Retirement plan

CPR ADVISOR K MEP FIDUCIARY WISE LLC

Name: FIDUCIARY WISE LLC FBO ARCELORMITTAL TEXAS HBI, LLC - CPR ADVISOR K MEP FIDUCIARY WISE LLC (2022) Form 5500
Creator: FIDUCIARY WISE LLC FBO ARCELORMITTAL TEXAS HBI, LLC
License: https://www.dol.gov/general/disclaim
Keywords: Form 5500, ERISA, retirement plan, CPR ADVISOR K MEP FIDUCIARY WISE LLC, FIDUCIARY WISE LLC FBO ARCELORMITTAL TEXAS HBI, LLC

FIDUCIARY WISE LLC FBO ARCELORMITTAL TEXAS HBI, LLCEIN 33-1227799Plan #340PY 2022

2487 S. GILBERT ROAD, SUITE 106-454 - GILBERT, AZ 85295361-704-9000

Prospect flagsNo flags tripped

How to read this page

Total assets (EOY)

$10.4M

-7.8% from 2021

Total participants

367

+7.3% from 2021

Average account balance

$29,424

-13.0% from 2021

Annual return

-17.08%

-31.27 pp from 2021

Benchmarks

See 2,389 peers

Peer group

Industry33 - Manufacturing

Plan typeDefined contribution

Participants250-999

Cohort2,389 peers

Snapshot2022

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

Analytics

Total assets (EOY)

Plan-year ending balance

$14.07M

Not enough data

1 years with asset history on file

Average account balance

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

$43K

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.

329

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.

86.7%

Not enough data

1 years with eligibility data

Contributions (total)

Employer and participant dollars contributed each year

$2.44M

Not enough data

1 years with contributions on file

Contributions per participant

Average employer and participant contribution per enrolled participant

$10K

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

+10.23%

Not enough data

1 years with return on file

Admin fee / account holder

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

$399

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
FUTUREBENEFITS OF AMERICA5 years Service code 15 · EIN 62-1751967 11177 HIGHWAY 70 SUITE 201 · ARLINGTON, TN 38002	Recordkeeping	$46,344
CPR FINANCIAL & INSURANCE SERVICES5 years Service code 26 · EIN 47-1864063 2770 MAIN STREET #266 · FRISCO, TX 75033	Advisory (Participants)	$35,485
FIDUCIARY WISE, LLC3 years Service code 14 · EIN 81-3799174 2487 SOUTH GILBERT ROAD · GILBERT, AZ 85295	Plan Administrator	$10,138
BELL ROCK CAPITAL, LLC1 year Filed as: BELL ROCK CAPITAL Service code 14 980 N FEDERAL HWY · BOCA RATON, FL 33432	Plan Administrator	$5,074

Plan features & details

Pension benefit codes2E2J2K2F2G3D

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.
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

0 tripped

No flags tripped for this filing year. This plan looks clean.

Expense breakdown

Schedule H Part II

Admin total

$81K

$313 / participant

Contract admin$81K100.0%

% of EOY assets

0.784%

all-in expense ratio

Categories reported

1 / 9

subdivided buckets used

Audit opinion

Schedule H Part III

Unqualified opinion

Auditor signed off without reservation - the cleanest possible opinion.

Auditor firm: JASON UNDERWOOD CPA, PLLC
Auditor EIN: 453976013
Audit fees: (not subdivided)
Opinion code: Unqualified

Metric

This plan

Peer set

Industry

Size

Avg account balance

$29,424

$72,303-59.3%

$86,698-66.1%

$64,824-54.6%

Participation rate

94.6%

80.4%+14.2pp

76.6%+18.0pp

71.5%+23.1pp

Annual return

-17.08%

392.77%-409.9pp

35.96%-53.0pp

32.84%-49.9pp

Employer contribution / active EE

$3,896

$2,393+62.8%

$2,837+37.3%

$2,507+55.4%

Participant deferral / active EE

$6,458

$4,660+38.6%

$4,656+38.7%

$4,311+49.8%

Admin fee / account holder

$231

$174+32.7%

$7,492-96.9%

$188+22.9%

Provider

Service type

Compensation

FUTUREBENEFITS OF AMERICA5 years

Service code 15 · EIN 62-1751967

11177 HIGHWAY 70 SUITE 201 · ARLINGTON, TN 38002

Recordkeeping

$46,344

CPR FINANCIAL & INSURANCE SERVICES5 years

Service code 26 · EIN 47-1864063

2770 MAIN STREET #266 · FRISCO, TX 75033

Advisory (Participants)

$35,485

FIDUCIARY WISE, LLC3 years

Service code 14 · EIN 81-3799174

2487 SOUTH GILBERT ROAD · GILBERT, AZ 85295

Plan Administrator

$10,138

BELL ROCK CAPITAL, LLC1 year

Filed as: BELL ROCK CAPITAL

Service code 14

980 N FEDERAL HWY · BOCA RATON, FL 33432

Plan Administrator

$5,074

CPR ADVISOR K MEP FIDUCIARY WISE LLC

Summary metrics

Benchmarksi

Analytics

Service providersi

Plan features & details

Opportunity flagsi

Expense breakdowni

Audit opinioni

CPR ADVISOR K MEP FIDUCIARY WISE LLC

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