Retirement plan

G.A. MOSITES COMPANY OF FT. WORTH, INC. AND ASSOCIATED COMPANIES 401(K) & PROFIT SHARING PLAN & TRUST.

Name: MOSITES RUBBER CO., INC. - G.A. MOSITES COMPANY OF FT. WORTH, INC. AND ASSOCIATED COMPANIES 401(K) & PROFIT SHARING PLAN & TRUST. (2019) Form 5500
Creator: MOSITES RUBBER CO., INC.
License: https://www.dol.gov/general/disclaim
Keywords: Form 5500, ERISA, retirement plan, G.A. MOSITES COMPANY OF FT. WORTH, INC. AND ASSOCIATED COMPANIES 401(K) & PROFIT SHARING PLAN & TRUST., MOSITES RUBBER CO., INC.

MOSITES RUBBER CO., INC.EIN 75-0956475Plan #001PY 2019

P O BOX 2115 - FORT WORTH, TX 76113817-335-3451mositesrubber.comLinkedIn1-10 employeesplastics

Prospect flagsLow returnsHigh feesLow participant contribution

How to read this page

Total assets (EOY)

$7.1M

+17.7% from 2018

Total participants

+4.7% from 2018

Average account balance

$109,398

+14.1% from 2018

Annual return

15.40%

+17.89 pp from 2018

Benchmarks

See 5,807 peers

Peer group

Industry32 - Manufacturing

Plan typeDefined contribution

Participants25-99

Cohort5,807 peers

Snapshot2019

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

Analytics

Total assets (EOY)

Plan-year ending balance

$4.86M

Not enough data

1 years with asset history on file

Average account balance

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

$125K

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.

87.8%

Not enough data

1 years with eligibility data

Contributions (total)

Employer and participant dollars contributed each year

Not enough data

0 years with contributions on file

Contributions per participant

Average employer and participant contribution per enrolled participant

Not enough data

0 years with per-participant contribution data

Asset flow

BOY + contributions + return - distributions = EOY

Year

Annual return

Diverging bars; negative years highlighted

+10.60%

Not enough data

1 years with return on file

Admin fee / account holder

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

$32180

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 codes2E2F2G2J2R2T3D3H

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.
2R
Participant-directed brokerage accounts
Participant-directed brokerage accounts provided as an investment option under the plan.
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.
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

3 tripped

OpportunityLow participant contribution
Participant contribution per participant is in the bottom quintile of the peer cohort.
OpportunityHigh fees
Administrative expenses exceed $300 per participant per year - possible fee-review opportunity. (Recordkeeping / audit / legal; excludes investment management.)
OpportunityLow returns
Annual investment return is in the bottom quintile of the peer cohort.

Expense breakdown

Schedule H Part II

Admin total

$379K

$6774 / participant

Other / not subdivided$379K100.0%

% of EOY assets

5.335%

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

$109,398

$76,371+43.2%

$93,621+16.9%

$72,976+49.9%

Participation rate

96.4%

71.8%+24.7pp

75.8%+20.6pp

69.5%+26.9pp

Annual return

15.40%

25.82%-10.4pp

32.76%-17.4pp

81.02%-65.6pp

Employer contribution / active EE

$8,984

$2,276+294.8%

$2,719+230.5%

$2,440+268.2%

Participant deferral / active EE

$3,538-100.0%

$4,070-100.0%

$3,608-100.0%

Admin fee / account holder

$5,836

$6,839-14.7%

$7,890-26.0%

$5,124+13.9%

G.A. MOSITES COMPANY OF FT. WORTH, INC. AND ASSOCIATED COMPANIES 401(K) & PROFIT SHARING PLAN & TRUST.

Summary metrics

Benchmarksi

Analytics

Service providersi

Plan features & details

Opportunity flagsi

Expense breakdowni

Audit opinioni

G.A. MOSITES COMPANY OF FT. WORTH, INC. AND ASSOCIATED COMPANIES 401(K) & PROFIT SHARING PLAN & 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