Retirement plan

MAGELLAN LITIGATION SUPPORT SERVICE, INC. 401(K) PLAN

Name: MAGELLAN LITIGATION SUPPORT SERVICE, INC. - MAGELLAN LITIGATION SUPPORT SERVICE, INC. 401(K) PLAN (2017) Form 5500
Creator: MAGELLAN LITIGATION SUPPORT SERVICE, INC.
License: https://www.dol.gov/general/disclaim
Keywords: Form 5500, ERISA, retirement plan, MAGELLAN LITIGATION SUPPORT SERVICE, INC. 401(K) PLAN, MAGELLAN LITIGATION SUPPORT SERVICE, INC.

MAGELLAN LITIGATION SUPPORT SERVICE, INC.EIN 77-0530440Plan #001PY 2017

333 PALMER DRIVE, SUITE 230 - BAKERSFIELD, CA 93309661-377-0301

Prospect flagsLow returnsHigh fees

How to read this page

Total assets (EOY)

$508K

+18.1% from 2016

Total participants

-16.7% from 2016

Average account balance

$127,058

+47.6% from 2016

Annual return

8.71%

+6.23 pp from 2016

Benchmarks

See 114,331 peers

Peer group

Industry54 - Professional, Scientific, and Technical Services

Plan typeDefined contribution

Participants<25

Cohort114,331 peers

Snapshot2017

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

Analytics

Total assets (EOY)

Plan-year ending balance

$1.17M

Not enough data

1 years with asset history on file

Average account balance

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

$195K

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.

120.0%

Not enough data

1 years with eligibility data

Contributions (total)

Employer and participant dollars contributed each year

$113K

Not enough data

1 years with contributions on file

Contributions per participant

Average employer and participant contribution per enrolled participant

$23K

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

+5.28%

Not enough data

1 years with return on file

Admin fee / account holder

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

$1909

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 codes2E2F2G2J2R

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.

Opportunity flags

2 tripped

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

$11K

$2274 / participant

Other / not subdivided$11K100.0%

% of EOY assets

2.237%

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

$127,058

$150,442-15.5%

$136,295-6.8%

$147,585-13.9%

Participation rate

80.0%

84.4%-4.4pp

81.9%-1.9pp

82.8%-2.8pp

Annual return

8.71%

1049.09%-1040.4pp

5155.97%-5147.3pp

578.56%-569.9pp

Employer contribution / active EE

$2,346

$5,256-55.4%

$4,695-50.0%

$4,876-51.9%

Participant deferral / active EE

$7,061

$6,630+6.5%

$6,247+13.0%

$5,439+29.8%

Admin fee / account holder

$2,843

$10,905-73.9%

$9,243-69.2%

$10,885-73.9%

MAGELLAN LITIGATION SUPPORT SERVICE, INC. 401(K) PLAN

Summary metrics

Benchmarksi

Analytics

Service providersi

Plan features & details

Opportunity flagsi

Expense breakdowni

Audit opinioni

MAGELLAN LITIGATION SUPPORT SERVICE, INC. 401(K) 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