Retirement plan

MOPAC EMPLOYEES FEDERAL CREDIT UNION MONEY PURCHASE PLAN AND TRUST

Name: MOPAC EMPLOYEES FEDERAL CREDIT UNION - MOPAC EMPLOYEES FEDERAL CREDIT UNION MONEY PURCHASE PLAN AND TRUST (2019) Form 5500
Creator: MOPAC EMPLOYEES FEDERAL CREDIT UNION
License: https://www.dol.gov/general/disclaim
Keywords: Form 5500, ERISA, retirement plan, MOPAC EMPLOYEES FEDERAL CREDIT UNION MONEY PURCHASE PLAN AND TRUST, MOPAC EMPLOYEES FEDERAL CREDIT UNION

MOPAC EMPLOYEES FEDERAL CREDIT UNIONEIN 75-0818031Plan #003PY 2019

PO BOX 205 - PALESTINE, TX 758020205903-729-3226mopaccu.comLinkedIn1-10 employeesbanking

Other plans on this EIN

1 filing

#002Retirement-$409K assets

Prospect flagsNo flags tripped

How to read this page

Total assets (EOY)

$268K

+19.5% from 2018

Total participants

+16.7% from 2018

Average account balance

$44,671

+19.5% from 2018

Annual return

14.35%

+16.16 pp from 2018

Benchmarks

See 31,999 peers

Peer group

Industry52 - Finance and Insurance

Plan typeDefined contribution

Participants<25

Cohort31,999 peers

Snapshot2019

See peer percentile detail. $4.99 for your first month.

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Analytics

Total assets (EOY)

Plan-year ending balance

$418K

Not enough data

1 years with asset history on file

Average account balance

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

$46K

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.

180.0%

Not enough data

1 years with eligibility data

Contributions (total)

Employer and participant dollars contributed each year

$15K

Not enough data

1 years with contributions on file

Contributions per participant

Average employer and participant contribution per enrolled participant

$3K

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

+4.97%

Not enough data

1 years with return on file

Admin fee / account holder

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

$2223

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

See the 10-year trajectory. $4.99 for your first month.

Solo adds 10-year history, peer benchmarks, provider and welfare analytics, saves, and exports. Then $34.99 a month.

Start for $4.99 See plans

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 codes2C2F2G3D2D

Plan features

2C
Money purchase plan
Money purchase pension plan other than a target benefit plan.
2D
Offset plan
Plan benefits are subject to offset for retirement benefits provided in another plan or arrangement of the employer.
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.
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

0 tripped

No flags tripped for this filing year. This plan looks clean.

Expense breakdown

Schedule H Part II

Admin total

$360

$72 / participant

Other / not subdivided$360100.0%

% of EOY assets

0.134%

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: -

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Metric

This plan

Peer set

Industry

Size

Avg account balance

$44,671

$183,963-75.7%

$162,163-72.5%

$152,861-70.8%

Participation rate

80.0%

88.5%-8.5pp

87.6%-7.6pp

82.4%-2.4pp

Annual return

14.35%

150.76%-136.4pp

115.59%-101.2pp

345.32%-331.0pp

Employer contribution / active EE

$2,390

$6,371-62.5%

$5,614-57.4%

$4,762-49.8%

Participant deferral / active EE

$8,034-100.0%

$7,298-100.0%

$5,850-100.0%

Admin fee / account holder

$60

$13,121-99.5%

$10,843-99.4%

$11,596-99.5%

MOPAC EMPLOYEES FEDERAL CREDIT UNION MONEY PURCHASE PLAN AND TRUST

Summary metrics

Benchmarksi

Analytics

Service providersi

Plan features & details

Opportunity flagsi

Expense breakdowni

Audit opinioni

MOPAC EMPLOYEES FEDERAL CREDIT UNION MONEY PURCHASE PLAN AND TRUST

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