Retirement plan

MENZIES FAMILY LLC DBA MENZIES FINANCIAL RETIREMENT PLAN

Name: MENZIES FAMILY LLC DBA MENZIES FINANCIAL - MENZIES FAMILY LLC DBA MENZIES FINANCIAL RETIREMENT PLAN (2021) Form 5500
Creator: MENZIES FAMILY LLC DBA MENZIES FINANCIAL
License: https://www.dol.gov/general/disclaim
Keywords: Form 5500, ERISA, retirement plan, MENZIES FAMILY LLC DBA MENZIES FINANCIAL RETIREMENT PLAN, MENZIES FAMILY LLC DBA MENZIES FINANCIAL

MENZIES FAMILY LLC DBA MENZIES FINANCIALEIN 84-2226243Plan #001PY 2021

9715 271ST ST. NW - STANWOOD, WA 98292360-629-6289

Prospect flagsHigh fees

How to read this page

Total assets (EOY)

$199K

+43.5% from 2020

Total participants

0.0% from 2020

Average account balance

$66,422

+43.5% from 2020

Annual return

16.52%

-3.87 pp from 2020

Benchmarks

See 33,473 peers

Peer group

Industry52 - Finance and Insurance

Plan typeDefined contribution

Participants<25

Cohort33,473 peers

Snapshot2021

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

Analytics

Total assets (EOY)

Plan-year ending balance

$460K

Not enough data

1 years with asset history on file

Average account balance

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

$115K

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.

100.0%

Not enough data

1 years with eligibility data

Contributions (total)

Employer and participant dollars contributed each year

$44K

Not enough data

1 years with contributions on file

Contributions per participant

Average employer and participant contribution per enrolled participant

$11K

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

+17.56%

Not enough data

1 years with return on file

Admin fee / account holder

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

$479

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 codes2E2J3D

Plan features

2E
Profit-sharing
Profit-sharing plan.
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

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

$2K

$714 / participant

Other / not subdivided$2K100.0%

% of EOY assets

1.074%

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

$66,422

$209,847-68.3%

$189,520-65.0%

$167,518-60.3%

Participation rate

100.0%

88.7%+11.3pp

87.8%+12.2pp

82.1%+17.9pp

Annual return

16.52%

748.45%-731.9pp

555.25%-538.7pp

478.71%-462.2pp

Employer contribution / active EE

$3,688

$6,913-46.6%

$6,161-40.1%

$4,838-23.8%

Participant deferral / active EE

$9,371

$8,934+4.9%

$8,220+14.0%

$6,342+47.8%

Admin fee / account holder

$714

$14,295-95.0%

$12,046-94.1%

$12,312-94.2%

MENZIES FAMILY LLC DBA MENZIES FINANCIAL RETIREMENT PLAN

Summary metrics

Benchmarksi

Analytics

Service providersi

Plan features & details

Opportunity flagsi

Expense breakdowni

Audit opinioni

MENZIES FAMILY LLC DBA MENZIES FINANCIAL RETIREMENT 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