Retirement plan

WVS FINANCIAL CORP. EMPLOYEE STOCK OWNERSHIP PLAN

Name: WVS FINANCIAL CORP. - WVS FINANCIAL CORP. EMPLOYEE STOCK OWNERSHIP PLAN (2016) Form 5500
Creator: WVS FINANCIAL CORP.
License: https://www.dol.gov/general/disclaim
Keywords: Form 5500, ERISA, retirement plan, WVS FINANCIAL CORP. EMPLOYEE STOCK OWNERSHIP PLAN, WVS FINANCIAL CORP.

WVS FINANCIAL CORP.EIN 25-1710500Plan #002PY 2016

9001 PERRY HIGHWAY - PITTSBURGH, PA 15237412-364-1911

Prospect flagsHigh fees

How to read this page

Total assets (EOY)

$5M

+8.7% from 2015

Total participants

-2.6% from 2015

Average account balance

$135,216

+11.7% from 2015

Annual return

17.89%

-3.14 pp from 2015

Benchmarks

See 511 peers

Peer group

Industry55 - Management of Companies and Enterprises

Plan typeDefined contribution

Participants25-99

Cohort511 peers

Snapshot2016

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

Analytics

Total assets (EOY)

Plan-year ending balance

$3.32M

Not enough data

1 years with asset history on file

Average account balance

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

$144K

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.

100.0%

Not enough data

1 years with eligibility data

Contributions (total)

Employer and participant dollars contributed each year

$100K

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

-1.76%

Not enough data

1 years with return on file

Admin fee / account holder

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

$11720

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

Providers data not reported

Schedule C was not filed on this plan's most recent Form 5500, so no compensated service providers are available to display.

Plan features & details

Pension benefit codes2P3D3I

Plan features

2P
Leveraged ESOP
Employee stock ownership plan that acquires employer securities with borrowed money or other debt-financing techniques.
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.
3I
Employer securities investment required
Plan requiring that all or part of employer contributions be invested and held at least for a limited period in employer securities.

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

$600K

$21423 / participant

Other / not subdivided$600K100.0%

% of EOY assets

11.990%

all-in expense ratio

Categories reported

0 / 9

subdivided buckets used

Audit opinion

Schedule H Part III

No opinion code on file for this filing.

Auditor firm: (not reported)
Auditor EIN: -
Audit fees: (not subdivided)
Opinion code: -

Metric

This plan

Peer set

Industry

Size

Avg account balance

$135,216

$72,114+87.5%

$108,745+24.3%

$62,881+115.0%

Participation rate

100.0%

74.6%+25.4pp

77.7%+22.3pp

69.3%+30.7pp

Annual return

17.89%

13.41%+4.5pp

46.22%-28.3pp

20.14%-2.3pp

Employer contribution / active EE

$4,371

$2,694+62.3%

$3,323+31.5%

$2,281+91.7%

Participant deferral / active EE

$4,044-100.0%

$5,121-100.0%

$3,203-100.0%

Admin fee / account holder

$16,212

$4,608+251.8%

$6,144+163.9%

$4,296+277.4%

WVS FINANCIAL CORP. EMPLOYEE STOCK OWNERSHIP PLAN

Summary metrics

Benchmarksi

Analytics

Service providersi

Plan features & details

Opportunity flagsi

Expense breakdowni

Audit opinioni

WVS FINANCIAL CORP. EMPLOYEE STOCK OWNERSHIP 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