Retirement plan

EMPLOYEE BENEFIT PLAN OF M.C.O. CONSTRUCTION AND SERVICES, INC.

Name: M.C.O. CONSTRUCTION AND SERVICES, INC. - EMPLOYEE BENEFIT PLAN OF M.C.O. CONSTRUCTION AND SERVICES, INC. (2019) Form 5500
Creator: M.C.O. CONSTRUCTION AND SERVICES, INC.
License: https://www.dol.gov/general/disclaim
Keywords: Form 5500, ERISA, retirement plan, EMPLOYEE BENEFIT PLAN OF M.C.O. CONSTRUCTION AND SERVICES, INC., M.C.O. CONSTRUCTION AND SERVICES, INC.

M.C.O. CONSTRUCTION AND SERVICES, INC.EIN 65-0400906Plan #001PY 2019

6600 NW 27TH AVE STE 208 - MIAMI, FL 331477220305-693-4344

Prospect flagsHigh fees

How to read this page

Total assets (EOY)

$439K

+52.4% from 2018

Total participants

0.0% from 2018

Average account balance

$21,968

+21.9% from 2018

Annual return

25.57%

+34.38 pp from 2018

Benchmarks

See 40,731 peers

Peer group

Industry23 - Construction

Plan typeDefined contribution

Participants<25

Cohort40,731 peers

Snapshot2019

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

Analytics

Total assets (EOY)

Plan-year ending balance

$1.15M

Not enough data

1 years with asset history on file

Average account balance

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

$44K

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.

96.3%

Not enough data

1 years with eligibility data

Contributions (total)

Employer and participant dollars contributed each year

$169K

Not enough data

1 years with contributions on file

Contributions per participant

Average employer and participant contribution per enrolled participant

$6K

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

+14.00%

Not enough data

1 years with return on file

Admin fee / account holder

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

$7362

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 codes2F2G2S2T3D

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).
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.
2S
Automatic enrollment
Plan provides for automatic enrollment in plan that has elective contributions deducted from payroll.
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

$61K

$4036 / participant

Other / not subdivided$61K100.0%

% of EOY assets

13.779%

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

$21,968

$107,363-79.5%

$92,909-76.4%

$152,897-85.6%

Participation rate

80.0%

79.8%+0.2pp

76.0%+4.0pp

82.5%-2.5pp

Annual return

25.57%

145.63%-120.1pp

109.44%-83.9pp

345.43%-319.9pp

Employer contribution / active EE

$2,225

$4,222-47.3%

$3,653-39.1%

$4,764-53.3%

Participant deferral / active EE

$6,866

$4,848+41.6%

$4,238+62.0%

$5,851+17.3%

Admin fee / account holder

$3,027

$7,082-57.3%

$5,795-47.8%

$11,599-73.9%

EMPLOYEE BENEFIT PLAN OF M.C.O. CONSTRUCTION AND SERVICES, INC.

Summary metrics

Benchmarksi

Analytics

Service providersi

Plan features & details

Opportunity flagsi

Expense breakdowni

Audit opinioni

EMPLOYEE BENEFIT PLAN OF M.C.O. CONSTRUCTION AND SERVICES, 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