Retirement plan

MOCOROA & CASTELLANOS, INC. 1165(E) PLAN

Name: MOCOROA & CASTELLANOS, INC. - MOCOROA & CASTELLANOS, INC. 1165(E) PLAN (2021) Form 5500
Creator: MOCOROA & CASTELLANOS, INC.
License: https://www.dol.gov/general/disclaim
Keywords: Form 5500, ERISA, retirement plan, MOCOROA & CASTELLANOS, INC. 1165(E) PLAN, MOCOROA & CASTELLANOS, INC.

MOCOROA & CASTELLANOS, INC.EIN 66-0361444Plan #001PY 2021

PO BOX 1119 - GUAYNABO, PR 009701119787-272-3410

Prospect flagsHigh fees

How to read this page

Total assets (EOY)

$836K

+3.3% from 2020

Total participants

-7.1% from 2020

Average account balance

$69,657

+3.3% from 2020

Annual return

9.69%

+9.37 pp from 2020

Benchmarks

See 37,642 peers

Peer group

Industry81 - Other Services (except Public Administration)

Plan typeDefined contribution

Participants<25

Cohort37,642 peers

Snapshot2021

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

Analytics

Total assets (EOY)

Plan-year ending balance

$1.34M

Not enough data

1 years with asset history on file

Average account balance

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

$96K

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.

100.0%

Not enough data

1 years with eligibility data

Contributions (total)

Employer and participant dollars contributed each year

$110K

Not enough data

1 years with contributions on file

Contributions per participant

Average employer and participant contribution per enrolled participant

$9K

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

+10.14%

Not enough data

1 years with return on file

Admin fee / account holder

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

$915

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 codes2E2F2G2J3C

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.
3C
Plan not intended to be qualified
A plan not intended to be qualified under Code sections 401 403 or 408.

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

$79K

$6546 / participant

Other / not subdivided$79K100.0%

% of EOY assets

9.398%

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

$69,657

$109,863-36.6%

$98,477-29.3%

$167,518-58.4%

Participation rate

91.7%

75.8%+15.8pp

73.3%+18.3pp

82.1%+9.6pp

Annual return

9.69%

1958.09%-1948.4pp

1493.59%-1483.9pp

478.71%-469.0pp

Employer contribution / active EE

$3,225-100.0%

$2,961-100.0%

$4,838-100.0%

Participant deferral / active EE

$1,774

$4,673-62.0%

$4,276-58.5%

$6,342-72.0%

Admin fee / account holder

$6,546

$6,755-3.1%

$5,951+10.0%

$12,312-46.8%

MOCOROA & CASTELLANOS, INC. 1165(E) PLAN

Summary metrics

Benchmarksi

Analytics

Service providersi

Plan features & details

Opportunity flagsi

Expense breakdowni

Audit opinioni

MOCOROA & CASTELLANOS, INC. 1165(E) 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