Retirement plan

WILCIN ENTERPRISES, INC. DBA PME 401(K) PLAN

Name: WILCIN ENTERPRISES, INC. DBA PME - WILCIN ENTERPRISES, INC. DBA PME 401(K) PLAN (2022) Form 5500
Creator: WILCIN ENTERPRISES, INC. DBA PME
License: https://www.dol.gov/general/disclaim
Keywords: Form 5500, ERISA, retirement plan, WILCIN ENTERPRISES, INC. DBA PME 401(K) PLAN, WILCIN ENTERPRISES, INC. DBA PME

WILCIN ENTERPRISES, INC. DBA PMEEIN 35-2133389Plan #001PY 2022

5567 TAYLOR ROAD, SUITE 10 - NAPLES, FL 34109239-596-9880pmeflorida.comLinkedIn1-10 employees

Prospect flagsLow participationLow participant contribution

How to read this page

Total assets (EOY)

$122K

+2006.8% from 2021

Total participants

147

+19.5% from 2021

Average account balance

$20,306

+1304.5% from 2021

Annual return

1431.71%

+1431.71 pp from 2021

Benchmarks

See 1,186 peers

Peer group

Industry56 - Administrative and Support and Waste Management and Remediation Services

Plan typeDefined contribution

Participants100-249

Cohort1,186 peers

Snapshot2022

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

Analytics

Total assets (EOY)

Plan-year ending balance

$264K

Not enough data

1 years with asset history on file

Average account balance

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

$22K

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.

Not enough data

0 years with eligibility data

Contributions (total)

Employer and participant dollars contributed each year

$57K

Not enough data

1 years with contributions on file

Contributions per participant

Average employer and participant contribution per enrolled participant

Not enough data

0 years with per-participant contribution data

Asset flow

BOY + contributions + return - distributions = EOY

Year

Annual return

Diverging bars; negative years highlighted

+12.86%

Not enough data

1 years with return on file

Admin fee / account holder

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

$1376

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

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Service providers

Top 1 by compensation

Provider	Service type	Compensation
MORGAN STANLEY SMITH BARNEY1 year Filed as: JP MORGAN Service code 15 383 MADISON AVENUE · NEW YORK, NY 10017	Recordkeeping	$300

Plan features & details

Pension benefit codes2E2F2G2J2S3D2T

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.
2S
Automatic enrollment
Plan provides for automatic enrollment in plan that has elective contributions deducted from payroll.
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.

Opportunity flags

2 tripped

OpportunityLow participation
Participation rate is below 70% (account-balance holders / active employees) - enrollment or auto-enroll opportunity.
OpportunityLow participant contribution
Participant contribution per participant is in the bottom quintile of the peer cohort.

Expense breakdown

Schedule H Part II

Admin total

$300

$2 / participant

Other / not subdivided$300100.0%

% of EOY assets

0.246%

all-in expense ratio

Categories reported

0 / 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: THE AMERICAN AUDITORS GROUP, LLC
Auditor EIN: 814229648
Audit fees: (not subdivided)
Opinion code: Disclaimer

Metric

This plan

Peer set

Industry

Size

Avg account balance

$20,306

$37,463-45.8%

$77,096-73.7%

$66,938-69.7%

Participation rate

4.1%

52.9%-48.8pp

67.9%-63.8pp

69.8%-65.7pp

Annual return

1431.71%

-3.25%+1435.0pp

42.35%+1389.4pp

1.58%+1430.1pp

Employer contribution / active EE

$1,535-100.0%

$2,814-100.0%

$2,545-100.0%

Participant deferral / active EE

$226

$2,621-91.4%

$4,429-94.9%

$4,238-94.7%

Admin fee / account holder

$50

$568-91.2%

$5,428-99.1%

$594-91.6%

Provider

Service type

Compensation

MORGAN STANLEY SMITH BARNEY1 year

Filed as: JP MORGAN

Service code 15

383 MADISON AVENUE · NEW YORK, NY 10017

Recordkeeping

$300

WILCIN ENTERPRISES, INC. DBA PME 401(K) PLAN

Summary metrics

Benchmarksi

Analytics

Service providersi

Plan features & details

Opportunity flagsi

Expense breakdowni

Audit opinioni

WILCIN ENTERPRISES, INC. DBA PME 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