Retirement plan

MITHUN, INC. PROFIT SHARING 401(K) PLAN & TRUST

Name: MITHUN, INC. - MITHUN, INC. PROFIT SHARING 401(K) PLAN & TRUST (2016) Form 5500
Creator: MITHUN, INC.
License: https://www.dol.gov/general/disclaim
Keywords: Form 5500, ERISA, retirement plan, MITHUN, INC. PROFIT SHARING 401(K) PLAN & TRUST, MITHUN, INC.

MITHUN, INC.EIN 91-1093821Plan #001PY 2016

1201 ALASKAN WAY, SUITE 200 - SEATTLE, WA 98101206-623-3344mithun.comLinkedIn51-200 employeesarchitecture & planning

Prospect flagsHigh fees

How to read this page

Total assets (EOY)

$20.1M

+12.5% from 2015

Total participants

194

-14.2% from 2015

Average account balance

$105,079

+31.9% from 2015

Annual return

8.66%

+8.49 pp from 2015

Benchmarks

See 5,032 peers

Peer group

Industry54 - Professional, Scientific, and Technical Services

Plan typeDefined contribution

Participants100-249

Cohort5,032 peers

Snapshot2016

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

Analytics

Total assets (EOY)

Plan-year ending balance

$53.07M

Not enough data

1 years with asset history on file

Average account balance

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

$171K

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.

310

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.

95.6%

Not enough data

1 years with eligibility data

Contributions (total)

Employer and participant dollars contributed each year

$2.78M

Not enough data

1 years with contributions on file

Contributions per participant

Average employer and participant contribution per enrolled participant

$14K

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

+16.49%

Not enough data

1 years with return on file

Admin fee / account holder

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

$264

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

1 years with F_SCH_H allocation on file

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

Service providers

Top 4 by compensation

Provider	Service type	Compensation
RBC WEALTH MANAGEMENT2+ years Service code 26 · EIN 41-1416330 1918 8TH AVE · SEATTLE, WA 98101	Advisory (Participants)	$36,830
TRAUTMANN MAHER & ASSOCIATES2+ years Filed as: TRAUTMANN, MAHER & ASSOC. Service code 15 · EIN 91-1526584 15130 MAIN STREET · MILL CREEK, WA 98012	Recordkeeping	$22,192
WILMINGTON TRUST2+ years Filed as: WILMINGTON TRUST CO. Service code 19 · EIN 51-0099033 2800 N CENTRAL AVE · PHOENIX, AZ 85004	Securities Custodian	$12,930
FARRELL & CO., P.S.2+ years Service code 10 12334 NORTHUP WAY · BELLEVUE, WA 98005	Accounting	$9,172

Plan features & details

Pension benefit codes2E2J2G2F2T

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.

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

$81K

$665 / participant

Investment mgmt$37K45.4%
Contract admin$13K15.9%
Other / not subdivided$31K38.7%

% of EOY assets

0.404%

all-in expense ratio

Categories reported

2 / 9

subdivided buckets used

Audit opinion

Schedule H Part III

Disclaimer opinion

Auditor declined to express an opinion - usually a 103(a)(3)(C) limited-scope election.

Auditor firm: FARRELL & CO., P.S.
Auditor EIN: 911582493
Audit fees: (not subdivided)
Opinion code: Disclaimer

Metric

This plan

Peer set

Industry

Size

Avg account balance

$105,079

$75,183+39.8%

$123,894-15.2%

$55,167+90.5%

Participation rate

97.5%

72.8%+24.7pp

81.4%+16.1pp

69.0%+28.6pp

Annual return

8.66%

19.01%-10.3pp

47.52%-38.9pp

169.23%-160.6pp

Employer contribution / active EE

$2,214

$2,823-21.6%

$4,617-52.0%

$1,963+12.8%

Participant deferral / active EE

$7,707

$5,084+51.6%

$5,984+28.8%

$3,054+152.4%

Admin fee / account holder

$425

$663-35.9%

$8,357-94.9%

$504-15.7%

Provider

Service type

Compensation

RBC WEALTH MANAGEMENT2+ years

Service code 26 · EIN 41-1416330

1918 8TH AVE · SEATTLE, WA 98101

Advisory (Participants)

$36,830

TRAUTMANN MAHER & ASSOCIATES2+ years

Filed as: TRAUTMANN, MAHER & ASSOC.

Service code 15 · EIN 91-1526584

15130 MAIN STREET · MILL CREEK, WA 98012

Recordkeeping

$22,192

WILMINGTON TRUST2+ years

Filed as: WILMINGTON TRUST CO.

Service code 19 · EIN 51-0099033

2800 N CENTRAL AVE · PHOENIX, AZ 85004

Securities Custodian

$12,930

FARRELL & CO., P.S.2+ years

Service code 10

12334 NORTHUP WAY · BELLEVUE, WA 98005

Accounting

$9,172

MITHUN, INC. PROFIT SHARING 401(K) PLAN & TRUST

Summary metrics

Benchmarksi

Analytics

Service providersi

Plan features & details

Opportunity flagsi

Expense breakdowni

Audit opinioni

MITHUN, INC. PROFIT SHARING 401(K) PLAN & 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