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 (2018) 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 2018

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

Prospect flagsHigh fees

How to read this page

Total assets (EOY)

$29.6M

-2.0% from 2017

Total participants

280

-1.8% from 2017

Average account balance

$109,379

-0.5% from 2017

Annual return

-4.15%

-19.26 pp from 2017

Benchmarks

See 953 peers

Peer group

Industry31 - Manufacturing

Plan typeDefined contribution

Participants100-249

Cohort953 peers

Snapshot2018

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

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Service providers

Top 10 of 14 by compensation

Provider	Service type	Compensation
MASSACHUSETTS MUTUAL LIFE INS. CO.4+ years Service code 49 · EIN 04-1590850	Other Services	$116,899
V WEALTH MANAGEMENT LLC2 years Filed as: V WEALTH MANAGEMENT LLC. Service code 27 · EIN 26-4711671	Advisory (Plan)	$61,586
ALGER2 years Service code 52 · EIN 13-2665689	Indirect Investment Fees	$0
AMERICAN CENTURY2 years Service code 52 · EIN 43-1819235	Indirect Investment Fees	$0
AMERICAN FUNDS2 years Service code 52 · EIN 94-6050854	Indirect Investment Fees	$0
COLUMBIA2 years Service code 52 · EIN 93-0577450	Indirect Investment Fees	$0
DIMENSIONAL FUND ADVISORS2 years Service code 52 · EIN 22-2370029	Indirect Investment Fees	$0
DODGE & COX2 years Service code 52 · EIN 94-6067274	Indirect Investment Fees	$0
FRANKLIN TEMPLETON1 year Service code 52 · EIN 59-6865210	Indirect Investment Fees	$0
HARBOR2 years Service code 52 · EIN 34-1953393	Indirect Investment Fees	$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

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

$117K

$483 / participant

Investment mgmt$108K92.3%
Contract admin$8K7.1%
Other / not subdivided$7910.7%

% of EOY assets

0.394%

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

Metric

This plan

Peer set

Industry

Size

Avg account balance

$109,379

$43,504+151.4%

$68,793+59.0%

$56,287+94.3%

Participation rate

96.3%

67.8%+28.4pp

72.2%+24.1pp

69.9%+26.4pp

Annual return

-4.15%

-3.15%-1.0pp

-4.63%+0.5pp

-9.96%+5.8pp

Employer contribution / active EE

$5,656

$1,525+270.8%

$2,625+115.5%

$2,111+167.9%

Participant deferral / active EE

$5,318

$2,509+112.0%

$3,311+60.6%

$3,350+58.8%

Admin fee / account holder

$431

$515-16.2%

$5,131-91.6%

$521-17.2%

Provider

Service type

Compensation

MASSACHUSETTS MUTUAL LIFE INS. CO.4+ years

Service code 49 · EIN 04-1590850

Other Services

$116,899

V WEALTH MANAGEMENT LLC2 years

Filed as: V WEALTH MANAGEMENT LLC.

Service code 27 · EIN 26-4711671

Advisory (Plan)

$61,586

ALGER2 years

Service code 52 · EIN 13-2665689

Indirect Investment Fees

AMERICAN CENTURY2 years

Service code 52 · EIN 43-1819235

Indirect Investment Fees

AMERICAN FUNDS2 years

Service code 52 · EIN 94-6050854

Indirect Investment Fees

COLUMBIA2 years

Service code 52 · EIN 93-0577450

Indirect Investment Fees

DIMENSIONAL FUND ADVISORS2 years

Service code 52 · EIN 22-2370029

Indirect Investment Fees

DODGE & COX2 years

Service code 52 · EIN 94-6067274

Indirect Investment Fees

FRANKLIN TEMPLETON1 year

Service code 52 · EIN 59-6865210

Indirect Investment Fees

HARBOR2 years

Service code 52 · EIN 34-1953393

Indirect Investment Fees

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