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 (2022) 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 2022

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

Prospect flagsLow returnsLow participation

How to read this page

Total assets (EOY)

$8.1M

-20.4% from 2021

Total participants

190

+91.9% from 2021

Average account balance

$97,338

-31.0% from 2021

Annual return

-18.90%

-31.25 pp from 2021

Benchmarks

See 638 peers

Peer group

Industry71 - Arts, Entertainment, and Recreation

Plan typeDefined contribution

Participants100-249

Cohort638 peers

Snapshot2022

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

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Service providers

Top 1 by compensation

Provider	Service type	Compensation
NEWPORT GROUP, INC.8+ years Service code 15 · EIN 27-2037969	Recordkeeping	$8,833

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

2 tripped

OpportunityLow participation
Participation rate is below 70% (account-balance holders / active employees) - enrollment or auto-enroll opportunity.
OpportunityLow returns
Annual investment return is in the bottom quintile of the peer cohort.

Expense breakdown

Schedule H Part II

Admin total

$9K

$52 / participant

Contract admin$9K100.0%

% of EOY assets

0.109%

all-in expense ratio

Categories reported

1 / 9

subdivided buckets used

Audit opinion

Schedule H Part III

Unqualified opinion

Auditor signed off without reservation - the cleanest possible opinion.

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

Metric

This plan

Peer set

Industry

Size

Avg account balance

$97,338

$45,602+113.5%

$117,529-17.2%

$66,949+45.4%

Participation rate

37.1%

57.6%-20.6pp

70.6%-33.5pp

69.8%-32.8pp

Annual return

-18.90%

-16.74%-2.2pp

29.77%-48.7pp

1.57%-20.5pp

Employer contribution / active EE

$1,092

$1,579-30.8%

$4,179-73.9%

$2,545-57.1%

Participant deferral / active EE

$2,385

$2,845-16.2%

$4,072-41.4%

$4,239-43.7%

Admin fee / account holder

$106

$661-83.9%

$5,645-98.1%

$594-82.1%

Provider

Service type

Compensation

NEWPORT GROUP, INC.8+ years

Service code 15 · EIN 27-2037969

Recordkeeping

$8,833

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