Retirement plan

WALLSIDE, INC. 401K AND DISCRETIONARY CONTRIBUTION PLAN

Name: WALLSIDE INC - WALLSIDE, INC. 401K AND DISCRETIONARY CONTRIBUTION PLAN (2018) Form 5500
Creator: WALLSIDE INC
License: https://www.dol.gov/general/disclaim
Keywords: Form 5500, ERISA, retirement plan, WALLSIDE, INC. 401K AND DISCRETIONARY CONTRIBUTION PLAN, WALLSIDE INC

WALLSIDE INCEIN 38-1547434Plan #004PY 2018

27000 W TROLLEY INDUSTRIAL DR - TAYLOR, MI 48180313-292-4400wallside.comLinkedIn1-10 employeesconstruction

Prospect flagsHigh fees

How to read this page

Total assets (EOY)

$10.8M

+4.8% from 2017

Total participants

142

+6.0% from 2017

Average account balance

$82,696

+1.5% from 2017

Annual return

6.70%

-6.55 pp from 2017

Benchmarks

See 2,219 peers

Peer group

Industry44 - Retail Trade

Plan typeDefined contribution

Participants100-249

Cohort2,219 peers

Snapshot2018

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)

$92K

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.

167

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.

94.7%

Not enough data

1 years with eligibility data

Contributions (total)

Employer and participant dollars contributed each year

$641K

Not enough data

1 years with contributions on file

Contributions per participant

Average employer and participant contribution per enrolled participant

$5K

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

+24.84%

Not enough data

1 years with return on file

Admin fee / account holder

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

$436

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 4 by compensation

Provider	Service type	Compensation
AMERICAN UNITED LIFE INSURANCE CO3+ years Filed as: ONEAMERICA RETIREMENT SERVICES LLC Service code 15 · EIN 46-5378846	Recordkeeping	$33,672
PLANTE & MORAN, PLLC3+ years Filed as: PLANTE MORAN FINANCIAL ADVISORS LLC Service code 27 27400 NORTHWESTERN HWY · SOUTHFIELD, MI 48034	Advisory (Plan)	$28,446
BMO HARRIS BANK NA3+ years Filed as: BMO HARRIS BANK, N.A. Service code 19	Securities Custodian	$0
BMO HARRIS BANK NA3+ years Filed as: BMO HARRIS BANK, NA Service code 19 · EIN 36-2085229	Securities Custodian	$0

Plan features & details

Pension benefit codes2E2F2G2J2S2T3D

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

1 tripped

OpportunityHigh fees
Administrative expenses exceed $300 per participant per year - possible fee-review opportunity. (Recordkeeping / audit / legal; excludes investment management.)

Expense breakdown

Schedule H Part II

Admin total

$62K

$509 / participant

Investment mgmt$28K45.8%
Other / not subdivided$34K54.2%

% of EOY assets

0.578%

all-in expense ratio

Categories reported

1 / 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: GRANT MILLMAN & JOHNSON, P.C.
Auditor EIN: 382555519
Audit fees: (not subdivided)
Opinion code: Disclaimer

Metric

This plan

Peer set

Industry

Size

Avg account balance

$82,696

$42,548+94.4%

$74,551+10.9%

$56,289+46.9%

Participation rate

90.2%

60.5%+29.7pp

69.1%+21.0pp

69.9%+20.3pp

Annual return

6.70%

12.40%-5.7pp

32.53%-25.8pp

-9.96%+16.7pp

Employer contribution / active EE

$1,697

$855+98.5%

$1,961-13.5%

$2,111-19.6%

Participant deferral / active EE

$1,523

$2,277-33.1%

$3,108-51.0%

$3,350-54.5%

Admin fee / account holder

$478

$467+2.3%

$5,059-90.6%

$521-8.3%

Provider

Service type

Compensation

AMERICAN UNITED LIFE INSURANCE CO3+ years

Filed as: ONEAMERICA RETIREMENT SERVICES LLC

Service code 15 · EIN 46-5378846

Recordkeeping

$33,672

PLANTE & MORAN, PLLC3+ years

Filed as: PLANTE MORAN FINANCIAL ADVISORS LLC

Service code 27

27400 NORTHWESTERN HWY · SOUTHFIELD, MI 48034

Advisory (Plan)

$28,446

BMO HARRIS BANK NA3+ years

Filed as: BMO HARRIS BANK, N.A.

Service code 19

Securities Custodian

BMO HARRIS BANK NA3+ years

Filed as: BMO HARRIS BANK, NA

Service code 19 · EIN 36-2085229

Securities Custodian

WALLSIDE, INC. 401K AND DISCRETIONARY CONTRIBUTION PLAN

Summary metrics

Benchmarksi

Analytics

Service providersi

Plan features & details

Opportunity flagsi

Expense breakdowni

Audit opinioni

WALLSIDE, INC. 401K AND DISCRETIONARY CONTRIBUTION 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