Retirement plan

THE MOSSER GROUP EMPLOYEE SAVINGS PLAN AND TRUST

Name: WMOG, INC. - THE MOSSER GROUP EMPLOYEE SAVINGS PLAN AND TRUST (2022) Form 5500
Creator: WMOG, INC.
License: https://www.dol.gov/general/disclaim
Keywords: Form 5500, ERISA, retirement plan, THE MOSSER GROUP EMPLOYEE SAVINGS PLAN AND TRUST, WMOG, INC.

WMOG, INC.EIN 34-1133357Plan #003PY 2022

122 S. WILSON AVENUE, DRAWER D - FREMONT, OH 434202767419-334-3801quarrylakes.comLinkedIn51-200 employeesconstruction

Other plans on this EIN

1 filing

#002Retirement-$22.5M assets

Prospect flagsHigh fees

How to read this page

Total assets (EOY)

$14.7M

-19.4% from 2021

Total participants

148

+4.2% from 2021

Average account balance

$104,137

-19.4% from 2021

Annual return

-13.01%

-30.06 pp from 2021

Benchmarks

See 2,998 peers

Peer group

Industry23 - Construction

Plan typeDefined contribution

Participants100-249

Cohort2,998 peers

Snapshot2022

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

Analytics

Total assets (EOY)

Plan-year ending balance

$19.37M

Not enough data

1 years with asset history on file

Average account balance

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

$120K

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.

85.2%

Not enough data

1 years with eligibility data

Contributions (total)

Employer and participant dollars contributed each year

$712K

Not enough data

1 years with contributions on file

Contributions per participant

Average employer and participant contribution per enrolled participant

$6K

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

+18.60%

Not enough data

1 years with return on file

Admin fee / account holder

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

$320

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
MERRIL LYNCH6 years Filed as: MERILL LYNCH Service code 27 · EIN 13-2808480	Advisory (Plan)	$31,418
TRANSAMERICA RETIREMENT SOLUTIONS3 years Filed as: TRANSAMERICA FINANCIAL LIFE INSURAN Service code 15 · EIN 36-6071399	Recordkeeping	$14,829

Plan features & details

Pension benefit codes2E2H2J2K3H

Plan features

2E
Profit-sharing
Profit-sharing plan.
2H
Partial participant-directed account plan
Participants have the opportunity to direct the investment of a portion 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.
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

$46K

$436 / participant

Other / not subdivided$46K100.0%

% of EOY assets

0.315%

all-in expense ratio

Categories reported

0 / 9

subdivided buckets used

Audit opinion

Schedule H Part III

Unqualified opinion

Auditor signed off without reservation - the cleanest possible opinion.

Auditor firm: WILLIAM VAUGHAN COMPANY
Auditor EIN: 341145015
Audit fees: (not subdivided)
Opinion code: Unqualified

Metric

This plan

Peer set

Industry

Size

Avg account balance

$104,137

$64,176+62.3%

$112,263-7.2%

$66,949+55.5%

Participation rate

93.4%

68.4%+25.0pp

75.1%+18.3pp

69.8%+23.6pp

Annual return

-13.01%

-13.80%+0.8pp

27.49%-40.5pp

1.57%-14.6pp

Employer contribution / active EE

$3,007-100.0%

$3,636-100.0%

$2,545-100.0%

Participant deferral / active EE

$5,466

$3,694+48.0%

$4,729+15.6%

$4,239+28.9%

Admin fee / account holder

$328

$626-47.6%

$6,410-94.9%

$594-44.7%

Provider

Service type

Compensation

MERRIL LYNCH6 years

Filed as: MERILL LYNCH

Service code 27 · EIN 13-2808480

Advisory (Plan)

$31,418

TRANSAMERICA RETIREMENT SOLUTIONS3 years

Filed as: TRANSAMERICA FINANCIAL LIFE INSURAN

Service code 15 · EIN 36-6071399

Recordkeeping

$14,829

THE MOSSER GROUP EMPLOYEE SAVINGS PLAN AND TRUST

Summary metrics

Benchmarksi

Analytics

Service providersi

Plan features & details

Opportunity flagsi

Expense breakdowni

Audit opinioni

THE MOSSER GROUP EMPLOYEE SAVINGS PLAN AND TRUST

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