Retirement plan

MEZA EMPLOYMENT MANAGEMENT SOLUTIONS, LLC 401(K) PLAN

Name: MEZA EMPLOYMENT MANAGEMENT SOLUTIONS, LLC - MEZA EMPLOYMENT MANAGEMENT SOLUTIONS, LLC 401(K) PLAN (2022) Form 5500
Creator: MEZA EMPLOYMENT MANAGEMENT SOLUTIONS, LLC
License: https://www.dol.gov/general/disclaim
Keywords: Form 5500, ERISA, retirement plan, MEZA EMPLOYMENT MANAGEMENT SOLUTIONS, LLC 401(K) PLAN, MEZA EMPLOYMENT MANAGEMENT SOLUTIONS, LLC

MEZA EMPLOYMENT MANAGEMENT SOLUTIONS, LLCEIN 81-3356038Plan #001PY 2022

4634 DE ZAVALA RD, SUITE 103 - SAN ANTONIO, TX 78249210-595-8779memshr.comLinkedIn1-10 employeeshuman resources

Prospect flagsLow participationLow fidelity bond

How to read this page

Total assets (EOY)

$1.9M

-1.7% from 2021

Total participants

190

-7.3% from 2021

Average account balance

$20,127

-15.5% from 2021

Annual return

-7.91%

-24.83 pp from 2021

Benchmarks

See 1,187 peers

Peer group

Industry56 - Administrative and Support and Waste Management and Remediation Services

Plan typeDefined contribution

Participants100-249

Cohort1,187 peers

Snapshot2022

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

Analytics

Total assets (EOY)

Plan-year ending balance

$1.37M

Not enough data

1 years with asset history on file

Average account balance

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

$17K

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.

45.5%

Not enough data

1 years with eligibility data

Contributions (total)

Employer and participant dollars contributed each year

$206K

Not enough data

1 years with contributions on file

Contributions per participant

Average employer and participant contribution per enrolled participant

$1K

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

+21.60%

Not enough data

1 years with return on file

Admin fee / account holder

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

$6705

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 codes2J2F2G3D2E

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.
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.
ComplianceLow fidelity bond
Fidelity bond coverage is below the ERISA section 412 10%-of-assets minimum (capped at $500,000).

Expense breakdown

Schedule H Part II

Admin total

$14K

$95 / participant

Contract admin$14K100.0%

% of EOY assets

0.739%

all-in expense ratio

Categories reported

1 / 9

subdivided buckets used

Audit opinion

Schedule H Part III

Unqualified opinion

Auditor signed off without reservation - the cleanest possible opinion.

Auditor firm: SELLECK ACCOUNTING & FINANCE, PLLC
Auditor EIN: 851204532
Audit fees: (not subdivided)
Opinion code: Unqualified

Metric

This plan

Peer set

Industry

Size

Avg account balance

$20,127

$37,440-46.2%

$77,081-73.9%

$66,930-69.9%

Participation rate

33.6%

52.9%-19.3pp

67.9%-34.4pp

69.8%-36.3pp

Annual return

-7.91%

-3.26%-4.6pp

42.33%-50.2pp

1.57%-9.5pp

Employer contribution / active EE

$1,534-100.0%

$2,813-100.0%

$2,545-100.0%

Participant deferral / active EE

$1,857

$2,620-29.1%

$4,428-58.1%

$4,238-56.2%

Admin fee / account holder

$149

$568-73.8%

$5,427-97.3%

$593-74.9%

MEZA EMPLOYMENT MANAGEMENT SOLUTIONS, LLC 401(K) PLAN

Summary metrics

Benchmarksi

Analytics

Service providersi

Plan features & details

Opportunity flagsi

Expense breakdowni

Audit opinioni

MEZA EMPLOYMENT MANAGEMENT SOLUTIONS, LLC 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