Retirement plan

WALKER 401(K) RETIREMENT PLAN

Name: WALKER, INC. - WALKER 401(K) RETIREMENT PLAN (2018) Form 5500
Creator: WALKER, INC.
License: https://www.dol.gov/general/disclaim
Keywords: Form 5500, ERISA, retirement plan, WALKER 401(K) RETIREMENT PLAN, WALKER, INC.

WALKER, INC.EIN 04-2171186Plan #001PY 2018

1968 CENTRAL AVENUE - NEEDHAM, MA 02492781-292-2132

Prospect flagsLow assets / participantLow employer contributionCorrective distributions

How to read this page

Total assets (EOY)

$8.4M

+13.1% from 2017

Total participants

590

+0.3% from 2017

Average account balance

$15,430

+11.5% from 2017

Annual return

12.05%

-0.65 pp from 2017

Benchmarks

See 956 peers

Peer group

Industry61 - Educational Services

Plan typeDefined contribution

Participants250-999

Cohort956 peers

Snapshot2018

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

Analytics

Total assets (EOY)

Plan-year ending balance

$13.67M

Not enough data

1 years with asset history on file

Average account balance

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

$36K

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.

385

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.

40.3%

Not enough data

1 years with eligibility data

Contributions (total)

Employer and participant dollars contributed each year

$780K

Not enough data

1 years with contributions on file

Contributions per participant

Average employer and participant contribution per enrolled participant

$2K

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

+10.57%

Not enough data

1 years with return on file

Admin fee / account holder

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

$61

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 3 by compensation

Provider	Service type	Compensation
MASSACHUSETTS MUTUAL LIFE INS. CO.1 year Filed as: MASS MUTUAL LIFE INSURANCE COMPANY Service code 52 · EIN 04-1590850	Indirect Investment Fees	$10,626
THE ANGELL PENSION GROUP, INC.3+ years Filed as: AFC PENSIONS INC. Service code 15 · EIN 04-2484178	Recordkeeping	$6,500
AMERICAN REALTY ADVISORS1 year Filed as: AMERICAN FIDUCIARY CORPORATION Service code 13	Contract Administrator	$2,259

Plan features & details

Pension benefit codes2E2G2K2T3D

Plan features

2E
Profit-sharing
Profit-sharing plan.
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.
2K
Code section 401(m) arrangement
Employee 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.
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

3 tripped

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

$17K

$60 / participant

Investment mgmt$17K100.0%

% of EOY assets

0.205%

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: MAYER HOFFMAN MCCANN PC
Auditor EIN: 431947695
Audit fees: (not subdivided)
Opinion code: Disclaimer

Metric

This plan

Peer set

Industry

Size

Avg account balance

$15,430

$70,083-78.0%

$59,887-74.2%

$55,725-72.3%

Participation rate

85.2%

78.4%+6.8pp

74.7%+10.5pp

70.9%+14.3pp

Annual return

12.05%

3.13%+8.9pp

3.46%+8.6pp

244.93%-232.9pp

Employer contribution / active EE

$740

$2,878-74.3%

$2,722-72.8%

$2,078-64.4%

Participant deferral / active EE

$1,557

$3,079-49.4%

$3,402-54.2%

$3,356-53.6%

Admin fee / account holder

$32

$70-55.0%

$3,591-99.1%

$115-72.5%

Provider

Service type

Compensation

MASSACHUSETTS MUTUAL LIFE INS. CO.1 year

Filed as: MASS MUTUAL LIFE INSURANCE COMPANY

Service code 52 · EIN 04-1590850

Indirect Investment Fees

$10,626

THE ANGELL PENSION GROUP, INC.3+ years

Filed as: AFC PENSIONS INC.

Service code 15 · EIN 04-2484178

Recordkeeping

$6,500

AMERICAN REALTY ADVISORS1 year

Filed as: AMERICAN FIDUCIARY CORPORATION

Service code 13

Contract Administrator

$2,259

WALKER 401(K) RETIREMENT PLAN

Summary metrics

Benchmarksi

Analytics

Service providersi

Plan features & details

Opportunity flagsi

Expense breakdowni

Audit opinioni

WALKER 401(K) RETIREMENT 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