Retirement plan

MARTIN, WHITE & GRIFFIS STRUCTURAL ENGINEERS, INC. PROFIT SHARING PLAN

Name: MARTIN, WHITE & GRIFFIS STRUCTURAL ENGINEERS,INC - MARTIN, WHITE & GRIFFIS STRUCTURAL ENGINEERS, INC. PROFIT SHARING PLAN (2019) Form 5500
Creator: MARTIN, WHITE & GRIFFIS STRUCTURAL ENGINEERS,INC
License: https://www.dol.gov/general/disclaim
Keywords: Form 5500, ERISA, retirement plan, MARTIN, WHITE & GRIFFIS STRUCTURAL ENGINEERS, INC. PROFIT SHARING PLAN, MARTIN, WHITE & GRIFFIS STRUCTURAL ENGINEERS,INC

MARTIN, WHITE & GRIFFIS STRUCTURAL ENGINEERS,INCEIN 86-0410745Plan #001PY 2019

3501 EAST SPEEDWAY BOULEVARD, SUITE 225 - TUCSON, AZ 85716520-327-9491mwgstructural.comLinkedIn11-50 employeesconstruction

Prospect flagsHigh feesHigh assets / participant

How to read this page

Total assets (EOY)

$4.6M

+27.0% from 2018

Total participants

0.0% from 2018

Average account balance

$350,712

+17.2% from 2018

Annual return

23.08%

+27.84 pp from 2018

Benchmarks

See 119,339 peers

Peer group

Industry54 - Professional, Scientific, and Technical Services

Plan typeDefined contribution

Participants<25

Cohort119,339 peers

Snapshot2019

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

Analytics

Total assets (EOY)

Plan-year ending balance

$7.13M

Not enough data

1 years with asset history on file

Average account balance

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

$396K

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.

128.6%

Not enough data

1 years with eligibility data

Contributions (total)

Employer and participant dollars contributed each year

$147K

Not enough data

1 years with contributions on file

Contributions per participant

Average employer and participant contribution per enrolled participant

$10K

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

+15.76%

Not enough data

1 years with return on file

Admin fee / account holder

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

$25444

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 codes2E2F2G2J2T3D

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.
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

OpportunityHigh fees
Administrative expenses exceed $300 per participant per year - possible fee-review opportunity. (Recordkeeping / audit / legal; excludes investment management.)
InformationalHigh assets / participant
Assets per participant exceed $250,000 - top-decile high-value plan.

Expense breakdown

Schedule H Part II

Admin total

$37K

$2459 / participant

Other / not subdivided$37K100.0%

% of EOY assets

0.809%

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

$350,712

$157,296+123.0%

$141,191+148.4%

$152,897+129.4%

Participation rate

73.3%

84.8%-11.5pp

82.5%-9.1pp

Annual return

23.08%

64.34%-41.3pp

71.41%-48.3pp

345.43%-322.3pp

Employer contribution / active EE

$3,333

$5,262-36.7%

$4,736-29.6%

$4,764-30.0%

Participant deferral / active EE

$8,060

$7,111+13.4%

$6,710+20.1%

$5,851+37.8%

Admin fee / account holder

$2,837

$12,125-76.6%

$10,264-72.4%

$11,599-75.5%

MARTIN, WHITE & GRIFFIS STRUCTURAL ENGINEERS, INC. PROFIT SHARING PLAN

Summary metrics

Benchmarksi

Analytics

Service providersi

Plan features & details

Opportunity flagsi

Expense breakdowni

Audit opinioni

MARTIN, WHITE & GRIFFIS STRUCTURAL ENGINEERS, INC. PROFIT SHARING 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