Retirement plan

MERCHANTS RETIREMENT SAVINGS PLAN

Name: MERCHANTS BUILDING MAINTENANCE CO. - MERCHANTS RETIREMENT SAVINGS PLAN (2016) Form 5500
Creator: MERCHANTS BUILDING MAINTENANCE CO.
License: https://www.dol.gov/general/disclaim
Keywords: Form 5500, ERISA, retirement plan, MERCHANTS RETIREMENT SAVINGS PLAN, MERCHANTS BUILDING MAINTENANCE CO.

MERCHANTS BUILDING MAINTENANCE CO.EIN 95-2626183Plan #001PY 2016

1190 MONTEREY PASS ROAD - MONTEREY PARK, CA 917543615323-881-6700mbmonline.comLinkedIn5001-10000 employeesfacilities services

Prospect flagsHigh fees

How to read this page

Total assets (EOY)

$3.3M

+13.0% from 2015

Total participants

+10.8% from 2015

Average account balance

$50,955

-2.7% from 2015

Annual return

6.53%

+7.36 pp from 2015

Benchmarks

See 3,584 peers

Peer group

Industry56 - Administrative and Support and Waste Management and Remediation Services

Plan typeDefined contribution

Participants25-99

Cohort3,584 peers

Snapshot2016

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

Analytics

Total assets (EOY)

Plan-year ending balance

$7.78M

Not enough data

1 years with asset history on file

Average account balance

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

$79K

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.

11.2%

Not enough data

1 years with eligibility data

Contributions (total)

Employer and participant dollars contributed each year

$556K

Not enough data

1 years with contributions on file

Contributions per participant

Average employer and participant contribution per enrolled participant

$635

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

+15.47%

Not enough data

1 years with return on file

Admin fee / account holder

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

$3670

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 codes2G2J3D

Plan features

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

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

$104K

$1860 / participant

Other / not subdivided$104K100.0%

% of EOY assets

3.145%

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

$50,955

$43,075+18.3%

$74,577-31.7%

$62,881-19.0%

Participation rate

87.5%

58.1%+29.4pp

68.1%+19.4pp

69.3%+18.2pp

Annual return

6.53%

17.50%-11.0pp

20.47%-13.9pp

20.14%-13.6pp

Employer contribution / active EE

$1,621

$1,498+8.2%

$2,525-35.8%

$2,281-28.9%

Participant deferral / active EE

$3,608

$2,389+51.0%

$3,458+4.3%

$3,203+12.6%

Admin fee / account holder

$1,603

$2,840-43.6%

$4,138-61.3%

$4,296-62.7%

MERCHANTS RETIREMENT SAVINGS PLAN

Summary metrics

Benchmarksi

Analytics

Service providersi

Plan features & details

Opportunity flagsi

Expense breakdowni

Audit opinioni

MERCHANTS RETIREMENT 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