Retirement plan

DEFINED CONTRIBUTION PLAN FOR MID-SOUTH TRANSPORTATION MANAGEMENT, INC.

Name: MID-SOUTH TRANSPORTATION MANAGEMENT, INC. - DEFINED CONTRIBUTION PLAN FOR MID-SOUTH TRANSPORTATION MANAGEMENT, INC. (2018) Form 5500
Creator: MID-SOUTH TRANSPORTATION MANAGEMENT, INC.
License: https://www.dol.gov/general/disclaim
Keywords: Form 5500, ERISA, retirement plan, DEFINED CONTRIBUTION PLAN FOR MID-SOUTH TRANSPORTATION MANAGEMENT, INC., MID-SOUTH TRANSPORTATION MANAGEMENT, INC.

MID-SOUTH TRANSPORTATION MANAGEMENT, INC.EIN 62-1164500Plan #002PY 2018

1370 LEVEE ROAD - MEMPHIS, TN 38108901-722-7112LinkedIn501-1000 employeestransportation/trucking/railroad

Other plans on this EIN

1 filing

#001Retirement-$101.7M assets

Prospect flagsLow returns

Top hat statement on fileNQDC

Filed October 24, 1994

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)

$4.4M

+27.4% from 2017

Total participants

335

+11.7% from 2017

Average account balance

$13,302

+14.6% from 2017

Annual return

-10.89%

-33.77 pp from 2017

Benchmarks

See 672 peers

Peer group

Industry48 - Transportation and Warehousing

Plan typeDefined contribution

Participants250-999

Cohort672 peers

Snapshot2018

See peer percentile detail. $4.99 for your first month.

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Analytics

Total assets (EOY)

Plan-year ending balance

$17.68M

Not enough data

1 years with asset history on file

Average account balance

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

$39K

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.

452

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.

99.2%

Not enough data

1 years with eligibility data

Contributions (total)

Employer and participant dollars contributed each year

$3.46M

Not enough data

1 years with contributions on file

Contributions per participant

Average employer and participant contribution per enrolled participant

$10K

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

+8.01%

Not enough data

1 years with return on file

Admin fee / account holder

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

$1337

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

See the 10-year trajectory. $4.99 for your first month.

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Service providers

Top 8 by compensation

Provider	Service type	Compensation
REGIONS BANK2 years Filed as: REGIONS TRUST Service code 20 · EIN 63-6129301	Trustee (bank, trust company, or simi...	$32,500
PRINCIPAL LIFE INSURANCE COMPANY1 year Service code 13 · EIN 42-0127290	Contract Administrator	$11,956
TRANSAMERICA RETIREMENT SOLUTIONS4+ years Service code 15 · EIN 13-3689044	Recordkeeping	$10,424
EVANS PETREE1 year Filed as: EVANS & PETREE Service code 29 · EIN 62-0998330	Legal	$9,221
ELLIS BENEFITS GROUP, INC.1 year Filed as: ELLIS & WARD CONSULTING GROUP Service code 15 · EIN 62-1417683	Recordkeeping	$8,796
BANKS, FINLEY, WHITE & CO.2 years Filed as: BANKS FINLEY WHITE & CO Service code 10 · EIN 62-1145254	Accounting	$6,090
PEOPLESENSE1 year Service code 17 · EIN 43-2004348	Pension Consulting	$844
ROBERT HALF1 year Filed as: THE OFFICE @ UPTOWN Service code 17	Pension Consulting	$282

Plan features & details

Pension benefit codes2G2J2K3D

Plan features

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.
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 returns
Annual investment return is in the bottom quintile of the peer cohort.

Expense breakdown

Schedule H Part II

Admin total

$79K

$261 / participant

Contract admin$79K100.0%

% of EOY assets

1.798%

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: BANKS, FINLEY, WHITE & CO.
Auditor EIN: 621145254
Audit fees: (not subdivided)
Opinion code: Disclaimer

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Metric

This plan

Peer set

Industry

Size

Avg account balance

$13,302

$41,467-67.9%

$67,313-80.2%

$55,725-76.1%

Participation rate

98.0%

62.5%+35.5pp

69.1%+28.9pp

70.9%+27.2pp

Annual return

-10.89%

0.82%-11.7pp

-4.08%-6.8pp

244.93%-255.8pp

Employer contribution / active EE

$2,544

$1,316+93.2%

$2,566-0.9%

$2,078+22.4%

Participant deferral / active EE

$3,489

$2,399+45.4%

$3,568-2.2%

$3,356+4.0%

Admin fee / account holder

$239

$102+134.3%

$4,507-94.7%

$115+107.6%

Provider

Service type

Compensation

REGIONS BANK2 years

Filed as: REGIONS TRUST

Service code 20 · EIN 63-6129301

Trustee (bank, trust company, or simi...

$32,500

PRINCIPAL LIFE INSURANCE COMPANY1 year

Service code 13 · EIN 42-0127290

Contract Administrator

$11,956

TRANSAMERICA RETIREMENT SOLUTIONS4+ years

Service code 15 · EIN 13-3689044

Recordkeeping

$10,424

EVANS PETREE1 year

Filed as: EVANS & PETREE

Service code 29 · EIN 62-0998330

Legal

$9,221

ELLIS BENEFITS GROUP, INC.1 year

Filed as: ELLIS & WARD CONSULTING GROUP

Service code 15 · EIN 62-1417683

Recordkeeping

$8,796

BANKS, FINLEY, WHITE & CO.2 years

Filed as: BANKS FINLEY WHITE & CO

Service code 10 · EIN 62-1145254

Accounting

$6,090

PEOPLESENSE1 year

Service code 17 · EIN 43-2004348

Pension Consulting

$844

ROBERT HALF1 year

Filed as: THE OFFICE @ UPTOWN

Service code 17

Pension Consulting

$282

DEFINED CONTRIBUTION PLAN FOR MID-SOUTH TRANSPORTATION MANAGEMENT, INC.

Top hat statement on fileNQDC

Summary metrics

Benchmarksi

Analytics

Service providersi

Plan features & details

Opportunity flagsi

Expense breakdowni

Audit opinioni

DEFINED CONTRIBUTION PLAN FOR MID-SOUTH TRANSPORTATION MANAGEMENT, INC.

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