Retirement plan

W.C. MCQUAIDE, INC. 401(K) PROFIT SHARING PLAN

Name: W.C. MCQUAIDE, INC. - W.C. MCQUAIDE, INC. 401(K) PROFIT SHARING PLAN (2016) Form 5500
Creator: W.C. MCQUAIDE, INC.
License: https://www.dol.gov/general/disclaim
Keywords: Form 5500, ERISA, retirement plan, W.C. MCQUAIDE, INC. 401(K) PROFIT SHARING PLAN, W.C. MCQUAIDE, INC.

W.C. MCQUAIDE, INC.EIN 25-1050009Plan #004PY 2016

153 MACRIDGE AVE - JOHNSTOWN, PA 159042916814-269-6000LinkedIn51-200 employeespackage/freight delivery

Other plans on this EIN

1 filing

#002Retirement-$3.4M assets

Prospect flagsLow participationFailed to transmit contributions

How to read this page

Total assets (EOY)

$2.9M

+6.3% from 2015

Total participants

150

-1.3% from 2015

Average account balance

$32,319

+11.1% from 2015

Annual return

7.49%

+7.43 pp from 2015

Benchmarks

See 1,015 peers

Peer group

Industry48 - Transportation and Warehousing

Plan typeDefined contribution

Participants100-249

Cohort1,015 peers

Snapshot2016

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

Analytics

Total assets (EOY)

Plan-year ending balance

$3.57M

Not enough data

1 years with asset history on file

Average account balance

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

$46K

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.

53.3%

Not enough data

1 years with eligibility data

Contributions (total)

Employer and participant dollars contributed each year

$165K

Not enough data

1 years with contributions on file

Contributions per participant

Average employer and participant contribution per enrolled participant

$4K

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

+14.99%

Not enough data

1 years with return on file

Admin fee / account holder

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

$276

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
SALB & CO. 1ST SUMMIT BANK1 year Service code 26 125 DONALD LANE · JOHNSTOWN, PA 15904	Advisory (Participants)	$7,880
DAILYACCESS CORPORATION2+ years Service code 15 · EIN 63-1156117	Recordkeeping	$3,518
CBIZ RETIREMENT PLAN SERVICES2+ years Filed as: CBIZ BENEFITS & INSURANCE SERVICES Service code 13	Contract Administrator	$825
CURCIO WEBB1 year Filed as: CURCIO WEBB LLC Service code 13 · EIN 36-4171366 610 16TH STREET, SUITE 205 · OAKLAND, CA 94612	Contract Administrator	$225

Plan features & details

Pension benefit codes2E2J2K2G2F3D

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

2 tripped

OpportunityLow participation
Participation rate is below 70% (account-balance holders / active employees) - enrollment or auto-enroll opportunity.
ComplianceFailed to transmit contributions
Form 5500 reported a failure to timely transmit participant contributions (Schedule H line 4a).

Expense breakdown

Schedule H Part II

Admin total

$12K

$94 / participant

Contract admin$12K100.0%

% of EOY assets

0.433%

all-in expense ratio

Categories reported

1 / 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: KOTZAN CPA & ASSOCIATES, P.C.
Auditor EIN: 262055351
Audit fees: (not subdivided)
Opinion code: Disclaimer

Metric

This plan

Peer set

Industry

Size

Avg account balance

$32,319

$44,425-27.3%

$67,834-52.4%

$55,167-41.4%

Participation rate

54.1%

59.7%-5.6pp

68.8%-14.7pp

69.0%-14.9pp

Annual return

7.49%

17.80%-10.3pp

138.47%-131.0pp

169.23%-161.7pp

Employer contribution / active EE

$220

$1,351-83.7%

$2,403-90.8%

$1,963-88.8%

Participant deferral / active EE

$1,243

$2,166-42.6%

$3,160-60.7%

$3,054-59.3%

Admin fee / account holder

$140

$530-73.6%

$4,622-97.0%

$504-72.2%

Provider

Service type

Compensation

SALB & CO. 1ST SUMMIT BANK1 year

Service code 26

125 DONALD LANE · JOHNSTOWN, PA 15904

Advisory (Participants)

$7,880

DAILYACCESS CORPORATION2+ years

Service code 15 · EIN 63-1156117

Recordkeeping

$3,518

CBIZ RETIREMENT PLAN SERVICES2+ years

Filed as: CBIZ BENEFITS & INSURANCE SERVICES

Service code 13

Contract Administrator

$825

CURCIO WEBB1 year

Filed as: CURCIO WEBB LLC

Service code 13 · EIN 36-4171366

610 16TH STREET, SUITE 205 · OAKLAND, CA 94612

Contract Administrator

$225

W.C. MCQUAIDE, INC. 401(K) PROFIT SHARING PLAN

Summary metrics

Benchmarksi

Analytics

Service providersi

Plan features & details

Opportunity flagsi

Expense breakdowni

Audit opinioni

W.C. MCQUAIDE, INC. 401(K) PROFIT SHARING 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