Retirement plan

WOLF-GORDON, INC. PROFIT SHARING PLAN

Name: WOLF-GORDON, INC. - WOLF-GORDON, INC. PROFIT SHARING PLAN (2021) Form 5500
Creator: WOLF-GORDON, INC.
License: https://www.dol.gov/general/disclaim
Keywords: Form 5500, ERISA, retirement plan, WOLF-GORDON, INC. PROFIT SHARING PLAN, WOLF-GORDON, INC.

WOLF-GORDON, INC.EIN 13-2589761Plan #003PY 2021

333 7TH AVE, 6TH FLOOR - NEW YORK, NY 100015004212-255-3300wolfgordon.comLinkedIn51-200 employeesdesign

Prospect flagsHigh feesLow employer contribution

How to read this page

Total assets (EOY)

$14.3M

+14.2% from 2020

Total participants

119

-4.0% from 2020

Average account balance

$144,412

+17.6% from 2020

Annual return

13.03%

-9.93 pp from 2020

Benchmarks

See 9,036 peers

Peer group

Industry42 - Wholesale Trade

Plan typeDefined contribution

Participants25-99

Cohort9,036 peers

Snapshot2021

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

Analytics

Total assets (EOY)

Plan-year ending balance

$17.35M

Not enough data

1 years with asset history on file

Average account balance

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

$148K

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.

117

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.

85.6%

Not enough data

1 years with eligibility data

Contributions (total)

Employer and participant dollars contributed each year

$1.37M

Not enough data

1 years with contributions on file

Contributions per participant

Average employer and participant contribution per enrolled participant

$12K

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

+11.97%

Not enough data

1 years with return on file

Admin fee / account holder

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

$902

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

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

Service providers

Top 3 by compensation

Provider	Service type	Compensation
KESTRA INVESTMENT SERVICES LLC2 years Filed as: KESTRA INVESMENT SERVICES LLC Service code 27 5707 SOUTHWEST PKWY · AUSTIN, TX 78735	Advisory (Plan)	$66,372
GREAT-WEST LIFE & ANNUITY INSURANCE2 years Filed as: ADVISED ASSETS GROUP, LLC Service code 28 8515 EAST ORCHARD ROAD · GREENWOOD VILLAGE, CO 80111	Investment Management	$19,525
ALTIGRO PENSION SERVICES INC2 years Service code 13 3 US HIGHWAY 46 WEST · FAIRFIELD, NJ 070042904	Contract Administrator	$10,514

Plan features & details

Pension benefit codes2E2F2G2J2K2T3D

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.
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.
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 employer contribution
Employer 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

$102K

$1039 / participant

Investment mgmt$99K97.2%
Contract admin$2K2.1%
Other / not subdivided$7500.7%

% of EOY assets

0.712%

all-in expense ratio

Categories reported

2 / 9

subdivided buckets used

Audit opinion

Schedule H Part III

Unqualified opinion

Auditor signed off without reservation - the cleanest possible opinion.

Auditor firm: FORVIS, LLP
Auditor EIN: 440160260
Audit fees: (not subdivided)
Opinion code: Unqualified

Metric

This plan

Peer set

Industry

Size

Avg account balance

$144,412

$99,994+44.4%

$146,643-1.5%

$85,847+68.2%

Participation rate

79.6%

73.1%+6.5pp

80.1%-0.5pp

69.3%+10.3pp

Annual return

13.03%

18.93%-5.9pp

22.75%-9.7pp

318.61%-305.6pp

Employer contribution / active EE

$323

$2,559-87.4%

$4,137-92.2%

$2,565-87.4%

Participant deferral / active EE

$8,978

$4,006+124.1%

$5,506+63.1%

$3,952+127.2%

Admin fee / account holder

$1,028

$7,703-86.6%

$10,280-90.0%

$6,261-83.6%

Provider

Service type

Compensation

KESTRA INVESTMENT SERVICES LLC2 years

Filed as: KESTRA INVESMENT SERVICES LLC

Service code 27

5707 SOUTHWEST PKWY · AUSTIN, TX 78735

Advisory (Plan)

$66,372

GREAT-WEST LIFE & ANNUITY INSURANCE2 years

Filed as: ADVISED ASSETS GROUP, LLC

Service code 28

8515 EAST ORCHARD ROAD · GREENWOOD VILLAGE, CO 80111

Investment Management

$19,525

ALTIGRO PENSION SERVICES INC2 years

Service code 13

3 US HIGHWAY 46 WEST · FAIRFIELD, NJ 070042904

Contract Administrator

$10,514

WOLF-GORDON, INC. PROFIT SHARING PLAN

Summary metrics

Benchmarksi

Analytics

Service providersi

Plan features & details

Opportunity flagsi

Expense breakdowni

Audit opinioni

WOLF-GORDON, INC. 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