Retirement plan

MCCOURT MANUFACTURING, INC. 401K PROFIT SHARING PL

Name: FORT SMITH TABLE AND CHAIR CORPORA - MCCOURT MANUFACTURING, INC. 401K PROFIT SHARING PL (2020) Form 5500
Creator: FORT SMITH TABLE AND CHAIR CORPORA
License: https://www.dol.gov/general/disclaim
Keywords: Form 5500, ERISA, retirement plan, MCCOURT MANUFACTURING, INC. 401K PROFIT SHARING PL, FORT SMITH TABLE AND CHAIR CORPORA

FORT SMITH TABLE AND CHAIR CORPORAEIN 71-0628023Plan #001PY 2020

1001 NORTH 3RD STREET - FORT SMITH, AR 72901479-783-2593mccourtmfg.comLinkedIn11-50 employeesfurniture

Prospect flagsLow participationLow participant contribution

How to read this page

Total assets (EOY)

$288K

+16.8% from 2019

Total participants

-25.0% from 2019

Average account balance

$28,757

+5.1% from 2019

Annual return

13.64%

-2.18 pp from 2019

Benchmarks

See 8,252 peers

Peer group

Industry32 - Manufacturing

Plan typeDefined contribution

Participants<25

Cohort8,252 peers

Snapshot2020

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

Analytics

Total assets (EOY)

Plan-year ending balance

$268K

Not enough data

1 years with asset history on file

Average account balance

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

$38K

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.

38.9%

Not enough data

1 years with eligibility data

Contributions (total)

Employer and participant dollars contributed each year

$11K

Not enough data

1 years with contributions on file

Contributions per participant

Average employer and participant contribution per enrolled participant

$594

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

+19.41%

Not enough data

1 years with return on file

Admin fee / account holder

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

$4715

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 codes2E2G2J3D

Plan features

2E
Profit-sharing
Profit-sharing plan.
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.
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

2 tripped

OpportunityLow participation
Participation rate is below 70% (account-balance holders / active employees) - enrollment or auto-enroll opportunity.
OpportunityLow participant contribution
Participant contribution per participant is in the bottom quintile of the peer cohort.

Expense breakdown

Schedule H Part II

Admin total

$2K

$116 / participant

Other / not subdivided$2K100.0%

% of EOY assets

0.563%

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

$28,757

$118,708-75.8%

$98,920-70.9%

$158,966-81.9%

Participation rate

64.3%

77.8%-13.5pp

76.0%-11.7pp

82.0%-17.7pp

Annual return

13.64%

372.49%-358.8pp

196.47%-182.8pp

302.95%-289.3pp

Employer contribution / active EE

$3,334-100.0%

$2,689-100.0%

$4,762-100.0%

Participant deferral / active EE

$550

$5,089-89.2%

$4,245-87.0%

$5,983-90.8%

Admin fee / account holder

$162

$10,134-98.4%

$6,643-97.6%

$11,250-98.6%

MCCOURT MANUFACTURING, INC. 401K PROFIT SHARING PL

Summary metrics

Benchmarksi

Analytics

Service providersi

Plan features & details

Opportunity flagsi

Expense breakdowni

Audit opinioni

MCCOURT MANUFACTURING, INC. 401K PROFIT SHARING PL

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