Retirement plan

MISSISSIPPI POLYMERS, INC. RETIREMENT SAVINGS PLAN

Name: MISSISSIPPI POLYMERS, INC. - MISSISSIPPI POLYMERS, INC. RETIREMENT SAVINGS PLAN (2016) Form 5500
Creator: MISSISSIPPI POLYMERS, INC.
License: https://www.dol.gov/general/disclaim
Keywords: Form 5500, ERISA, retirement plan, MISSISSIPPI POLYMERS, INC. RETIREMENT SAVINGS PLAN, MISSISSIPPI POLYMERS, INC.

MISSISSIPPI POLYMERS, INC.EIN 75-3095103Plan #002PY 2016

2733 S. HARPER ROAD - CORINTH, MS 38834662-287-1401mississippipolymers.comLinkedIn1-10 employeesmachinery

Other plans on this EIN

2 filings

#001Retirement-$13.5M assets #003Retirement-$8.1M assets

Prospect flagsNo flags tripped

How to read this page

Total assets (EOY)

$3.9M

+5.3% from 2015

Total participants

140

-2.1% from 2015

Average account balance

$27,749

+6.8% from 2015

Annual return

6.38%

+7.21 pp from 2015

Benchmarks

See 1,948 peers

Peer group

Industry32 - Manufacturing

Plan typeDefined contribution

Participants100-249

Cohort1,948 peers

Snapshot2016

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

Analytics

Total assets (EOY)

Plan-year ending balance

$5.46M

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.

120

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.

100.0%

Not enough data

1 years with eligibility data

Contributions (total)

Employer and participant dollars contributed each year

$341K

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

+9.53%

Not enough data

1 years with return on file

Admin fee / account holder

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

$23

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 1 by compensation

Provider	Service type	Compensation
MASSACHUSETTS MUTUAL LIFE INS. CO.2+ years Service code 52 · EIN 04-1590850	Indirect Investment Fees	$2,750

Plan features & details

Pension benefit codes2E2J2F2G3D2T

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

0 tripped

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

Expense breakdown

Schedule H Part II

Admin total

$3K

$21 / participant

Contract admin$3K100.0%

% of EOY assets

0.071%

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: NAIL MCKINNEY PROFESSIONAL ASSOCIAT
Auditor EIN: 640760834
Audit fees: (not subdivided)
Opinion code: Disclaimer

Metric

This plan

Peer set

Industry

Size

Avg account balance

$27,749

$56,640-51.0%

$78,002-64.4%

$55,167-49.7%

Participation rate

99.2%

73.3%+25.9pp

75.5%+23.7pp

69.0%+30.3pp

Annual return

6.38%

2868.48%-2862.1pp

425.99%-419.6pp

169.23%-162.9pp

Employer contribution / active EE

$1,352

$1,724-21.5%

$2,470-45.2%

$1,963-31.1%

Participant deferral / active EE

$1,438

$2,778-48.2%

$3,497-58.9%

$3,054-52.9%

Admin fee / account holder

$20

$467-95.8%

$5,481-99.6%

$504-96.1%

Provider

Service type

Compensation

MASSACHUSETTS MUTUAL LIFE INS. CO.2+ years

Service code 52 · EIN 04-1590850

Indirect Investment Fees

$2,750

MISSISSIPPI POLYMERS, INC. RETIREMENT SAVINGS PLAN

Summary metrics

Benchmarksi

Analytics

Service providersi

Plan features & details

Opportunity flagsi

Expense breakdowni

Audit opinioni

MISSISSIPPI POLYMERS, INC. RETIREMENT SAVINGS 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