Retirement plan

SPRINGS WINDOW FASHIONS 401(K) RETIREMENT PLAN

Name: SPRINGS WINDOW FASHIONS, LLC - SPRINGS WINDOW FASHIONS 401(K) RETIREMENT PLAN (2024) Form 5500
Creator: SPRINGS WINDOW FASHIONS, LLC
License: https://www.dol.gov/general/disclaim
Keywords: Form 5500, ERISA, retirement plan, SPRINGS WINDOW FASHIONS 401(K) RETIREMENT PLAN, SPRINGS WINDOW FASHIONS, LLC

SPRINGS WINDOW FASHIONS, LLCEIN 36-2998685Plan #004PY 2024

7549 GRABER ROAD - MIDDLETON, WI 53562608-828-4480springswindowfashions.comLinkedIn5001-10000 employeesconsumer goods

Prospect flagsLow returnsFailed to transmit contributions

How to read this page

Total assets (EOY)

$185.6M

+4.8% from 2023

Total participants

2,350

+3.8% from 2023

Average account balance

$85,486

+1.4% from 2023

Annual return

11.66%

-4.01 pp from 2023

Benchmarks

See 839 peers

Peer group

Industry33 - Manufacturing

Plan typeDefined contribution

Participants1,000-4,999

Cohort839 peers

Snapshot2024

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

Analytics

Total assets (EOY)

Plan-year ending balance

$185.59M

Not enough data

1 years with asset history on file

Average account balance

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

$85K

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.

2,171

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.

89.1%

Not enough data

1 years with eligibility data

Contributions (total)

Employer and participant dollars contributed each year

$13.19M

Not enough data

1 years with contributions on file

Contributions per participant

Average employer and participant contribution per enrolled participant

$8K

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

+11.66%

Not enough data

1 years with return on file

Admin fee / account holder

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

$99

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
GREAT-WEST LIFE & ANNUITY INSURANCE1 year Filed as: EMPOWER ANNUITY INSURANCE COMPANY O Service code 15 · EIN 84-0467907	Recordkeeping	$213,783
QDRO CONSULTANTS COMPANY, LLC3 years Filed as: QDRO CONSULTANTS Service code 50 · EIN 34-1820650	Direct Payment	$300

Plan features & details

Pension benefit codes2E2F2G2J2K2S3D

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.
2S
Automatic enrollment
Plan provides for automatic enrollment in plan that has elective contributions deducted from payroll.
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 returns
Annual investment return is in the bottom quintile of the peer cohort.
ComplianceFailed to transmit contributions
Form 5500 reported a failure to timely transmit participant contributions (Schedule H line 4a).

Expense breakdown

Schedule H Part II

Admin total

$214K

$131 / participant

Recordkeeping$214K99.9%
Other / not subdivided$3000.1%

% of EOY assets

0.115%

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: RSM US LLP
Auditor EIN: 420714325
Audit fees: $0
Opinion code: Unqualified

Metric

This plan

Peer set

Industry

Size

Avg account balance

$85,486

$110,258-22.5%

$102,460-16.6%

$200,096-57.3%

Participation rate

89.1%

86.3%+2.7pp

76.5%+12.5pp

72.0%+17.0pp

Annual return

11.66%

35.78%-24.1pp

29.47%-17.8pp

34.26%-22.6pp

Employer contribution / active EE

$2,949

$3,605-18.2%

$3,025-2.5%

$3,038-2.9%

Participant deferral / active EE

$5,116

$6,377-19.8%

$5,056+1.2%

$5,090+0.5%

Admin fee / account holder

$99

$122-19.4%

$9,460-99.0%

$269-63.4%

Provider

Service type

Compensation

GREAT-WEST LIFE & ANNUITY INSURANCE1 year

Filed as: EMPOWER ANNUITY INSURANCE COMPANY O

Service code 15 · EIN 84-0467907

Recordkeeping

$213,783

QDRO CONSULTANTS COMPANY, LLC3 years

Filed as: QDRO CONSULTANTS

Service code 50 · EIN 34-1820650

Direct Payment

$300

SPRINGS WINDOW FASHIONS 401(K) RETIREMENT PLAN

Summary metrics

Benchmarksi

Analytics

Service providersi

Plan features & details

Opportunity flagsi

Expense breakdowni

Audit opinioni

SPRINGS WINDOW FASHIONS 401(K) RETIREMENT 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