Retirement plan

MONTBELL AMERICA INC. 401(K) PROFIT SHARING PLAN AND TRUST

Name: MONTBELL AMERICA INC. - MONTBELL AMERICA INC. 401(K) PROFIT SHARING PLAN AND TRUST (2022) Form 5500
Creator: MONTBELL AMERICA INC.
License: https://www.dol.gov/general/disclaim
Keywords: Form 5500, ERISA, retirement plan, MONTBELL AMERICA INC. 401(K) PROFIT SHARING PLAN AND TRUST, MONTBELL AMERICA INC.

MONTBELL AMERICA INC.EIN 75-3055608Plan #001PY 2022

3550 FRONTIER AVE, SUITE UNIT B - BOULDER, CO 80301720-565-2800

Prospect flagsLow returnsLow participation

How to read this page

Total assets (EOY)

$464K

-19.9% from 2021

Total participants

+20.0% from 2021

Average account balance

$92,825

-19.9% from 2021

Annual return

-24.65%

-41.35 pp from 2021

Benchmarks

See 9,016 peers

Peer group

Industry45 - Retail Trade

Plan typeDefined contribution

Participants<25

Cohort9,016 peers

Snapshot2022

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

Analytics

Total assets (EOY)

Plan-year ending balance

$42K

Not enough data

1 years with asset history on file

Average account balance

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

$42K

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.

7.7%

Not enough data

1 years with eligibility data

Contributions (total)

Employer and participant dollars contributed each year

$69

Not enough data

1 years with contributions on file

Contributions per participant

Average employer and participant contribution per enrolled participant

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

+9.68%

Not enough data

1 years with return on file

Admin fee / account holder

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

$760249

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 codes2E2F2G2J2T3D

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

2 tripped

OpportunityLow participation
Participation rate is below 70% (account-balance holders / active employees) - enrollment or auto-enroll opportunity.
OpportunityLow returns
Annual investment return is in the bottom quintile of the peer cohort.

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

$92,825

$106,551-12.9%

$91,225+1.8%

$134,532-31.0%

Participation rate

66.7%

76.8%-10.1pp

73.2%-6.5pp

81.2%-14.6pp

Annual return

-24.65%

160.78%-185.4pp

114.12%-138.8pp

418.27%-442.9pp

Employer contribution / active EE

$3,331-100.0%

$2,851-100.0%

$4,741-100.0%

Participant deferral / active EE

$9,200

$4,718+95.0%

$4,233+117.3%

$6,401+43.7%

Admin fee / account holder

$6,234-100.0%

$5,422-100.0%

$11,429-100.0%

MONTBELL AMERICA INC. 401(K) PROFIT SHARING PLAN AND TRUST

Summary metrics

Benchmarksi

Analytics

Service providersi

Plan features & details

Opportunity flagsi

Audit opinioni

MONTBELL AMERICA INC. 401(K) PROFIT SHARING PLAN AND TRUST

Summary metrics

Benchmarksi

Analytics

Service providersi

Plan features & details

Opportunity flagsi

Audit opinioni

Benchmarks

Service providers

Opportunity flags

Audit opinion

Benchmarks

Service providers

Opportunity flags

Audit opinion