 years Filed as: AMEICAN CENTURY Service code 28	Investment Management	$0
AMERICAN CENTURY2 years Service code 28 · EIN 43-1709952	Investment Management	$0
COLUMBIA1 year Filed as: COLUMBIA FUNDS Service code 15 · EIN 93-0577450	Recordkeeping	$0
HARBOR2 years Service code 28	Investment Management	$0
HARBOR2 years Filed as: HARBOR CAPITAL Service code 28 · EIN 04-2679462	Investment Management	$0
IVY FUNDS1 year Filed as: IVY FUND Service code 28	Investment Management	$0
IVY FUNDS1 year Service code 28 · EIN 51-0261715	Investment Management	$0
MORGAN STANLEY SMITH BARNEY2 years Filed as: JP MORGAN Service code 28 · EIN 13-2624428	Investment Management	$0
METROPOLITAN WEST ASSET MANAGEMENT2 years Filed as: MET WEST Service code 28 · EIN 95-4597302	Investment Management	$0

Plan features & details

Pension benefit codes2F2G2J2K2S2E3D

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.
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.
2S
Automatic enrollment
Plan provides for automatic enrollment in plan that has elective contributions deducted from payroll.
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

3 tripped

OpportunityLow participation
Participation rate is below 70% (account-balance holders / active employees) - enrollment or auto-enroll opportunity.
OpportunityLow assets / participant
Assets per participant are in the bottom quintile of the peer cohort - savings-rate / match opportunity.
InformationalRecently reached 100 employees
Sponsor crossed the 100-balance-holder threshold in the most recent filing - large-plan audit requirement now applies.

Expense breakdown

Schedule H Part II

Admin total

$7K

$48 / participant

Other / not subdivided$7K100.0%

% of EOY assets

0.334%

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: HLB GROSS COLLINS
Auditor EIN: 581367012
Audit fees: (not subdivided)
Opinion code: Disclaimer

Metric

This plan

Peer set

Industry

Size

Avg account balance

$20,233

$64,909-68.8%

$82,312-75.4%

$62,293-67.5%

Participation rate

59.2%

74.9%-15.7pp

76.9%-17.7pp

69.5%-10.4pp

Annual return

22.65%

21.18%+1.5pp

25.88%-3.2pp

28.90%-6.2pp

Employer contribution / active EE

$1,219

$1,676-27.3%

$2,428-49.8%

$2,042-40.3%

Participant deferral / active EE

$1,836

$3,103-40.9%

$3,706-50.5%

$3,169-42.1%

Admin fee / account holder

$68

$440-84.6%

$5,608-98.8%

$479-85.9%

Provider

Service type

Compensation

T ROWE PRICE RPS INC2 years

Filed as: T. ROWE PRICE RPS, INC

Service code 15 · EIN 52-1309931

Recordkeeping

$6,756

AMERICAN UNITED LIFE INSURANCE CO2 years

Filed as: AMEICAN CENTURY

Service code 28

Investment Management

AMERICAN CENTURY2 years

Service code 28 · EIN 43-1709952

Investment Management

COLUMBIA1 year

Filed as: COLUMBIA FUNDS

Service code 15 · EIN 93-0577450

Recordkeeping

HARBOR2 years

Service code 28

Investment Management

HARBOR2 years

Filed as: HARBOR CAPITAL

Service code 28 · EIN 04-2679462

Investment Management

IVY FUNDS1 year

Filed as: IVY FUND

Service code 28

Investment Management

IVY FUNDS1 year

Service code 28 · EIN 51-0261715

Investment Management

MORGAN STANLEY SMITH BARNEY2 years

Filed as: JP MORGAN

Service code 28 · EIN 13-2624428

Investment Management

METROPOLITAN WEST ASSET MANAGEMENT2 years

Filed as: MET WEST

Service code 28 · EIN 95-4597302

Investment Management

THE MILLER-CLAPPERTON PARTNERSHIP, INC. 401(K) RETIREMENT PLAN

Summary metrics

Benchmarksi

Analytics

Service providersi

Plan features & details

Opportunity flagsi

Expense breakdowni

Audit opinioni

THE MILLER-CLAPPERTON PARTNERSHIP, INC. 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