Retirement plan

HUSTON & COMPANY WOOD DESIGN 401(K) PLAN

Name: HUSTON & COMPANY WOOD DESIGN - HUSTON & COMPANY WOOD DESIGN 401(K) PLAN (2022) Form 5500
Creator: HUSTON & COMPANY WOOD DESIGN
License: https://www.dol.gov/general/disclaim
Keywords: Form 5500, ERISA, retirement plan, HUSTON & COMPANY WOOD DESIGN 401(K) PLAN, HUSTON & COMPANY WOOD DESIGN

HUSTON & COMPANY WOOD DESIGNEIN 01-0437284Plan #001PY 2022

226 LOG CABIN ROAD - KENNEBUNKPORT, ME 04046207-967-2345

Prospect flagsLow participant contribution

How to read this page

Total assets (EOY)

$1.2M

-6.7% from 2021

Total participants

+22.2% from 2021

Average account balance

$136,181

-6.7% from 2021

Annual return

-7.90%

-21.06 pp from 2021

Benchmarks

See 22,369 peers

Peer group

Industry33 - Manufacturing

Plan typeDefined contribution

Participants<25

Cohort22,369 peers

Snapshot2022

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

Analytics

Total assets (EOY)

Plan-year ending balance

$1.64M

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.

125.0%

Not enough data

1 years with eligibility data

Contributions (total)

Employer and participant dollars contributed each year

$38K

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

+13.23%

Not enough data

1 years with return on file

Admin fee / account holder

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

$9622

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 codes2F2G2J2T3D

Plan features

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.
2T
Default investment account
Total or partial participant-directed account plan where plan uses a default investment account for participants who fail to direct assets in their account.
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 participant contribution
Participant contribution per participant is in the bottom quintile of the peer cohort.

Expense breakdown

Schedule H Part II

Admin total

$265

$29 / participant

Other / not subdivided$265100.0%

% of EOY assets

0.022%

all-in expense ratio

Categories reported

0 / 9

subdivided buckets used

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

$136,181

$100,805+35.1%

$86,698+57.1%

$134,532+1.2%

Participation rate

77.8%

79.0%-1.2pp

76.6%+1.2pp

81.2%-3.5pp

Annual return

-7.90%

29.09%-37.0pp

35.95%-43.8pp

418.27%-426.2pp

Employer contribution / active EE

$1,339

$3,490-61.6%

$2,837-52.8%

$4,741-71.8%

Participant deferral / active EE

$467

$5,339-91.2%

$4,656-90.0%

$6,401-92.7%

Admin fee / account holder

$29

$10,925-99.7%

$7,493-99.6%

$11,429-99.7%

HUSTON & COMPANY WOOD DESIGN 401(K) PLAN

Summary metrics

Benchmarksi

Analytics

Service providersi

Plan features & details

Opportunity flagsi

Expense breakdowni

Audit opinioni

HUSTON & COMPANY WOOD DESIGN 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