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 (2016) 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 2016

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

Other plans on this EIN

1 filing

#002Retirement-$4.1M assets

Prospect flagsHigh fees

How to read this page

Total assets (EOY)

$11.1M

-0.5% from 2015

Total participants

+1.9% from 2015

Average account balance

$222,488

-2.5% from 2015

Annual return

6.00%

+12.54 pp from 2015

Benchmarks

See 511 peers

Peer group

Industry55 - Management of Companies and Enterprises

Plan typeDefined contribution

Participants25-99

Cohort511 peers

Snapshot2016

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 codes2E2G2J3D

Plan features

2E
Profit-sharing
Profit-sharing plan.
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.
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

OpportunityHigh fees
Administrative expenses exceed $300 per participant per year - possible fee-review opportunity. (Recordkeeping / audit / legal; excludes investment management.)

Expense breakdown

Schedule H Part II

Admin total

$1.4M

$34382 / participant

Other / not subdivided$1M100.0%

% of EOY assets

12.363%

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

$222,488

$72,114+208.5%

$108,745+104.6%

$62,881+253.8%

Participation rate

92.5%

74.6%+17.9pp

77.7%+14.8pp

69.3%+23.2pp

Annual return

6.00%

13.41%-7.4pp

46.22%-40.2pp

20.14%-14.1pp

Employer contribution / active EE

$5,430

$2,694+101.6%

$3,323+63.4%

$2,281+138.1%

Participant deferral / active EE

$9,038

$4,044+123.5%

$5,121+76.5%

$3,203+182.2%

Admin fee / account holder

$27,505

$4,608+496.9%

$6,144+347.7%

$4,296+540.3%

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