Retirement plan

THE MUSSELMAN ABSTRACT CO, INC. EMPLOYEE RETIREMENT SAVINGS PLAN

Name: MUSSELMAN ABSTRACT CO, INC. - THE MUSSELMAN ABSTRACT CO, INC. EMPLOYEE RETIREMENT SAVINGS PLAN (2016) Form 5500
Creator: MUSSELMAN ABSTRACT CO, INC.
License: https://www.dol.gov/general/disclaim
Keywords: Form 5500, ERISA, retirement plan, THE MUSSELMAN ABSTRACT CO, INC. EMPLOYEE RETIREMENT SAVINGS PLAN, MUSSELMAN ABSTRACT CO, INC.

MUSSELMAN ABSTRACT CO, INC.EIN 73-0367438Plan #001PY 2016

PO BOX 1072 - BARTLESVILLE, OK 740051072918-336-6410musselmanabstract.comLinkedIn1-10 employeesreal estate

Prospect flagsHigh fees

How to read this page

Total assets (EOY)

$526K

-3.9% from 2015

Total participants

+27.3% from 2015

Average account balance

$40,474

-40.8% from 2015

Annual return

6.02%

+5.19 pp from 2015

Benchmarks

See 13,988 peers

Peer group

Industry53 - Real Estate and Rental and Leasing

Plan typeDefined contribution

Participants<25

Cohort13,988 peers

Snapshot2016

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

Analytics

Total assets (EOY)

Plan-year ending balance

$1.18M

Not enough data

1 years with asset history on file

Average account balance

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

$66K

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.

120.0%

Not enough data

1 years with eligibility data

Contributions (total)

Employer and participant dollars contributed each year

$166K

Not enough data

1 years with contributions on file

Contributions per participant

Average employer and participant contribution per enrolled participant

$11K

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

+20.70%

Not enough data

1 years with return on file

Admin fee / account holder

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

$327

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 codes2E2G3D2T

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.
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

$85K

$9426 / participant

Other / not subdivided$85K100.0%

% of EOY assets

16.123%

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

$40,474

$215,361-81.2%

$171,082-76.3%

$273,972-85.2%

Participation rate

88.9%

82.0%+6.9pp

76.7%+12.2pp

83.0%+5.9pp

Annual return

6.02%

25.14%-19.1pp

32.56%-26.5pp

41.46%-35.4pp

Employer contribution / active EE

$1,330

$4,967-73.2%

$4,002-66.8%

$4,869-72.7%

Participant deferral / active EE

$1,678

$5,543-69.7%

$4,797-65.0%

$5,287-68.3%

Admin fee / account holder

$6,525

$10,846-39.8%

$8,520-23.4%

$10,133-35.6%

THE MUSSELMAN ABSTRACT CO, INC. EMPLOYEE RETIREMENT SAVINGS PLAN

Summary metrics

Benchmarksi

Analytics

Service providersi

Plan features & details

Opportunity flagsi

Expense breakdowni

Audit opinioni

THE MUSSELMAN ABSTRACT CO, INC. EMPLOYEE RETIREMENT SAVINGS 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