Retirement plan

WHITMORE-WORSLEY, INC. SECTION 401(K) PROFIT SHARING PLAN

Name: WHITMORE-WORSELY, INC. - WHITMORE-WORSLEY, INC. SECTION 401(K) PROFIT SHARING PLAN (2017) Form 5500
Creator: WHITMORE-WORSELY, INC.
License: https://www.dol.gov/general/disclaim
Keywords: Form 5500, ERISA, retirement plan, WHITMORE-WORSLEY, INC. SECTION 401(K) PROFIT SHARING PLAN, WHITMORE-WORSELY, INC.

WHITMORE-WORSELY, INC.EIN 11-1571994Plan #002PY 2017

4 HARDSCRABBLE CT - EAST HAMPTON, NY 11937631-329-8077LinkedIn11-50 employees

Other plans on this EIN

1 filing

#001Retirement-$1.1M assets

Prospect flagsHigh feesLow participationLow participant contribution

How to read this page

Total assets (EOY)

$4.8M

+26.9% from 2016

Total participants

190

+442.9% from 2016

Average account balance

$144,037

+34.6% from 2016

Annual return

25.38%

+20.24 pp from 2016

Benchmarks

See 411 peers

Peer group

Industry11 - Agriculture, Forestry, Fishing and Hunting

Plan typeDefined contribution

Participants100-249

Cohort411 peers

Snapshot2017

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

Analytics

Total assets (EOY)

Plan-year ending balance

$4.31M

Not enough data

1 years with asset history on file

Average account balance

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

$38K

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.

114

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.

43.1%

Not enough data

1 years with eligibility data

Contributions (total)

Employer and participant dollars contributed each year

$223K

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

+8.16%

Not enough data

1 years with return on file

Admin fee / account holder

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

$167

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

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Service providers

Top 10 of 15 by compensation

Provider	Service type	Compensation
T ROWE PRICE RPS INC1 year Filed as: T. ROWE PRICE RPS, INC. Service code 15 · EIN 52-1230993	Recordkeeping	$10,834
ARTISAN PARTNERS1 year Filed as: ARTISAN FUNDS Service code 28 · EIN 30-0551775	Investment Management	$0
FIDELITY INVESTMENTS INSTITUTIONAL1 year Filed as: FIDELITY Service code 28 · EIN 04-2647786	Investment Management	$0
FIRST EAGLE1 year Filed as: FIRST EAGLE FUNDS Service code 28 · EIN 13-3392291	Investment Management	$0
FRANKLIN TEMPLETON1 year Service code 28 · EIN 13-2670991	Investment Management	$0
INVESCO1 year Service code 28	Investment Management	$0
INVESCO1 year Filed as: INVESTCO Service code 28 · EIN 26-4521338	Investment Management	$0
MFS INVESTMENT MANAGEMENT1 year Filed as: MFS Service code 28 · EIN 04-2747644	Investment Management	$0
OPPENHEIMER1 year Filed as: OPPENHEIMER FUNDS Service code 28 · EIN 13-2527171	Investment Management	$0
PARNASSUS1 year Service code 28 · EIN 94-6579180	Investment Management	$0

Plan features & details

Pension benefit codes2A2E2G2J2K3D

Plan features

2A
Age/service weighted or new comparability plan
Age/service weighted plan where allocations are based on age service or age and service; or new comparability or similar plan where allocations are based on participant classifications consisting entirely or predominantly of highly compensated employees or the plan provides an additional allocation rate on compensation above a specified threshold that exceeds the permitted disparity limits of Code section 401(l).
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.
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.
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.
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 participation
Participation rate is below 70% (account-balance holders / active employees) - enrollment or auto-enroll opportunity.
OpportunityLow participant contribution
Participant contribution per participant is in the bottom quintile of the peer cohort.
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

$11K

$59 / participant

Other / not subdivided$11K100.0%

% of EOY assets

0.228%

all-in expense ratio

Categories reported

0 / 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: TO BE DETERMINED
Auditor EIN: 111571994
Audit fees: (not subdivided)
Opinion code: Disclaimer

Metric

This plan

Peer set

Industry

Size

Avg account balance

$144,037

$54,368+164.9%

$117,039+23.1%

$62,293+131.2%

Participation rate

14.7%

64.9%-50.3pp

77.2%-62.5pp

69.5%-54.8pp

Annual return

25.38%

21.77%+3.6pp

18.95%+6.4pp

28.90%-3.5pp

Employer contribution / active EE

$1,692-100.0%

$3,785-100.0%

$2,042-100.0%

Participant deferral / active EE

$838

$2,269-63.1%

$3,929-78.7%

$3,169-73.5%

Admin fee / account holder

$328

$493-33.5%

$5,974-94.5%

$479-31.5%

Provider

Service type

Compensation

T ROWE PRICE RPS INC1 year

Filed as: T. ROWE PRICE RPS, INC.

Service code 15 · EIN 52-1230993

Recordkeeping

$10,834

ARTISAN PARTNERS1 year

Filed as: ARTISAN FUNDS

Service code 28 · EIN 30-0551775

Investment Management

FIDELITY INVESTMENTS INSTITUTIONAL1 year

Filed as: FIDELITY

Service code 28 · EIN 04-2647786

Investment Management

FIRST EAGLE1 year

Filed as: FIRST EAGLE FUNDS

Service code 28 · EIN 13-3392291

Investment Management

FRANKLIN TEMPLETON1 year

Service code 28 · EIN 13-2670991

Investment Management

INVESCO1 year

Service code 28

Investment Management

INVESCO1 year

Filed as: INVESTCO

Service code 28 · EIN 26-4521338

Investment Management

MFS INVESTMENT MANAGEMENT1 year

Filed as: MFS

Service code 28 · EIN 04-2747644

Investment Management

OPPENHEIMER1 year

Filed as: OPPENHEIMER FUNDS

Service code 28 · EIN 13-2527171

Investment Management

PARNASSUS1 year

Service code 28 · EIN 94-6579180

Investment Management

WHITMORE-WORSLEY, INC. SECTION 401(K) PROFIT SHARING PLAN

Summary metrics

Benchmarksi

Analytics

Service providersi

Plan features & details

Opportunity flagsi

Expense breakdowni

Audit opinioni

WHITMORE-WORSLEY, INC. SECTION 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