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 (2023) 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 2023

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

Prospect flagsHigh feesLow participation

How to read this page

Total assets (EOY)

$9.1M

+12.2% from 2022

Total participants

152

-20.0% from 2022

Average account balance

$107,939

+10.9% from 2022

Annual return

19.44%

+38.34 pp from 2022

Benchmarks

See 750 peers

Peer group

Industry71 - Arts, Entertainment, and Recreation

Plan typeDefined contribution

Participants100-249

Cohort750 peers

Snapshot2023

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

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 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.
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

$1.2M

$9264 / participant

Other / not subdivided$1M100.0%

% of EOY assets

13.384%

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

$107,939

$48,432+122.9%

$121,210-10.9%

$71,529+50.9%

Participation rate

48.1%

54.3%-6.2pp

69.5%-21.5pp

67.9%-19.8pp

Annual return

19.44%

23.28%-3.8pp

987.41%-968.0pp

28.97%-9.5pp

Employer contribution / active EE

$1,544

$1,493+3.4%

$4,171-63.0%

$2,590-40.4%

Participant deferral / active EE

$3,173

$2,756+15.1%

$4,084-22.3%

$4,291-26.1%

Admin fee / account holder

$14,447

$1,845+683.2%

$5,647+155.8%

$1,588+809.5%

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