Retirement plan

MANSON WESTERN,LLC MONEY PURCHASE PENSION PLAN

Name: MANSON WESTERN, LLC - MANSON WESTERN,LLC MONEY PURCHASE PENSION PLAN (2020) 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 2020

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

Other plans on this EIN

1 filing

#004Retirement-$3.7M assets

Prospect flagsHigh fees

How to read this page

Total assets (EOY)

$12.2M

+19.2% from 2019

Total participants

115

+9.5% from 2019

Average account balance

$125,448

+8.1% from 2019

Annual return

16.20%

-5.01 pp from 2019

Benchmarks

See 5,591 peers

Peer group

Industry54 - Professional, Scientific, and Technical Services

Plan typeDefined contribution

Participants100-249

Cohort5,591 peers

Snapshot2020

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

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

$437K

$4043 / participant

Other / not subdivided$437K100.0%

% of EOY assets

3.588%

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

$125,448

$99,957+25.5%

$149,745-16.2%

$73,497+70.7%

Participation rate

83.3%

75.7%+7.6pp

82.5%+0.9pp

70.7%+12.7pp

Annual return

16.20%

53.87%-37.7pp

276.72%-260.5pp

28.51%-12.3pp

Employer contribution / active EE

$6,850

$3,191+114.7%

$4,646+47.4%

$2,270+201.8%

Participant deferral / active EE

$6,073-100.0%

$6,843-100.0%

$3,740-100.0%

Admin fee / account holder

$4,501

$551+717.4%

$9,312-51.7%

$513+777.3%

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