Retirement plan

MOLDED DIMENSIONS, LLC 401(K) SALARY REDUCTION PLAN & TRUST

Name: MOLDED DIMENSIONS, LLC - MOLDED DIMENSIONS, LLC 401(K) SALARY REDUCTION PLAN & TRUST (2022) Form 5500
Creator: MOLDED DIMENSIONS, LLC
License: https://www.dol.gov/general/disclaim
Keywords: Form 5500, ERISA, retirement plan, MOLDED DIMENSIONS, LLC 401(K) SALARY REDUCTION PLAN & TRUST, MOLDED DIMENSIONS, LLC

MOLDED DIMENSIONS, LLCEIN 83-1597330Plan #001PY 2022

701 SUNSET ROAD - PORT WASHINGTON, WI 53074262-284-9455moldeddimensions.comLinkedIn51-200 employeesautomotive

Prospect flagsHigh fees

How to read this page

Total assets (EOY)

$11.1M

-1.9% from 2020

Total participants

131

+13.9% from 2020

Average account balance

$87,678

-15.1% from 2020

Annual return

-12.74%

-25.83 pp from 2020

Benchmarks

See 1,871 peers

Peer group

Industry32 - Manufacturing

Plan typeDefined contribution

Participants100-249

Cohort1,871 peers

Snapshot2022

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

Analytics

Total assets (EOY)

Plan-year ending balance

$15.41M

Not enough data

1 years with asset history on file

Average account balance

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

$73K

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.

210

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.

72.9%

Not enough data

1 years with eligibility data

Contributions (total)

Employer and participant dollars contributed each year

$1.34M

Not enough data

1 years with contributions on file

Contributions per participant

Average employer and participant contribution per enrolled participant

$6K

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

+11.43%

Not enough data

1 years with return on file

Admin fee / account holder

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

$305

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

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

Service providers

Top 2 by compensation

Provider	Service type	Compensation
SPECTRUM INVESTMENT ADVISORS1 year Service code 26 6329 W. MEQUON ROAD · MEQUON, WI 53092	Advisory (Participants)	$41,915
NEWPORT GROUP, INC.1 year Service code 12 · EIN 27-2037969	Recordkeeping and information managem...	$5,261

Plan features & details

Pension benefit codes2E2F2G2J2S2T3B3D3H

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.
2S
Automatic enrollment
Plan provides for automatic enrollment in plan that has elective contributions deducted from payroll.
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.
3B
Plan covering self-employed individuals
Plan covering self-employed individuals.
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.
3H
Controlled group member
Plan sponsor(s) is (are) a member(s) of a controlled group (Code sections 414(b) (c) or (m)).

Opportunity flags

1 tripped

OpportunityHigh fees
Administrative expenses exceed $300 per participant per year - possible fee-review opportunity. (Recordkeeping / audit / legal; excludes investment management.)

Expense breakdown

Schedule H Part II

Admin total

$47K

$449 / participant

Investment mgmt$42K88.8%
Contract admin$5K11.2%

% of EOY assets

0.424%

all-in expense ratio

Categories reported

2 / 9

subdivided buckets used

Audit opinion

Schedule H Part III

Unqualified opinion

Auditor signed off without reservation - the cleanest possible opinion.

Auditor firm: VRAKAS S.C.
Auditor EIN: 391453055
Audit fees: (not subdivided)
Opinion code: Unqualified

Metric

This plan

Peer set

Industry

Size

Avg account balance

$87,678

$72,639+20.7%

$90,766-3.4%

$66,949+31.0%

Participation rate

96.2%

73.7%+22.5pp

75.7%+20.5pp

69.8%+26.4pp

Annual return

-12.74%

-12.28%-0.5pp

-12.16%-0.6pp

1.57%-14.3pp

Employer contribution / active EE

$3,229

$2,369+36.3%

$2,922+10.5%

$2,545+26.9%

Participant deferral / active EE

$5,074

$3,979+27.5%

$4,565+11.2%

$4,239+19.7%

Admin fee / account holder

$371

$708-47.5%

$8,446-95.6%

$594-37.4%

Provider

Service type

Compensation

SPECTRUM INVESTMENT ADVISORS1 year

Service code 26

6329 W. MEQUON ROAD · MEQUON, WI 53092

Advisory (Participants)

$41,915

NEWPORT GROUP, INC.1 year

Service code 12 · EIN 27-2037969

Recordkeeping and information managem...

$5,261

MOLDED DIMENSIONS, LLC 401(K) SALARY REDUCTION PLAN & TRUST

Summary metrics

Benchmarksi

Analytics

Service providersi

Plan features & details

Opportunity flagsi

Expense breakdowni

Audit opinioni

MOLDED DIMENSIONS, LLC 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