Retirement plan

WESTERN ENTERPRISES SUPPLY INC. 401K PROFIT SHARING PLAN AND TRUST

Name: WESTERN ENTERPRISES SUPPLY INC. - WESTERN ENTERPRISES SUPPLY INC. 401K PROFIT SHARING PLAN AND TRUST (2020) Form 5500
Creator: WESTERN ENTERPRISES SUPPLY INC.
License: https://www.dol.gov/general/disclaim
Keywords: Form 5500, ERISA, retirement plan, WESTERN ENTERPRISES SUPPLY INC. 401K PROFIT SHARING PLAN AND TRUST, WESTERN ENTERPRISES SUPPLY INC.

WESTERN ENTERPRISES SUPPLY INC.EIN 20-1941744Plan #001PY 2020

2965 DURAHART STREET - RIVERSIDE, CA 92507951-541-1968westernenterprisessupply.comLinkedIn1-10 employees

Prospect flagsLow assets / participantLow participant contribution

How to read this page

Total assets (EOY)

$208K

+18.3% from 2019

Total participants

0.0% from 2019

Average account balance

$23,079

+18.3% from 2019

Annual return

13.87%

-7.53 pp from 2019

Benchmarks

See 22,194 peers

Peer group

Industry42 - Wholesale Trade

Plan typeDefined contribution

Participants<25

Cohort22,194 peers

Snapshot2020

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

Analytics

Total assets (EOY)

Plan-year ending balance

$265K

Not enough data

1 years with asset history on file

Average account balance

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

$44K

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

$42K

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

+9.31%

Not enough data

1 years with return on file

Admin fee / account holder

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

$4886

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 codes2E2G2J2T3D

Plan features

2E
Profit-sharing
Profit-sharing plan.
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 participant contribution
Participant contribution per participant is in the bottom quintile of the peer cohort.
OpportunityLow assets / participant
Assets per participant are in the bottom quintile of the peer cohort - savings-rate / match opportunity.

Expense breakdown

Schedule H Part II

Admin total

$2K

$203 / participant

Other / not subdivided$2K100.0%

% of EOY assets

1.075%

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

$23,079

$162,821-85.8%

$133,978-82.8%

$158,982-85.5%

Participation rate

72.7%

83.2%-10.5pp

79.8%-7.1pp

82.0%-9.2pp

Annual return

13.87%

41.95%-28.1pp

45.10%-31.2pp

302.99%-289.1pp

Employer contribution / active EE

$4,976-100.0%

$3,919-100.0%

$4,763-100.0%

Participant deferral / active EE

$707

$5,910-88.0%

$5,047-86.0%

$5,983-88.2%

Admin fee / account holder

$248

$11,742-97.9%

$8,930-97.2%

$11,252-97.8%

WESTERN ENTERPRISES SUPPLY INC. 401K PROFIT SHARING PLAN AND TRUST

Summary metrics

Benchmarksi

Analytics

Service providersi

Plan features & details

Opportunity flagsi

Expense breakdowni

Audit opinioni

WESTERN ENTERPRISES SUPPLY INC. 401K 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