Retirement plan

MISSISSIPPI POLYMERS, INC. RETIREMENT SAVINGS PLAN

Name: MISSISSIPPI POLYMERS, INC. - MISSISSIPPI POLYMERS, INC. RETIREMENT SAVINGS PLAN (2017) 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 2017

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

Other plans on this EIN

2 filings

#001Retirement-$14.7M assets #003Retirement-$8.7M assets

Prospect flagsLow returnsLow participant contribution

How to read this page

Total assets (EOY)

$4.4M

+14.9% from 2016

Total participants

145

+3.6% from 2016

Average account balance

$30,984

+11.7% from 2016

Annual return

12.10%

+5.72 pp from 2016

Benchmarks

See 1,975 peers

Peer group

Industry32 - Manufacturing

Plan typeDefined contribution

Participants100-249

Cohort1,975 peers

Snapshot2017

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

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Service providers

Top 10 of 11 by compensation

Provider	Service type	Compensation
MASSACHUSETTS MUTUAL LIFE INS. CO.3+ years Service code 52 · EIN 04-1590850	Indirect Investment Fees	$2,525
FRANKLIN TEMPLETON1 year Filed as: FRANKLINTEMPLETON Service code 52 · EIN 90-0342299	Indirect Investment Fees	$0
HARRIS1 year Service code 52 · EIN 90-0342299	Indirect Investment Fees	$0
INVESCO1 year Service code 52 · EIN 90-0342299	Indirect Investment Fees	$0
MORGAN STANLEY SMITH BARNEY1 year Filed as: JP MORGAN Service code 52 · EIN 90-0342299	Indirect Investment Fees	$0
MANNING & NAPIER1 year Service code 52 · EIN 90-0342299	Indirect Investment Fees	$0
MFS INVESTMENT MANAGEMENT1 year Service code 52 · EIN 90-0342299	Indirect Investment Fees	$0
OPPENHEIMER1 year Service code 52 · EIN 22-3849391	Indirect Investment Fees	$0
T ROWE PRICE RPS INC1 year Filed as: T. ROWE PRICE Service code 52 · EIN 56-2294396	Indirect Investment Fees	$0
THORNBURG1 year Service code 52 · EIN 85-0451747	Indirect Investment Fees	$0

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

2 tripped

OpportunityLow participant contribution
Participant contribution per participant is in the bottom quintile of the peer cohort.
OpportunityLow returns
Annual investment return is in the bottom quintile of the peer cohort.

Expense breakdown

Schedule H Part II

Admin total

$3K

$18 / participant

Contract admin$3K100.0%

% of EOY assets

0.057%

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

$30,984

$63,314-51.1%

$91,004-66.0%

$62,293-50.3%

Participation rate

98.6%

73.3%+25.3pp

75.6%+23.0pp

69.5%+29.1pp

Annual return

12.10%

21.00%-8.9pp

4.60%+7.5pp

28.90%-16.8pp

Employer contribution / active EE

$1,433

$1,807-20.7%

$2,456-41.6%

$2,042-29.8%

Participant deferral / active EE

$1,319

$2,944-55.2%

$3,548-62.8%

$3,169-58.4%

Admin fee / account holder

$18

$468-96.2%

$5,417-99.7%

$479-96.3%

Provider

Service type

Compensation

MASSACHUSETTS MUTUAL LIFE INS. CO.3+ years

Service code 52 · EIN 04-1590850

Indirect Investment Fees

$2,525

FRANKLIN TEMPLETON1 year

Filed as: FRANKLINTEMPLETON