Retirement plan

WPMCA, INC. MULTIPLE EMPLOYER RETIREMENT PLAN

Name: WISCONSIN PETROLEUM MARKETERS & CONVENIENCE STORE ASSOC., INC. - WPMCA, INC. MULTIPLE EMPLOYER RETIREMENT PLAN (2018) Form 5500
Creator: WISCONSIN PETROLEUM MARKETERS & CONVENIENCE STORE ASSOC., INC.
License: https://www.dol.gov/general/disclaim
Keywords: Form 5500, ERISA, retirement plan, WPMCA, INC. MULTIPLE EMPLOYER RETIREMENT PLAN, WISCONSIN PETROLEUM MARKETERS & CONVENIENCE STORE ASSOC., INC.

WISCONSIN PETROLEUM MARKETERS & CONVENIENCE STORE ASSOC., INC.EIN 39-0714470Plan #001PY 2018

122 W WASHINGTON AVENUE, SUITE 101 - MADISON, WI 53705608-256-7555wpmca.orgLinkedIn1-10 employeesretail

Prospect flagsLow returnsLow participationLow employer contributionLow participant contributionFailed to transmit contributionsCorrective distributions

How to read this page

Total assets (EOY)

$34.1M

-8.3% from 2017

Total participants

1,557

+10.1% from 2017

Average account balance

$41,390

-14.8% from 2017

Annual return

-10.16%

-28.30 pp from 2017

Benchmarks

See 89 peers

Peer group

Industry21 - Mining, Quarrying, and Oil and Gas Extraction

Plan typeDefined contribution

Participants1,000-4,999

Cohort89 peers

Snapshot2018

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

Analytics

Total assets (EOY)

Plan-year ending balance

$51.34M

Not enough data

1 years with asset history on file

Average account balance

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

$68K

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.

752

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.

56.5%

Not enough data

1 years with eligibility data

Contributions (total)

Employer and participant dollars contributed each year

$3.75M

Not enough data

1 years with contributions on file

Contributions per participant

Average employer and participant contribution per enrolled participant

$4K

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

+11.83%

Not enough data

1 years with return on file

Admin fee / account holder

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

$167

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 5 by compensation

Provider	Service type	Compensation
PINNACLE FINANCIAL SERVICES, INC.3 years Filed as: PINNACLE FINANCIAL SERVICES Service code 15 · EIN 59-2438373	Recordkeeping	$42,192
TRANSAMERICA RETIREMENT SOLUTIONS1 year Filed as: TRANSAMERICA FINANCIAL LIFE INS CO Service code 15 · EIN 36-6071399	Recordkeeping	$40,675
3(16) FIDUCIARY SERVICES CORP1 year Filed as: 3(16) FIDUCIARY SCVS CORP Service code 14 · EIN 45-4813650	Plan Administrator	$22,204
TEMPLETON & COMPANY LLP1 year Filed as: TEMPLETON AND COMPANY LLP Service code 10 · EIN 14-1918990	Accounting	$11,720
CHARLES SCHWAB & CO., INC.2 years Service code 33 · EIN 94-1737782	Securities brokerage; Securities brok...	$15

Plan features & details

Pension benefit codes2E2F2G2J2K2T3D2R

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.
2K
Code section 401(m) arrangement
Employee contributions are allocated to separate accounts under the plan or employer contributions are based in whole or in part on employee deferrals or contributions to the plan. Not applicable to 401(k) plans with only QNECs and/or QMACs or to 403(b)(1) 403(b)(7) or 408 arrangements.
2R
Participant-directed brokerage accounts
Participant-directed brokerage accounts provided as an investment option under the plan.
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

6 tripped

OpportunityLow participation
Participation rate is below 70% (account-balance holders / active employees) - enrollment or auto-enroll opportunity.
OpportunityLow participant contribution
Participant contribution per participant is in the bottom quintile of the peer cohort.
OpportunityLow employer contribution
Employer contribution per participant is in the bottom quintile of the peer cohort.
OpportunityLow returns
Annual investment return is in the bottom quintile of the peer cohort.
ComplianceFailed to transmit contributions
Form 5500 reported a failure to timely transmit participant contributions (Schedule H line 4a).
ComplianceCorrective distributions
Plan reported corrective distributions (failed ADP/ACP testing).

Expense breakdown

Schedule H Part II

Admin total

$79K

$60 / participant

Contract admin$45K57.1%
Other / not subdivided$34K42.9%

% of EOY assets

0.232%

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: TEMPLETON & COMPANY
Auditor EIN: 141918990
Audit fees: (not subdivided)
Opinion code: Disclaimer

Metric

This plan

Peer set

Industry

Size

Avg account balance

$41,390

$96,900-57.3%

$111,392-62.8%

$75,289-45.0%

Participation rate

44.6%

85.9%-41.3pp

78.9%-34.2pp

72.4%-27.8pp

Annual return

-10.16%

1.66%-11.8pp

-2.06%-8.1pp

-0.04%-10.1pp

Employer contribution / active EE

$1,093

$5,520-80.2%

$4,328-74.7%

$2,405-54.6%

Participant deferral / active EE

$1,585

$6,494-75.6%

$5,567-71.5%

$3,739-57.6%

Admin fee / account holder

$96

$105-8.8%

$12,266-99.2%

$102-6.3%

Provider

Service type

Compensation

PINNACLE FINANCIAL SERVICES, INC.3 years

Filed as: PINNACLE FINANCIAL SERVICES

Service code 15 · EIN 59-2438373

Recordkeeping

$42,192

TRANSAMERICA RETIREMENT SOLUTIONS1 year

Filed as: TRANSAMERICA FINANCIAL LIFE INS CO

Service code 15 · EIN 36-6071399

Recordkeeping

$40,675

3(16) FIDUCIARY SERVICES CORP1 year

Filed as: 3(16) FIDUCIARY SCVS CORP

Service code 14 · EIN 45-4813650

Plan Administrator

$22,204

TEMPLETON & COMPANY LLP1 year

Filed as: TEMPLETON AND COMPANY LLP

Service code 10 · EIN 14-1918990

Accounting

$11,720

CHARLES SCHWAB & CO., INC.2 years

Service code 33 · EIN 94-1737782

Securities brokerage; Securities brok...

$15

WPMCA, INC. MULTIPLE EMPLOYER RETIREMENT PLAN

Summary metrics

Benchmarksi

Analytics

Service providersi

Plan features & details

Opportunity flagsi

Expense breakdowni

Audit opinioni

WPMCA, INC. MULTIPLE EMPLOYER RETIREMENT 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