Retirement plan

MONIN, INC. 401(K) PROFIT SHARING PLAN

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

MONIN, INC.EIN 59-3160757Plan #001PY 2015

2100 RANGE ROAD - CLEARWATER, FL 33765727-461-3033

Prospect flagsLow fidelity bondFailed to transmit contributions

Top hat statement on fileNQDC

Filed January 24, 2005

This is a legacy paper filing. Plan administrator and contact details are recorded in the original filing, which has not been digitised into structured fields.

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How to read this page

Total assets (EOY)

$5.7M

No prior year

Total participants

153

No prior year

Average account balance

$39,088

No prior year

Annual return

11.00%

No prior year

Benchmarks

See 834 peers

Peer group

Industry31 - Manufacturing

Plan typeDefined contribution

Participants100-249

Cohort834 peers

Snapshot2015

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Analytics

Total assets (EOY)

Plan-year ending balance

$29.78M

Not enough data

1 years with asset history on file

Average account balance

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

$66K

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.

451

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

$3.17M

Not enough data

1 years with contributions on file

Contributions per participant

Average employer and participant contribution per enrolled participant

$9K

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

+12.41%

Not enough data

1 years with return on file

Admin fee / account holder

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

$19

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 7 by compensation

Provider	Service type	Compensation
AMERICAN FUNDS1+ years Service code 28 · EIN 95-1411037	Investment Management	$0
FIDELITY INVESTMENTS INSTITUTIONAL1+ years Filed as: FIDELITY Service code 28 · EIN 04-2647786	Investment Management	$0
FRANKLIN TEMPLETON1+ years Service code 28 · EIN 13-2670991	Investment Management	$0
HARBOR1+ years Filed as: HARBOR CAPITAL Service code 28 · EIN 04-2679462	Investment Management	$0
MASSACHUSETTS MUTUAL LIFE INS. CO.1+ years Filed as: MASSMUTUAL LIFE INSURANCE Service code 15 · EIN 04-1590850	Recordkeeping	$0
PIMCO FUNDS1+ years Filed as: PIMCO Service code 28 · EIN 33-0629048	Investment Management	$0
T ROWE PRICE RPS INC1+ years Filed as: T. ROWE PRICE RPS, INC Service code 15 · EIN 52-1309931	Recordkeeping	$0

Plan features & details

Pension benefit codes2A2E2F2G2J2K2T3D

Plan features

2A
Age/service weighted or new comparability plan
Age/service weighted plan where allocations are based on age service or age and service; or new comparability or similar plan where allocations are based on participant classifications consisting entirely or predominantly of highly compensated employees or the plan provides an additional allocation rate on compensation above a specified threshold that exceeds the permitted disparity limits of Code section 401(l).
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.
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

2 tripped

ComplianceLow fidelity bond
Fidelity bond coverage is below the ERISA section 412 10%-of-assets minimum (capped at $500,000).
ComplianceFailed to transmit contributions
Form 5500 reported a failure to timely transmit participant contributions (Schedule H line 4a).

Expense breakdown

Schedule H Part II

Admin total

$2K

$13 / participant

Investment mgmt$2K100.0%

% of EOY assets

0.031%

all-in expense ratio

Categories reported

1 / 9

subdivided buckets used

Audit opinion

Schedule H Part III

Disclaimer opinion

The auditor declined to give an opinion. This is usually a 103(a)(3)(C) limited-scope election.

Auditor firm: WARREN AVERETT, LLC
Auditor EIN: 454084437
Audit fees: (not subdivided)
Opinion code: Disclaimer

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Metric

This plan

Peer set

Industry

Size

Avg account balance

$39,088

$43,550-10.2%

$63,517-38.5%

$52,331-25.3%

Participation rate

93.8%

65.7%+28.1pp

71.0%+22.8pp

68.1%+25.7pp

Annual return

11.00%

2.03%+9.0pp

-70.30%+81.3pp

4.54%+6.5pp

Employer contribution / active EE

$2,425

$1,351+79.4%

$2,322+4.4%

$1,882+28.9%

Participant deferral / active EE

$5,308

$2,254+135.5%

$2,953+79.7%

$3,022+75.6%

Admin fee / account holder

$12

$387-96.9%

$5,892-99.8%

$592-98.0%

Provider

Service type

Compensation

AMERICAN FUNDS1+ years

Service code 28 · EIN 95-1411037

Investment Management

FIDELITY INVESTMENTS INSTITUTIONAL1+ years

Filed as: FIDELITY

Service code 28 · EIN 04-2647786

Investment Management

FRANKLIN TEMPLETON1+ years

Service code 28 · EIN 13-2670991

Investment Management

HARBOR1+ years

Filed as: HARBOR CAPITAL

Service code 28 · EIN 04-2679462

Investment Management

MASSACHUSETTS MUTUAL LIFE INS. CO.1+ years

Filed as: MASSMUTUAL LIFE INSURANCE

Service code 15 · EIN 04-1590850

Recordkeeping

PIMCO FUNDS1+ years

Filed as: PIMCO

Service code 28 · EIN 33-0629048

Investment Management

T ROWE PRICE RPS INC1+ years

Filed as: T. ROWE PRICE RPS, INC

Service code 15 · EIN 52-1309931

Recordkeeping

MONIN, INC. 401(K) PROFIT SHARING PLAN

Top hat statement on fileNQDC

Summary metrics

Benchmarksi

Analytics

Service providersi

Plan features & details

Opportunity flagsi

Expense breakdowni

Audit opinioni

MONIN, INC. 401(K) PROFIT SHARING 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