Retirement plan

WAMPUM HARDWARE CO. PROFIT SHARING 401(K) PLAN

Name: WAMPUM HARDWARE CO. - WAMPUM HARDWARE CO. PROFIT SHARING 401(K) PLAN (2017) Form 5500
Creator: WAMPUM HARDWARE CO.
License: https://www.dol.gov/general/disclaim
Keywords: Form 5500, ERISA, retirement plan, WAMPUM HARDWARE CO. PROFIT SHARING 401(K) PLAN, WAMPUM HARDWARE CO.

WAMPUM HARDWARE CO.EIN 25-1050040Plan #001PY 2017

636 PADEN ROAD - NEW GALILEE, PA 16141724-336-8217LinkedIn201-500 employeesconstruction

Prospect flagsLow participationHigh assets / participant

How to read this page

Total assets (EOY)

$30.4M

+13.8% from 2016

Total participants

237

-3.7% from 2016

Average account balance

$262,420

+112.0% from 2016

Annual return

15.33%

+9.96 pp from 2016

Benchmarks

See 4,147 peers

Peer group

Industry33 - Manufacturing

Plan typeDefined contribution

Participants100-249

Cohort4,147 peers

Snapshot2017

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

Analytics

Total assets (EOY)

Plan-year ending balance

$44.09M

Not enough data

1 years with asset history on file

Average account balance

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

$177K

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.

249

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.

85.4%

Not enough data

1 years with eligibility data

Contributions (total)

Employer and participant dollars contributed each year

$2.03M

Not enough data

1 years with contributions on file

Contributions per participant

Average employer and participant contribution per enrolled participant

$11K

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

+12.91%

Not enough data

1 years with return on file

Admin fee / account holder

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

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 1 by compensation

Provider	Service type	Compensation
ASCENSUS LLC3+ years Filed as: ASCENSUS Service code 15 · EIN 11-3665754	Recordkeeping	$26,220

Plan features & details

Pension benefit codes2E3D2G2J2F2T

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.
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

2 tripped

OpportunityLow participation
Participation rate is below 70% (account-balance holders / active employees) - enrollment or auto-enroll opportunity.
InformationalHigh assets / participant
Assets per participant exceed $250,000 - top-decile high-value plan.

Expense breakdown

Schedule H Part II

Admin total

$26K

$116 / participant

Contract admin$26K99.8%
Other / not subdivided$470.2%

% of EOY assets

0.086%

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: ARNETT CARBIS TOOTHMAN
Auditor EIN: 550486667
Audit fees: (not subdivided)
Opinion code: Disclaimer

Metric

This plan

Peer set

Industry

Size

Avg account balance

$262,420

$64,909+304.3%

$82,313+218.8%

$62,293+321.3%

Participation rate

46.5%

74.9%-28.4pp

76.9%-30.4pp

69.5%-23.1pp

Annual return

15.33%

21.18%-5.8pp

25.88%-10.5pp

28.90%-13.6pp

Employer contribution / active EE

$3,440

$1,676+105.2%

$2,428+41.7%

$2,042+68.4%

Participant deferral / active EE

$2,916

$3,103-6.1%

$3,706-21.3%

$3,169-8.0%

Admin fee / account holder

$226

$440-48.5%

$5,608-96.0%

$479-52.8%

Provider

Service type

Compensation

ASCENSUS LLC3+ years

Filed as: ASCENSUS

Service code 15 · EIN 11-3665754

Recordkeeping

$26,220

WAMPUM HARDWARE CO. PROFIT SHARING 401(K) PLAN

Summary metrics

Benchmarksi

Analytics

Service providersi

Plan features & details

Opportunity flagsi

Expense breakdowni

Audit opinioni

WAMPUM HARDWARE CO. PROFIT SHARING 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