Retirement plan

WESTCHESTER TREE LIFE 401(K) RETIREMENT PLAN

Name: WESTCHESTER TREE LIFE, INC. - WESTCHESTER TREE LIFE 401(K) RETIREMENT PLAN (2016) Form 5500
Creator: WESTCHESTER TREE LIFE, INC.
License: https://www.dol.gov/general/disclaim
Keywords: Form 5500, ERISA, retirement plan, WESTCHESTER TREE LIFE 401(K) RETIREMENT PLAN, WESTCHESTER TREE LIFE, INC.

WESTCHESTER TREE LIFE, INC.EIN 13-3467594Plan #001PY 2016

480-A KING STREET - CHAPPAQUA, NY 10514914-238-0069westchestertreelife.comLinkedIn11-50 employeesfinancial services

Prospect flagsLow assets / participantLow fidelity bond

How to read this page

Total assets (EOY)

$287K

+109.5% from 2015

Total participants

0.0% from 2015

Average account balance

$14,338

+99.0% from 2015

Annual return

9.20%

+15.15 pp from 2015

Benchmarks

See 35,835 peers

Peer group

Industry23 - Construction

Plan typeDefined contribution

Participants<25

Cohort35,835 peers

Snapshot2016

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

Analytics

Total assets (EOY)

Plan-year ending balance

$2.10M

Not enough data

1 years with asset history on file

Average account balance

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

$47K

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.

104.7%

Not enough data

1 years with eligibility data

Contributions (total)

Employer and participant dollars contributed each year

$220K

Not enough data

1 years with contributions on file

Contributions per participant

Average employer and participant contribution per enrolled participant

$5K

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

+11.16%

Not enough data

1 years with return on file

Admin fee / account holder

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

$536

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 codes2E2F2G2J3D

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.
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 assets / participant
Assets per participant are in the bottom quintile of the peer cohort - savings-rate / match opportunity.
ComplianceLow fidelity bond
Fidelity bond coverage is below the ERISA section 412 10%-of-assets minimum (capped at $500,000).

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

$14,338

$99,345-85.6%

$84,753-83.1%

$273,972-94.8%

Participation rate

90.9%

80.7%+10.2pp

76.6%+14.3pp

83.0%+7.9pp

Annual return

9.20%

22.93%-13.7pp

22.78%-13.6pp

41.46%-32.3pp

Employer contribution / active EE

$1,855

$4,214-56.0%

$3,574-48.1%

$4,869-61.9%

Participant deferral / active EE

$4,384

$4,270+2.7%

$3,712+18.1%

$5,287-17.1%

Admin fee / account holder

$6,645-100.0%

$5,333-100.0%

$10,133-100.0%

WESTCHESTER TREE LIFE 401(K) RETIREMENT PLAN

Summary metrics

Benchmarksi

Analytics

Service providersi

Plan features & details

Opportunity flagsi

Audit opinioni

WESTCHESTER TREE LIFE 401(K) RETIREMENT PLAN

Summary metrics

Benchmarksi

Analytics

Service providersi

Plan features & details

Opportunity flagsi

Audit opinioni

Benchmarks

Service providers

Opportunity flags

Audit opinion

Benchmarks

Service providers

Opportunity flags

Audit opinion