Retirement plan

EMPLOYEE BENEFIT PLAN OF MASON FOREST PRODUCTS, INC.

Name: MASON FOREST PRODUCTS, INC. - EMPLOYEE BENEFIT PLAN OF MASON FOREST PRODUCTS, INC. (2018) Form 5500
Creator: MASON FOREST PRODUCTS, INC.
License: https://www.dol.gov/general/disclaim
Keywords: Form 5500, ERISA, retirement plan, EMPLOYEE BENEFIT PLAN OF MASON FOREST PRODUCTS, INC., MASON FOREST PRODUCTS, INC.

MASON FOREST PRODUCTS, INC.EIN 64-0648190Plan #001PY 2018

PO BOX 15429 - HATTIESBURG, MS 394045429601-268-1105masonforestproducts.comLinkedIn1-10 employees

Prospect flagsHigh fees

How to read this page

Total assets (EOY)

$391K

-73.4% from 2017

Total participants

-47.1% from 2017

Average account balance

$26,072

-69.8% from 2017

Annual return

-8.47%

-23.68 pp from 2017

Benchmarks

See 8,254 peers

Peer group

Industry32 - Manufacturing

Plan typeDefined contribution

Participants<25

Cohort8,254 peers

Snapshot2018

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

Analytics

Total assets (EOY)

Plan-year ending balance

$572K

Not enough data

1 years with asset history on file

Average account balance

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

$36K

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.

133.3%

Not enough data

1 years with eligibility data

Contributions (total)

Employer and participant dollars contributed each year

$99K

Not enough data

1 years with contributions on file

Contributions per participant

Average employer and participant contribution per enrolled participant

$8K

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

+12.84%

Not enough data

1 years with return on file

Admin fee / account holder

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

$202

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 codes2F2T3D

Plan features

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).
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

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

$1.0M

$78197 / participant

Other / not subdivided$1M100.0%

% of EOY assets

259.935%

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

$26,072

$99,032-73.7%

$80,022-67.4%

$135,379-80.7%

Participation rate

76.9%

78.4%-1.4pp

75.8%+1.1pp

82.6%-5.7pp

Annual return

-8.47%

15.39%-23.9pp

11.22%-19.7pp

519.79%-528.3pp

Employer contribution / active EE

$887

$3,043-70.8%

$2,468-64.0%

$4,779-81.4%

Participant deferral / active EE

$3,982

$4,282-7.0%

$3,686+8.0%

$5,609-29.0%

Admin fee / account holder

$67,771

$10,436+549.4%

$6,521+939.2%

$10,828+525.9%

EMPLOYEE BENEFIT PLAN OF MASON FOREST PRODUCTS, INC.

Summary metrics

Benchmarksi

Analytics

Service providersi

Plan features & details

Opportunity flagsi

Expense breakdowni

Audit opinioni

EMPLOYEE BENEFIT PLAN OF MASON FOREST PRODUCTS, INC.

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