Retirement plan

WONDERSPRING 401(K) PLAN

Name: WONDERSPRING - WONDERSPRING 401(K) PLAN (2020) Form 5500
Creator: WONDERSPRING
License: https://www.dol.gov/general/disclaim
Keywords: Form 5500, ERISA, retirement plan, WONDERSPRING 401(K) PLAN, WONDERSPRING

WONDERSPRINGEIN 23-1676836Plan #002PY 2020

201 SABINE AVENUE - NARBERTH, PA 19072610-617-4550

Prospect flagsLow participation

How to read this page

Total assets (EOY)

$2.6M

+10.9% from 2019

Total participants

145

-24.9% from 2019

Average account balance

$29,251

+34.9% from 2019

Annual return

14.78%

-2.60 pp from 2019

Benchmarks

See 5,414 peers

Peer group

Industry62 - Health Care and Social Assistance

Plan typeDefined contribution

Participants100-249

Cohort5,414 peers

Snapshot2020

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

Analytics

Total assets (EOY)

Plan-year ending balance

$2.69M

Not enough data

1 years with asset history on file

Average account balance

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

$30K

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.

96.7%

Not enough data

1 years with eligibility data

Contributions (total)

Employer and participant dollars contributed each year

$233K

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

+10.66%

Not enough data

1 years with return on file

Admin fee / account holder

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

$8578

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

Top 3 by compensation

Provider	Service type	Compensation
NATIONWIDE4+ years Service code 15 · EIN 31-1592130 ONE NATIONWIDE PLAZA · COLUMBUS, OH 43215	Recordkeeping	$6,752
MASSACHUSETTS MUTUAL LIFE INS. CO.4+ years Filed as: MML INVESTORS SERVICES, LLC Service code 27 PO BOX 8089 · BOSTON, MA 02266	Advisory (Plan)	$5,545
NFP RETIREMENT INC4+ years Filed as: NFP CORPORATE SERVICES (PA) INC. Service code 15 · EIN 13-4096969 2600 KELLY RD · WARRINGTON, PA 18976	Recordkeeping	$4,908

Plan features & details

Pension benefit codes2E2F2G2J2K3D

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.
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

1 tripped

OpportunityLow participation
Participation rate is below 70% (account-balance holders / active employees) - enrollment or auto-enroll opportunity.

Expense breakdown

Schedule H Part II

Admin total

$17K

$146 / participant

Investment mgmt$6K32.2%
Contract admin$7K39.2%
Other / not subdivided$5K28.5%

% of EOY assets

0.668%

all-in expense ratio

Categories reported

2 / 9

subdivided buckets used

Audit opinion

Schedule H Part III

Unqualified opinion

Auditor signed off without reservation - the cleanest possible opinion.

Auditor firm: WIPFLI LLP
Auditor EIN: 390758449
Audit fees: (not subdivided)
Opinion code: Unqualified

Metric

This plan

Peer set

Industry

Size

Avg account balance

$29,251

$58,895-50.3%

$178,503-83.6%

$73,497-60.2%

Participation rate

51.7%

66.2%-14.5pp

81.9%-30.2pp

70.7%-19.0pp

Annual return

14.78%

24.86%-10.1pp

151.12%-136.3pp

28.51%-13.7pp

Employer contribution / active EE

$627

$2,236-71.9%

$5,011-87.5%

$2,270-72.4%

Participant deferral / active EE

$1,004

$2,567-60.9%

$5,202-80.7%

$3,740-73.1%

Admin fee / account holder

$196

$400-51.2%

$13,987-98.6%

$513-61.9%

Provider

Service type

Compensation

NATIONWIDE4+ years

Service code 15 · EIN 31-1592130

ONE NATIONWIDE PLAZA · COLUMBUS, OH 43215

Recordkeeping

$6,752

MASSACHUSETTS MUTUAL LIFE INS. CO.4+ years

Filed as: MML INVESTORS SERVICES, LLC

Service code 27

PO BOX 8089 · BOSTON, MA 02266

Advisory (Plan)

$5,545

NFP RETIREMENT INC4+ years

Filed as: NFP CORPORATE SERVICES (PA) INC.

Service code 15 · EIN 13-4096969

2600 KELLY RD · WARRINGTON, PA 18976

Recordkeeping

$4,908

WONDERSPRING 401(K) PLAN

Summary metrics

Benchmarksi

Analytics

Service providersi

Plan features & details

Opportunity flagsi

Expense breakdowni

Audit opinioni

WONDERSPRING 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