Retirement plan

WESTERN PACIFIC DISTRIBUTING, LLC 401(K) PROFIT SHARING PLAN

Name: WESTERN PACIFIC DISTRIBUTING, LLC - WESTERN PACIFIC DISTRIBUTING, LLC 401(K) PROFIT SHARING PLAN (2017) Form 5500
Creator: WESTERN PACIFIC DISTRIBUTING, LLC
License: https://www.dol.gov/general/disclaim
Keywords: Form 5500, ERISA, retirement plan, WESTERN PACIFIC DISTRIBUTING, LLC 401(K) PROFIT SHARING PLAN, WESTERN PACIFIC DISTRIBUTING, LLC

WESTERN PACIFIC DISTRIBUTING, LLCEIN 33-0989706Plan #001PY 2017

341 WEST MEATS AVE. - ORANGE, CA 92865714-974-6837teamwpd.comLinkedIn11-50 employeeswholesale

Prospect flagsHigh fees

How to read this page

Total assets (EOY)

$14.4M

+14.5% from 2016

Total participants

151

+4.1% from 2016

Average account balance

$95,328

+9.9% from 2016

Annual return

13.85%

+7.21 pp from 2016

Benchmarks

See 2,319 peers

Peer group

Industry44 - Retail Trade

Plan typeDefined contribution

Participants100-249

Cohort2,319 peers

Snapshot2017

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

Analytics

Total assets (EOY)

Plan-year ending balance

$23.55M

Not enough data

1 years with asset history on file

Average account balance

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

$145K

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.

162

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

$1.70M

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

+10.94%

Not enough data

1 years with return on file

Admin fee / account holder

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

$333

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 10 of 20 by compensation

Provider	Service type	Compensation
MASSACHUSETTS MUTUAL LIFE INS. CO.3+ years Filed as: MASS MUTUAL LIFE INSURANCE CO Service code 52 · EIN 04-1590850	Indirect Investment Fees	$54,921
LINCOLN NATIONAL CORPORATION1 year Filed as: LINCOLN FINANCIAL ADVISORS CORP. Service code 27	Advisory (Plan)	$28,302
AMERICAN FUNDS1 year Service code 52 · EIN 95-1411037	Indirect Investment Fees	$0
COLUMBIA1 year Service code 52 · EIN 56-0906609	Indirect Investment Fees	$0
DIMENSIONAL FUND ADVISORS1 year Service code 52 · EIN 36-3129984	Indirect Investment Fees	$0
FRANKLIN TEMPLETON1 year Service code 52 · EIN 59-6865210	Indirect Investment Fees	$0
GOLDMAN SACHS1 year Service code 52 · EIN 13-5108880	Indirect Investment Fees	$0
INVESCO1 year Service code 52 · EIN 95-2513084	Indirect Investment Fees	$0
IVY FUNDS1 year Service code 52 · EIN 48-1112076	Indirect Investment Fees	$0
LINCOLN NATIONAL CORPORATION3+ years Filed as: LINCOLN FINANCIAL ADVISORS CORP Service code 27 · EIN 35-1151034	Advisory (Plan)	$0

Plan features & details

Pension benefit codes2E2F2G2J2T3D3H

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.
3H
Controlled group member
Plan sponsor(s) is (are) a member(s) of a controlled group (Code sections 414(b) (c) or (m)).

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

$55K

$432 / participant

Investment mgmt$52K95.4%
Contract admin$3K4.6%

% of EOY assets

0.382%

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: WRIGHT FORD YOUNG & CO
Auditor EIN: 953288054
Audit fees: (not subdivided)
Opinion code: Disclaimer

Metric

This plan

Peer set

Industry

Size

Avg account balance

$95,328

$51,466+85.2%

$78,778+21.0%

$62,293+53.0%

Participation rate

100.0%

59.8%+40.2pp

69.2%+30.8pp

69.5%+30.5pp

Annual return

13.85%

19.96%-6.1pp

35.62%-21.8pp

28.90%-15.0pp

Employer contribution / active EE

$5,324

$827+543.6%

$1,986+168.1%

$2,042+160.7%

Participant deferral / active EE

$3,696

$2,147+72.1%

$2,958+24.9%

$3,169+16.6%

Admin fee / account holder

$364

$489-25.7%

$5,134-92.9%

$479-24.1%

Provider

Service type

Compensation

MASSACHUSETTS MUTUAL LIFE INS. CO.3+ years

Filed as: MASS MUTUAL LIFE INSURANCE CO

Service code 52 · EIN 04-1590850

Indirect Investment Fees

$54,921

LINCOLN NATIONAL CORPORATION1 year

Filed as: LINCOLN FINANCIAL ADVISORS CORP.

Service code 27

Advisory (Plan)

$28,302

AMERICAN FUNDS1 year

Service code 52 · EIN 95-1411037

Indirect Investment Fees

COLUMBIA1 year

Service code 52 · EIN 56-0906609

Indirect Investment Fees

DIMENSIONAL FUND ADVISORS1 year

Service code 52 · EIN 36-3129984

Indirect Investment Fees

FRANKLIN TEMPLETON1 year

Service code 52 · EIN 59-6865210

Indirect Investment Fees

GOLDMAN SACHS1 year

Service code 52 · EIN 13-5108880

Indirect Investment Fees

INVESCO1 year

Service code 52 · EIN 95-2513084

Indirect Investment Fees

IVY FUNDS1 year

Service code 52 · EIN 48-1112076

Indirect Investment Fees

LINCOLN NATIONAL CORPORATION3+ years

Filed as: LINCOLN FINANCIAL ADVISORS CORP

Service code 27 · EIN 35-1151034

Advisory (Plan)

WESTERN PACIFIC DISTRIBUTING, LLC 401(K) PROFIT SHARING PLAN

Summary metrics

Benchmarksi

Analytics

Service providersi

Plan features & details

Opportunity flagsi

Expense breakdowni

Audit opinioni

WESTERN PACIFIC DISTRIBUTING, LLC 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