Retirement plan

WERNER-NUGENT 401(K) PROFIT SHARING PLAN

Name: WERNER-NUGENT PLUMBING, INC. - WERNER-NUGENT 401(K) PROFIT SHARING PLAN (2020) Form 5500
Creator: WERNER-NUGENT PLUMBING, INC.
License: https://www.dol.gov/general/disclaim
Keywords: Form 5500, ERISA, retirement plan, WERNER-NUGENT 401(K) PROFIT SHARING PLAN, WERNER-NUGENT PLUMBING, INC.

WERNER-NUGENT PLUMBING, INC.EIN 36-3859970Plan #002PY 2020

14840 S. MCKINLEY AVENUE - POSEN, IL 60469708-385-5250wnplumbing.netLinkedIn11-50 employeesconstruction

Prospect flagsLow participationHigh assets / participant

How to read this page

Total assets (EOY)

$656K

+17.1% from 2019

Total participants

0.0% from 2019

Average account balance

$328,175

+75.7% from 2019

Annual return

12.04%

-8.35 pp from 2019

Benchmarks

See 42,032 peers

Peer group

Industry23 - Construction

Plan typeDefined contribution

Participants<25

Cohort42,032 peers

Snapshot2020

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

Analytics

Total assets (EOY)

Plan-year ending balance

$69K

Not enough data

1 years with asset history on file

Average account balance

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

$14K

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.

125.0%

Not enough data

1 years with eligibility data

Contributions (total)

Employer and participant dollars contributed each year

$3K

Not enough data

1 years with contributions on file

Contributions per participant

Average employer and participant contribution per enrolled participant

$844

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

+3.96%

Not enough data

1 years with return on file

Admin fee / account holder

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

$150199

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 codes2E2F2G2J3D

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.
InformationalHigh assets / participant
Assets per participant exceed $250,000 - top-decile high-value plan.

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

$328,175

$115,814+183.4%

$101,275+224.0%

$158,982+106.4%

Participation rate

50.0%

79.4%-29.4pp

75.8%-25.8pp

82.0%-32.0pp

Annual return

12.04%

56.16%-44.1pp

46.48%-34.4pp

302.99%-291.0pp

Employer contribution / active EE

$3,050

$4,176-27.0%

$3,660-16.7%

$4,763-36.0%

Participant deferral / active EE

$11,250

$4,958+126.9%

$4,371+157.4%

$5,983+88.0%

Admin fee / account holder

$7,249-100.0%

$5,948-100.0%

$11,252-100.0%

WERNER-NUGENT 401(K) PROFIT SHARING PLAN

Summary metrics

Benchmarksi

Analytics

Service providersi

Plan features & details

Opportunity flagsi

Audit opinioni

WERNER-NUGENT 401(K) PROFIT SHARING PLAN

Summary metrics

Benchmarksi

Analytics

Service providersi

Plan features & details

Opportunity flagsi

Audit opinioni

Benchmarks

Service providers

Opportunity flags

Audit opinion

Benchmarks

Service providers

Opportunity flags

Audit opinion