Retirement plan

MAUI ECONOMIC OPPORTUNITY, INC. 401(K) PLAN

Name: MAUI ECONOMIC OPPORTUNITY, INC. - MAUI ECONOMIC OPPORTUNITY, INC. 401(K) PLAN (2015) Form 5500
Creator: MAUI ECONOMIC OPPORTUNITY, INC.
License: https://www.dol.gov/general/disclaim
Keywords: Form 5500, ERISA, retirement plan, MAUI ECONOMIC OPPORTUNITY, INC. 401(K) PLAN, MAUI ECONOMIC OPPORTUNITY, INC.

MAUI ECONOMIC OPPORTUNITY, INC.EIN 99-6009889Plan #002PY 2015

99 MAHALANI ST - WAILUKU, HI 967932530808-249-2980meoinc.orgLinkedIn201-500 employeesnon-profit organization management

Prospect flagsNo flags tripped

How to read this page

Total assets (EOY)

$3.2M

No prior year

Total participants

217

No prior year

Average account balance

$14,920

No prior year

Annual return

-1.07%

No prior year

Benchmarks

See 1,412 peers

Peer group

Industry81 - Other Services (except Public Administration)

Plan typeDefined contribution

Participants100-249

Cohort1,412 peers

Snapshot2015

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

Analytics

Total assets (EOY)

Plan-year ending balance

$5.83M

Not enough data

1 years with asset history on file

Average account balance

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

$32K

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.

180

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.

96.7%

Not enough data

1 years with eligibility data

Contributions (total)

Employer and participant dollars contributed each year

$766K

Not enough data

1 years with contributions on file

Contributions per participant

Average employer and participant contribution per enrolled participant

$5K

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

+8.89%

Not enough data

1 years with return on file

Admin fee / account holder

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

$293

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 1 by compensation

Provider	Service type	Compensation
AXA EQUITABLE LIFE INSURANCE CO1+ years Filed as: AXA EQUITABLE LIFE INSURANCE CO. Service code 15 · EIN 13-5570651	Recordkeeping	$45,117

Plan features & details

Pension benefit codes2E2F2G2J3D

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.
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

0 tripped

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

Expense breakdown

Schedule H Part II

Admin total

$45K

$286 / participant

Contract admin$45K100.0%

% of EOY assets

1.420%

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: N&K CPAS, INC.
Auditor EIN: 990169131
Audit fees: (not subdivided)
Opinion code: Disclaimer

Metric

This plan

Peer set

Industry

Size

Avg account balance

$14,920

$41,854-64.4%

$73,836-79.8%

$52,331-71.5%

Participation rate

97.5%

66.2%+31.2pp

73.4%+24.0pp

68.1%+29.4pp

Annual return

-1.07%

2.11%-3.2pp

2268.06%-2269.1pp

4.54%-5.6pp

Employer contribution / active EE

$1,479

$1,920-23.0%

$2,787-47.0%

$1,882-21.4%

Participant deferral / active EE

$1,033

$2,498-58.7%

$3,583-71.2%

$3,022-65.8%

Admin fee / account holder

$212

$493-57.0%

$4,882-95.7%

$592-64.2%

Provider

Service type

Compensation

AXA EQUITABLE LIFE INSURANCE CO1+ years

Filed as: AXA EQUITABLE LIFE INSURANCE CO.

Service code 15 · EIN 13-5570651

Recordkeeping

$45,117

MAUI ECONOMIC OPPORTUNITY, INC. 401(K) PLAN

Summary metrics

Benchmarksi

Analytics

Service providersi

Plan features & details

Opportunity flagsi

Expense breakdowni

Audit opinioni

MAUI ECONOMIC OPPORTUNITY, INC. 401(K) 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