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 (2017) 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 2017

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

Prospect flagsHigh feesLow fidelity bond

How to read this page

Total assets (EOY)

$690K

+31.2% from 2016

Total participants

+14.3% from 2016

Average account balance

$49,304

+21.8% from 2016

Annual return

21.60%

+15.58 pp from 2016

Benchmarks

See 14,494 peers

Peer group

Industry53 - Real Estate and Rental and Leasing

Plan typeDefined contribution

Participants<25

Cohort14,494 peers

Snapshot2017

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

2 tripped

OpportunityHigh fees
Administrative expenses exceed $300 per participant per year - possible fee-review opportunity. (Recordkeeping / audit / legal; excludes investment management.)
ComplianceLow fidelity bond
Fidelity bond coverage is below the ERISA section 412 10%-of-assets minimum (capped at $500,000).

Expense breakdown

Schedule H Part II

Admin total

$20K

$1837 / participant

Other / not subdivided$20K100.0%

% of EOY assets

2.927%

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

$49,304

$232,540-78.8%

$185,117-73.4%

$147,586-66.6%

Participation rate

81.8%

82.4%-0.5pp

77.3%+4.6pp

82.8%-1.0pp

Annual return

21.60%

43.03%-21.4pp

40.50%-18.9pp

578.59%-557.0pp

Employer contribution / active EE

$1,985

$5,195-61.8%

$4,182-52.5%

$4,876-59.3%

Participant deferral / active EE

$4,424

$5,834-24.2%

$5,045-12.3%

$5,439-18.7%

Admin fee / account holder

$1,443

$10,275-86.0%

$8,159-82.3%

$10,886-86.7%

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