Retirement plan

WALNUT CREEK PLANING, LTD. 401(K) PLAN

Name: WALNUT CREEK PLANING, LTD. - WALNUT CREEK PLANING, LTD. 401(K) PLAN (2016) Form 5500
Creator: WALNUT CREEK PLANING, LTD.
License: https://www.dol.gov/general/disclaim
Keywords: Form 5500, ERISA, retirement plan, WALNUT CREEK PLANING, LTD. 401(K) PLAN, WALNUT CREEK PLANING, LTD.

WALNUT CREEK PLANING, LTD.EIN 20-8214537Plan #001PY 2016

5778 SR 515 - MILLERSBURG, OH 44654330-893-3244walnutcreekplaning.comLinkedIn51-200 employeesbuilding materials

Prospect flagsLow assets / participantLow fidelity bond

How to read this page

Total assets (EOY)

$1.1M

+64.4% from 2015

Total participants

122

+3.4% from 2015

Average account balance

$11,727

+46.2% from 2015

Annual return

16.18%

-15.99 pp from 2015

Benchmarks

See 1,948 peers

Peer group

Industry32 - Manufacturing

Plan typeDefined contribution

Participants100-249

Cohort1,948 peers

Snapshot2016

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

Analytics

Total assets (EOY)

Plan-year ending balance

$6.83M

Not enough data

1 years with asset history on file

Average account balance

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

$53K

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.

129

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.

73.7%

Not enough data

1 years with eligibility data

Contributions (total)

Employer and participant dollars contributed each year

$728K

Not enough data

1 years with contributions on file

Contributions per participant

Average employer and participant contribution per enrolled participant

$5K

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

+12.76%

Not enough data

1 years with return on file

Admin fee / account holder

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

$188

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

1 years with F_SCH_H allocation on file

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

Service providers

Top 2 by compensation

Provider	Service type	Compensation
SUMMIT FINANCIAL CORPORATION1 year Filed as: SUMMIT BENEFIT SOLUTIONS Service code 15 · EIN 34-1888990 630 LEXINGTON AVENUE · MANSFIELD, OH 44907	Recordkeeping	$5,129
HUMMEL WEALTH MANAGEMENT1 year Service code 26 · EIN 47-2613993 P.O. BOX 250 · BERLIN, OH 44610	Advisory (Participants)	$4,689

Plan features & details

Pension benefit codes2E2J2K2F2G3D3B

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.
2K
Code section 401(m) arrangement
Employee contributions are allocated to separate accounts under the plan or employer contributions are based in whole or in part on employee deferrals or contributions to the plan. Not applicable to 401(k) plans with only QNECs and/or QMACs or to 403(b)(1) 403(b)(7) or 408 arrangements.
3B
Plan covering self-employed individuals
Plan covering self-employed individuals.
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 assets / participant
Assets per participant are in the bottom quintile of the peer cohort - savings-rate / match opportunity.
ComplianceLow fidelity bond
Fidelity bond coverage is below the ERISA section 412 10%-of-assets minimum (capped at $500,000).

Expense breakdown

Schedule H Part II

Admin total

$11K

$101 / participant

Investment mgmt$5K41.0%
Contract admin$5K44.9%
Other / not subdivided$2K14.1%

% of EOY assets

1.082%

all-in expense ratio

Categories reported

2 / 9

subdivided buckets used

Audit opinion

Schedule H Part III

Disclaimer opinion

Auditor declined to express an opinion - usually a 103(a)(3)(C) limited-scope election.

Auditor firm: REA & ASSOCIATES, INC.
Auditor EIN: 341310124
Audit fees: (not subdivided)
Opinion code: Disclaimer

Metric

This plan

Peer set

Industry

Size

Avg account balance

$11,727

$56,640-79.3%

$78,002-85.0%

$55,167-78.7%

Participation rate

71.7%

73.3%-1.6pp

75.5%-3.8pp

69.0%+2.7pp

Annual return

16.18%

2868.48%-2852.3pp

425.99%-409.8pp

169.23%-153.1pp

Employer contribution / active EE

$1,291

$1,724-25.1%

$2,470-47.7%

$1,963-34.2%

Participant deferral / active EE

$1,692

$2,778-39.1%

$3,497-51.6%

$3,054-44.6%

Admin fee / account holder

$127

$467-72.8%

$5,481-97.7%

$504-74.8%

Provider

Service type

Compensation

SUMMIT FINANCIAL CORPORATION1 year

Filed as: SUMMIT BENEFIT SOLUTIONS

Service code 15 · EIN 34-1888990

630 LEXINGTON AVENUE · MANSFIELD, OH 44907

Recordkeeping

$5,129

HUMMEL WEALTH MANAGEMENT1 year

Service code 26 · EIN 47-2613993

P.O. BOX 250 · BERLIN, OH 44610

Advisory (Participants)

$4,689

WALNUT CREEK PLANING, LTD. 401(K) PLAN

Summary metrics

Benchmarksi

Analytics

Service providersi

Plan features & details

Opportunity flagsi

Expense breakdowni

Audit opinioni

WALNUT CREEK PLANING, LTD. 401(K) 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