Retirement plan

QUIRK WIRE CO., INC. EMPLOYEE STOCK OWNERSHIP PLAN

Name: QUIRK WIRE COMPANY, INC. - QUIRK WIRE CO., INC. EMPLOYEE STOCK OWNERSHIP PLAN (2018) Form 5500
Creator: QUIRK WIRE COMPANY, INC.
License: https://www.dol.gov/general/disclaim
Keywords: Form 5500, ERISA, retirement plan, QUIRK WIRE CO., INC. EMPLOYEE STOCK OWNERSHIP PLAN, QUIRK WIRE COMPANY, INC.

QUIRK WIRE COMPANY, INC.EIN 04-2637381Plan #002PY 2018

146 EAST MAIN STREET - WEST BROOKFIELD, MA 01585508-867-3155quirkwire.comLinkedIn11-50 employeesbusiness supplies and equipment

Other plans on this EIN

1 filing

#001Retirement-$5.9M assets

Prospect flagsHigh fees

How to read this page

Total assets (EOY)

$11.3M

+1.9% from 2017

Total participants

+6.1% from 2017

Average account balance

$217,546

-4.0% from 2017

Annual return

11.35%

+4.07 pp from 2017

Benchmarks

See 14,948 peers

Peer group

Industry33 - Manufacturing

Plan typeDefined contribution

Participants25-99

Cohort14,948 peers

Snapshot2018

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

Analytics

Total assets (EOY)

Plan-year ending balance

$10.67M

Not enough data

1 years with asset history on file

Average account balance

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

$167K

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.

100.0%

Not enough data

1 years with eligibility data

Contributions (total)

Employer and participant dollars contributed each year

$562K

Not enough data

1 years with contributions on file

Contributions per participant

Average employer and participant contribution per enrolled participant

$16K

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

-1.53%

Not enough data

1 years with return on file

Admin fee / account holder

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

$15973

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 codes2I2P2Q3I

Plan features

2I
Stock bonus
Stock bonus plan.
2P
Leveraged ESOP
Employee stock ownership plan that acquires employer securities with borrowed money or other debt-financing techniques.
2Q
ESOP maintained by an S corporation
The employer maintaining this ESOP is an S corporation.
3I
Employer securities investment required
Plan requiring that all or part of employer contributions be invested and held at least for a limited period in employer securities.

Opportunity flags

1 tripped

OpportunityHigh fees
Administrative expenses exceed $300 per participant per year - possible fee-review opportunity. (Recordkeeping / audit / legal; excludes investment management.)

Expense breakdown

Schedule H Part II

Admin total

$1.7M

$48400 / participant

Other / not subdivided$2M100.0%

% of EOY assets

14.975%

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

$217,546

$62,583+247.6%

$76,767+183.4%

$64,173+239.0%

Participation rate

100.0%

72.8%+27.2pp

77.0%+23.0pp

69.6%+30.4pp

Annual return

11.35%

-1.95%+13.3pp

2.43%+8.9pp

7.63%+3.7pp

Employer contribution / active EE

$18,279

$1,832+897.7%

$2,485+635.5%

$2,381+667.8%

Participant deferral / active EE

$3,145-100.0%

$3,852-100.0%

$3,470-100.0%

Admin fee / account holder

$32,577

$4,667+598.0%

$6,675+388.0%

$4,887+566.5%

QUIRK WIRE CO., INC. EMPLOYEE STOCK OWNERSHIP PLAN

Summary metrics

Benchmarksi

Analytics

Service providersi

Plan features & details

Opportunity flagsi

Expense breakdowni

Audit opinioni

QUIRK WIRE CO., INC. EMPLOYEE STOCK OWNERSHIP 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