Retirement plan

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

Name: MITHUN, INC. - MITHUN, INC. PROFIT SHARING 401(K) PLAN & TRUST (2017) 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 2017

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)

$25.4M

+26.8% from 2016

Total participants

215

+10.8% from 2016

Average account balance

$120,602

+14.8% from 2016

Annual return

18.58%

+9.92 pp from 2016

Benchmarks

See 5,160 peers

Peer group

Industry54 - Professional, Scientific, and Technical Services

Plan typeDefined contribution

Participants100-249

Cohort5,160 peers

Snapshot2017

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 MANAGEMENT3+ years Service code 26 · EIN 41-1416330 1918 8TH AVE · SEATTLE, WA 98101	Advisory (Participants)	$42,496
TRAUTMANN MAHER & ASSOCIATES3+ years Filed as: TRAUTMANN, MAHER & ASSOC. Service code 15 · EIN 91-1526584 15130 MAIN STREET · MILL CREEK, WA 98012	Recordkeeping	$22,280
WILMINGTON TRUST3+ years Filed as: WILMINGTON TRUST CO. Service code 19 · EIN 51-0099033 2800 N CENTRAL AVE · PHOENIX, AZ 85004	Securities Custodian	$11,849
FARRELL & CO., P.S.3+ years Service code 10 12334 NORTHUP WAY · BELLEVUE, WA 98005	Accounting	$7,201

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

$84K

$590 / participant

Other / not subdivided$84K100.0%

% of EOY assets

0.329%

all-in expense ratio

Categories reported

0 / 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

$120,602

$80,753+49.3%

$136,297-11.5%

$62,293+93.6%

Participation rate

97.2%

73.5%+23.6pp

81.9%+15.3pp

69.5%+27.7pp

Annual return

18.58%

35.83%-17.3pp

5156.19%-5137.6pp

28.90%-10.3pp

Employer contribution / active EE

$9,202

$2,884+219.1%

$4,696+96.0%

$2,042+350.6%

Participant deferral / active EE

$7,371

$5,164+42.7%

$6,247+18.0%

$3,169+132.6%

Admin fee / account holder

$397

$525-24.4%

$9,244-95.7%

$479-17.1%

Provider

Service type

Compensation

RBC WEALTH MANAGEMENT3+ years

Service code 26 · EIN 41-1416330

1918 8TH AVE · SEATTLE, WA 98101

Advisory (Participants)

$42,496

TRAUTMANN MAHER & ASSOCIATES3+ years

Filed as: TRAUTMANN, MAHER & ASSOC.

Service code 15 · EIN 91-1526584

15130 MAIN STREET · MILL CREEK, WA 98012

Recordkeeping

$22,280

WILMINGTON TRUST3+ years

Filed as: WILMINGTON TRUST CO.

Service code 19 · EIN 51-0099033

2800 N CENTRAL AVE · PHOENIX, AZ 85004

Securities Custodian

$11,849

FARRELL & CO., P.S.3+ years

Service code 10

12334 NORTHUP WAY · BELLEVUE, WA 98005

Accounting

$7,201

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