Retirement plan

W.M.G., INC. EMPLOYEES PROFIT SHARING PLAN AND TRU

Name: W.M.G., INC. - W.M.G., INC. EMPLOYEES PROFIT SHARING PLAN AND TRU (2020) Form 5500
Creator: W.M.G., INC.
License: https://www.dol.gov/general/disclaim
Keywords: Form 5500, ERISA, retirement plan, W.M.G., INC. EMPLOYEES PROFIT SHARING PLAN AND TRU, W.M.G., INC.

W.M.G., INC.EIN 36-3141422Plan #001PY 2020

465 LAKESIDE TERRACE - GLENCOE, IL 60022847-835-4655

Prospect flagsHigh feesHigh assets / participant

How to read this page

Total assets (EOY)

$10M

+31.3% from 2019

Total participants

0.0% from 2019

Average account balance

$5,013,502

+31.3% from 2019

Annual return

30.28%

-4.89 pp from 2019

Benchmarks

See 5,435 peers

Peer group

Industry11 - Agriculture, Forestry, Fishing and Hunting

Plan typeDefined contribution

Participants<25

Cohort5,435 peers

Snapshot2020

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

Analytics

Total assets (EOY)

Plan-year ending balance

$15.29M

Not enough data

1 years with asset history on file

Average account balance

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

$7.6M

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.

100.0%

Not enough data

1 years with eligibility data

Contributions (total)

Employer and participant dollars contributed each year

$88K

Not enough data

1 years with contributions on file

Contributions per participant

Average employer and participant contribution per enrolled participant

$44K

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

+13.12%

Not enough data

1 years with return on file

Admin fee / account holder

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

$7088

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 codes2E

Plan features

2E
Profit-sharing
Profit-sharing plan.

Opportunity flags

2 tripped

OpportunityHigh fees
Administrative expenses exceed $300 per participant per year - possible fee-review opportunity. (Recordkeeping / audit / legal; excludes investment management.)
InformationalHigh assets / participant
Assets per participant exceed $250,000 - top-decile high-value plan.

Expense breakdown

Schedule H Part II

Admin total

$21K

$10539 / participant

Other / not subdivided$21K100.0%

% of EOY assets

0.210%

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

$5,013,502

$149,778+3247.3%

$118,946+4115.0%

$158,950+3054.1%

Participation rate

100.0%

82.1%+17.9pp

75.4%+24.6pp

82.0%+18.0pp

Annual return

30.28%

19.95%+10.3pp

35.89%-5.6pp

302.91%-272.6pp

Employer contribution / active EE

$13,500

$4,117+227.9%

$3,263+313.7%

$4,762+183.5%

Participant deferral / active EE

$25,992

$5,225+397.5%

$4,266+509.3%

$5,983+334.5%

Admin fee / account holder

$10,539

$8,604+22.5%

$6,581+60.1%

$11,248-6.3%

W.M.G., INC. EMPLOYEES PROFIT SHARING PLAN AND TRU

Summary metrics

Benchmarksi

Analytics

Service providersi

Plan features & details

Opportunity flagsi

Expense breakdowni

Audit opinioni

W.M.G., INC. EMPLOYEES PROFIT SHARING PLAN AND TRU

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