Retirement plan

MASSEY SERVICES, INC. 401(K) RETIREMENT PLAN

Name: MASSEY SERVICES, INC. - MASSEY SERVICES, INC. 401(K) RETIREMENT PLAN (2015) Form 5500
Creator: MASSEY SERVICES, INC.
License: https://www.dol.gov/general/disclaim
Keywords: Form 5500, ERISA, retirement plan, MASSEY SERVICES, INC. 401(K) RETIREMENT PLAN, MASSEY SERVICES, INC.

MASSEY SERVICES, INC.EIN 59-2557150Plan #001PY 2015

315 GROVELAND STREET - ORLANDO, FL 328044052407-645-2500masseyservices.comLinkedIn1001-5000 employeesconsumer services

Prospect flagsCorrective distributions

Top hat statement on fileNQDC

Filed April 4, 2018 (most recent of 2 filings on file)

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Total assets (EOY)

$32.2M

No prior year

Total participants

1,600

No prior year

Average account balance

$19,128

No prior year

Annual return

2.59%

No prior year

Benchmarks

See 258 peers

Peer group

Industry56 - Administrative and Support and Waste Management and Remediation Services

Plan typeDefined contribution

Participants1,000-4,999

Cohort258 peers

Snapshot2015

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

Analytics

Total assets (EOY)

Plan-year ending balance

$105.76M

Not enough data

1 years with asset history on file

Average account balance

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

$35K

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.

2,989

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.

97.8%

Not enough data

1 years with eligibility data

Contributions (total)

Employer and participant dollars contributed each year

$11.62M

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

+11.95%

Not enough data

1 years with return on file

Admin fee / account holder

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

$87

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 1 by compensation

Provider	Service type	Compensation
BMO HARRIS BANK NA1+ years Filed as: BMO HARRIS BANK N.A. Service code 15 · EIN 36-2085229	Recordkeeping	$147,631

Plan features & details

Pension benefit codes2E2F2G2J2K

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.

Opportunity flags

1 tripped

ComplianceCorrective distributions
Plan reported corrective distributions (failed ADP/ACP testing).

Expense breakdown

Schedule H Part II

Admin total

$148K

$103 / participant

Other / not subdivided$148K100.0%

% of EOY assets

0.458%

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: MOORE STEPHENS LOVELACE, P.A.
Auditor EIN: 593070669
Audit fees: (not subdivided)
Opinion code: Disclaimer

Metric

This plan

Peer set

Industry

Size

Avg account balance

$19,128

$30,979-38.3%

$67,704-71.7%

$59,188-67.7%

Participation rate

100.0%

40.5%+59.5pp

67.5%+32.5pp

69.4%+30.6pp

Annual return

2.59%

-1.74%+4.3pp

25.41%-22.8pp

5.51%-2.9pp

Employer contribution / active EE

$1,129

$807+39.8%

$2,559-55.9%

$2,098-46.2%

Participant deferral / active EE

$2,201

$1,603+37.3%

$3,585-38.6%

$3,265-32.6%

Admin fee / account holder

$88

$81+8.1%

$4,255-97.9%

$92-5.0%

Provider

Service type

Compensation

BMO HARRIS BANK NA1+ years

Filed as: BMO HARRIS BANK N.A.

Service code 15 · EIN 36-2085229

Recordkeeping

$147,631

MASSEY SERVICES, INC. 401(K) RETIREMENT PLAN

Top hat statement on fileNQDC

Summary metrics

Benchmarksi

Analytics

Service providersi

Plan features & details

Opportunity flagsi

Expense breakdowni

Audit opinioni

MASSEY SERVICES, INC. 401(K) RETIREMENT PLAN

Top hat statement on fileNQDC

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