Retirement plan

MARTINEZ AND TUREK, INC 401(K) PROFIT SHARING PLAN

Name: MARTINEZ AND TUREK, INC - MARTINEZ AND TUREK, INC 401(K) PROFIT SHARING PLAN (2017) Form 5500
Creator: MARTINEZ AND TUREK, INC
License: https://www.dol.gov/general/disclaim
Keywords: Form 5500, ERISA, retirement plan, MARTINEZ AND TUREK, INC 401(K) PROFIT SHARING PLAN, MARTINEZ AND TUREK, INC

MARTINEZ AND TUREK, INCEIN 95-3503508Plan #001PY 2017

300 SOUTH CEDAR AVENUE - RIALTO, CA 923769100909-820-6800mandtinc.comLinkedIn51-200 employeesdefense & space

Prospect flagsLow returnsLow participation

How to read this page

Total assets (EOY)

$7M

+11.4% from 2016

Total participants

114

-5.8% from 2016

Average account balance

$84,833

+14.1% from 2016

Annual return

11.52%

+13.85 pp from 2016

Benchmarks

See 14,969 peers

Peer group

Industry33 - Manufacturing

Plan typeDefined contribution

Participants25-99

Cohort14,969 peers

Snapshot2017

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

Analytics

Total assets (EOY)

Plan-year ending balance

$5.00M

Not enough data

1 years with asset history on file

Average account balance

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

$77K

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.

71.4%

Not enough data

1 years with eligibility data

Contributions (total)

Employer and participant dollars contributed each year

$216K

Not enough data

1 years with contributions on file

Contributions per participant

Average employer and participant contribution per enrolled participant

$2K

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

+10.19%

Not enough data

1 years with return on file

Admin fee / account holder

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

$21605

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

Top 3 by compensation

Provider	Service type	Compensation
SINGERLEWAK LLP2+ years Service code 10 · EIN 95-2302617 1650 IOWA AVE, SUITE 200 · RIVERSIDE, CA 92507	Accounting	$14,900
SAN DIEGO PENSION CONSULTANTS2+ years Filed as: SAN DIEGO PENSION CONSULTANTS, INC Service code 13 5628 COPLEY DRIVE · SAN DIEGO, CA 92111	Contract Administrator	$1,300
CAMBRIDGE INVESTMENT RESEARCH2+ years Service code 16 1776 PLEASANT PLAIN RD · FAIRFIELD, IA 52556	Consulting	$0

Plan features & details

Pension benefit codes2E2F2H2J2K3D

Plan features

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).
2H
Partial participant-directed account plan
Participants have the opportunity to direct the investment of a portion 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.
2K
Code section 401(m) arrangement
Employee contributions are allocated to separate accounts under the plan or employer contributions are based in whole or in part on employee deferrals or contributions to the plan. Not applicable to 401(k) plans with only QNECs and/or QMACs or to 403(b)(1) 403(b)(7) or 408 arrangements.
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 participation
Participation rate is below 70% (account-balance holders / active employees) - enrollment or auto-enroll opportunity.
OpportunityLow returns
Annual investment return is in the bottom quintile of the peer cohort.

Expense breakdown

Schedule H Part II

Admin total

$20K

$237 / participant

Investment mgmt$20K100.0%

% of EOY assets

0.290%

all-in expense ratio

Categories reported

1 / 9

subdivided buckets used

Audit opinion

Schedule H Part III

Disclaimer opinion

Auditor declined to express an opinion - usually a 103(a)(3)(C) limited-scope election.

Auditor firm: SINGERLEWAK LLP
Auditor EIN: 952302617
Audit fees: (not subdivided)
Opinion code: Disclaimer

Metric

This plan

Peer set

Industry

Size

Avg account balance

$84,833

$67,606+25.5%

$82,313+3.1%

$70,124+21.0%

Participation rate

64.0%

72.8%-8.8pp

76.9%-12.9pp

69.5%-5.6pp

Annual return

11.52%

21.57%-10.0pp

25.88%-14.4pp

73.14%-61.6pp

Employer contribution / active EE

$1,755-100.0%

$2,428-100.0%

$2,342-100.0%

Participant deferral / active EE

$2,247

$2,987-24.8%

$3,706-39.4%

$3,332-32.5%

Admin fee / account holder

$246

$4,512-94.6%

$5,608-95.6%

$4,645-94.7%

Provider

Service type

Compensation

SINGERLEWAK LLP2+ years

Service code 10 · EIN 95-2302617

1650 IOWA AVE, SUITE 200 · RIVERSIDE, CA 92507

Accounting

$14,900

SAN DIEGO PENSION CONSULTANTS2+ years

Filed as: SAN DIEGO PENSION CONSULTANTS, INC

Service code 13

5628 COPLEY DRIVE · SAN DIEGO, CA 92111

Contract Administrator

$1,300

CAMBRIDGE INVESTMENT RESEARCH2+ years

Service code 16

1776 PLEASANT PLAIN RD · FAIRFIELD, IA 52556

Consulting

MARTINEZ AND TUREK, INC 401(K) PROFIT SHARING PLAN

Summary metrics

Benchmarksi

Analytics

Service providersi

Plan features & details

Opportunity flagsi

Expense breakdowni

Audit opinioni

MARTINEZ AND TUREK, INC 401(K) PROFIT SHARING 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