Retirement plan

THE CONTRACTORS RETIREMENT PLAN

Name: METROPOLITAN SECURITY SERVICES D/B/A WALDEN SECURITY - THE CONTRACTORS RETIREMENT PLAN (2015) Form 5500
Creator: METROPOLITAN SECURITY SERVICES D/B/A WALDEN SECURITY
License: https://www.dol.gov/general/disclaim
Keywords: Form 5500, ERISA, retirement plan, THE CONTRACTORS RETIREMENT PLAN, METROPOLITAN SECURITY SERVICES D/B/A WALDEN SECURITY

METROPOLITAN SECURITY SERVICES D/B/A WALDEN SECURITYdba WALDEN SECURITYEIN 62-1448519Plan #003PY 2015

100 EAST TENTH STREET STE 400, SUITE 400 - CHATTANOOGA, TN 37402423-702-8234metropolitansecurityinc.comLinkedIn11-50 employeessecurity and investigations

Other plans on this EIN

1 filing

#001Retirement-$1.1M assets

Prospect flagsCorrective distributions

How to read this page

Total assets (EOY)

$19.2M

No prior year

Total participants

1,255

No prior year

Average account balance

$15,262

No prior year

Annual return

3.14%

No prior year

Benchmarks

See 258 peers

Peer group

Industry56 - Administrative and Support and Waste Management and Remediation Services

Plan typeDefined contribution

Participants1,000-4,999

Cohort258 peers

Snapshot2015

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

Analytics

Total assets (EOY)

Plan-year ending balance

$202.50M

Not enough data

1 years with asset history on file

Average account balance

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

$33K

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.

6,091

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.

97.8%

Not enough data

1 years with eligibility data

Contributions (total)

Employer and participant dollars contributed each year

$62.75M

Not enough data

1 years with contributions on file

Contributions per participant

Average employer and participant contribution per enrolled participant

$11K

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

+14.08%

Not enough data

1 years with return on file

Admin fee / account holder

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

$223

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

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 codes2E2F2G2J2T3D

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.
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.
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

1 tripped

ComplianceCorrective distributions
Plan reported corrective distributions (failed ADP/ACP testing).

Expense breakdown

Schedule H Part II

Admin total

$10K

$9 / participant

Other / not subdivided$10K100.0%

% of EOY assets

0.052%

all-in expense ratio

Categories reported

0 / 9

subdivided buckets used

Audit opinion

Schedule H Part III

Unqualified opinion

Auditor signed off without reservation - the cleanest possible opinion.

Auditor firm: ERICKSON, DEMEL & CO., PLLC
Auditor EIN: 464064364
Audit fees: (not subdivided)
Opinion code: Unqualified

Metric

This plan

Peer set

Industry

Size

Avg account balance

$15,262

$30,979-50.7%

$67,704-77.5%

$59,188-74.2%

Participation rate

100.0%

40.5%+59.5pp

67.5%+32.5pp

69.4%+30.6pp

Annual return

3.14%

-1.74%+4.9pp

25.41%-22.3pp

5.51%-2.4pp

Employer contribution / active EE

$7,681

$807+851.2%

$2,559+200.1%

$2,098+266.1%

Participant deferral / active EE

$967

$1,603-39.6%

$3,585-73.0%

$3,265-70.4%

Admin fee / account holder

$81-90.2%

$4,255-99.8%

$92-91.4%

THE CONTRACTORS RETIREMENT PLAN

Summary metrics

Benchmarksi

Analytics

Service providersi

Plan features & details

Opportunity flagsi

Expense breakdowni

Audit opinioni

THE CONTRACTORS RETIREMENT 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