Retirement plan

FOUR WINDS 401(K) SAVINGS AND INVESTMENT PLAN

Name: FOUR WINDS, INC. - FOUR WINDS 401(K) SAVINGS AND INVESTMENT PLAN (2018) Form 5500
Creator: FOUR WINDS, INC.
License: https://www.dol.gov/general/disclaim
Keywords: Form 5500, ERISA, retirement plan, FOUR WINDS 401(K) SAVINGS AND INVESTMENT PLAN, FOUR WINDS, INC.

FOUR WINDS, INC.EIN 13-2919257Plan #002PY 2018

800 CROSS RIVER ROAD - KATONAH, NY 105363549914-763-8151LinkedIn1-10 employeesairlines/aviation

Other plans on this EIN

1 filing

#001Retirement-$42.2M assets

Prospect flagsLow participationLow employer contribution

How to read this page

Total assets (EOY)

$31.8M

-12.7% from 2017

Total participants

1,117

-5.2% from 2017

Average account balance

$64,821

+1.1% from 2017

Annual return

-5.43%

-22.04 pp from 2017

Benchmarks

See 1,316 peers

Peer group

Industry62 - Health Care and Social Assistance

Plan typeDefined contribution

Participants1,000-4,999

Cohort1,316 peers

Snapshot2018

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

Analytics

Total assets (EOY)

Plan-year ending balance

$42.20M

Not enough data

1 years with asset history on file

Average account balance

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

$82K

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.

512

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.

37.1%

Not enough data

1 years with eligibility data

Contributions (total)

Employer and participant dollars contributed each year

$2.42M

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

+11.03%

Not enough data

1 years with return on file

Admin fee / account holder

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

$287

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 4 by compensation

Provider	Service type	Compensation
PRINCIPAL LIFE INSURANCE COMPANY2 years Service code 13 · EIN 42-0127290	Contract Administrator	$138,095
PARK AVENUE SECURITIES LLC1 year Service code 49 · EIN 13-4023176	Other Services	$53,314
SIDE BY SIDE FINANCIALS, INC.1 year Service code 13 · EIN 27-3232902	Contract Administrator	$6,421
WILSHIRE ASSOCIATES INCORPORATED1 year Service code 27 · EIN 95-2755361	Advisory (Plan)	$0

Plan features & details

Pension benefit codes2E2F2G2J2T3D3H

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.
3H
Controlled group member
Plan sponsor(s) is (are) a member(s) of a controlled group (Code sections 414(b) (c) or (m)).

Opportunity flags

2 tripped

OpportunityLow participation
Participation rate is below 70% (account-balance holders / active employees) - enrollment or auto-enroll opportunity.
OpportunityLow employer contribution
Employer contribution per participant is in the bottom quintile of the peer cohort.

Expense breakdown

Schedule H Part II

Admin total

$138K

$136 / participant

Contract admin$138K100.0%

% of EOY assets

0.435%

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: EISNERAMPER
Auditor EIN: 131639826
Audit fees: (not subdivided)
Opinion code: Disclaimer

Metric

This plan

Peer set

Industry

Size

Avg account balance

$64,821

$45,382+42.8%

$154,111-57.9%

$75,289-13.9%

Participation rate

38.0%

65.9%-27.9pp

83.0%-45.0pp

72.4%-34.4pp

Annual return

-5.43%

-0.47%-5.0pp

735.18%-740.6pp

-0.04%-5.4pp

Employer contribution / active EE

$1,533-100.0%

$5,298-100.0%

$2,405-100.0%

Participant deferral / active EE

$2,029

$2,384-14.9%

$5,081-60.1%

$3,739-45.7%

Admin fee / account holder

$282

$89+215.5%

$13,411-97.9%

$102+175.5%

Provider

Service type

Compensation

PRINCIPAL LIFE INSURANCE COMPANY2 years

Service code 13 · EIN 42-0127290

Contract Administrator

$138,095

PARK AVENUE SECURITIES LLC1 year

Service code 49 · EIN 13-4023176

Other Services

$53,314

SIDE BY SIDE FINANCIALS, INC.1 year

Service code 13 · EIN 27-3232902

Contract Administrator

$6,421

WILSHIRE ASSOCIATES INCORPORATED1 year

Service code 27 · EIN 95-2755361

Advisory (Plan)

FOUR WINDS 401(K) SAVINGS AND INVESTMENT PLAN

Summary metrics

Benchmarksi

Analytics

Service providersi

Plan features & details

Opportunity flagsi

Expense breakdowni

Audit opinioni

FOUR WINDS 401(K) SAVINGS AND INVESTMENT 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