Retirement plan

MACDONALD-MILLER FACILITY SOLUTIONS, INC. 401(K) PLAN

Name: MACDONALD-MILLER FACILITY SOLUTIONS, INC. - MACDONALD-MILLER FACILITY SOLUTIONS, INC. 401(K) PLAN (2016) Form 5500
Creator: MACDONALD-MILLER FACILITY SOLUTIONS, INC.
License: https://www.dol.gov/general/disclaim
Keywords: Form 5500, ERISA, retirement plan, MACDONALD-MILLER FACILITY SOLUTIONS, INC. 401(K) PLAN, MACDONALD-MILLER FACILITY SOLUTIONS, INC.

MACDONALD-MILLER FACILITY SOLUTIONS, INC.EIN 68-0533726Plan #001PY 2016

7717 DETROIT AVENUE SW - SEATTLE, WA 98106206-763-9400macmiller.comLinkedIn1001-5000 employeesconstruction

Other plans on this EIN

1 filing

#002Retirement-$7.1M assets

Prospect flagsHigh fees

How to read this page

Total assets (EOY)

$37.8M

+14.4% from 2015

Total participants

410

+9.9% from 2015

Average account balance

$93,112

+3.1% from 2015

Annual return

7.06%

+5.13 pp from 2015

Benchmarks

See 1,079 peers

Peer group

Industry23 - Construction

Plan typeDefined contribution

Participants250-999

Cohort1,079 peers

Snapshot2016

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

Analytics

Total assets (EOY)

Plan-year ending balance

$124.00M

Not enough data

1 years with asset history on file

Average account balance

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

$175K

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.

709

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.

99.6%

Not enough data

1 years with eligibility data

Contributions (total)

Employer and participant dollars contributed each year

$9.64M

Not enough data

1 years with contributions on file

Contributions per participant

Average employer and participant contribution per enrolled participant

$18K

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

+16.82%

Not enough data

1 years with return on file

Admin fee / account holder

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

$273

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

Top 4 by compensation

Provider	Service type	Compensation
RBC WEALTH MANAGEMENT2+ years Service code 26 · EIN 41-1416330 1918 8TH AVENUE, SUITE 3600 · SEATTLE, WA 98101	Advisory (Participants)	$69,308
NORTHWEST PLAN SERVICES, INC.2+ years Service code 15 · EIN 91-2090931 5446 CALIFORNIA AVE SW, SUITE 200 · SEATTLE, WA 98136	Recordkeeping	$41,456
CHARLES SCHWAB & CO., INC.2+ years Filed as: CHARLES SCHWAB BANK Service code 19 · EIN 42-1558009 211 MAIN ST, 14TH FLOOR · SAN FRANCISCO, CA 94105	Securities Custodian	$18,018
MOSS ADAMS LLP2+ years Service code 10 · EIN 91-0189318 P.O. BOX 2147 · SEATTLE, WA 98111	Accounting	$16,170

Plan features & details

Pension benefit codes2E2F2G2J2K2S2T3D

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.
2K
Code section 401(m) arrangement
Employee contributions are allocated to separate accounts under the plan or employer contributions are based in whole or in part on employee deferrals or contributions to the plan. Not applicable to 401(k) plans with only QNECs and/or QMACs or to 403(b)(1) 403(b)(7) or 408 arrangements.
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

$148K

$462 / participant

Contract admin$79K53.3%
Other / not subdivided$69K46.7%

% of EOY assets

0.392%

all-in expense ratio

Categories reported

1 / 9

subdivided buckets used

Audit opinion

Schedule H Part III

Disclaimer opinion

Auditor declined to express an opinion - usually a 103(a)(3)(C) limited-scope election.

Auditor firm: MOSS ADAMS LLP
Auditor EIN: 910189318
Audit fees: (not subdivided)
Opinion code: Disclaimer

Metric

This plan

Peer set

Industry

Size

Avg account balance

$93,112

$57,921+60.8%

$84,753+9.9%

$57,658+61.5%

Participation rate

98.8%

72.9%+25.8pp

76.6%+22.2pp

70.2%+28.5pp

Annual return

7.06%

10.24%-3.2pp

22.78%-15.7pp

5.13%+1.9pp

Employer contribution / active EE

$2,243

$2,598-13.7%

$3,574-37.2%

$1,974+13.7%

Participant deferral / active EE

$7,857

$2,742+186.5%

$3,712+111.7%

$3,061+156.7%

Admin fee / account holder

$365

$130+181.7%

$5,333-93.1%

$95+286.5%

Provider

Service type

Compensation

RBC WEALTH MANAGEMENT2+ years

Service code 26 · EIN 41-1416330

1918 8TH AVENUE, SUITE 3600 · SEATTLE, WA 98101

Advisory (Participants)

$69,308

NORTHWEST PLAN SERVICES, INC.2+ years

Service code 15 · EIN 91-2090931

5446 CALIFORNIA AVE SW, SUITE 200 · SEATTLE, WA 98136

Recordkeeping

$41,456

CHARLES SCHWAB & CO., INC.2+ years

Filed as: CHARLES SCHWAB BANK

Service code 19 · EIN 42-1558009

211 MAIN ST, 14TH FLOOR · SAN FRANCISCO, CA 94105

Securities Custodian

$18,018

MOSS ADAMS LLP2+ years

Service code 10 · EIN 91-0189318

P.O. BOX 2147 · SEATTLE, WA 98111

Accounting

$16,170

MACDONALD-MILLER FACILITY SOLUTIONS, INC. 401(K) PLAN

Summary metrics

Benchmarksi

Analytics

Service providersi

Plan features & details

Opportunity flagsi

Expense breakdowni

Audit opinioni

MACDONALD-MILLER FACILITY SOLUTIONS, INC. 401(K) 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