Retirement plan

WILEY ORGANICS, INCORPORATED 401(K) & PROFIT SHARING PLAN

Name: WILEY ORGANICS, INCORPORATED - WILEY ORGANICS, INCORPORATED 401(K) & PROFIT SHARING PLAN (2017) Form 5500
Creator: WILEY ORGANICS, INCORPORATED
License: https://www.dol.gov/general/disclaim
Keywords: Form 5500, ERISA, retirement plan, WILEY ORGANICS, INCORPORATED 401(K) & PROFIT SHARING PLAN, WILEY ORGANICS, INCORPORATED

WILEY ORGANICS, INCORPORATEDEIN 31-1011840Plan #001PY 2017

1245 S. SIXTH STREET - COSHOCTON, OH 43812740-622-0755wileyco.comLinkedIn201-500 employeeschemicals

Prospect flagsLow returnsHigh feesLow participation

How to read this page

Total assets (EOY)

$5.4M

+21.0% from 2016

Total participants

183

+6.4% from 2016

Average account balance

$46,608

+24.1% from 2016

Annual return

12.46%

+14.60 pp from 2016

Benchmarks

See 935 peers

Peer group

Industry31 - Manufacturing

Plan typeDefined contribution

Participants100-249

Cohort935 peers

Snapshot2017

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

Analytics

Total assets (EOY)

Plan-year ending balance

$24.17M

Not enough data

1 years with asset history on file

Average account balance

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

$92K

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.

263

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.

98.2%

Not enough data

1 years with eligibility data

Contributions (total)

Employer and participant dollars contributed each year

$2.41M

Not enough data

1 years with contributions on file

Contributions per participant

Average employer and participant contribution per enrolled participant

$11K

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

+13.61%

Not enough data

1 years with return on file

Admin fee / account holder

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

$163

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

1 years with F_SCH_H allocation on file

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

Service providers

Top 4 by compensation

Provider	Service type	Compensation
NATIONWIDE2+ years Service code 15 ONE NATIONWIDE PLAZA · COLUMBUS, OH 43215	Recordkeeping	$33,521
NILES LANKFORD GROUP, INC.1 year Filed as: NILES LANKFORD GROUP Service code 49 1500 NORTH OAK DRIVE · PLYMOUTH, IN 465633431	Other Services	$6,881
MBS FINANCIAL PLANNING SERVICES, IN1 year Filed as: MBS FINANCIAL PLANNING SERVICES Service code 26 1640 CORPORATE WOODS CIR · UNIONTOWN, OH 44685	Advisory (Participants)	$6,629
NILES LANKFORD GROUP, INC.1 year Service code 49	Other Services	$3,182

Plan features & details

Pension benefit codes2E2F2G2J2K2R2T3D

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.
2K
Code section 401(m) arrangement
Employee contributions are allocated to separate accounts under the plan or employer contributions are based in whole or in part on employee deferrals or contributions to the plan. Not applicable to 401(k) plans with only QNECs and/or QMACs or to 403(b)(1) 403(b)(7) or 408 arrangements.
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

3 tripped

OpportunityLow participation
Participation rate is below 70% (account-balance holders / active employees) - enrollment or auto-enroll opportunity.
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

$47K

$272 / participant

Investment mgmt$40K85.1%
Other / not subdivided$7K14.9%

% of EOY assets

0.870%

all-in expense ratio

Categories reported

1 / 9

subdivided buckets used

Audit opinion

Schedule H Part III

Disclaimer opinion

Auditor declined to express an opinion - usually a 103(a)(3)(C) limited-scope election.

Auditor firm: REA & ASSOCIATES, INC.
Auditor EIN: 341310124
Audit fees: (not subdivided)
Opinion code: Disclaimer

Metric

This plan

Peer set

Industry

Size

Avg account balance

$46,608

$50,385-7.5%

$75,501-38.3%

$62,293-25.2%

Participation rate

61.3%

67.7%-6.4pp

72.4%-11.1pp

69.5%-8.2pp

Annual return

12.46%

19.90%-7.4pp

27.35%-14.9pp

28.90%-16.4pp

Employer contribution / active EE

$1,264

$1,537-17.8%

$2,352-46.2%

$2,042-38.1%

Participant deferral / active EE

$2,814

$2,445+15.1%

$3,142-10.4%

$3,169-11.2%

Admin fee / account holder

$405

$384+5.5%

$5,801-93.0%

$479-15.4%

Provider

Service type

Compensation

NATIONWIDE2+ years

Service code 15

ONE NATIONWIDE PLAZA · COLUMBUS, OH 43215

Recordkeeping

$33,521

NILES LANKFORD GROUP, INC.1 year

Filed as: NILES LANKFORD GROUP

Service code 49

1500 NORTH OAK DRIVE · PLYMOUTH, IN 465633431

Other Services

$6,881

MBS FINANCIAL PLANNING SERVICES, IN1 year

Filed as: MBS FINANCIAL PLANNING SERVICES

Service code 26

1640 CORPORATE WOODS CIR · UNIONTOWN, OH 44685

Advisory (Participants)

$6,629

NILES LANKFORD GROUP, INC.1 year

Service code 49

Other Services

$3,182

WILEY ORGANICS, INCORPORATED 401(K) & PROFIT SHARING PLAN

Summary metrics

Benchmarksi

Analytics

Service providersi

Plan features & details

Opportunity flagsi

Expense breakdowni

Audit opinioni

WILEY ORGANICS, INCORPORATED 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