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 (2018) 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 2018

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

Prospect flagsHigh fees

How to read this page

Total assets (EOY)

$486K

+6.7% from 2017

Total participants

+5.3% from 2017

Average account balance

$28,604

+13.0% from 2017

Annual return

-8.42%

-31.66 pp from 2017

Benchmarks

See 21,281 peers

Peer group

Industry33 - Manufacturing

Plan typeDefined contribution

Participants<25

Cohort21,281 peers

Snapshot2018

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

Analytics

Total assets (EOY)

Plan-year ending balance

$1.98M

Not enough data

1 years with asset history on file

Average account balance

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

$79K

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.

92.6%

Not enough data

1 years with eligibility data

Contributions (total)

Employer and participant dollars contributed each year

$153K

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

+19.94%

Not enough data

1 years with return on file

Admin fee / account holder

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

$355

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

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

$19K

$1282 / participant

Other / not subdivided$19K100.0%

% of EOY assets

3.954%

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

$28,604

$92,219-69.0%

$76,768-62.7%

$135,379-78.9%

Participation rate

80.0%

79.8%+0.2pp

77.0%+3.0pp

82.6%-2.6pp

Annual return

-8.42%

5.46%-13.9pp

2.43%-10.8pp

519.79%-528.2pp

Employer contribution / active EE

$1,348

$3,216-58.1%

$2,485-45.8%

$4,779-71.8%

Participant deferral / active EE

$4,512

$4,508+0.1%

$3,852+17.2%

$5,609-19.6%

Admin fee / account holder

$1,131

$10,749-89.5%

$6,675-83.1%

$10,828-89.6%

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