Retirement plan

NORTHERN MANAGEMENT SERVICES, INC. 401(K) SALARY REDUCTION PLAN & TRUST

Name: NORTHERN MANAGEMENT SERVICES, INC. - NORTHERN MANAGEMENT SERVICES, INC. 401(K) SALARY REDUCTION PLAN & TRUST (2018) Form 5500
Creator: NORTHERN MANAGEMENT SERVICES, INC.
License: https://www.dol.gov/general/disclaim
Keywords: Form 5500, ERISA, retirement plan, NORTHERN MANAGEMENT SERVICES, INC. 401(K) SALARY REDUCTION PLAN & TRUST, NORTHERN MANAGEMENT SERVICES, INC.

NORTHERN MANAGEMENT SERVICES, INC.EIN 82-0443572Plan #001PY 2018

607 CHURCH STREET - SANDPOINT, ID 83864208-263-1363nmsinc.comLinkedIn201-500 employees

Prospect flagsLow participationLow participant contribution

How to read this page

Total assets (EOY)

$3.1M

-15.9% from 2017

Total participants

219

-3.1% from 2017

Average account balance

$28,799

-19.7% from 2017

Annual return

-3.39%

-6.84 pp from 2017

Benchmarks

See 2,759 peers

Peer group

Industry23 - Construction

Plan typeDefined contribution

Participants100-249

Cohort2,759 peers

Snapshot2018

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

Analytics

Total assets (EOY)

Plan-year ending balance

$3.22M

Not enough data

1 years with asset history on file

Average account balance

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

$35K

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.

36.9%

Not enough data

1 years with eligibility data

Contributions (total)

Employer and participant dollars contributed each year

$393K

Not enough data

1 years with contributions on file

Contributions per participant

Average employer and participant contribution per enrolled participant

$2K

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

+7.14%

Not enough data

1 years with return on file

Admin fee / account holder

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

$194

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 2 by compensation

Provider	Service type	Compensation
MASSACHUSETTS MUTUAL LIFE INS. CO.4+ years Filed as: MASS MUTUAL LIFE INSURANCE CO Service code 15 · EIN 04-1590850	Recordkeeping	$10,174
FARMER & BETTS4+ years Service code 15 · EIN 94-3322438 6050 20TH STREET E · TACOMA, WA 98424	Recordkeeping	$8,172

Plan features & details

Pension benefit codes2C2F2G2J2T3D

Plan features

2C
Money purchase plan
Money purchase pension plan other than a target benefit 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 participant contribution
Participant contribution per participant is in the bottom quintile of the peer cohort.

Expense breakdown

Schedule H Part II

Admin total

$8K

$45 / participant

Other / not subdivided$8K100.0%

% of EOY assets

0.266%

all-in expense ratio

Categories reported

0 / 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: ANASTASI/MOORE/MARTIN CERTIFIED PUB
Auditor EIN: 208149084
Audit fees: (not subdivided)
Opinion code: Disclaimer

Metric

This plan

Peer set

Industry

Size

Avg account balance

$28,799

$55,449-48.1%

$83,831-65.6%

$56,289-48.8%

Participation rate

41.2%

68.0%-26.8pp

76.1%-35.0pp

69.9%-28.7pp

Annual return

-3.39%

-1.38%-2.0pp

850.99%-854.4pp

-9.96%+6.6pp

Employer contribution / active EE

$1,685

$2,430-30.7%

$3,631-53.6%

$2,111-20.2%

Participant deferral / active EE

$720

$2,935-75.5%

$4,082-82.4%

$3,350-78.5%

Admin fee / account holder

$77

$656-88.3%

$5,479-98.6%

$521-85.3%

Provider

Service type

Compensation

MASSACHUSETTS MUTUAL LIFE INS. CO.4+ years

Filed as: MASS MUTUAL LIFE INSURANCE CO

Service code 15 · EIN 04-1590850

Recordkeeping

$10,174

FARMER & BETTS4+ years

Service code 15 · EIN 94-3322438

6050 20TH STREET E · TACOMA, WA 98424

Recordkeeping

$8,172

NORTHERN MANAGEMENT SERVICES, INC. 401(K) SALARY REDUCTION PLAN & TRUST

Summary metrics

Benchmarksi

Analytics

Service providersi

Plan features & details

Opportunity flagsi

Expense breakdowni

Audit opinioni

NORTHERN MANAGEMENT SERVICES, INC. 401(K) SALARY REDUCTION PLAN & TRUST

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