Retirement plan

WESTVIEW CAPITAL MANAGEMENT CO., INC. 401(K) PLAN

Name: WESTVIEW CAPITAL MANAGEMENT CO., INC. - WESTVIEW CAPITAL MANAGEMENT CO., INC. 401(K) PLAN (2019) Form 5500
Creator: WESTVIEW CAPITAL MANAGEMENT CO., INC.
License: https://www.dol.gov/general/disclaim
Keywords: Form 5500, ERISA, retirement plan, WESTVIEW CAPITAL MANAGEMENT CO., INC. 401(K) PLAN, WESTVIEW CAPITAL MANAGEMENT CO., INC.

WESTVIEW CAPITAL MANAGEMENT CO., INC.EIN 20-1507891Plan #001PY 2019

125 HIGH STREET, 26TH FLOOR - BOSTON, MA 02110617-261-2051

Prospect flagsLow employer contributionLow fidelity bond

How to read this page

Total assets (EOY)

$2.7M

+39.4% from 2018

Total participants

+27.3% from 2018

Average account balance

$205,355

+18.0% from 2018

Annual return

26.57%

+33.63 pp from 2018

Benchmarks

See 31,989 peers

Peer group

Industry52 - Finance and Insurance

Plan typeDefined contribution

Participants<25

Cohort31,989 peers

Snapshot2019

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

Analytics

Total assets (EOY)

Plan-year ending balance

$6.67M

Not enough data

1 years with asset history on file

Average account balance

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

$334K

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.

85.7%

Not enough data

1 years with eligibility data

Contributions (total)

Employer and participant dollars contributed each year

$403K

Not enough data

1 years with contributions on file

Contributions per participant

Average employer and participant contribution per enrolled participant

$19K

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

+19.31%

Not enough data

1 years with return on file

Admin fee / account holder

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

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 codes2F2G2J2T3D

Plan features

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

OpportunityLow employer contribution
Employer contribution per participant is in the bottom quintile of the peer cohort.
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

$205,355

$184,000+11.6%

$162,185+26.6%

$152,909+34.3%

Participation rate

92.3%

88.5%+3.8pp

87.6%+4.8pp

82.5%+9.9pp

Annual return

26.57%

150.80%-124.2pp

115.61%-89.0pp

345.46%-318.9pp

Employer contribution / active EE

$6,370-100.0%

$5,613-100.0%

$4,764-100.0%

Participant deferral / active EE

$18,923

$8,033+135.6%

$7,297+159.3%

$5,851+223.4%

Admin fee / account holder

$13,124-100.0%

$10,844-100.0%

$11,601-100.0%

WESTVIEW CAPITAL MANAGEMENT CO., INC. 401(K) PLAN

Summary metrics

Benchmarksi

Analytics

Service providersi

Plan features & details

Opportunity flagsi

Audit opinioni

WESTVIEW CAPITAL MANAGEMENT CO., INC. 401(K) 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