Retirement plan

MEYER, LYTTON, ALLEN, WHITAKER, INC./MLA LABS 401(K) PROFIT SHARING PLAN

Name: MEYER, LYTTON, ALLEN, WHITAKER, INC - MEYER, LYTTON, ALLEN, WHITAKER, INC./MLA LABS 401(K) PROFIT SHARING PLAN (2021) Form 5500
Creator: MEYER, LYTTON, ALLEN, WHITAKER, INC
License: https://www.dol.gov/general/disclaim
Keywords: Form 5500, ERISA, retirement plan, MEYER, LYTTON, ALLEN, WHITAKER, INC./MLA LABS 401(K) PROFIT SHARING PLAN, MEYER, LYTTON, ALLEN, WHITAKER, INC

MEYER, LYTTON, ALLEN, WHITAKER, INCEIN 74-1669714Plan #002PY 2021

8303 N. MOPAC EXPRESSWAY, SUITE C-280 - AUSTIN, TX 78759512-835-7000

Prospect flagsLow returnsCorrective distributions

How to read this page

Total assets (EOY)

$8.2M

+18.8% from 2020

Total participants

233

+2.2% from 2020

Average account balance

$35,179

+16.3% from 2020

Annual return

10.48%

-0.48 pp from 2020

Benchmarks

See 5,714 peers

Peer group

Industry54 - Professional, Scientific, and Technical Services

Plan typeDefined contribution

Participants100-249

Cohort5,714 peers

Snapshot2021

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

Analytics

Total assets (EOY)

Plan-year ending balance

$10.93M

Not enough data

1 years with asset history on file

Average account balance

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

$44K

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.

251

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.

93.8%

Not enough data

1 years with eligibility data

Contributions (total)

Employer and participant dollars contributed each year

$1.06M

Not enough data

1 years with contributions on file

Contributions per participant

Average employer and participant contribution per enrolled participant

$7K

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

+12.74%

Not enough data

1 years with return on file

Admin fee / account holder

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

$239

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

1 years with F_SCH_H allocation on file

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

Service providers

Top 4 by compensation

Provider	Service type	Compensation
LINCOLN NATIONAL CORPORATION4 years Service code 15 · EIN 35-0472300	Recordkeeping	$38,822
CJG PARTNERS LLP2 years Filed as: CJG PARTNERS Service code 10 · EIN 36-3383864 1101 PERIMETER DR, STE 800 · SCHAUMBURG, IL 60173	Accounting	$13,200
M2B RETIREMENT CONSULTING LLC3 years Filed as: M2B RETIREMENT CONSULTING Service code 99 · EIN 81-3989034 101 BRADFORD RD, STE 200 · WEXFORD, PA 15090	Other Fees	$3,350
WILLIAMSON CPA LLC3 years Service code 17 · EIN 27-2314415 3959 TORREY PINES BLVD · SARASOTA, FL 34238	Pension Consulting	$1,200

Plan features & details

Pension benefit codes2E2F2G2J2K3D3H

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.
3H
Controlled group member
Plan sponsor(s) is (are) a member(s) of a controlled group (Code sections 414(b) (c) or (m)).

Opportunity flags

2 tripped

OpportunityLow returns
Annual investment return is in the bottom quintile of the peer cohort.
ComplianceCorrective distributions
Plan reported corrective distributions (failed ADP/ACP testing).

Expense breakdown

Schedule H Part II

Admin total

$60K

$468 / participant

Investment mgmt$60K100.0%

% of EOY assets

0.737%

all-in expense ratio

Categories reported

1 / 9

subdivided buckets used

Audit opinion

Schedule H Part III

Unqualified opinion

Auditor signed off without reservation - the cleanest possible opinion.

Auditor firm: CJG PARTNERS LLP
Auditor EIN: 363383864
Audit fees: (not subdivided)
Opinion code: Unqualified

Metric

This plan

Peer set

Industry

Size

Avg account balance

$35,179

$104,497-66.3%

$159,487-77.9%

$79,389-55.7%

Participation rate

100.0%

76.6%+23.4pp

82.8%+17.2pp

70.7%+29.3pp

Annual return

10.48%

67.98%-57.5pp

263.71%-253.2pp

116.89%-106.4pp

Employer contribution / active EE

$2,895

$3,418-15.3%

$4,831-40.1%

$2,428+19.2%

Participant deferral / active EE

$3,716

$6,468-42.6%

$7,354-49.5%

$4,046-8.2%

Admin fee / account holder

$259

$711-63.6%

$10,804-97.6%

$626-58.6%

Provider

Service type

Compensation

LINCOLN NATIONAL CORPORATION4 years

Service code 15 · EIN 35-0472300

Recordkeeping

$38,822

CJG PARTNERS LLP2 years

Filed as: CJG PARTNERS

Service code 10 · EIN 36-3383864

1101 PERIMETER DR, STE 800 · SCHAUMBURG, IL 60173

Accounting

$13,200

M2B RETIREMENT CONSULTING LLC3 years

Filed as: M2B RETIREMENT CONSULTING

Service code 99 · EIN 81-3989034

101 BRADFORD RD, STE 200 · WEXFORD, PA 15090

Other Fees

$3,350

WILLIAMSON CPA LLC3 years

Service code 17 · EIN 27-2314415

3959 TORREY PINES BLVD · SARASOTA, FL 34238

Pension Consulting

$1,200

MEYER, LYTTON, ALLEN, WHITAKER, INC./MLA LABS 401(K) PROFIT SHARING PLAN

Summary metrics

Benchmarksi

Analytics

Service providersi

Plan features & details

Opportunity flagsi

Expense breakdowni

Audit opinioni

MEYER, LYTTON, ALLEN, WHITAKER, INC./MLA LABS 401(K) PROFIT SHARING 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