Retirement plan

EMPLOYEE BENEFIT PLAN OF MARINE EXCHANGE OF ALASKA, INC.

Name: MARINE EXCHANGE OF ALASKA, INC. - EMPLOYEE BENEFIT PLAN OF MARINE EXCHANGE OF ALASKA, INC. (2021) Form 5500
Creator: MARINE EXCHANGE OF ALASKA, INC.
License: https://www.dol.gov/general/disclaim
Keywords: Form 5500, ERISA, retirement plan, EMPLOYEE BENEFIT PLAN OF MARINE EXCHANGE OF ALASKA, INC., MARINE EXCHANGE OF ALASKA, INC.

MARINE EXCHANGE OF ALASKA, INC.EIN 92-0173630Plan #001PY 2021

1050 HARBOR WAY - JUNEAU, AK 998011542907-463-2607mxak.orgLinkedIn11-50 employeesmaritime

Prospect flagsNo flags tripped

How to read this page

Total assets (EOY)

$2.9M

+44.8% from 2020

Total participants

+10.0% from 2020

Average account balance

$86,931

+31.7% from 2020

Annual return

18.53%

+0.42 pp from 2020

Benchmarks

See 7,537 peers

Peer group

Industry48 - Transportation and Warehousing

Plan typeDefined contribution

Participants<25

Cohort7,537 peers

Snapshot2021

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

Analytics

Total assets (EOY)

Plan-year ending balance

$6.93M

Not enough data

1 years with asset history on file

Average account balance

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

$147K

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.

151.6%

Not enough data

1 years with eligibility data

Contributions (total)

Employer and participant dollars contributed each year

$803K

Not enough data

1 years with contributions on file

Contributions per participant

Average employer and participant contribution per enrolled participant

$26K

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

+16.06%

Not enough data

1 years with return on file

Admin fee / account holder

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

$784

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 codes2F2G2S2T

Plan features

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.
2S
Automatic enrollment
Plan provides for automatic enrollment in plan that has elective contributions deducted from payroll.
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

0 tripped

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

Expense breakdown

Schedule H Part II

Admin total

$216

$9 / participant

Other / not subdivided$216100.0%

% of EOY assets

0.008%

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

$86,931

$104,694-17.0%

$85,709+1.4%

$167,536-48.1%

Participation rate

100.0%

76.4%+23.6pp

69.9%+30.1pp

82.1%+17.9pp

Annual return

18.53%

21.45%-2.9pp

21.49%-3.0pp

478.82%-460.3pp

Employer contribution / active EE

$12,245

$3,337+266.9%

$2,619+367.6%

$4,839+153.1%

Participant deferral / active EE

$9,464

$4,826+96.1%

$3,924+141.2%

$6,342+49.2%

Admin fee / account holder

$10,035-99.9%

$6,876-99.9%

$12,315-99.9%

EMPLOYEE BENEFIT PLAN OF MARINE EXCHANGE OF ALASKA, INC.

Summary metrics

Benchmarksi

Analytics

Service providersi

Plan features & details

Opportunity flagsi

Expense breakdowni

Audit opinioni

EMPLOYEE BENEFIT PLAN OF MARINE EXCHANGE OF ALASKA, INC.

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