Retirement plan

SO. CAL. WEATHERSTRIP 401K PLAN

Name: SO. CAL. WEATHERSTRIP - SO. CAL. WEATHERSTRIP 401K PLAN (2023) Form 5500
Creator: SO. CAL. WEATHERSTRIP
License: https://www.dol.gov/general/disclaim
Keywords: Form 5500, ERISA, retirement plan, SO. CAL. WEATHERSTRIP 401K PLAN, SO. CAL. WEATHERSTRIP

SO. CAL. WEATHERSTRIPEIN 27-0223363Plan #001PY 2023

330 N. SHERMAN, SUITE 104 - CORONA, CA 92882951-300-9600LinkedIn1-10 employees

Prospect flagsHigh fees

How to read this page

Total assets (EOY)

$680K

+30.9% from 2022

Total participants

+16.7% from 2022

Average account balance

$61,859

+42.8% from 2022

Annual return

14.01%

+33.87 pp from 2022

Benchmarks

See 51,594 peers

Peer group

Industry23 - Construction

Plan typeDefined contribution

Participants<25

Cohort51,594 peers

Snapshot2023

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

Analytics

Total assets (EOY)

Plan-year ending balance

$737K

Not enough data

1 years with asset history on file

Average account balance

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

$61K

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.

109.1%

Not enough data

1 years with eligibility data

Contributions (total)

Employer and participant dollars contributed each year

$111K

Not enough data

1 years with contributions on file

Contributions per participant

Average employer and participant contribution per enrolled participant

$10K

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

+17.34%

Not enough data

1 years with return on file

Admin fee / account holder

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

$2157

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 codes2E2F2G2J2T3D

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

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

$38K

$2889 / participant

Other / not subdivided$38K100.0%

% of EOY assets

5.520%

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

$61,859

$106,267-41.8%

$96,520-35.9%

$139,456-55.6%

Participation rate

76.9%

77.8%-0.9pp

74.3%+2.6pp

80.3%-3.4pp

Annual return

14.01%

38.45%-24.4pp

35.72%-21.7pp

373.45%-359.4pp

Employer contribution / active EE

$2,568

$4,105-37.4%

$3,739-31.3%

$4,753-46.0%

Participant deferral / active EE

$6,484

$5,454+18.9%

$4,879+32.9%

$6,711-3.4%

Admin fee / account holder

$3,415

$7,882-56.7%

$6,733-49.3%

$11,407-70.1%

SO. CAL. WEATHERSTRIP 401K PLAN

Summary metrics

Benchmarksi

Analytics

Service providersi

Plan features & details

Opportunity flagsi

Expense breakdowni

Audit opinioni

SO. CAL. WEATHERSTRIP 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