Retirement plan

MCGUFF COMPANY, INC. 401(K) PROFIT SHARING PLAN

Name: MCGUFF COMPANY, INC. - MCGUFF COMPANY, INC. 401(K) PROFIT SHARING PLAN (2020) Form 5500
Creator: MCGUFF COMPANY, INC.
License: https://www.dol.gov/general/disclaim
Keywords: Form 5500, ERISA, retirement plan, MCGUFF COMPANY, INC. 401(K) PROFIT SHARING PLAN, MCGUFF COMPANY, INC.

MCGUFF COMPANY, INC.EIN 95-3797134Plan #001PY 2020

3524 WEST LAKE CENTER DRIVE - SANTA ANA, CA 92704800-854-7220

Prospect flagsNo flags tripped

How to read this page

Total assets (EOY)

$8.2M

+20.5% from 2019

Total participants

173

+8.1% from 2019

Average account balance

$59,216

+4.9% from 2019

Annual return

17.13%

-4.81 pp from 2019

Benchmarks

See 2,198 peers

Peer group

Industry44 - Retail Trade

Plan typeDefined contribution

Participants100-249

Cohort2,198 peers

Snapshot2020

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

Analytics

Total assets (EOY)

Plan-year ending balance

$10.87M

Not enough data

1 years with asset history on file

Average account balance

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

$70K

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.

156

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.

89.0%

Not enough data

1 years with eligibility data

Contributions (total)

Employer and participant dollars contributed each year

$722K

Not enough data

1 years with contributions on file

Contributions per participant

Average employer and participant contribution per enrolled participant

$8K

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

+18.49%

Not enough data

1 years with return on file

Admin fee / account holder

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

$451

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 3 by compensation

Provider	Service type	Compensation
LINCOLN NATIONAL CORPORATION2 years Service code 15 · EIN 35-0472300 P.O. BOX 7877 · FORT WAYNE, IN 46802	Recordkeeping	$300,871
LPL FINANCIAL2 years Filed as: LPL HOLDINGS, INC. Service code 27 · EIN 95-2834236 4707 EXECUTIVE DRIVE · SAN DIEGO, CA 921213091	Advisory (Plan)	$20,397
MORAN KNOBEL1 year Filed as: MORAN KNOBEL, INC. Service code 14 · EIN 91-0964302 10900 NE 8TH ST STE 1310 · BELLEVUE, WA 98004	Plan Administrator	$950

Plan features & details

Pension benefit codes2E2F2G2J2K

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).
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.
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.

Opportunity flags

0 tripped

No flags tripped for this filing year. This plan looks clean.

Expense breakdown

Schedule H Part II

Admin total

$31K

$237 / participant

Other / not subdivided$31K100.0%

% of EOY assets

0.377%

all-in expense ratio

Categories reported

0 / 9

subdivided buckets used

Audit opinion

Schedule H Part III

Unqualified opinion

Auditor signed off without reservation - the cleanest possible opinion.

Auditor firm: WRIGHT FORD YOUNG AND COMPANY
Auditor EIN: 953288054
Audit fees: (not subdivided)
Opinion code: Unqualified

Metric

This plan

Peer set

Industry

Size

Avg account balance

$59,216

$54,573+8.5%

$90,970-34.9%

$73,497-19.4%

Participation rate

74.0%

61.2%+12.9pp

69.0%+5.0pp

70.7%+3.4pp

Annual return

17.13%

16.69%+0.4pp

134.60%-117.5pp

28.51%-11.4pp

Employer contribution / active EE

$1,159

$991+16.9%

$2,122-45.4%

$2,270-48.9%

Participant deferral / active EE

$4,331

$2,517+72.1%

$3,373+28.4%

$3,740+15.8%

Admin fee / account holder

$223

$521-57.2%

$5,961-96.3%

$513-56.5%

Provider

Service type

Compensation

LINCOLN NATIONAL CORPORATION2 years

Service code 15 · EIN 35-0472300

P.O. BOX 7877 · FORT WAYNE, IN 46802

Recordkeeping

$300,871

LPL FINANCIAL2 years

Filed as: LPL HOLDINGS, INC.

Service code 27 · EIN 95-2834236

4707 EXECUTIVE DRIVE · SAN DIEGO, CA 921213091

Advisory (Plan)

$20,397

MORAN KNOBEL1 year

Filed as: MORAN KNOBEL, INC.

Service code 14 · EIN 91-0964302

10900 NE 8TH ST STE 1310 · BELLEVUE, WA 98004

Plan Administrator

$950

MCGUFF COMPANY, INC. 401(K) PROFIT SHARING PLAN

Summary metrics

Benchmarksi

Analytics

Service providersi

Plan features & details

Opportunity flagsi

Expense breakdowni

Audit opinioni

MCGUFF COMPANY, 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