Retirement plan

M H WHITTIER CORPORATION SAVINGS PLAN

Name: M H WHITTIER CORPORATION - M H WHITTIER CORPORATION SAVINGS PLAN (2023) Form 5500
Creator: M H WHITTIER CORPORATION
License: https://www.dol.gov/general/disclaim
Keywords: Form 5500, ERISA, retirement plan, M H WHITTIER CORPORATION SAVINGS PLAN, M H WHITTIER CORPORATION

M H WHITTIER CORPORATIONEIN 95-2459099Plan #334PY 2023

177 EAST COLORADO BLVD., SUITE 800 - PASADENA, CA 91105626-441-5111

Prospect flagsHigh feesHigh assets / participant

How to read this page

Total assets (EOY)

$91M

+24.1% from 2022

Total participants

312

+4.3% from 2022

Average account balance

$298,385

+18.8% from 2022

Annual return

21.10%

+39.96 pp from 2022

Benchmarks

See 266 peers

Peer group

Industry21 - Mining, Quarrying, and Oil and Gas Extraction

Plan typeDefined contribution

Participants100-249

Cohort266 peers

Snapshot2023

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

Analytics

Total assets (EOY)

Plan-year ending balance

$108.21M

Not enough data

1 years with asset history on file

Average account balance

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

$342K

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.

316

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.

97.5%

Not enough data

1 years with eligibility data

Contributions (total)

Employer and participant dollars contributed each year

$7.40M

Not enough data

1 years with contributions on file

Contributions per participant

Average employer and participant contribution per enrolled participant

$31K

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

+16.55%

Not enough data

1 years with return on file

Admin fee / account holder

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

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 1 by compensation

Provider	Service type	Compensation
T ROWE PRICE RPS INC8 years Service code 15 100 EAST PRATT STREET · BALTIMORE, MD 21202	Recordkeeping	$743

Plan features & details

Pension benefit codes2E2G2J2R2S2T2X

Plan features

2E
Profit-sharing
Profit-sharing plan.
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.
2R
Participant-directed brokerage accounts
Participant-directed brokerage accounts provided as an investment option under the plan.
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.

Opportunity flags

2 tripped

OpportunityHigh fees
Administrative expenses exceed $300 per participant per year - possible fee-review opportunity. (Recordkeeping / audit / legal; excludes investment management.)
InformationalHigh assets / participant
Assets per participant exceed $250,000 - top-decile high-value plan.

Expense breakdown

Schedule H Part II

Admin total

$322K

$1377 / participant

Recordkeeping$7430.2%
Other / not subdivided$322K99.8%

% of EOY assets

0.354%

all-in expense ratio

Categories reported

1 / 9

subdivided buckets used

Audit opinion

Schedule H Part III

Unqualified opinion

Auditor signed off without reservation - the cleanest possible opinion.

Auditor firm: HUTCHINSON AND BLOODGOOD LLP
Auditor EIN: 950858589
Audit fees: (not subdivided)
Opinion code: Unqualified

Metric

This plan

Peer set

Industry

Size

Avg account balance

$298,385

$72,352+312.4%

$142,516+109.4%

$71,511+317.3%

Participation rate

97.0%

71.7%+25.3pp

76.8%+20.2pp

67.9%+29.1pp

Annual return

21.10%

21.17%-0.1pp

19.99%+1.1pp

28.86%-7.8pp

Employer contribution / active EE

$14,407

$3,800+279.1%

$4,849+197.1%

$2,589+456.4%

Participant deferral / active EE

$12,729

$5,288+140.7%

$6,280+102.7%

$4,291+196.7%

Admin fee / account holder

$1,057

$1,438-26.5%

$10,008-89.4%

$1,588-33.5%

Provider

Service type

Compensation

T ROWE PRICE RPS INC8 years

Service code 15

100 EAST PRATT STREET · BALTIMORE, MD 21202

Recordkeeping

$743

M H WHITTIER CORPORATION SAVINGS PLAN

Summary metrics

Benchmarksi

Analytics

Service providersi

Plan features & details

Opportunity flagsi

Expense breakdowni

Audit opinioni

M H WHITTIER CORPORATION SAVINGS 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