Retirement plan

MICHELLE WIE INTERNATIONAL ENTERPRISES, INC. 401(K) PROFIT SHARING PLAN (001)

Name: MICHELLE WIE INTERNATIONAL ENTERPRISES, INC. - MICHELLE WIE INTERNATIONAL ENTERPRISES, INC. 401(K) PROFIT SHARING PLAN (001) (2023) Form 5500
Creator: MICHELLE WIE INTERNATIONAL ENTERPRISES, INC.
License: https://www.dol.gov/general/disclaim
Keywords: Form 5500, ERISA, retirement plan, MICHELLE WIE INTERNATIONAL ENTERPRISES, INC. 401(K) PROFIT SHARING PLAN (001), MICHELLE WIE INTERNATIONAL ENTERPRISES, INC.

MICHELLE WIE INTERNATIONAL ENTERPRISES, INC.EIN 20-3473018Plan #001PY 2023

1340 GILFORD POINT LANE - CHAMPIONS GATE, FL 33896808-524-2255

Prospect flagsHigh feesHigh assets / participant

How to read this page

Total assets (EOY)

$4.6M

+18.1% from 2022

Total participants

0.0% from 2022

Average account balance

$1,537,814

+18.1% from 2022

Annual return

16.39%

+33.58 pp from 2022

Benchmarks

See 9,751 peers

Peer group

Industry71 - Arts, Entertainment, and Recreation

Plan typeDefined contribution

Participants<25

Cohort9,751 peers

Snapshot2023

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

Analytics

Total assets (EOY)

Plan-year ending balance

$6.17M

Not enough data

1 years with asset history on file

Average account balance

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

$2.1M

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.

300.0%

Not enough data

1 years with eligibility data

Contributions (total)

Employer and participant dollars contributed each year

$70K

Not enough data

1 years with contributions on file

Contributions per participant

Average employer and participant contribution per enrolled participant

$70K

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

+12.38%

Not enough data

1 years with return on file

Admin fee / account holder

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

$16953

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 codes2E2J3D

Plan features

2E
Profit-sharing
Profit-sharing plan.
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

OpportunityHigh fees
Administrative expenses exceed $300 per participant per year - possible fee-review opportunity. (Recordkeeping / audit / legal; excludes investment management.)
InformationalHigh assets / participant
Assets per participant exceed $250,000 - top-decile high-value plan.

Expense breakdown

Schedule H Part II

Admin total

$37K

$12370 / participant

Other / not subdivided$37K100.0%

% of EOY assets

0.804%

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

$1,537,814

$156,963+879.7%

$121,204+1168.8%

$139,466+1002.6%

Participation rate

100.0%

76.5%+23.5pp

69.5%+30.5pp

80.3%+19.7pp

Annual return

16.39%

1476.75%-1460.4pp

987.18%-970.8pp

373.66%-357.3pp

Employer contribution / active EE

$14,500

$5,544+161.5%

$4,170+247.7%

$4,754+205.0%

Participant deferral / active EE

$7,500

$4,848+54.7%

$4,083+83.7%

$6,712+11.7%

Admin fee / account holder

$12,370

$6,953+77.9%

$5,651+118.9%

$11,409+8.4%

MICHELLE WIE INTERNATIONAL ENTERPRISES, INC. 401(K) PROFIT SHARING PLAN (001)

Summary metrics

Benchmarksi

Analytics

Service providersi

Plan features & details

Opportunity flagsi

Expense breakdowni

Audit opinioni

MICHELLE WIE INTERNATIONAL ENTERPRISES, INC. 401(K) PROFIT SHARING PLAN (001)

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