Retirement plan

WILLIS, OSMOND & BEILSTEIN PROFIT SHARING & 401(K) PLAN

Name: WILLIS, OSMOND & BEILSTEIN - WILLIS, OSMOND & BEILSTEIN PROFIT SHARING & 401(K) PLAN (2016) Form 5500
Creator: WILLIS, OSMOND & BEILSTEIN
License: https://www.dol.gov/general/disclaim
Keywords: Form 5500, ERISA, retirement plan, WILLIS, OSMOND & BEILSTEIN PROFIT SHARING & 401(K) PLAN, WILLIS, OSMOND & BEILSTEIN

WILLIS, OSMOND & BEILSTEINEIN 34-0670924Plan #001PY 2016

2200 STUMBO ROAD - MANSFIELD, OH 44906419-529-5500LinkedIn11-50 employeesaccounting

Prospect flagsHigh feesLow participation

How to read this page

Total assets (EOY)

$1.8M

-6.6% from 2015

Total participants

+17.6% from 2015

Average account balance

$125,400

+6.7% from 2015

Annual return

6.46%

+7.52 pp from 2015

Benchmarks

See 113,086 peers

Peer group

Industry54 - Professional, Scientific, and Technical Services

Plan typeDefined contribution

Participants<25

Cohort113,086 peers

Snapshot2016

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

Analytics

Total assets (EOY)

Plan-year ending balance

$4.70M

Not enough data

1 years with asset history on file

Average account balance

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

$313K

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.

107.1%

Not enough data

1 years with eligibility data

Contributions (total)

Employer and participant dollars contributed each year

$139K

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

+12.31%

Not enough data

1 years with return on file

Admin fee / account holder

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

$1085

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 codes2E2F2G2J2T3B3D

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.
3B
Plan covering self-employed individuals
Plan covering self-employed individuals.
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

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.)

Expense breakdown

Schedule H Part II

Admin total

$361K

$21217 / participant

Other / not subdivided$361K100.0%

% of EOY assets

20.545%

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

$125,400

$135,956-7.8%

$123,894+1.2%

$273,972-54.2%

Participation rate

64.7%

84.1%-19.4pp

81.4%-16.7pp

83.0%-18.3pp

Annual return

6.46%

56.63%-50.2pp

47.52%-41.1pp

41.46%-35.0pp

Employer contribution / active EE

$1,516

$5,170-70.7%

$4,617-67.2%

$4,869-68.9%

Participant deferral / active EE

$4,895

$6,343-22.8%

$5,984-18.2%

$5,287-7.4%

Admin fee / account holder

$25,763

$9,817+162.4%

$8,357+208.3%

$10,133+154.3%

WILLIS, OSMOND & BEILSTEIN PROFIT SHARING & 401(K) PLAN

Summary metrics

Benchmarksi

Analytics

Service providersi

Plan features & details

Opportunity flagsi

Expense breakdowni

Audit opinioni

WILLIS, OSMOND & BEILSTEIN PROFIT SHARING & 401(K) 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