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. (2020) 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 2020

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

Prospect flagsNo flags tripped

How to read this page

Total assets (EOY)

$703K

+60.0% from 2019

Total participants

+4.3% from 2019

Average account balance

$31,946

+45.4% from 2019

Annual return

25.34%

-0.23 pp from 2019

Benchmarks

See 42,037 peers

Peer group

Industry23 - Construction

Plan typeDefined contribution

Participants<25

Cohort42,037 peers

Snapshot2020

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

0 tripped

No flags tripped for this filing year. This plan looks clean.

Expense breakdown

Schedule H Part II

Admin total

$5K

$232 / participant

Other / not subdivided$5K100.0%

% of EOY assets

0.659%

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

$31,946

$115,810-72.4%

$101,271-68.5%

$158,966-79.9%

Participation rate

90.0%

79.4%+10.6pp

75.8%+14.2pp

82.0%+8.0pp

Annual return

25.34%

56.15%-30.8pp

46.48%-21.1pp

302.95%-277.6pp

Employer contribution / active EE

$1,801

$4,175-56.9%

$3,660-50.8%

$4,762-62.2%

Participant deferral / active EE

$6,027

$4,958+21.6%

$4,371+37.9%

$5,983+0.7%

Admin fee / account holder

$210

$7,248-97.1%

$5,948-96.5%

$11,250-98.1%

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