Retirement plan

WEINERT ENTERPRISES, INC. 401(K) PROFIT SHARING PLAN AND TRUST #001

Name: WEINERT ENTERPRISES, INC. - WEINERT ENTERPRISES, INC. 401(K) PROFIT SHARING PLAN AND TRUST #001 (2022) Form 5500
Creator: WEINERT ENTERPRISES, INC.
License: https://www.dol.gov/general/disclaim
Keywords: Form 5500, ERISA, retirement plan, WEINERT ENTERPRISES, INC. 401(K) PROFIT SHARING PLAN AND TRUST #001, WEINERT ENTERPRISES, INC.

WEINERT ENTERPRISES, INC.EIN 27-3136933Plan #001PY 2022

7355 HOMESTEAD ROAD - WHITELAW, WI 54247920-684-4812LinkedIn1-10 employeesmarketing and advertising

Prospect flagsHigh fees

How to read this page

Total assets (EOY)

$877K

-3.6% from 2021

Total participants

+36.4% from 2021

Average account balance

$73,106

-11.7% from 2021

Annual return

-10.75%

-19.94 pp from 2021

Benchmarks

See 48,271 peers

Peer group

Industry23 - Construction

Plan typeDefined contribution

Participants<25

Cohort48,271 peers

Snapshot2022

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

Analytics

Total assets (EOY)

Plan-year ending balance

$1.20M

Not enough data

1 years with asset history on file

Average account balance

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

$70K

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

$63K

Not enough data

1 years with contributions on file

Contributions per participant

Average employer and participant contribution per enrolled participant

$4K

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

+7.79%

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

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 codes2E2J2R3D

Plan features

2E
Profit-sharing
Profit-sharing plan.
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.
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

$2511 / participant

Other / not subdivided$38K100.0%

% of EOY assets

4.294%

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

$73,106

$133,998-45.4%

$112,263-34.9%

$134,545-45.7%

Participation rate

80.0%

78.6%+1.4pp

75.1%+4.9pp

81.2%-1.2pp

Annual return

-10.75%

47.17%-57.9pp

27.49%-38.2pp

418.37%-429.1pp

Employer contribution / active EE

$2,774

$4,040-31.3%

$3,636-23.7%

$4,742-41.5%

Participant deferral / active EE

$4,054

$5,292-23.4%

$4,729-14.3%

$6,401-36.7%

Admin fee / account holder

$3,139

$7,493-58.1%

$6,410-51.0%

$11,431-72.5%

WEINERT ENTERPRISES, INC. 401(K) PROFIT SHARING PLAN AND TRUST #001

Summary metrics

Benchmarksi

Analytics

Service providersi

Plan features & details

Opportunity flagsi

Expense breakdowni

Audit opinioni

WEINERT ENTERPRISES, INC. 401(K) PROFIT SHARING PLAN AND TRUST #001

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