Retirement plan

WHIBCO OF NEW JERSEY PORT ELIZABETH PLANT RETIREMENT INCOME SAVINGS PLAN

Name: WHIBCO OF NEW JERSEY, INC. - WHIBCO OF NEW JERSEY PORT ELIZABETH PLANT RETIREMENT INCOME SAVINGS PLAN (2015) Form 5500
Creator: WHIBCO OF NEW JERSEY, INC.
License: https://www.dol.gov/general/disclaim
Keywords: Form 5500, ERISA, retirement plan, WHIBCO OF NEW JERSEY PORT ELIZABETH PLANT RETIREMENT INCOME SAVINGS PLAN, WHIBCO OF NEW JERSEY, INC.

WHIBCO OF NEW JERSEY, INC.EIN 20-0453681Plan #001PY 2015

87 EAST COMMERCE STREET - BRIDGETON, NJ 08302856-455-9200LinkedIn11-50 employeesmining & metals

Other plans on this EIN

1 filing

#005Retirement-$337K assets

Prospect flagsHigh feesLow employer contribution

How to read this page

Total assets (EOY)

$1M

No prior year

Total participants

No prior year

Average account balance

$47,522

No prior year

Annual return

-1.53%

No prior year

Benchmarks

See 1,927 peers

Peer group

Industry21 - Mining, Quarrying, and Oil and Gas Extraction

Plan typeDefined contribution

Participants<25

Cohort1,927 peers

Snapshot2015

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

Analytics

Total assets (EOY)

Plan-year ending balance

$2.44M

Not enough data

1 years with asset history on file

Average account balance

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

$94K

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.

108.3%

Not enough data

1 years with eligibility data

Contributions (total)

Employer and participant dollars contributed each year

$143K

Not enough data

1 years with contributions on file

Contributions per participant

Average employer and participant contribution per enrolled participant

$6K

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

+10.57%

Not enough data

1 years with return on file

Admin fee / account holder

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

$13140

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 codes2E2F2G2J3D3H2T

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 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

$123K

$6810 / participant

Other / not subdivided$123K100.0%

% of EOY assets

11.724%

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

$47,522

$112,300-57.7%

$90,223-47.3%

$125,389-62.1%

Participation rate

100.0%

82.9%+17.1pp

79.0%+21.0pp

83.2%+16.8pp

Annual return

-1.53%

-0.57%-1.0pp

1.31%-2.8pp

282.24%-283.8pp

Employer contribution / active EE

$990

$5,181-80.9%

$4,378-77.4%

$4,866-79.7%

Participant deferral / active EE

$3,404

$6,733-49.4%

$5,792-41.2%

$5,352-36.4%

Admin fee / account holder

$5,572

$10,990-49.3%

$7,406-24.8%

$9,541-41.6%

WHIBCO OF NEW JERSEY PORT ELIZABETH PLANT RETIREMENT INCOME SAVINGS PLAN

Summary metrics

Benchmarksi

Analytics

Service providersi

Plan features & details

Opportunity flagsi

Expense breakdowni

Audit opinioni

WHIBCO OF NEW JERSEY PORT ELIZABETH PLANT RETIREMENT INCOME SAVINGS 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