Retirement plan

MUSCO FAMILY OLIVE CO. 401(K) AND PROFIT SHARING PLAN

Name: MUSCO FAMILY OLIVE PRODUCTS, INC. - MUSCO FAMILY OLIVE CO. 401(K) AND PROFIT SHARING PLAN (2015) Form 5500
Creator: MUSCO FAMILY OLIVE PRODUCTS, INC.
License: https://www.dol.gov/general/disclaim
Keywords: Form 5500, ERISA, retirement plan, MUSCO FAMILY OLIVE CO. 401(K) AND PROFIT SHARING PLAN, MUSCO FAMILY OLIVE PRODUCTS, INC.

MUSCO FAMILY OLIVE PRODUCTS, INC.EIN 94-1489230Plan #001PY 2015

17950 VIA NICOLO - TRACY, CA 95377209-836-4600muscoolive.comLinkedIn1-10 employees

Prospect flagsCorrective distributions

How to read this page

Total assets (EOY)

$22.4M

No prior year

Total participants

274

No prior year

Average account balance

$84,462

No prior year

Annual return

0.58%

No prior year

Benchmarks

See 601 peers

Peer group

Industry31 - Manufacturing

Plan typeDefined contribution

Participants250-999

Cohort601 peers

Snapshot2015

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

Analytics

Total assets (EOY)

Plan-year ending balance

$55.48M

Not enough data

1 years with asset history on file

Average account balance

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

$188K

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.

295

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.

98.3%

Not enough data

1 years with eligibility data

Contributions (total)

Employer and participant dollars contributed each year

$3.49M

Not enough data

1 years with contributions on file

Contributions per participant

Average employer and participant contribution per enrolled participant

$15K

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

+15.43%

Not enough data

1 years with return on file

Admin fee / account holder

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

$376

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
MASSACHUSETTS MUTUAL LIFE INS. CO.1+ years Service code 52 · EIN 04-1590850	Indirect Investment Fees	$37,096
V WEALTH MANAGEMENT LLC1+ years Filed as: V WEALTH MANAGEMENT, LLC. Service code 27 · EIN 26-4711671	Advisory (Plan)	$8,982
MASSACHUSETTS MUTUAL LIFE INS. CO.1+ years Filed as: MASSMUTUAL RETIREMENT SERVICES, LLC Service code 15 · EIN 26-1589907	Recordkeeping	$3,292
LPL FINANCIAL1+ years Filed as: LPL FINANCIAL LLC Service code 55 · EIN 95-2834236	Other Commissions	$0
RELIANCE TRUST COMPANY1+ years Service code 19 · EIN 58-1428634	Securities Custodian	$0

Plan features & details

Pension benefit codes2E2J2F2G2K3D3H2T

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.
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

1 tripped

ComplianceCorrective distributions
Plan reported corrective distributions (failed ADP/ACP testing).

Expense breakdown

Schedule H Part II

Admin total

$40K

$162 / participant

Investment mgmt$32K78.9%
Contract admin$8K20.5%
Other / not subdivided$2500.6%

% of EOY assets

0.180%

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: K COE ISOM
Auditor EIN: 480567703
Audit fees: (not subdivided)
Opinion code: Disclaimer

Metric

This plan

Peer set

Industry

Size

Avg account balance

$84,462

$48,277+75.0%

$63,244+33.5%

$55,191+53.0%

Participation rate

96.4%

69.4%+27.0pp

71.0%+25.4pp

69.2%+27.2pp

Annual return

0.58%

2.37%-1.8pp

-70.31%+70.9pp

10.78%-10.2pp

Employer contribution / active EE

$4,113

$1,592+158.4%

$2,322+77.2%

$1,899+116.6%

Participant deferral / active EE

$4,459

$2,432+83.3%

$2,953+51.0%

$3,046+46.4%

Admin fee / account holder

$152

$86+77.3%

$5,893-97.4%

$91+67.9%

Provider

Service type

Compensation

MASSACHUSETTS MUTUAL LIFE INS. CO.1+ years

Service code 52 · EIN 04-1590850

Indirect Investment Fees

$37,096

V WEALTH MANAGEMENT LLC1+ years

Filed as: V WEALTH MANAGEMENT, LLC.

Service code 27 · EIN 26-4711671

Advisory (Plan)

$8,982

MASSACHUSETTS MUTUAL LIFE INS. CO.1+ years

Filed as: MASSMUTUAL RETIREMENT SERVICES, LLC

Service code 15 · EIN 26-1589907

Recordkeeping

$3,292

LPL FINANCIAL1+ years

Filed as: LPL FINANCIAL LLC

Service code 55 · EIN 95-2834236

Other Commissions

RELIANCE TRUST COMPANY1+ years

Service code 19 · EIN 58-1428634

Securities Custodian

MUSCO FAMILY OLIVE CO. 401(K) AND PROFIT SHARING PLAN

Summary metrics

Benchmarksi

Analytics

Service providersi

Plan features & details

Opportunity flagsi

Expense breakdowni

Audit opinioni

MUSCO FAMILY OLIVE CO. 401(K) AND PROFIT SHARING 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