Retirement plan

WAIBEL ENERGY SYSTEMS RETIREMENT PLAN

Name: WAIBEL ENERGY SYSTEMS, INC. - WAIBEL ENERGY SYSTEMS RETIREMENT PLAN (2015) Form 5500
Creator: WAIBEL ENERGY SYSTEMS, INC.
License: https://www.dol.gov/general/disclaim
Keywords: Form 5500, ERISA, retirement plan, WAIBEL ENERGY SYSTEMS RETIREMENT PLAN, WAIBEL ENERGY SYSTEMS, INC.

WAIBEL ENERGY SYSTEMS, INC.EIN 31-1258152Plan #001PY 2015

815 FALLS CREEK DRIVE - VANDALIA, OH 45377937-264-4343gowaibel.comLinkedIn51-200 employeesfacilities services

Prospect flagsHigh feesCorrective distributions

How to read this page

Total assets (EOY)

$11.4M

No prior year

Total participants

120

No prior year

Average account balance

$98,889

No prior year

Annual return

1.59%

No prior year

Benchmarks

See 1,997 peers

Peer group

Industry23 - Construction

Plan typeDefined contribution

Participants100-249

Cohort1,997 peers

Snapshot2015

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

Analytics

Total assets (EOY)

Plan-year ending balance

$19.33M

Not enough data

1 years with asset history on file

Average account balance

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

$127K

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.

152

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.

97.6%

Not enough data

1 years with eligibility data

Contributions (total)

Employer and participant dollars contributed each year

$1.56M

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

+11.33%

Not enough data

1 years with return on file

Admin fee / account holder

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

$528

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 2 by compensation

Provider	Service type	Compensation
TWG BENEFITS, INC.1+ years Filed as: TWG BENEFITS. INC. Service code 15 1111 E. TOUHY AVE., SUITE 235 · DES PLAINES, IL 60018	Recordkeeping	$32,080
PARKER CARLSON & JOHNSON1+ years Filed as: PARKER CARLSON & JOHNSON INC Service code 51 7812 MCEWEN RD · DAYTON, OH 45459	Investment Mgmt Fees	$31,439

Plan features & details

Pension benefit codes2E2G2J2K3D

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.
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.
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.)
ComplianceCorrective distributions
Plan reported corrective distributions (failed ADP/ACP testing).

Expense breakdown

Schedule H Part II

Admin total

$66K

$638 / participant

Investment mgmt$31K47.4%
Contract admin$1K1.6%
Other / not subdivided$34K51.0%

% of EOY assets

0.583%

all-in expense ratio

Categories reported

2 / 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: MAYER HOFFMAN MCCANN, PC
Auditor EIN: 431947695
Audit fees: (not subdivided)
Opinion code: Disclaimer

Metric

This plan

Peer set

Industry

Size

Avg account balance

$98,889

$50,464+96.0%

$75,784+30.5%

$52,331+89.0%

Participation rate

95.2%

66.8%+28.4pp

75.8%+19.4pp

68.1%+27.1pp

Annual return

1.59%

1.03%+0.6pp

9.68%-8.1pp

4.54%-3.0pp

Employer contribution / active EE

$4,251

$1,988+113.8%

$3,323+27.9%

$1,882+125.9%

Participant deferral / active EE

$4,918

$2,570+91.3%

$3,652+34.7%

$3,022+62.7%

Admin fee / account holder

$577

$1,103-47.7%

$5,300-89.1%

$592-2.5%

Provider

Service type

Compensation

TWG BENEFITS, INC.1+ years

Filed as: TWG BENEFITS. INC.

Service code 15

1111 E. TOUHY AVE., SUITE 235 · DES PLAINES, IL 60018

Recordkeeping

$32,080

PARKER CARLSON & JOHNSON1+ years

Filed as: PARKER CARLSON & JOHNSON INC

Service code 51

7812 MCEWEN RD · DAYTON, OH 45459

Investment Mgmt Fees

$31,439

WAIBEL ENERGY SYSTEMS RETIREMENT PLAN

Summary metrics

Benchmarksi

Analytics

Service providersi

Plan features & details

Opportunity flagsi

Expense breakdowni

Audit opinioni

WAIBEL ENERGY SYSTEMS RETIREMENT 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