Retirement plan

MILLER PAINT 401(K) SAVINGS PLAN

Name: MILLER PAINT CO. - MILLER PAINT 401(K) SAVINGS PLAN (2015) Form 5500
Creator: MILLER PAINT CO.
License: https://www.dol.gov/general/disclaim
Keywords: Form 5500, ERISA, retirement plan, MILLER PAINT 401(K) SAVINGS PLAN, MILLER PAINT CO.

MILLER PAINT CO.EIN 93-0341643Plan #001PY 2015

12812 NE WHITAKER WAY - PORTLAND, OR 97230503-255-0190millerpaint.comLinkedIn201-500 employeesretail

Other plans on this EIN

1 filing

#002Retirement-$6.6M assets

Prospect flagsLow participationCorrective distributions

How to read this page

Total assets (EOY)

$8.1M

No prior year

Total participants

391

No prior year

Average account balance

$40,081

No prior year

Annual return

-1.52%

No prior year

Benchmarks

See 1,098 peers

Peer group

Industry44 - Retail Trade

Plan typeDefined contribution

Participants250-999

Cohort1,098 peers

Snapshot2015

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

Analytics

Total assets (EOY)

Plan-year ending balance

$16.58M

Not enough data

1 years with asset history on file

Average account balance

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

$44K

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.

378

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.

Not enough data

0 years with eligibility data

Contributions (total)

Employer and participant dollars contributed each year

$1.70M

Not enough data

1 years with contributions on file

Contributions per participant

Average employer and participant contribution per enrolled participant

Not enough data

0 years with per-participant contribution data

Asset flow

BOY + contributions + return - distributions = EOY

Year

Annual return

Diverging bars; negative years highlighted

+11.15%

Not enough data

1 years with return on file

Admin fee / account holder

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

$53

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
RAYMOND JAMES FINANCIAL SERVICES1+ years Filed as: RAYMOND JAMES FINANCIAL SERVICES AD Service code 27 880 CARILLON PARKWAY · ST PETERSBERG, FL 33716	Advisory (Plan)	$19,942
PENSION PLAN SPECIALISTS, PC1+ years Service code 13	Contract Administrator	$7,976
GREAT-WEST LIFE & ANNUITY INSURANCE1+ years Filed as: GREAT-WEST LIFE & ANNUITY COMPANY Service code 64 8515 EAST ORCHARD ROAD · GREENWOOD VILLAGE, CO 80111	Recordkeeping Fees	$2,692
PENSION PLAN SPECIALISTS, PC1+ years Filed as: PENSION PLAN SPECIALISTS Service code 13 805 BROADWAY SUITE 600 · VANCOUVER, WA 98660	Contract Administrator	$0

Plan features & details

Pension benefit codes2E2F2G2J2K3D2T

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.
2K
Code section 401(m) arrangement
Employee contributions are allocated to separate accounts under the plan or employer contributions are based in whole or in part on employee deferrals or contributions to the plan. Not applicable to 401(k) plans with only QNECs and/or QMACs or to 403(b)(1) 403(b)(7) or 408 arrangements.
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.

Opportunity flags

2 tripped

OpportunityLow participation
Participation rate is below 70% (account-balance holders / active employees) - enrollment or auto-enroll opportunity.
ComplianceCorrective distributions
Plan reported corrective distributions (failed ADP/ACP testing).

Expense breakdown

Schedule H Part II

Admin total

$4K

$10 / participant

Contract admin$2K43.7%
Other / not subdivided$2K56.3%

% of EOY assets

0.043%

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: PERKINS & COMPANY
Auditor EIN: 930928924
Audit fees: (not subdivided)
Opinion code: Disclaimer

Metric

This plan

Peer set

Industry

Size

Avg account balance

$40,081

$33,745+18.8%

$64,105-37.5%

$55,191-27.4%

Participation rate

46.4%

59.4%-12.9pp

68.2%-21.7pp

69.2%-22.7pp

Annual return

-1.52%

4.95%-6.5pp

791.24%-792.8pp

10.78%-12.3pp

Employer contribution / active EE

$641-100.0%

$1,820-100.0%

$1,899-100.0%

Participant deferral / active EE

$2,066

$1,929+7.1%

$2,822-26.8%

$3,046-32.2%

Admin fee / account holder

$17

$94-81.6%

$4,499-99.6%

$91-80.9%

Provider

Service type

Compensation

RAYMOND JAMES FINANCIAL SERVICES1+ years

Filed as: RAYMOND JAMES FINANCIAL SERVICES AD

Service code 27

880 CARILLON PARKWAY · ST PETERSBERG, FL 33716

Advisory (Plan)

$19,942

PENSION PLAN SPECIALISTS, PC1+ years

Service code 13

Contract Administrator

$7,976

GREAT-WEST LIFE & ANNUITY INSURANCE1+ years

Filed as: GREAT-WEST LIFE & ANNUITY COMPANY

Service code 64

8515 EAST ORCHARD ROAD · GREENWOOD VILLAGE, CO 80111

Recordkeeping Fees

$2,692

PENSION PLAN SPECIALISTS, PC1+ years

Filed as: PENSION PLAN SPECIALISTS

Service code 13

805 BROADWAY SUITE 600 · VANCOUVER, WA 98660

Contract Administrator

MILLER PAINT 401(K) SAVINGS PLAN

Summary metrics

Benchmarksi

Analytics

Service providersi

Plan features & details

Opportunity flagsi

Expense breakdowni

Audit opinioni

MILLER PAINT 401(K) SAVINGS 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