Retirement plan

GWI ENGINEERING, INC PROFIT SHARING 401K PLAN

Name: NEW 9, INC. G.W.I. ENGINEERING DIV - GWI ENGINEERING, INC PROFIT SHARING 401K PLAN (2016) Form 5500
Creator: NEW 9, INC. G.W.I. ENGINEERING DIV
License: https://www.dol.gov/general/disclaim
Keywords: Form 5500, ERISA, retirement plan, GWI ENGINEERING, INC PROFIT SHARING 401K PLAN, NEW 9, INC. G.W.I. ENGINEERING DIV

NEW 9, INC. G.W.I. ENGINEERING DIVEIN 38-2997263Plan #001PY 2016

1411 E. MICHIGAN ST., N.E. - GRAND RAPIDS, MI 49503616-459-8274

Prospect flagsHigh fees

How to read this page

Total assets (EOY)

$4.3M

No prior year

Total participants

No prior year

Average account balance

$123,688

No prior year

Annual return

5.27%

No prior year

Benchmarks

See 15,087 peers

Peer group

Industry33 - Manufacturing

Plan typeDefined contribution

Participants25-99

Cohort15,087 peers

Snapshot2016

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

Analytics

Total assets (EOY)

Plan-year ending balance

$4.64M

Not enough data

1 years with asset history on file

Average account balance

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

$172K

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.

117.4%

Not enough data

1 years with eligibility data

Contributions (total)

Employer and participant dollars contributed each year

$124K

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

+14.16%

Not enough data

1 years with return on file

Admin fee / account holder

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

$16839

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 codes2J2E

Plan features

2E
Profit-sharing
Profit-sharing plan.
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.

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

$773K

$23417 / participant

Other / not subdivided$773K100.0%

% of EOY assets

17.851%

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

$123,688

$60,349+105.0%

$74,184+66.7%

$62,881+96.7%

Participation rate

90.9%

72.7%+18.2pp

76.6%+14.3pp

69.3%+21.6pp

Annual return

5.27%

21.38%-16.1pp

17.74%-12.5pp

20.14%-14.9pp

Employer contribution / active EE

$1,680-100.0%

$2,370-100.0%

$2,281-100.0%

Participant deferral / active EE

$4,100

$2,856+43.5%

$3,550+15.5%

$3,203+28.0%

Admin fee / account holder

$22,079

$4,261+418.2%

$5,586+295.3%

$4,296+414.0%

GWI ENGINEERING, INC PROFIT SHARING 401K PLAN

Summary metrics

Benchmarksi

Analytics

Service providersi

Plan features & details

Opportunity flagsi

Expense breakdowni

Audit opinioni

GWI ENGINEERING, INC PROFIT SHARING 401K 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