Retirement plan

WEE BURN COUNTRY CLUB, INC. 401(K) PROFIT SHARING PLAN

Name: WEE BURN COUNTRY CLUB, INC. - WEE BURN COUNTRY CLUB, INC. 401(K) PROFIT SHARING PLAN (2020) Form 5500
Creator: WEE BURN COUNTRY CLUB, INC.
License: https://www.dol.gov/general/disclaim
Keywords: Form 5500, ERISA, retirement plan, WEE BURN COUNTRY CLUB, INC. 401(K) PROFIT SHARING PLAN, WEE BURN COUNTRY CLUB, INC.

WEE BURN COUNTRY CLUB, INC.EIN 06-0607166Plan #002PY 2020

P.O. BOX 1046 - DARIEN, CT 06820203-655-1477weeburn.comLinkedIn51-200 employeeshospitality

Prospect flagsLow participation

How to read this page

Total assets (EOY)

$9.4M

+17.6% from 2019

Total participants

113

+10.8% from 2019

Average account balance

$144,349

+6.8% from 2019

Annual return

16.18%

-5.87 pp from 2019

Benchmarks

See 2,663 peers

Peer group

Industry71 - Arts, Entertainment, and Recreation

Plan typeDefined contribution

Participants25-99

Cohort2,663 peers

Snapshot2020

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

Analytics

Total assets (EOY)

Plan-year ending balance

$10.44M

Not enough data

1 years with asset history on file

Average account balance

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

$123K

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.

35.6%

Not enough data

1 years with eligibility data

Contributions (total)

Employer and participant dollars contributed each year

$668K

Not enough data

1 years with contributions on file

Contributions per participant

Average employer and participant contribution per enrolled participant

$3K

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

+19.60%

Not enough data

1 years with return on file

Admin fee / account holder

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

$12781

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

Top 1 by compensation

Provider	Service type	Compensation
NEWPORT GROUP, INC.6+ years Service code 15 · EIN 27-2037969	Recordkeeping	$5,296

Plan features & details

Pension benefit codes2E2F2G2J2T3D

Plan features

2E
Profit-sharing
Profit-sharing plan.
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 participation
Participation rate is below 70% (account-balance holders / active employees) - enrollment or auto-enroll opportunity.

Expense breakdown

Schedule H Part II

Admin total

$5K

$54 / participant

Contract admin$5K100.0%

% of EOY assets

0.056%

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: CONDON, OMEARA, MCGINTY, & DONNELLY
Auditor EIN: 133628255
Audit fees: (not subdivided)
Opinion code: Disclaimer

Metric

This plan

Peer set

Industry

Size

Avg account balance

$144,349

$53,774+168.4%

$134,162+7.6%

$79,856+80.8%

Participation rate

51.0%

58.8%-7.8pp

72.2%-21.2pp

69.6%-18.6pp

Annual return

16.18%

19.01%-2.8pp

36.35%-20.2pp

31.71%-15.5pp

Employer contribution / active EE

$1,602

$1,322+21.2%

$3,705-56.8%

$2,471-35.2%

Participant deferral / active EE

$3,567

$2,420+47.4%

$3,500+1.9%

$3,741-4.6%

Admin fee / account holder

$81

$3,985-98.0%

$6,685-98.8%

$5,306-98.5%

Provider

Service type

Compensation

NEWPORT GROUP, INC.6+ years

Service code 15 · EIN 27-2037969

Recordkeeping

$5,296

WEE BURN COUNTRY CLUB, INC. 401(K) PROFIT SHARING PLAN

Summary metrics

Benchmarksi

Analytics

Service providersi

Plan features & details

Opportunity flagsi

Expense breakdowni

Audit opinioni

WEE BURN COUNTRY CLUB, INC. 401(K) PROFIT SHARING 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