Retirement plan

MILLER HANSEN & TORPHY, INC. PROFIT SHARING 401K TRUST

Name: MILLER HANSEN & TORPHY, INC. - MILLER HANSEN & TORPHY, INC. PROFIT SHARING 401K TRUST (2019) Form 5500
Creator: MILLER HANSEN & TORPHY, INC.
License: https://www.dol.gov/general/disclaim
Keywords: Form 5500, ERISA, retirement plan, MILLER HANSEN & TORPHY, INC. PROFIT SHARING 401K TRUST, MILLER HANSEN & TORPHY, INC.

MILLER HANSEN & TORPHY, INC.dba MHT INSURANCEEIN 91-0823036Plan #001PY 2019

1904 3RD AVE STE 741 - SEATTLE, WA 981011126206-622-5505LinkedIn11-50 employeesinsurance

Prospect flagsNo flags tripped

How to read this page

Total assets (EOY)

$1.4M

+24.0% from 2018

Total participants

-33.3% from 2018

Average account balance

-100.0% from 2018

Annual return

23.33%

+39.24 pp from 2018

Benchmarks

See 31,989 peers

Peer group

Industry52 - Finance and Insurance

Plan typeDefined contribution

Participants<25

Cohort31,989 peers

Snapshot2019

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

Analytics

Total assets (EOY)

Plan-year ending balance

$1.60M

Not enough data

1 years with asset history on file

Average account balance

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

$266K

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

$37K

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

+18.84%

Not enough data

1 years with return on file

Admin fee / account holder

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

$447

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 codes2E2J2H3E

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.
3E
One-participant plan combining with another plan
A one-participant plan that satisfies minimum coverage requirements of section 410(b) only when combined with another plan of the employer.

Opportunity flags

0 tripped

No flags tripped for this filing year. This plan looks clean.

Expense breakdown

Schedule H Part II

Admin total

$35K

$8628 / participant

Other / not subdivided$35K100.0%

% of EOY assets

2.404%

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

$184,000-100.0%

$162,185-100.0%

$152,909-100.0%

Participation rate

0.0%

88.5%-88.5pp

87.6%-87.6pp

82.5%-82.5pp

Annual return

23.33%

150.80%-127.5pp

115.61%-92.3pp

345.46%-322.1pp

Employer contribution / active EE

$1,978

$6,370-69.0%

$5,613-64.8%

$4,764-58.5%

Participant deferral / active EE

$8,086

$8,033+0.7%

$7,297+10.8%

$5,851+38.2%

Admin fee / account holder

$13,124-100.0%

$10,844-100.0%

$11,601-100.0%

MILLER HANSEN & TORPHY, INC. PROFIT SHARING 401K TRUST

Summary metrics

Benchmarksi

Analytics

Service providersi

Plan features & details

Opportunity flagsi

Expense breakdowni

Audit opinioni

MILLER HANSEN & TORPHY, INC. PROFIT SHARING 401K 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