Retirement plan

WATERBEDS 'N' STUFF, INC. PROFIT SHARING PLAN

Name: WATERBEDS 'N' STUFF, INC. - WATERBEDS 'N' STUFF, INC. PROFIT SHARING PLAN (2023) Form 5500
Creator: WATERBEDS 'N' STUFF, INC.
License: https://www.dol.gov/general/disclaim
Keywords: Form 5500, ERISA, retirement plan, WATERBEDS 'N' STUFF, INC. PROFIT SHARING PLAN, WATERBEDS 'N' STUFF, INC.

WATERBEDS 'N' STUFF, INC.EIN 31-0837151Plan #001PY 2023

3933 BROOKHAM DRIVE - GROVE CITY, OH 43123614-871-1171LinkedIn11-50 employeesarts and crafts

Prospect flagsLow returnsHigh fees

How to read this page

Total assets (EOY)

$15.4M

-16.1% from 2022

Total participants

-15.7% from 2022

Average account balance

$197,541

+4.3% from 2022

Annual return

-9.71%

-21.80 pp from 2022

Benchmarks

See 9,480 peers

Peer group

Industry44 - Retail Trade

Plan typeDefined contribution

Participants25-99

Cohort9,480 peers

Snapshot2023

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

Analytics

Total assets (EOY)

Plan-year ending balance

$22.14M

Not enough data

1 years with asset history on file

Average account balance

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

$341K

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.

127.5%

Not enough data

1 years with eligibility data

Contributions (total)

Employer and participant dollars contributed each year

$50K

Not enough data

1 years with contributions on file

Contributions per participant

Average employer and participant contribution per enrolled participant

$975

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

+21.34%

Not enough data

1 years with return on file

Admin fee / account holder

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

$11571

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 codes2E2F2H2R2T3D

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).
2H
Partial participant-directed account plan
Participants have the opportunity to direct the investment of a portion of the assets allocated to their individual accounts regardless of whether 29 CFR 2550.404c-1 is intended to be met.
2R
Participant-directed brokerage accounts
Participant-directed brokerage accounts provided as an investment option under the plan.
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

2 tripped

OpportunityHigh fees
Administrative expenses exceed $300 per participant per year - possible fee-review opportunity. (Recordkeeping / audit / legal; excludes investment management.)
OpportunityLow returns
Annual investment return is in the bottom quintile of the peer cohort.

Expense breakdown

Schedule H Part II

Admin total

$1.5M

$24887 / participant

Other / not subdivided$2M100.0%

% of EOY assets

9.853%

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

$197,541

$65,555+201.3%

$86,216+129.1%

$75,173+162.8%

Participation rate

78.7%

60.5%+18.2pp

69.0%+9.7pp

67.2%+11.5pp

Annual return

-9.71%

46.07%-55.8pp

1169.42%-1179.1pp

160.72%-170.4pp

Employer contribution / active EE

$5,548

$1,553+257.2%

$2,382+133.0%

$2,671+107.7%

Participant deferral / active EE

$3,023-100.0%

$3,986-100.0%

$4,126-100.0%

Admin fee / account holder

$19,463

$5,469+255.9%

$6,853+184.0%

$5,651+244.4%

WATERBEDS 'N' STUFF, INC. PROFIT SHARING PLAN

Summary metrics

Benchmarksi

Analytics

Service providersi

Plan features & details

Opportunity flagsi

Expense breakdowni

Audit opinioni

WATERBEDS 'N' STUFF, INC. 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