Retirement plan

P & R STORAGE COMPANY, INC. DBA METRO FOUNDATION SUPPLY, INC. PROFIT SHARING PLAN

Name: METRO FOUNDATION SUPPLY, INC. - P & R STORAGE COMPANY, INC. DBA METRO FOUNDATION SUPPLY, INC. PROFIT SHARING PLAN (2017) Form 5500
Creator: METRO FOUNDATION SUPPLY, INC.
License: https://www.dol.gov/general/disclaim
Keywords: Form 5500, ERISA, retirement plan, P & R STORAGE COMPANY, INC. DBA METRO FOUNDATION SUPPLY, INC. PROFIT SHARING PLAN, METRO FOUNDATION SUPPLY, INC.

METRO FOUNDATION SUPPLY, INC.EIN 62-1432718Plan #001PY 2017

20150 SKY RANCH ROAD - AURORA, CO 800118105303-375-8200LinkedIn11-50 employeeselectrical/electronic manufacturing

Prospect flagsHigh feesLow participant contributionLow fidelity bond

How to read this page

Total assets (EOY)

$1.9M

+15.0% from 2016

Total participants

-4.8% from 2016

Average account balance

$107,430

+27.7% from 2016

Annual return

11.78%

+9.97 pp from 2016

Benchmarks

See 21,290 peers

Peer group

Industry33 - Manufacturing

Plan typeDefined contribution

Participants<25

Cohort21,290 peers

Snapshot2017

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

Analytics

Total assets (EOY)

Plan-year ending balance

$5.02M

Not enough data

1 years with asset history on file

Average account balance

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

$228K

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.

146.7%

Not enough data

1 years with eligibility data

Contributions (total)

Employer and participant dollars contributed each year

$250K

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

+15.39%

Not enough data

1 years with return on file

Admin fee / account holder

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

$4937

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 codes2E2F2G2T3D

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.
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

3 tripped

OpportunityLow participant contribution
Participant contribution per participant is in the bottom quintile of the peer cohort.
OpportunityHigh fees
Administrative expenses exceed $300 per participant per year - possible fee-review opportunity. (Recordkeeping / audit / legal; excludes investment management.)
ComplianceLow fidelity bond
Fidelity bond coverage is below the ERISA section 412 10%-of-assets minimum (capped at $500,000).

Expense breakdown

Schedule H Part II

Admin total

$47K

$2752 / participant

Other / not subdivided$47K100.0%

% of EOY assets

2.420%

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

$107,430

$98,240+9.4%

$82,313+30.5%

$147,585-27.2%

Participation rate

88.2%

79.7%+8.5pp

76.9%+11.3pp

82.8%+5.4pp

Annual return

11.78%

30.85%-19.1pp

25.88%-14.1pp

578.58%-566.8pp

Employer contribution / active EE

$5,882

$3,192+84.3%

$2,428+142.2%

$4,876+20.6%

Participant deferral / active EE

$4,383-100.0%

$3,706-100.0%

$5,439-100.0%

Admin fee / account holder

$2,599

$8,563-69.6%

$5,608-53.6%

$10,886-76.1%

P & R STORAGE COMPANY, INC. DBA METRO FOUNDATION SUPPLY, INC. PROFIT SHARING PLAN

Summary metrics

Benchmarksi

Analytics

Service providersi

Plan features & details

Opportunity flagsi

Expense breakdowni

Audit opinioni

P & R STORAGE COMPANY, INC. DBA METRO FOUNDATION SUPPLY, INC. PROFIT SHARING 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