Retirement plan

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

Name: MUTUAL LIQUID GAS EQUIPMENT COMPANY, INC. - EMPLOYEE BENEFIT PLAN OF MUTUAL LIQUID GAS EQUIPMENT COMPANY, INC. (2018) Form 5500
Creator: MUTUAL LIQUID GAS EQUIPMENT COMPANY, 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 COMPANY, INC.

MUTUAL LIQUID GAS EQUIPMENT COMPANY, INC.EIN 95-1617065Plan #002PY 2018

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

Prospect flagsHigh fees

How to read this page

Total assets (EOY)

$1.4M

+11.1% from 2017

Total participants

-4.9% from 2017

Average account balance

$26,631

+13.2% from 2017

Annual return

5.31%

-5.45 pp from 2017

Benchmarks

See 2,031 peers

Peer group

Industry45 - Retail Trade

Plan typeDefined contribution

Participants25-99

Cohort2,031 peers

Snapshot2018

See peer percentile detail. $4.99 for your first month.

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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

See the 10-year trajectory. $4.99 for your first month.

Solo adds 10-year history, peer benchmarks, provider and welfare analytics, saves, and exports. Then $34.99 a month.

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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 codes2F2S2T3D

Plan features

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).
2S
Automatic enrollment
Plan provides for automatic enrollment in plan that has elective contributions deducted from payroll.
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

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

$81K

$1656 / participant

Other / not subdivided$81K100.0%

% of EOY assets

5.748%

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: -

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Metric

This plan

Peer set

Industry

Size

Avg account balance

$26,631

$53,596-50.3%

$90,645-70.6%

$64,186-58.5%

Participation rate

89.8%

64.5%+25.3pp

74.0%+15.8pp

69.6%+20.2pp

Annual return

5.31%

4.41%+0.9pp

1.88%+3.4pp

7.63%-2.3pp

Employer contribution / active EE

$1,372

$1,503-8.7%

$2,532-45.8%

$2,381-42.4%

Participant deferral / active EE

$1,765

$2,459-28.2%

$3,425-48.5%

$3,470-49.1%

Admin fee / account holder

$1,531

$3,868-60.4%

$4,994-69.3%

$4,888-68.7%

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