Retirement plan

MATANUSKA TELEPHONE ASSOCIATION, INC. DEFINED CONTRIBUTION AND 401(K) PLAN

Name: MATANUSKA TELEPHONE ASSOCIATION, INC. - MATANUSKA TELEPHONE ASSOCIATION, INC. DEFINED CONTRIBUTION AND 401(K) PLAN (2015) Form 5500
Creator: MATANUSKA TELEPHONE ASSOCIATION, INC.
License: https://www.dol.gov/general/disclaim
Keywords: Form 5500, ERISA, retirement plan, MATANUSKA TELEPHONE ASSOCIATION, INC. DEFINED CONTRIBUTION AND 401(K) PLAN, MATANUSKA TELEPHONE ASSOCIATION, INC.

MATANUSKA TELEPHONE ASSOCIATION, INC.EIN 92-0020417Plan #002PY 2015

1740 SOUTH CHUGACH STREET - PALMER, AK 99645907-745-3211mea.coopLinkedIn201-500 employeesutilities

Other plans on this EIN

1 filing

#001Retirement-$51.4M assets

Prospect flagsNo flags tripped

How to read this page

Total assets (EOY)

$28.5M

No prior year

Total participants

260

No prior year

Average account balance

$130,520

No prior year

Annual return

0.94%

No prior year

Benchmarks

See 825 peers

Peer group

Industry51 - Information

Plan typeDefined contribution

Participants100-249

Cohort825 peers

Snapshot2015

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

Analytics

Total assets (EOY)

Plan-year ending balance

$57.02M

Not enough data

1 years with asset history on file

Average account balance

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

$181K

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.

315

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.

85.7%

Not enough data

1 years with eligibility data

Contributions (total)

Employer and participant dollars contributed each year

$4.40M

Not enough data

1 years with contributions on file

Contributions per participant

Average employer and participant contribution per enrolled participant

$16K

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

+13.50%

Not enough data

1 years with return on file

Admin fee / account holder

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

$689

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 5 by compensation

Provider	Service type	Compensation
MOSS ADAMS LLP1+ years Filed as: MOSS ADAMS, LLP Service code 28 · EIN 91-0189318	Investment Management	$28,507
MOSS ADAMS LLP1+ years Filed as: MOSS ADAMS WEALTH ADVISORS, LLC Service code 28 · EIN 91-1870849	Investment Management	$8,907
CHARLES SCHWAB & CO., INC.1+ years Filed as: CHARLES SCHWAB & CO. INC AND AFFILI Service code 59	Shareholder Servicing	$0
CHARLES SCHWAB & CO., INC.1+ years Service code 59 · EIN 94-1737782	Shareholder Servicing	$0
CHARLES SCHWAB & CO., INC.1+ years Filed as: CHARLES SCHWAB BANK Service code 25 · EIN 42-1558009	Directed Trustee	$0

Plan features & details

Pension benefit codes2E2F2G2J2T3D3F3H

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.
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.
3F
Leased employees
Plan sponsor(s) received services of leased employees as defined in Code section 414(n) during the plan year.
3H
Controlled group member
Plan sponsor(s) is (are) a member(s) of a controlled group (Code sections 414(b) (c) or (m)).

Opportunity flags

0 tripped

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

Expense breakdown

Schedule H Part II

Admin total

$37K

$172 / participant

Investment mgmt$37K100.0%

% of EOY assets

0.131%

all-in expense ratio

Categories reported

1 / 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: BDO USA, LLP
Auditor EIN: 135381590
Audit fees: (not subdivided)
Opinion code: Disclaimer

Metric

This plan

Peer set

Industry

Size

Avg account balance

$130,520

$48,313+170.2%

$73,309+78.0%

$52,331+149.4%

Participation rate

80.6%

68.6%+12.1pp

74.9%+5.7pp

68.1%+12.5pp

Annual return

0.94%

3.85%-2.9pp

5.67%-4.7pp

4.54%-3.6pp

Employer contribution / active EE

$4,320

$1,661+160.1%

$3,237+33.4%

$1,882+129.6%

Participant deferral / active EE

$5,077

$4,189+21.2%

$4,991+1.7%

$3,022+68.0%

Admin fee / account holder

$172

$404-57.5%

$5,635-97.0%

$592-71.0%

Provider

Service type

Compensation

MOSS ADAMS LLP1+ years

Filed as: MOSS ADAMS, LLP

Service code 28 · EIN 91-0189318

Investment Management

$28,507

MOSS ADAMS LLP1+ years

Filed as: MOSS ADAMS WEALTH ADVISORS, LLC

Service code 28 · EIN 91-1870849

Investment Management

$8,907

CHARLES SCHWAB & CO., INC.1+ years

Filed as: CHARLES SCHWAB & CO. INC AND AFFILI

Service code 59

Shareholder Servicing

CHARLES SCHWAB & CO., INC.1+ years

Service code 59 · EIN 94-1737782

Shareholder Servicing

CHARLES SCHWAB & CO., INC.1+ years

Filed as: CHARLES SCHWAB BANK

Service code 25 · EIN 42-1558009

Directed Trustee

MATANUSKA TELEPHONE ASSOCIATION, INC. DEFINED CONTRIBUTION AND 401(K) PLAN

Summary metrics

Benchmarksi

Analytics

Service providersi

Plan features & details

Opportunity flagsi

Expense breakdowni

Audit opinioni

MATANUSKA TELEPHONE ASSOCIATION, INC. DEFINED CONTRIBUTION AND 401(K) 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