Retirement plan

MANSON WESTERN,LLC MONEY PURCHASE PENSION PLAN

Name: MANSON WESTERN, LLC - MANSON WESTERN,LLC MONEY PURCHASE PENSION PLAN (2019) Form 5500
Creator: MANSON WESTERN, LLC
License: https://www.dol.gov/general/disclaim
Keywords: Form 5500, ERISA, retirement plan, MANSON WESTERN,LLC MONEY PURCHASE PENSION PLAN, MANSON WESTERN, LLC

MANSON WESTERN, LLCEIN 95-2483722Plan #002PY 2019

625 ALASKA AVENUE - TORRANCE, CA 90503424-201-8800LinkedIn51-200 employeespublishing

Other plans on this EIN

1 filing

#004Retirement-$3.0M assets

Prospect flagsHigh feesLow participant contribution

How to read this page

Total assets (EOY)

$10.2M

+23.5% from 2018

Total participants

105

-1.9% from 2018

Average account balance

$116,018

+30.5% from 2018

Annual return

21.22%

+26.27 pp from 2018

Benchmarks

See 5,552 peers

Peer group

Industry54 - Professional, Scientific, and Technical Services

Plan typeDefined contribution

Participants100-249

Cohort5,552 peers

Snapshot2019

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

Analytics

Total assets (EOY)

Plan-year ending balance

$10.85M

Not enough data

1 years with asset history on file

Average account balance

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

$94K

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.

115

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.

135.3%

Not enough data

1 years with eligibility data

Contributions (total)

Employer and participant dollars contributed each year

$920K

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

-12.80%

Not enough data

1 years with return on file

Admin fee / account holder

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

$11485

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 codes2C2G3D2E2F2R2T

Plan features

2C
Money purchase plan
Money purchase pension plan other than a target benefit plan.
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.
2R
Participant-directed brokerage accounts
Participant-directed brokerage accounts provided as an investment option under the plan.
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

2 tripped

OpportunityLow participant contribution
Participant 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

$560K

$5333 / participant

Other / not subdivided$560K100.0%

% of EOY assets

5.485%

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

$116,018

$89,652+29.4%

$141,197-17.8%

$65,186+78.0%

Participation rate

83.8%

74.7%+9.1pp

82.5%+1.3pp

70.2%+13.6pp

Annual return

21.22%

32.79%-11.6pp

71.41%-50.2pp

29.39%-8.2pp

Employer contribution / active EE

$6,538

$3,065+113.3%

$4,736+38.0%

$2,177+200.3%

Participant deferral / active EE

$5,691-100.0%

$6,710-100.0%

$3,514-100.0%

Admin fee / account holder

$6,363

$569+1019.2%

$10,265-38.0%

$847+651.0%

MANSON WESTERN,LLC MONEY PURCHASE PENSION PLAN

Summary metrics

Benchmarksi

Analytics

Service providersi

Plan features & details

Opportunity flagsi

Expense breakdowni

Audit opinioni

MANSON WESTERN,LLC MONEY PURCHASE PENSION 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