Retirement plan

MCFARLAND MACHINE AND ENGINEERING , LLC 401K PROFIT SHARING PLAN

Name: MCFARLAND MACHINE AND ENGINEERING, LLC - MCFARLAND MACHINE AND ENGINEERING , LLC 401K PROFIT SHARING PLAN (2015) Form 5500
Creator: MCFARLAND MACHINE AND ENGINEERING, LLC
License: https://www.dol.gov/general/disclaim
Keywords: Form 5500, ERISA, retirement plan, MCFARLAND MACHINE AND ENGINEERING , LLC 401K PROFIT SHARING PLAN, MCFARLAND MACHINE AND ENGINEERING, LLC

MCFARLAND MACHINE AND ENGINEERING, LLCEIN 86-1015631Plan #001PY 2015

227 WEST VAUGHN STREET - TEMPE, AZ 85283480-966-1388mcfarlandmachine.comLinkedIn11-50 employees

Prospect flagsLow assets / participantLow fidelity bond

How to read this page

Total assets (EOY)

$204K

No prior year

Total participants

No prior year

Average account balance

$13,617

No prior year

Annual return

-3.03%

No prior year

Benchmarks

See 18,068 peers

Peer group

Industry33 - Manufacturing

Plan typeDefined contribution

Participants<25

Cohort18,068 peers

Snapshot2015

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

Analytics

Total assets (EOY)

Plan-year ending balance

$1.52M

Not enough data

1 years with asset history on file

Average account balance

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

$72K

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

$139K

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

+16.31%

Not enough data

1 years with return on file

Admin fee / account holder

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

$2328

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 codes2E2J2H3D

Plan features

2E
Profit-sharing
Profit-sharing plan.
2H
Partial participant-directed account plan
Participants have the opportunity to direct the investment of a portion 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.
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 assets / participant
Assets per participant are in the bottom quintile of the peer cohort - savings-rate / match opportunity.
ComplianceLow fidelity bond
Fidelity bond coverage is below the ERISA section 412 10%-of-assets minimum (capped at $500,000).

Expense breakdown

Schedule H Part II

Admin total

$2K

$147 / participant

Other / not subdivided$2K100.0%

% of EOY assets

1.006%

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

$13,617

$78,694-82.7%

$67,652-79.9%

$125,389-89.1%

Participation rate

85.7%

78.8%+6.9pp

75.7%+10.0pp

83.2%+2.5pp

Annual return

-3.03%

9.46%-12.5pp

6625.40%-6628.4pp

282.24%-285.3pp

Employer contribution / active EE

$1,040

$3,044-65.8%

$2,266-54.1%

$4,866-78.6%

Participant deferral / active EE

$4,419

$4,292+3.0%

$3,560+24.1%

$5,352-17.4%

Admin fee / account holder

$137

$7,403-98.1%

$4,821-97.2%

$9,541-98.6%

MCFARLAND MACHINE AND ENGINEERING , LLC 401K PROFIT SHARING PLAN

Summary metrics

Benchmarksi

Analytics

Service providersi

Plan features & details

Opportunity flagsi

Expense breakdowni

Audit opinioni

MCFARLAND MACHINE AND ENGINEERING , LLC 401K 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