Retirement plan

WESLEY K CLARK & ASSOCIATES, LLC PROFIT SHARING AND 401K PLAN

Name: WESLEY K CLARK & ASSOCIATES, LLC - WESLEY K CLARK & ASSOCIATES, LLC PROFIT SHARING AND 401K PLAN (2022) Form 5500
Creator: WESLEY K CLARK & ASSOCIATES, LLC
License: https://www.dol.gov/general/disclaim
Keywords: Form 5500, ERISA, retirement plan, WESLEY K CLARK & ASSOCIATES, LLC PROFIT SHARING AND 401K PLAN, WESLEY K CLARK & ASSOCIATES, LLC

WESLEY K CLARK & ASSOCIATES, LLCEIN 27-0051612Plan #002PY 2022

116 OTTENHEIMER PLAZA - LITTLE ROCK, AR 72201501-244-9522wesleykclark.comLinkedIn1-10 employeesexecutive office

Prospect flagsHigh fees

How to read this page

Total assets (EOY)

$408K

-6.2% from 2021

Total participants

0.0% from 2021

Average account balance

$81,544

-6.2% from 2021

Annual return

-12.73%

-32.59 pp from 2021

Benchmarks

See 133,844 peers

Peer group

Industry54 - Professional, Scientific, and Technical Services

Plan typeDefined contribution

Participants<25

Cohort133,844 peers

Snapshot2022

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

Analytics

Total assets (EOY)

Plan-year ending balance

$548K

Not enough data

1 years with asset history on file

Average account balance

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

$110K

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.

166.7%

Not enough data

1 years with eligibility data

Contributions (total)

Employer and participant dollars contributed each year

$40K

Not enough data

1 years with contributions on file

Contributions per participant

Average employer and participant contribution per enrolled participant

$13K

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

+10.88%

Not enough data

1 years with return on file

Admin fee / account holder

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

$4127

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 codes2E2G2J2R2S

Plan features

2E
Profit-sharing
Profit-sharing plan.
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.
2R
Participant-directed brokerage accounts
Participant-directed brokerage accounts provided as an investment option under the plan.
2S
Automatic enrollment
Plan provides for automatic enrollment in plan that has elective contributions deducted from payroll.

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

$13K

$4444 / participant

Other / not subdivided$13K100.0%

% of EOY assets

3.270%

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

$81,544

$138,114-41.0%

$125,391-35.0%

$134,545-39.4%

Participation rate

100.0%

84.5%+15.5pp

82.4%+17.6pp

81.2%+18.8pp

Annual return

-12.73%

750.88%-763.6pp

572.41%-585.1pp

418.37%-431.1pp

Employer contribution / active EE

$4,156

$5,246-20.8%

$4,816-13.7%

$4,742-12.3%

Participant deferral / active EE

$8,733

$7,801+12.0%

$7,448+17.3%

$6,401+36.4%

Admin fee / account holder

$2,666

$11,570-77.0%

$10,009-73.4%

$11,431-76.7%

WESLEY K CLARK & ASSOCIATES, LLC PROFIT SHARING AND 401K PLAN

Summary metrics

Benchmarksi

Analytics

Service providersi

Plan features & details

Opportunity flagsi

Expense breakdowni

Audit opinioni

WESLEY K CLARK & ASSOCIATES, LLC PROFIT SHARING AND 401K 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