Retirement plan
WALMART/MODCLOTH 401(K) PLAN
WALMART INC.EIN 71-0415188Plan #005PY 2017
Other plans on this EIN
2 filingsProspect flagsLow participationLow assets / participantLow employer contributionCorrective distributions
Filing contacts
From the Form 5500, federal recordPlan administrator signer
ADAM STAVISKY
Signed 09/27/2018
Summary metrics
Total assets (EOY)
$3.1M
No prior year
Total participants
415
No prior year
Average account balance
$15,717
No prior year
Annual return
22.18%
+112.80 pp from 2018
Benchmarks
Peer group
Industry44 - Retail Trade
Plan typeDefined contribution
Participants250-999
Cohort1,218 peers
Snapshot2017
40
Participant deferral / active EE
$1,576
median $1,922
0
Employer contribution / active EE
$0
median $476
11
Participation rate
23.0%
median 66.0%
15
Avg account balance
$15,717
median $34,844
48
Admin fee / account holder
$71
median $67
88
Annual return
22.18%
median 16.67%
Overall peer rank
34of 100
34th percentileavg across 6 metrics
Analytics
Less than 3 years of history available for this plan
We'll show a chart here once at least 3 consecutive filings are on record.
Service providers
Top 2 by compensation
| Provider | Service type | Compensation |
|---|---|---|
Service code 37 · EIN 04-2647786 | Loan Processing | $7,270 |
PENSIONMARK FINANCIAL GROUP, LLC1+ years Service code 27 75 ROWLAND WAY STE 330 · NOVATO, CA 94945 | Advisory (Plan) | $6,866 |
Top hat statement on fileNQDC
Filed February 24, 2012 (most recent of 3 filings on file)
This is a legacy paper filing. Plan administrator and contact details are recorded in the original filing, which has not been digitised into structured fields.
Plan features & details
Pension benefit codes2F2G2J2K2T3D2E
Plan features
- 2EProfit-sharingProfit-sharing plan.
- 2FERISA section 404(c) planThis plan or any part of it is intended to meet the conditions of 29 CFR 2550.404c-1 (shifting investment responsibility to participants).
- 2GTotal participant-directed account planParticipants 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.
- 2JCode section 401(k) featureCash 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.
- 2KCode section 401(m) arrangementEmployee 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.
- 2TDefault investment accountTotal or partial participant-directed account plan where plan uses a default investment account for participants who fail to direct assets in their account.
- 3DPre-approved pension planA master prototype or volume submitter plan that is the subject of a favorable opinion or advisory letter from the IRS.
Opportunity flags
4 tripped
- OpportunityLow participation
Participation rate is below 70% (account-balance holders / active employees) - enrollment or auto-enroll opportunity.
- OpportunityLow employer contribution
Employer contribution per participant is in the bottom quintile of the peer cohort.
- OpportunityLow assets / participant
Assets per participant are in the bottom quintile of the peer cohort - savings-rate / match opportunity.
- ComplianceCorrective distributions
Plan reported corrective distributions (failed ADP/ACP testing).
Expense breakdown
Schedule H Part II
Admin total
$14K
$50 / participant
- Other / not subdivided$14K100.0%
% of EOY assets
0.454%
all-in expense ratio
Categories reported
0 / 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
- MOSS ADAMS LLP
- Auditor EIN
- 910189318
- Audit fees
- (not subdivided)
- Opinion code
- Disclaimer