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 (2023) 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 2023

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

Other plans on this EIN

1 filing

#002Retirement-$6.9M assets

Prospect flagsLow participation

How to read this page

Total assets (EOY)

$6.2M

+34.4% from 2022

Total participants

194

-7.2% from 2022

Average account balance

$51,258

+38.9% from 2022

Annual return

20.75%

+39.79 pp from 2022

Benchmarks

See 4,137 peers

Peer group

Industry33 - Manufacturing

Plan typeDefined contribution

Participants100-249

Cohort4,137 peers

Snapshot2023

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 16 by compensation

Provider	Service type	Compensation
T ROWE PRICE RPS INC7 years Filed as: T. ROWE PRICE RPS, INC. Service code 15 · EIN 52-1309931	Recordkeeping	$7,730
AMERICAN CENTURY1 year Filed as: AMERICAN CENTURY INVESTMENTS Service code 28 · EIN 20-0623152	Investment Management	$0
AMERICAN FUNDS4 years Service code 28 · EIN 95-1411037	Investment Management	$0
BLACKROCK1 year Filed as: BLACKROCK FUNDS Service code 28 · EIN 04-6171663	Investment Management	$0
COLUMBIA7 years Filed as: COLUMBIA FUNDS Service code 28 · EIN 93-0577450	Investment Management	$0
DIMENSIONAL FUND ADVISORS5 years Filed as: DIMENSIONAL FUNDS Service code 28 · EIN 95-4470812	Investment Management	$0
EATON VANCE4 years Service code 28 · EIN 04-2718215	Investment Management	$0
FIDELITY INVESTMENTS INSTITUTIONAL5 years Filed as: FIDELITY Service code 28 · EIN 04-2647786	Investment Management	$0
INVESCO3 years Service code 28 · EIN 26-4521338	Investment Management	$0
MORGAN STANLEY SMITH BARNEY6 years Filed as: JP MORGAN FUNDS Service code 28 · EIN 13-2624428	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

1 tripped

OpportunityLow participation
Participation rate is below 70% (account-balance holders / active employees) - enrollment or auto-enroll opportunity.

Expense breakdown

Schedule H Part II

Admin total

$8K

$49 / participant

Other / not subdivided$8K100.0%

% of EOY assets

0.126%

all-in expense ratio

Categories reported

0 / 9

subdivided buckets used

Audit opinion

Schedule H Part III

Unqualified opinion

Auditor signed off without reservation - the cleanest possible opinion.

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

Metric

This plan

Peer set

Industry

Size

Avg account balance

$51,258

$76,112-32.7%

$96,534-46.9%

$71,511-28.3%

Participation rate

52.9%

74.4%-21.5pp

76.0%-23.1pp

67.9%-15.1pp

Annual return

20.75%

22.81%-2.1pp

25.88%-5.1pp

28.86%-8.1pp

Employer contribution / active EE

$1,785

$2,248-20.6%

$2,965-39.8%

$2,589-31.0%

Participant deferral / active EE

$3,061

$4,217-27.4%

$4,851-36.9%

$4,291-28.7%

Admin fee / account holder

$64

$2,708-97.6%

$8,253-99.2%

$1,588-95.9%

Provider

Service type

Compensation

T ROWE PRICE RPS INC7 years

Filed as: T. ROWE PRICE RPS, INC.

Service code 15 · EIN 52-1309931

Recordkeeping

$7,730

AMERICAN CENTURY1 year

Filed as: AMERICAN CENTURY INVESTMENTS

Service code 28 · EIN 20-0623152

Investment Management

AMERICAN FUNDS4 years

Service code 28 · EIN 95-1411037

Investment Management

BLACKROCK1 year

Filed as: BLACKROCK FUNDS

Service code 28 · EIN 04-6171663

Investment Management

COLUMBIA7 years

Filed as: COLUMBIA FUNDS

Service code 28 · EIN 93-0577450

Investment Management

DIMENSIONAL FUND ADVISORS5 years

Filed as: DIMENSIONAL FUNDS

Service code 28 · EIN 95-4470812

Investment Management

EATON VANCE4 years

Service code 28 · EIN 04-2718215

Investment Management

FIDELITY INVESTMENTS INSTITUTIONAL5 years

Filed as: FIDELITY

Service code 28 · EIN 04-2647786

Investment Management

INVESCO3 years

Service code 28 · EIN 26-4521338

Investment Management

MORGAN STANLEY SMITH BARNEY6 years

Filed as: JP MORGAN FUNDS

Service code 28 · EIN 13-2624428

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