Retirement plan

WISCONSIN SCREEN PROCESS, INC. 401(K) PROFIT SHARING PLAN AND TRUST

Name: WISCONSIN SCREEN PROCESS, INC. - WISCONSIN SCREEN PROCESS, INC. 401(K) PROFIT SHARING PLAN AND TRUST (2023) Form 5500
Creator: WISCONSIN SCREEN PROCESS, INC.
License: https://www.dol.gov/general/disclaim
Keywords: Form 5500, ERISA, retirement plan, WISCONSIN SCREEN PROCESS, INC. 401(K) PROFIT SHARING PLAN AND TRUST, WISCONSIN SCREEN PROCESS, INC.

WISCONSIN SCREEN PROCESS, INC.EIN 20-0986244Plan #001PY 2023

P.O. BOX 044168 - RACINE, WI 534047003262-639-0900

Prospect flagsLow returnsHigh fees

How to read this page

Total assets (EOY)

$843K

-16.3% from 2022

Total participants

-23.5% from 2022

Average account balance

$76,658

+14.1% from 2022

Annual return

11.92%

+29.99 pp from 2022

Benchmarks

See 11,284 peers

Peer group

Industry51 - Information

Plan typeDefined contribution

Participants<25

Cohort11,284 peers

Snapshot2023

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

Analytics

Total assets (EOY)

Plan-year ending balance

$967K

Not enough data

1 years with asset history on file

Average account balance

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

$97K

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.

76.9%

Not enough data

1 years with eligibility data

Contributions (total)

Employer and participant dollars contributed each year

$43K

Not enough data

1 years with contributions on file

Contributions per participant

Average employer and participant contribution per enrolled participant

$3K

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

+11.28%

Not enough data

1 years with return on file

Admin fee / account holder

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

$2239

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 codes2E2G2J3D2T2F

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.

Opportunity flags

2 tripped

OpportunityHigh fees
Administrative expenses exceed $300 per participant per year - possible fee-review opportunity. (Recordkeeping / audit / legal; excludes investment management.)
OpportunityLow returns
Annual investment return is in the bottom quintile of the peer cohort.

Expense breakdown

Schedule H Part II

Admin total

$335K

$30462 / participant

Other / not subdivided$335K100.0%

% of EOY assets

39.737%

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

$76,658

$105,160-27.1%

$94,679-19.0%

$139,456-45.0%

Participation rate

81.8%

82.4%-0.5pp

80.8%+1.0pp

80.3%+1.5pp

Annual return

11.92%

38.04%-26.1pp

156.75%-144.8pp

373.45%-361.5pp

Employer contribution / active EE

$1,196

$4,107-70.9%

$3,673-67.4%

$4,753-74.8%

Participant deferral / active EE

$2,682

$7,599-64.7%

$7,417-63.8%

$6,711-60.0%

Admin fee / account holder

$30,462

$8,988+238.9%

$7,233+321.2%

$11,407+167.0%

WISCONSIN SCREEN PROCESS, INC. 401(K) PROFIT SHARING PLAN AND TRUST

Summary metrics

Benchmarksi

Analytics

Service providersi

Plan features & details

Opportunity flagsi

Expense breakdowni

Audit opinioni

WISCONSIN SCREEN PROCESS, INC. 401(K) PROFIT SHARING PLAN AND TRUST

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