Retirement plan

EMPLOYEE BENEFIT PLAN OF MUTUAL LIQUID GAS & EQUIPMENT COMPANY, INC.

Name: MUTUAL LIQUID GAS & EQUIPMENT COMPA NY, INC. - EMPLOYEE BENEFIT PLAN OF MUTUAL LIQUID GAS & EQUIPMENT COMPANY, INC. (2016) Form 5500
Creator: MUTUAL LIQUID GAS & EQUIPMENT COMPA NY, INC.
License: https://www.dol.gov/general/disclaim
Keywords: Form 5500, ERISA, retirement plan, EMPLOYEE BENEFIT PLAN OF MUTUAL LIQUID GAS & EQUIPMENT COMPANY, INC., MUTUAL LIQUID GAS & EQUIPMENT COMPA NY, INC.

MUTUAL LIQUID GAS & EQUIPMENT COMPA NY, INC.EIN 95-1617065Plan #002PY 2016

17117 SOUTH BROADWAY AVENUE - GARDENA, CA 90248310-515-0553LinkedIn11-50 employeesoil & energy

Prospect flagsHigh feesLow employer contribution

How to read this page

Total assets (EOY)

$1M

No prior year

Total participants

No prior year

Average account balance

$21,483

No prior year

Annual return

7.12%

No prior year

Benchmarks

See 3,429 peers

Peer group

Industry48 - Transportation and Warehousing

Plan typeDefined contribution

Participants25-99

Cohort3,429 peers

Snapshot2016

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

Analytics

Total assets (EOY)

Plan-year ending balance

$2.13M

Not enough data

1 years with asset history on file

Average account balance

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

$37K

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.

107.4%

Not enough data

1 years with eligibility data

Contributions (total)

Employer and participant dollars contributed each year

$168K

Not enough data

1 years with contributions on file

Contributions per participant

Average employer and participant contribution per enrolled participant

$3K

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

+8.24%

Not enough data

1 years with return on file

Admin fee / account holder

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

$3636

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 codes2E2F2G2J3D

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

$28K

$614 / participant

Other / not subdivided$28K100.0%

% of EOY assets

2.738%

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

$21,483

$47,944-55.2%

$67,834-68.3%

$62,881-65.8%

Participation rate

100.0%

61.1%+38.9pp

68.8%+31.2pp

69.3%+30.7pp

Annual return

7.12%

11.77%-4.6pp

138.47%-131.3pp

20.14%-13.0pp

Employer contribution / active EE

$1,562-100.0%

$2,403-100.0%

$2,281-100.0%

Participant deferral / active EE

$1,190

$2,247-47.0%

$3,160-62.3%

$3,203-62.8%

Admin fee / account holder

$588

$3,712-84.2%

$4,622-87.3%

$4,296-86.3%

EMPLOYEE BENEFIT PLAN OF MUTUAL LIQUID GAS & EQUIPMENT COMPANY, INC.

Summary metrics

Benchmarksi

Analytics

Service providersi

Plan features & details

Opportunity flagsi

Expense breakdowni

Audit opinioni

EMPLOYEE BENEFIT PLAN OF MUTUAL LIQUID GAS & EQUIPMENT COMPANY, 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