Retirement plan

OEHLERS WELDING AND FABRICATION, INC. COLLECTIVELY BARGAINED 401(K) PROFIT SHARING PLAN

Name: OEHLERS WELDING AND FABRICATION INC. - OEHLERS WELDING AND FABRICATION, INC. COLLECTIVELY BARGAINED 401(K) PROFIT SHARING PLAN (2019) Form 5500
Creator: OEHLERS WELDING AND FABRICATION INC.
License: https://www.dol.gov/general/disclaim
Keywords: Form 5500, ERISA, retirement plan, OEHLERS WELDING AND FABRICATION, INC. COLLECTIVELY BARGAINED 401(K) PROFIT SHARING PLAN, OEHLERS WELDING AND FABRICATION INC.

OEHLERS WELDING AND FABRICATION INC.EIN 26-2475882Plan #002PY 2019

242 ELK STREET - BUFFALO, NY 14210716-821-1800oehlerswelding.comLinkedIn1-10 employees

Other plans on this EIN

1 filing

#001Retirement-$193K assets

Prospect flagsLow assets / participantLow participant contribution

How to read this page

Total assets (EOY)

$104K

+188.5% from 2018

Total participants

+42.9% from 2018

Average account balance

$3,482

+102.0% from 2018

Annual return

33.91%

+33.91 pp from 2018

Benchmarks

See 14,957 peers

Peer group

Industry33 - Manufacturing

Plan typeDefined contribution

Participants25-99

Cohort14,957 peers

Snapshot2019

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

Analytics

Total assets (EOY)

Plan-year ending balance

$294K

Not enough data

1 years with asset history on file

Average account balance

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

$16K

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.

138.5%

Not enough data

1 years with eligibility data

Contributions (total)

Employer and participant dollars contributed each year

$70K

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

+17.32%

Not enough data

1 years with return on file

Admin fee / account holder

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

$5272

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 codes2E2F2G2J3D

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.
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 participant contribution
Participant contribution per participant is in the bottom quintile of the peer cohort.
OpportunityLow assets / participant
Assets per participant are in the bottom quintile of the peer cohort - savings-rate / match opportunity.

Expense breakdown

Schedule H Part II

Admin total

$2K

$57 / participant

Other / not subdivided$2K100.0%

% of EOY assets

1.538%

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

$3,482

$72,492-95.2%

$87,104-96.0%

$72,975-95.2%

Participation rate

100.0%

72.8%+27.2pp

76.9%+23.1pp

69.5%+30.5pp

Annual return

33.91%

24.46%+9.4pp

28.19%+5.7pp

81.01%-47.1pp

Employer contribution / active EE

$1,786

$1,894-5.7%

$2,521-29.2%

$2,440-26.8%

Participant deferral / active EE

$259

$3,270-92.1%

$4,048-93.6%

$3,608-92.8%

Admin fee / account holder

$54

$5,055-98.9%

$7,491-99.3%

$5,124-99.0%

OEHLERS WELDING AND FABRICATION, INC. COLLECTIVELY BARGAINED 401(K) PROFIT SHARING PLAN

Summary metrics

Benchmarksi

Analytics

Service providersi

Plan features & details

Opportunity flagsi

Expense breakdowni

Audit opinioni

OEHLERS WELDING AND FABRICATION, INC. COLLECTIVELY BARGAINED 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