Retirement plan

MILLER PUMP SYSTEMS, INC. 401(K0 PLAN

Name: MILLER PUMP SYSTEMS, INC. - MILLER PUMP SYSTEMS, INC. 401(K0 PLAN (2018) Form 5500
Creator: MILLER PUMP SYSTEMS, INC.
License: https://www.dol.gov/general/disclaim
Keywords: Form 5500, ERISA, retirement plan, MILLER PUMP SYSTEMS, INC. 401(K0 PLAN, MILLER PUMP SYSTEMS, INC.

MILLER PUMP SYSTEMS, INC.EIN 73-1514690Plan #001PY 2018

P.O. BOX 140720 - BROKEN ARROW, OK 74014918-250-6969millerpumpsystems.comLinkedIn11-50 employeesconstruction

Prospect flagsHigh fees

How to read this page

Total assets (EOY)

$1.2M

+7.0% from 2017

Total participants

-12.5% from 2017

Average account balance

$207,701

+24.8% from 2017

Annual return

2.98%

-0.02 pp from 2017

Benchmarks

See 1,324 peers

Peer group

Industry22 - Utilities

Plan typeDefined contribution

Participants<25

Cohort1,324 peers

Snapshot2018

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

Analytics

Total assets (EOY)

Plan-year ending balance

$1.88M

Not enough data

1 years with asset history on file

Average account balance

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

$469K

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.

100.0%

Not enough data

1 years with eligibility data

Contributions (total)

Employer and participant dollars contributed each year

$84K

Not enough data

1 years with contributions on file

Contributions per participant

Average employer and participant contribution per enrolled participant

$21K

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

+2.98%

Not enough data

1 years with return on file

Admin fee / account holder

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

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 codes2E2F2G2J3D2T

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.
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

$3K

$505 / participant

Other / not subdivided$3K100.0%

% of EOY assets

0.203%

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

$207,701

$90,590+129.3%

$90,782+128.8%

$135,380+53.4%

Participation rate

80.0%

83.7%-3.7pp

82.7%-2.7pp

82.6%-2.6pp

Annual return

2.98%

-3.40%+6.4pp

-3.42%+6.4pp

519.81%-516.8pp

Employer contribution / active EE

$4,352-100.0%

$4,105-100.0%

$4,779-100.0%

Participant deferral / active EE

$9,800

$5,407+81.3%

$5,366+82.6%

$5,609+74.7%

Admin fee / account holder

$421

$7,683-94.5%

$5,908-92.9%

$10,828-96.1%

MILLER PUMP SYSTEMS, INC. 401(K0 PLAN

Summary metrics

Benchmarksi

Analytics

Service providersi

Plan features & details

Opportunity flagsi

Expense breakdowni

Audit opinioni

MILLER PUMP SYSTEMS, INC. 401(K0 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