Retirement plan

WIENMAR, INC. DBA MARBLE WORKS 401(K) PLAN

Name: WIENMAR, INC. DBA MARBLE WORKS - WIENMAR, INC. DBA MARBLE WORKS 401(K) PLAN (2023) Form 5500
Creator: WIENMAR, INC. DBA MARBLE WORKS
License: https://www.dol.gov/general/disclaim
Keywords: Form 5500, ERISA, retirement plan, WIENMAR, INC. DBA MARBLE WORKS 401(K) PLAN, WIENMAR, INC. DBA MARBLE WORKS

WIENMAR, INC. DBA MARBLE WORKSEIN 36-3621884Plan #002PY 2023

1601 N. LAFOX ST. - SOUTH ELGIN, IL 60177847-742-9222

Prospect flagsLow participationLow fidelity bond

How to read this page

Total assets (EOY)

$1.1M

+42.8% from 2022

Total participants

+2.0% from 2022

Average account balance

$71,191

+42.8% from 2022

Annual return

17.49%

+35.60 pp from 2022

Benchmarks

See 5,448 peers

Peer group

Industry32 - Manufacturing

Plan typeDefined contribution

Participants25-99

Cohort5,448 peers

Snapshot2023

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

Analytics

Total assets (EOY)

Plan-year ending balance

$1.49M

Not enough data

1 years with asset history on file

Average account balance

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

$100K

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.

29.4%

Not enough data

1 years with eligibility data

Contributions (total)

Employer and participant dollars contributed each year

$144K

Not enough data

1 years with contributions on file

Contributions per participant

Average employer and participant contribution per enrolled participant

$3K

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

+17.16%

Not enough data

1 years with return on file

Admin fee / account holder

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

$16159

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 codes2E2J2F2G3D

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.
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.
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

$233

$5 / participant

Other / not subdivided$233100.0%

% of EOY assets

0.022%

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

$71,191

$79,955-11.0%

$98,461-27.7%

$75,173-5.3%

Participation rate

25.0%

70.4%-45.4pp

75.2%-50.2pp

67.2%-42.2pp

Annual return

17.49%

19.75%-2.3pp

21.17%-3.7pp

160.72%-143.2pp

Employer contribution / active EE

$737

$2,264-67.5%

$3,049-75.8%

$2,671-72.4%

Participant deferral / active EE

$3,205

$3,752-14.6%

$4,738-32.4%

$4,126-22.3%

Admin fee / account holder

$16

$6,841-99.8%

$8,961-99.8%

$5,651-99.7%

WIENMAR, INC. DBA MARBLE WORKS 401(K) PLAN

Summary metrics

Benchmarksi

Analytics

Service providersi

Plan features & details

Opportunity flagsi

Expense breakdowni

Audit opinioni

WIENMAR, INC. DBA MARBLE WORKS 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