Retirement plan

MARKETING MANAGEMENT, INC. 401(K) PLAN AND TRUST

Name: MARKETING MANAGEMENT, INC - MARKETING MANAGEMENT, INC. 401(K) PLAN AND TRUST (2018) Form 5500
Creator: MARKETING MANAGEMENT, INC
License: https://www.dol.gov/general/disclaim
Keywords: Form 5500, ERISA, retirement plan, MARKETING MANAGEMENT, INC. 401(K) PLAN AND TRUST, MARKETING MANAGEMENT, INC

MARKETING MANAGEMENT, INCEIN 75-1229196Plan #003PY 2018

4717 FLECTCHER AVENUE - FORT WORTH, TX 76107817-731-4176mmibrands.comLinkedIn51-200 employeesconsumer goods

Prospect flagsLow participationCorrective distributions

How to read this page

Total assets (EOY)

$9.3M

-13.3% from 2017

Total participants

191

-6.8% from 2017

Average account balance

$61,944

-2.3% from 2017

Annual return

-6.45%

-19.04 pp from 2017

Benchmarks

See 2,344 peers

Peer group

Industry42 - Wholesale Trade

Plan typeDefined contribution

Participants100-249

Cohort2,344 peers

Snapshot2018

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

Analytics

Total assets (EOY)

Plan-year ending balance

$6.92M

Not enough data

1 years with asset history on file

Average account balance

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

$96K

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.

153.2%

Not enough data

1 years with eligibility data

Contributions (total)

Employer and participant dollars contributed each year

$133K

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

+10.28%

Not enough data

1 years with return on file

Admin fee / account holder

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

$6878

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 5 by compensation

Provider	Service type	Compensation
NFP RETIREMENT INC4+ years Filed as: NFP SECURITIES INC Service code 55 · EIN 74-2794194	Other Commissions	$19,439
WHITLEY PENN LLP1 year Filed as: WHITLEY PENN Service code 50 · EIN 75-2393478	Direct Payment	$15,500
MASSACHUSETTS MUTUAL LIFE INS. CO.4+ years Filed as: MASSMUTUAL RETIREMENT SERVICES, LLC Service code 15 · EIN 26-1589907	Recordkeeping	$3,925
RELIANCE TRUST COMPANY4+ years Service code 19 · EIN 58-1428634	Securities Custodian	$545
ENVESTNET RETIREMENT SOLUTIONS, LLC3 years Service code 27 · EIN 61-1732930	Advisory (Plan)	$0

Plan features & details

Pension benefit codes2E2F2G2J2K3D2T

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.
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

2 tripped

OpportunityLow participation
Participation rate is below 70% (account-balance holders / active employees) - enrollment or auto-enroll opportunity.
ComplianceCorrective distributions
Plan reported corrective distributions (failed ADP/ACP testing).

Expense breakdown

Schedule H Part II

Admin total

$19K

$167 / participant

Contract admin$4K20.2%
Other / not subdivided$16K79.8%

% of EOY assets

0.209%

all-in expense ratio

Categories reported

1 / 9

subdivided buckets used

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: WHITNEY PENN, LLP
Auditor EIN: 752393478
Audit fees: (not subdivided)
Opinion code: Disclaimer

Metric

This plan

Peer set

Industry

Size

Avg account balance

$61,944

$66,302-6.6%

$110,243-43.8%

$56,289+10.0%

Participation rate

64.7%

74.9%-10.3pp

79.8%-15.2pp

69.9%-5.2pp

Annual return

-6.45%

-1.18%-5.3pp

314.76%-321.2pp

-9.96%+3.5pp

Employer contribution / active EE

$1,559

$2,047-23.8%

$3,827-59.3%

$2,111-26.1%

Participant deferral / active EE

$4,217

$3,381+24.7%

$4,672-9.7%

$3,350+25.9%

Admin fee / account holder

$130

$698-81.5%

$8,548-98.5%

$521-75.1%

Provider

Service type

Compensation

NFP RETIREMENT INC4+ years

Filed as: NFP SECURITIES INC

Service code 55 · EIN 74-2794194

Other Commissions

$19,439

WHITLEY PENN LLP1 year

Filed as: WHITLEY PENN

Service code 50 · EIN 75-2393478

Direct Payment

$15,500

MASSACHUSETTS MUTUAL LIFE INS. CO.4+ years

Filed as: MASSMUTUAL RETIREMENT SERVICES, LLC

Service code 15 · EIN 26-1589907

Recordkeeping

$3,925

RELIANCE TRUST COMPANY4+ years

Service code 19 · EIN 58-1428634

Securities Custodian

$545

ENVESTNET RETIREMENT SOLUTIONS, LLC3 years

Service code 27 · EIN 61-1732930

Advisory (Plan)

MARKETING MANAGEMENT, INC. 401(K) PLAN AND TRUST

Summary metrics

Benchmarksi

Analytics

Service providersi

Plan features & details

Opportunity flagsi

Expense breakdowni

Audit opinioni

MARKETING MANAGEMENT, INC. 401(K) 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