Retirement plan

MERCER CAPITAL MANAGEMENT, INC. PROFIT SHARING 401(K) PLAN

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

MERCER CAPITAL MANAGEMENT, INC.EIN 62-1154641Plan #001PY 2015

5100 POPLAR AVENUE, SUITE 2600 - MEMPHIS, TN 38137901-685-2120

Other plans on this EIN

1 filing

#002Retirement-$3.9M assets

Prospect flagsLow returnsHigh fees

How to read this page

Total assets (EOY)

$11.2M

No prior year

Total participants

No prior year

Average account balance

$228,163

No prior year

Annual return

-6.54%

No prior year

Benchmarks

See 489 peers

Peer group

Industry55 - Management of Companies and Enterprises

Plan typeDefined contribution

Participants25-99

Cohort489 peers

Snapshot2015

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

Analytics

Total assets (EOY)

Plan-year ending balance

$23.68M

Not enough data

1 years with asset history on file

Average account balance

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

$338K

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.

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.

132.1%

Not enough data

1 years with eligibility data

Contributions (total)

Employer and participant dollars contributed each year

$922K

Not enough data

1 years with contributions on file

Contributions per participant

Average employer and participant contribution per enrolled participant

$17K

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

+13.12%

Not enough data

1 years with return on file

Admin fee / account holder

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

$20747

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

0 years with F_SCH_H allocation on file

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

Service providers

Providers data not reported

Schedule C was not filed on this plan's most recent Form 5500, so no compensated service providers are available to display.

Plan features & details

Pension benefit codes2E2H2J3D

Plan features

2E
Profit-sharing
Profit-sharing plan.
2H
Partial participant-directed account plan
Participants have the opportunity to direct the investment of a portion 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.
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

OpportunityHigh fees
Administrative expenses exceed $300 per participant per year - possible fee-review opportunity. (Recordkeeping / audit / legal; excludes investment management.)
OpportunityLow returns
Annual investment return is in the bottom quintile of the peer cohort.

Expense breakdown

Schedule H Part II

Admin total

$831K

$21859 / participant

Other / not subdivided$831K100.0%

% of EOY assets

7.430%

all-in expense ratio

Categories reported

0 / 9

subdivided buckets used

Audit opinion

Schedule H Part III

No opinion code on file for this filing.

Auditor firm: (not reported)
Auditor EIN: -
Audit fees: (not subdivided)
Opinion code: -

Metric

This plan

Peer set

Industry

Size

Avg account balance

$228,163

$81,258+180.8%

$105,218+116.8%

$59,633+282.6%

Participation rate

92.1%

75.4%+16.7pp

77.2%+14.9pp

68.7%+23.4pp

Annual return

-6.54%

1.96%-8.5pp

5.33%-11.9pp

2041.45%-2048.0pp

Employer contribution / active EE

$5,428

$2,562+111.9%

$3,255+66.7%

$2,203+146.4%

Participant deferral / active EE

$9,756

$3,881+151.3%

$4,867+100.5%

$3,192+205.7%

Admin fee / account holder

$16,952

$5,841+190.2%

$6,992+142.4%

$4,297+294.5%

MERCER CAPITAL MANAGEMENT, INC. PROFIT SHARING 401(K) PLAN

Summary metrics

Benchmarksi

Analytics

Service providersi

Plan features & details

Opportunity flagsi

Expense breakdowni

Audit opinioni

MERCER CAPITAL MANAGEMENT, INC. PROFIT SHARING 401(K) 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