Powered by OnlyBoth

Profile

Mary T. Inc. 401(K) Savings Plan in Coon Rapids, MN is in Minnesota, its EIN is 411525780, its industry group is Nursing and Residential Care Facilities, its plan administrator is Jewel Lemler, is a profit-sharing plan, covered by a fidelity bond, an ERISA section 404(c) plan, self-administered by the plan sponsor, provides for automatic enrollment, provides participant-directed brokerage accounts as investment options, is a single-employer plan, its business code is 623000, has 500 to 999 total participants, is worse than the overall participant averages in each of average account balance, active-participant contributions per head, and employer contributions per active participant, and is higher than the overall administrative medians in each of other administrative expenses, total administrative expenses, and total administrative expense ratio.

Numeric values:
- total assets at beginning of plan year ($12,237,506)
- net assets (assets minus liabilities) ($10.20M)
- total assets ($10,183,519)
- value of interest in registered investment companies (e.g., mutual funds) ($9.60M)
- total expenses ($1,461,285)
- total contributions ($1,309,199)
- cash contributions from participants ($1,024,993)
- cash contributions from employers ($275,661)
- interest-bearing cash (e.g., money market accounts, certificates of deposit) ($235,903)
- participant loans ($151,501)
- value of interest in common/collective trusts ($125,873)
- other administrative expenses ($108,841)
- total administrative expenses ($108,841)
- receivables - participant contributions ($36,568)
- average account balance ($13,706)
- receivables - employer contributions ($9,913)
- corporate common stocks (other than employer securities) ($7,584)
- average employer+participant cash contribution per active participant ($2,545)
- average participant cash contribution per active participant ($2,006)
- average employer cash contribution per active participant ($539.50)
- total administrative expense per participant ($146.49)
- total noninterest-bearing cash ($0)
- other receivables (not employer nor participant contributions) ($0)
- U.S. government securities ($0.0K)
- corporate debt instruments (preferred & other than employer securities) ($0)
- corporate debt instruments (below preferred & other than employer securities) ($0)
- corporate preferred stocks (other than employer securities) ($0)
- partnership/joint venture interests ($0)
- real estate (other than employer real property) ($0)
- loans (other than to participants) ($0)
- value of interest in pooled separate accounts ($0)
- value of interest in master trust investment accounts ($0.0K)
- value of interest in 103-12 investment entities ($0)
- value of funds held in insurance company general account (unallocated contracts) ($0)
- other general investments ($0)
- employer-related securities investments ($0)
- employer-related real-property investments ($0)
- buildings and other property used in plan operation ($0)
- total liabilities ($0)
- corrective distributions ($0)
- professional fees ($0)
- contract administrator fees ($0)
- investment advisory and management fees ($0)
- asset transfers to the plan ($0)
- asset transfers from the plan ($0)
- net income per total participant (-$2,764)
- total income (-$592,702)
- earnings on investments (-$1,901,901)
- net earnings on investments (-$1,901,901)
- net income (-$2,053,987)
- percentage of active participants (68.8%)
- diversity of asset types (9.1%)
- total cash as a percentage of plan assets (2.32%)
- participant loans as a percentage of plan assets (1.49%)
- total administrative expense ratio (1.069%)
- employer securities as a percentage of plan assets (0.00%)
- yield on beginning-of-plan-year total assets (-15.54%)
- growth in total assets during the plan year (-16.8%)
- active participants (511)
- deceased participants whose beneficiaries receive or are entitled to benefits (0)
- living participants (743)
- other retired or separated participants entitled to future benefits (230)
- retired or separated participants receiving benefits (2)
- total participants (743)