Retirement plan

WYNMOOR COMMUNITY COUNCIL, INC. 401(K) PLAN

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

WYNMOOR COMMUNITY COUNCIL, INC.EIN 23-7398864Plan #001PY 2020

1310 AVENUE OF THE STARS - COCONUT CREEK, FL 330661485954-978-2600wynmoor.comLinkedIn11-50 employeesenvironmental services

Prospect flagsHigh fees

How to read this page

Total assets (EOY)

$12.1M

+28.9% from 2018

Total participants

221

+5.7% from 2018

Average account balance

$54,927

+21.9% from 2018

Annual return

11.36%

+14.94 pp from 2018

Benchmarks

See 1,687 peers

Peer group

Industry81 - Other Services (except Public Administration)

Plan typeDefined contribution

Participants100-249

Cohort1,687 peers

Snapshot2020

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

Analytics

Total assets (EOY)

Plan-year ending balance

$11.86M

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.

222

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.

97.3%

Not enough data

1 years with eligibility data

Contributions (total)

Employer and participant dollars contributed each year

$830K

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

+12.39%

Not enough data

1 years with return on file

Admin fee / account holder

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

$237

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 4 by compensation

Provider	Service type	Compensation
NFP RETIREMENT INC5 years Filed as: NFP RETIREMENT INC DBA 401K ADVISOR Service code 27 120 VANTIS · ALISO VIEJO, CA 92656	Advisory (Plan)	$45,975
PENSION ASSURANCE LLP6+ years Filed as: THE PENSION STUDIO, LLC Service code 13 1226 OMAR ROAD · WEST PALM BEACH, FL 33405	Contract Administrator	$11,163
DEFINITI LLC1 year Service code 13 2201 TIMBERLOCH PLAN, STE 150 · THE WOODLANDS, TX 77380	Contract Administrator	$931
GREAT-WEST LIFE & ANNUITY INSURANCE4 years Service code 64 8515 EAST ORCHARD ROAD · GREENWOOD VILLAGE, CO 80111	Recordkeeping Fees	$0

Plan features & details

Pension benefit codes2E2F2G2J2K2T3D

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.
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

1 tripped

OpportunityHigh fees
Administrative expenses exceed $300 per participant per year - possible fee-review opportunity. (Recordkeeping / audit / legal; excludes investment management.)

Expense breakdown

Schedule H Part II

Admin total

$68K

$453 / participant

Investment mgmt$46K67.2%
Contract admin$3K4.8%
Other / not subdivided$19K28.1%

% of EOY assets

0.564%

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: SWIFT ENOS & ASSOCIATES, P.A.
Auditor EIN: 208489289
Audit fees: (not subdivided)
Opinion code: Disclaimer

Metric

This plan

Peer set

Industry

Size

Avg account balance

$54,927

$66,124-16.9%

$90,440-39.3%

$73,493-25.3%

Participation rate

100.0%

69.7%+30.3pp

72.7%+27.3pp

70.7%+29.3pp

Annual return

11.36%

17.65%-6.3pp

1294.38%-1283.0pp

28.51%-17.1pp

Employer contribution / active EE

$2,379

$2,346+1.4%

$3,263-27.1%

$2,270+4.8%

Participant deferral / active EE

$2,607

$3,039-14.2%

$3,964-34.2%

$3,740-30.3%

Admin fee / account holder

$310

$396-21.8%

$5,615-94.5%

$513-39.6%

Provider

Service type

Compensation

NFP RETIREMENT INC5 years

Filed as: NFP RETIREMENT INC DBA 401K ADVISOR

Service code 27

120 VANTIS · ALISO VIEJO, CA 92656

Advisory (Plan)

$45,975

PENSION ASSURANCE LLP6+ years

Filed as: THE PENSION STUDIO, LLC

Service code 13

1226 OMAR ROAD · WEST PALM BEACH, FL 33405

Contract Administrator

$11,163

DEFINITI LLC1 year

Service code 13

2201 TIMBERLOCH PLAN, STE 150 · THE WOODLANDS, TX 77380

Contract Administrator

$931

GREAT-WEST LIFE & ANNUITY INSURANCE4 years

Service code 64

8515 EAST ORCHARD ROAD · GREENWOOD VILLAGE, CO 80111

Recordkeeping Fees

WYNMOOR COMMUNITY COUNCIL, INC. 401(K) PLAN

Summary metrics

Benchmarksi

Analytics

Service providersi

Plan features & details

Opportunity flagsi

Expense breakdowni

Audit opinioni

WYNMOOR COMMUNITY COUNCIL, INC. 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