Retirement plan

MAUI ECONOMIC OPPORTUNITY, INC. 401(K) PLAN

Name: MAUI ECONOMIC OPPORTUNITY, INC. - MAUI ECONOMIC OPPORTUNITY, INC. 401(K) PLAN (2017) 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 2017

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

Prospect flagsLow returns

How to read this page

Total assets (EOY)

$3.5M

+9.2% from 2016

Total participants

191

-9.9% from 2016

Average account balance

$18,670

+20.7% from 2016

Annual return

7.72%

+3.31 pp from 2016

Benchmarks

See 1,704 peers

Peer group

Industry81 - Other Services (except Public Administration)

Plan typeDefined contribution

Participants100-249

Cohort1,704 peers

Snapshot2017

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 CO3+ years Filed as: AXA EQUITABLE LIFE INSURANCE CO. Service code 15 · EIN 13-5570651	Recordkeeping	$37,175

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

1 tripped

OpportunityLow returns
Annual investment return is in the bottom quintile of the peer cohort.

Expense breakdown

Schedule H Part II

Admin total

$37K

$232 / participant

Contract admin$37K100.0%

% of EOY assets

1.048%

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: CW ASSOCIATES, CPAS
Auditor EIN: 261659234
Audit fees: (not subdivided)
Opinion code: Disclaimer

Metric

This plan

Peer set

Industry

Size

Avg account balance

$18,670

$50,637-63.1%

$86,582-78.4%

$62,293-70.0%

Participation rate

99.4%

67.9%+31.5pp

73.5%+25.8pp

69.5%+29.9pp

Annual return

7.72%

20.80%-13.1pp

965.08%-957.4pp

28.90%-21.2pp

Employer contribution / active EE

$1,200

$2,075-42.2%

$2,839-57.7%

$2,042-41.2%

Participant deferral / active EE

$1,219

$2,611-53.3%

$3,609-66.2%

$3,169-61.5%

Admin fee / account holder

$196

$413-52.7%

$4,904-96.0%

$479-59.2%

Provider

Service type

Compensation

AXA EQUITABLE LIFE INSURANCE CO3+ years

Filed as: AXA EQUITABLE LIFE INSURANCE CO.

Service code 15 · EIN 13-5570651

Recordkeeping

$37,175

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