Retirement plan

MCCOY TREE SURGERY CO. 401(K) PROFIT SHARING PLAN

Name: MCCOY TREE SURGERY CO. - MCCOY TREE SURGERY CO. 401(K) PROFIT SHARING PLAN (2017) Form 5500
Creator: MCCOY TREE SURGERY CO.
License: https://www.dol.gov/general/disclaim
Keywords: Form 5500, ERISA, retirement plan, MCCOY TREE SURGERY CO. 401(K) PROFIT SHARING PLAN, MCCOY TREE SURGERY CO.

MCCOY TREE SURGERY CO.EIN 73-0756328Plan #001PY 2017

3201 BROCE DRIVE - NORMAN, OK 73072405-579-6000mccoytreesurgery.comLinkedIn51-200 employees

Prospect flagsLow returnsLow participationFailed to transmit contributions

How to read this page

Total assets (EOY)

$2.6M

+2.8% from 2016

Total participants

152

-10.1% from 2016

Average account balance

$45,099

+11.9% from 2016

Annual return

13.05%

+8.69 pp from 2016

Benchmarks

See 945 peers

Peer group

Industry56 - Administrative and Support and Waste Management and Remediation Services

Plan typeDefined contribution

Participants100-249

Cohort945 peers

Snapshot2017

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

Analytics

Total assets (EOY)

Plan-year ending balance

$3.33M

Not enough data

1 years with asset history on file

Average account balance

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

$119K

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.

35.0%

Not enough data

1 years with eligibility data

Contributions (total)

Employer and participant dollars contributed each year

$159K

Not enough data

1 years with contributions on file

Contributions per participant

Average employer and participant contribution per enrolled participant

$2K

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

+11.72%

Not enough data

1 years with return on file

Admin fee / account holder

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

$10369

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

Top 3 by compensation

Provider	Service type	Compensation
JP MORGAN INVESTMENT MANAGEMENT INC2+ years Filed as: MEEDER INVESTMENT MANAGEMENT Service code 26 6125 MEMORIAL DRIVE · DUBLIN, OH 43017	Advisory (Participants)	$13,333
NATIONWIDE3+ years Service code 15 ONE NATIONWIDE PLAZA · COLUMBUS, OH 43215	Recordkeeping	$11,667
PENSION ASSURANCE LLP2+ years Filed as: PENSION SOLUTIONS Service code 13 9116 N KELLEY AVENUE · OKLAHOMA CITY, OK 73131	Contract Administrator	$837

Plan features & details

Pension benefit codes2E2F2G2J2K3D

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.
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

3 tripped

OpportunityLow participation
Participation rate is below 70% (account-balance holders / active employees) - enrollment or auto-enroll opportunity.
OpportunityLow returns
Annual investment return is in the bottom quintile of the peer cohort.
ComplianceFailed to transmit contributions
Form 5500 reported a failure to timely transmit participant contributions (Schedule H line 4a).

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: EIDE BAILLY LLP
Auditor EIN: 450250958
Audit fees: (not subdivided)
Opinion code: Disclaimer

Metric

This plan

Peer set

Industry

Size

Avg account balance

$45,099

$36,767+22.7%

$81,473-44.6%

$62,293-27.6%

Participation rate

28.6%

54.4%-25.9pp

68.0%-39.4pp

69.5%-40.9pp

Annual return

13.05%

173.80%-160.7pp

38.78%-25.7pp

28.90%-15.8pp

Employer contribution / active EE

$376

$1,128-66.7%

$2,568-85.3%

$2,042-81.6%

Participant deferral / active EE

$939

$2,111-55.5%

$3,537-73.5%

$3,169-70.4%

Admin fee / account holder

$797-100.0%

$4,561-100.0%

$479-100.0%

Provider

Service type

Compensation

JP MORGAN INVESTMENT MANAGEMENT INC2+ years

Filed as: MEEDER INVESTMENT MANAGEMENT

Service code 26

6125 MEMORIAL DRIVE · DUBLIN, OH 43017

Advisory (Participants)

$13,333

NATIONWIDE3+ years

Service code 15

ONE NATIONWIDE PLAZA · COLUMBUS, OH 43215

Recordkeeping

$11,667

PENSION ASSURANCE LLP2+ years

Filed as: PENSION SOLUTIONS

Service code 13

9116 N KELLEY AVENUE · OKLAHOMA CITY, OK 73131

Contract Administrator

$837

MCCOY TREE SURGERY CO. 401(K) PROFIT SHARING PLAN

Summary metrics

Benchmarksi

Analytics

Service providersi

Plan features & details

Opportunity flagsi

Audit opinioni

MCCOY TREE SURGERY CO. 401(K) PROFIT SHARING PLAN

Summary metrics

Benchmarksi

Analytics

Service providersi

Plan features & details

Opportunity flagsi

Audit opinioni

Benchmarks

Service providers

Opportunity flags

Audit opinion

Benchmarks

Service providers

Opportunity flags

Audit opinion