Retirement plan

MAY-HAN ELECTRIC, INC. DBA M & M ELECTRIC 401(K) PROFIT SHARING PLAN

Name: MAY-HAN ELECTRIC CO., INC. - MAY-HAN ELECTRIC, INC. DBA M & M ELECTRIC 401(K) PROFIT SHARING PLAN (2018) Form 5500
Creator: MAY-HAN ELECTRIC CO., INC.
License: https://www.dol.gov/general/disclaim
Keywords: Form 5500, ERISA, retirement plan, MAY-HAN ELECTRIC, INC. DBA M & M ELECTRIC 401(K) PROFIT SHARING PLAN, MAY-HAN ELECTRIC CO., INC.

MAY-HAN ELECTRIC CO., INC.EIN 94-1711147Plan #001PY 2018

1600 AUBURN BOULEVARD - SACRAMENTO, CA 95815916-929-0150

Prospect flagsLow employer contribution

How to read this page

Total assets (EOY)

$1.8M

-1.5% from 2017

Total participants

+13.3% from 2017

Average account balance

$112,977

-13.8% from 2017

Annual return

-3.73%

-18.47 pp from 2017

Benchmarks

See 22,375 peers

Peer group

Industry42 - Wholesale Trade

Plan typeDefined contribution

Participants<25

Cohort22,375 peers

Snapshot2018

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

Analytics

Total assets (EOY)

Plan-year ending balance

$1.98M

Not enough data

1 years with asset history on file

Average account balance

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

$153K

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.

144.4%

Not enough data

1 years with eligibility data

Contributions (total)

Employer and participant dollars contributed each year

$102K

Not enough data

1 years with contributions on file

Contributions per participant

Average employer and participant contribution per enrolled participant

$11K

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

+6.91%

Not enough data

1 years with return on file

Admin fee / account holder

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

$70875

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 codes2E2F2J3D

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).
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.
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

1 tripped

OpportunityLow employer contribution
Employer contribution per participant is in the bottom quintile of the peer cohort.

Expense breakdown

Schedule H Part II

Admin total

$636

$53 / participant

Other / not subdivided$636100.0%

% of EOY assets

0.035%

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

$112,977

$135,639-16.7%

$110,241+2.5%

$135,382-16.5%

Participation rate

91.7%

83.5%+8.2pp

79.8%+11.8pp

82.6%+9.0pp

Annual return

-3.73%

513.21%-516.9pp

314.75%-318.5pp

519.77%-523.5pp

Employer contribution / active EE

$4,907-100.0%

$3,827-100.0%

$4,779-100.0%

Participant deferral / active EE

$3,464

$5,507-37.1%

$4,672-25.9%

$5,609-38.2%

Admin fee / account holder

$40

$11,457-99.7%

$8,548-99.5%

$10,829-99.6%

MAY-HAN ELECTRIC, INC. DBA M & M ELECTRIC 401(K) PROFIT SHARING PLAN

Summary metrics

Benchmarksi

Analytics

Service providersi

Plan features & details

Opportunity flagsi

Expense breakdowni

Audit opinioni

MAY-HAN ELECTRIC, INC. DBA M & M ELECTRIC 401(K) 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