Retirement plan

WOLSTEIN GROUP 401(K) PROFIT SHARING PLAN & TRUST

Name: BERTRAM INN - WOLSTEIN GROUP 401(K) PROFIT SHARING PLAN & TRUST (2023) Form 5500
Creator: BERTRAM INN
License: https://www.dol.gov/general/disclaim
Keywords: Form 5500, ERISA, retirement plan, WOLSTEIN GROUP 401(K) PROFIT SHARING PLAN & TRUST, BERTRAM INN

BERTRAM INNEIN 34-1900270Plan #001PY 2023

600 N AURORA ROAD - AURORA, OH 44202330-807-2438

Prospect flagsLow participationLow fidelity bond

How to read this page

Total assets (EOY)

$2.1M

+18.5% from 2022

Total participants

167

+5.0% from 2022

Average account balance

$18,257

+24.7% from 2022

Annual return

15.37%

+32.91 pp from 2022

Benchmarks

See 1,292 peers

Peer group

Industry72 - Accommodation and Food Services

Plan typeDefined contribution

Participants100-249

Cohort1,292 peers

Snapshot2023

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

Analytics

Total assets (EOY)

Plan-year ending balance

$2.38M

Not enough data

1 years with asset history on file

Average account balance

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

$35K

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.

41.4%

Not enough data

1 years with eligibility data

Contributions (total)

Employer and participant dollars contributed each year

$143K

Not enough data

1 years with contributions on file

Contributions per participant

Average employer and participant contribution per enrolled participant

$1K

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

+11.67%

Not enough data

1 years with return on file

Admin fee / account holder

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

$446

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

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Service providers

Top 2 by compensation

Provider	Service type	Compensation
ADP BROKER-DEALER4 years Filed as: ADP, INC. Service code 15 · EIN 13-3036745	Recordkeeping	$15,017
EPIC RETIREMENT PLAN SERVICES5 years Filed as: ANCORA RETIREMENT PLAN ADVISORS, IN Service code 15 · EIN 23-2697799	Recordkeeping	$11,191

Plan features & details

Pension benefit codes2E2F2G2J2K2T3D3H

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.
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

2 tripped

OpportunityLow participation
Participation rate is below 70% (account-balance holders / active employees) - enrollment or auto-enroll opportunity.
ComplianceLow fidelity bond
Fidelity bond coverage is below the ERISA section 412 10%-of-assets minimum (capped at $500,000).

Expense breakdown

Schedule H Part II

Admin total

$26K

$254 / participant

Recordkeeping$15K57.3%
Investment mgmt$11K42.7%

% of EOY assets

1.248%

all-in expense ratio

Categories reported

2 / 9

subdivided buckets used

Audit opinion

Schedule H Part III

Unqualified opinion

Auditor signed off without reservation - the cleanest possible opinion.

Auditor firm: COHEN & COMPANY
Auditor EIN: 341912961
Audit fees: (not subdivided)
Opinion code: Unqualified

Metric

This plan

Peer set

Industry

Size

Avg account balance

$18,257

$27,780-34.3%

$58,534-68.8%

$71,476-74.5%

Participation rate

49.5%

34.6%+14.9pp

50.9%-1.3pp

67.9%-18.4pp

Annual return

15.37%

26.82%-11.5pp

4248.32%-4232.9pp

28.85%-13.5pp

Employer contribution / active EE

$631-100.0%

$1,054-100.0%

$2,589-100.0%

Participant deferral / active EE

$1,213

$1,207+0.5%

$1,924-37.0%

$4,290-71.7%

Admin fee / account holder

$228

$1,636-86.1%

$2,519-91.0%

$1,587-85.6%

Provider

Service type

Compensation

ADP BROKER-DEALER4 years

Filed as: ADP, INC.

Service code 15 · EIN 13-3036745

Recordkeeping

$15,017

EPIC RETIREMENT PLAN SERVICES5 years

Filed as: ANCORA RETIREMENT PLAN ADVISORS, IN

Service code 15 · EIN 23-2697799

Recordkeeping

$11,191

WOLSTEIN GROUP 401(K) PROFIT SHARING PLAN & TRUST

Summary metrics

Benchmarksi

Analytics

Service providersi

Plan features & details

Opportunity flagsi

Expense breakdowni

Audit opinioni

WOLSTEIN GROUP 401(K) PROFIT SHARING PLAN & 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