Retirement plan

MEHTA & MANN RETIREMENT PLAN

Name: MEHTA & MANN - MEHTA & MANN RETIREMENT PLAN (2019) Form 5500
Creator: MEHTA & MANN
License: https://www.dol.gov/general/disclaim
Keywords: Form 5500, ERISA, retirement plan, MEHTA & MANN RETIREMENT PLAN, MEHTA & MANN

MEHTA & MANNEIN 95-4753170Plan #001PY 2019

25448 HARDY PLACE - STEVENSON RANCH, CA 91381661-284-1818mehtamann.comLinkedIn1-10 employees

Other plans on this EIN

1 filing

#002Retirement-$755K assets

Prospect flagsLow fidelity bond

How to read this page

Total assets (EOY)

$468K

+44.8% from 2018

Total participants

+33.3% from 2018

Average account balance

$58,495

+8.6% from 2018

Annual return

24.82%

+33.53 pp from 2018

Benchmarks

See 119,339 peers

Peer group

Industry54 - Professional, Scientific, and Technical Services

Plan typeDefined contribution

Participants<25

Cohort119,339 peers

Snapshot2019

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

Analytics

Total assets (EOY)

Plan-year ending balance

$984K

Not enough data

1 years with asset history on file

Average account balance

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

$164K

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.

150.0%

Not enough data

1 years with eligibility data

Contributions (total)

Employer and participant dollars contributed each year

$74K

Not enough data

1 years with contributions on file

Contributions per participant

Average employer and participant contribution per enrolled participant

$19K

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

+12.93%

Not enough data

1 years with return on file

Admin fee / account holder

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

$996

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 codes2D2E2G2J3D

Plan features

2D
Offset plan
Plan benefits are subject to offset for retirement benefits provided in another plan or arrangement of the employer.
2E
Profit-sharing
Profit-sharing plan.
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

ComplianceLow fidelity bond
Fidelity bond coverage is below the ERISA section 412 10%-of-assets minimum (capped at $500,000).

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

$58,495

$157,296-62.8%

$141,191-58.6%

$152,897-61.7%

Participation rate

100.0%

84.8%+15.2pp

82.5%+17.5pp

Annual return

24.82%

64.34%-39.5pp

71.41%-46.6pp

345.43%-320.6pp

Employer contribution / active EE

$2,382

$5,262-54.7%

$4,736-49.7%

$4,764-50.0%

Participant deferral / active EE

$10,517

$7,111+47.9%

$6,710+56.7%

$5,851+79.8%

Admin fee / account holder

$12,125-100.0%

$10,264-100.0%

$11,599-100.0%

MEHTA & MANN RETIREMENT PLAN

Summary metrics

Benchmarksi

Analytics

Service providersi

Plan features & details

Opportunity flagsi

Audit opinioni

MEHTA & MANN RETIREMENT PLAN

Summary metrics

Benchmarksi

Analytics

Service providersi

Plan features & details

Opportunity flagsi

Audit opinioni

Benchmarks

Service providers

Opportunity flags

Audit opinion

Benchmarks

Service providers

Opportunity flags

Audit opinion