Retirement plan

M&R GEOTECHNICAL SERVICES 401(K) PLAN & TRUST

Name: M&R GEOTECHNICAL SERVICES - M&R GEOTECHNICAL SERVICES 401(K) PLAN & TRUST (2024) Form 5500
Creator: M&R GEOTECHNICAL SERVICES
License: https://www.dol.gov/general/disclaim
Keywords: Form 5500, ERISA, retirement plan, M&R GEOTECHNICAL SERVICES 401(K) PLAN & TRUST, M&R GEOTECHNICAL SERVICES

M&R GEOTECHNICAL SERVICESEIN 83-1555720Plan #001PY 2024

3717 BOSTON STREET, SUITE 327 - BALTIMORE, MD 21224443-627-8969

Prospect flagsLow participation

How to read this page

Total assets (EOY)

$200K

+77.4% from 2023

Total participants

0.0% from 2023

Average account balance

$66,552

+77.4% from 2023

Annual return

11.10%

-10.70 pp from 2023

Benchmarks

See 143,561 peers

Peer group

Industry54 - Professional, Scientific, and Technical Services

Plan typeDefined contribution

Participants<25

Cohort143,561 peers

Snapshot2024

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

Analytics

Total assets (EOY)

Plan-year ending balance

$200K

Not enough data

1 years with asset history on file

Average account balance

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

$67K

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.

30.0%

Not enough data

1 years with eligibility data

Contributions (total)

Employer and participant dollars contributed each year

$75K

Not enough data

1 years with contributions on file

Contributions per participant

Average employer and participant contribution per enrolled participant

$7K

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

+11.10%

Not enough data

1 years with return on file

Admin fee / account holder

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

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 codes2E2G2J2T3D

Plan features

2E
Profit-sharing
Profit-sharing plan.
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

1 tripped

OpportunityLow participation
Participation rate is below 70% (account-balance holders / active employees) - enrollment or auto-enroll opportunity.

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

$66,552

$160,028-58.4%

$147,080-54.8%

$145,884-54.4%

Participation rate

30.0%

84.0%-54.0pp

82.2%-52.2pp

80.3%-50.3pp

Annual return

11.10%

98.60%-87.5pp

420.17%-409.1pp

551.85%-540.7pp

Employer contribution / active EE

$2,327

$5,286-56.0%

$4,933-52.8%

$4,662-50.1%

Participant deferral / active EE

$5,134

$8,422-39.0%

$8,066-36.4%

$6,690-23.3%

Admin fee / account holder

$15,030-100.0%

$12,989-100.0%

$13,392-100.0%

M&R GEOTECHNICAL SERVICES 401(K) PLAN & TRUST

Summary metrics

Benchmarksi

Analytics

Service providersi

Plan features & details

Opportunity flagsi

Audit opinioni

M&R GEOTECHNICAL SERVICES 401(K) PLAN & TRUST

Summary metrics

Benchmarksi

Analytics

Service providersi

Plan features & details

Opportunity flagsi

Audit opinioni

Benchmarks

Service providers

Opportunity flags

Audit opinion

Benchmarks

Service providers

Opportunity flags

Audit opinion