Retirement plan

DEMOCRATIC PARTY OF WISCONSIN 401(K) PROFIT SHARING PLAN & TRUST

Name: DEMOCRATIC PARTY OF WISCONSIN - DEMOCRATIC PARTY OF WISCONSIN 401(K) PROFIT SHARING PLAN & TRUST (2024) Form 5500
Creator: DEMOCRATIC PARTY OF WISCONSIN
License: https://www.dol.gov/general/disclaim
Keywords: Form 5500, ERISA, retirement plan, DEMOCRATIC PARTY OF WISCONSIN 401(K) PROFIT SHARING PLAN & TRUST, DEMOCRATIC PARTY OF WISCONSIN

DEMOCRATIC PARTY OF WISCONSINEIN 39-0793066Plan #001PY 2024

15 NORTH PINCKNEY STREET, SUITE 200 - MADISON, WI 53703608-336-3217wisdems.orgLinkedIn51-200 employeespolitical organization

Prospect flagsLow fidelity bondFailed to transmit contributions

How to read this page

Total assets (EOY)

$2.4M

+49.9% from 2023

Total participants

229

+53.7% from 2023

Average account balance

$10,610

-17.7% from 2023

Annual return

16.38%

-5.39 pp from 2023

Benchmarks

See 10,668 peers

Peer group

Industry81 - Other Services (except Public Administration)

Plan typeDefined contribution

Participants25-99

Cohort10,668 peers

Snapshot2024

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

Analytics

Total assets (EOY)

Plan-year ending balance

$2.38M

Not enough data

1 years with asset history on file

Average account balance

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

$11K

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.

224

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.

88.9%

Not enough data

1 years with eligibility data

Contributions (total)

Employer and participant dollars contributed each year

$1.02M

Not enough data

1 years with contributions on file

Contributions per participant

Average employer and participant contribution per enrolled participant

$23K

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

+16.38%

Not enough data

1 years with return on file

Admin fee / account holder

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

$109

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
PREMIER PLAN CONSULTANTS1 year Filed as: PREMIER PLAN CONSULTANTS, INC Service code 13 6215 FERRIS SQUARE, SUITE 201 · SAN DIEGO, CA 92121	Contract Administrator	$16,731
HUMAN INTEREST ADVISOR LLC1 year Service code 64 · EIN 47-4307706 655 MONTGOMERY ST #1800 · SAN FRANCISCO, CT 94111	Recordkeeping Fees	$9,876
GREAT-WEST LIFE & ANNUITY INSURANCE1 year Filed as: EMPOWER ANNUITY INSURANCE COMPANY Service code 64 8515 EAST ORCHARD ROAD · GREENWOOD VILLAGE, CO 80111	Recordkeeping Fees	$3,816
CAMBRIDGE INVESTMENT RESEARCH1 year Filed as: CAMBRIDGE INVESTMENT GROUP Service code 27 1776 PLEASANT PLAIN RD · FAIRFIELD, IA 52556	Advisory (Plan)	$1,107

Plan features & details

Pension benefit codes2E2J2F2G3D2K2T

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.
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

2 tripped

ComplianceLow fidelity bond
Fidelity bond coverage is below the ERISA section 412 10%-of-assets minimum (capped at $500,000).
ComplianceFailed to transmit contributions
Form 5500 reported a failure to timely transmit participant contributions (Schedule H line 4a).

Expense breakdown

Schedule H Part II

Admin total

$24K

$542 / participant

Recordkeeping$13K52.3%
Investment mgmt$1K4.5%
Contract admin$11K43.2%

% of EOY assets

1.026%

all-in expense ratio

Categories reported

3 / 9

subdivided buckets used

Audit opinion

Schedule H Part III

Unqualified opinion

Auditor signed off without reservation - the cleanest possible opinion.

Auditor firm: CBIZ CPAS P.C.
Auditor EIN: 431947695
Audit fees: (not subdivided)
Opinion code: Unqualified

Metric

This plan

Peer set

Industry

Size

Avg account balance

$10,610

$58,258-81.8%

$81,820-87.0%

$80,925-86.9%

Participation rate

88.9%

63.5%+25.4pp

72.4%+16.5pp

67.7%+21.2pp

Annual return

16.38%

41.76%-25.4pp

777.93%-761.6pp

35.65%-19.3pp

Employer contribution / active EE

$7,738

$2,345+229.9%

$2,915+165.4%

$2,756+180.7%

Participant deferral / active EE

$14,920

$3,284+354.4%

$4,323+245.2%

$4,299+247.1%

Admin fee / account holder

$109

$4,976-97.8%

$7,391-98.5%

$6,940-98.4%

Provider

Service type

Compensation

PREMIER PLAN CONSULTANTS1 year

Filed as: PREMIER PLAN CONSULTANTS, INC

Service code 13

6215 FERRIS SQUARE, SUITE 201 · SAN DIEGO, CA 92121

Contract Administrator

$16,731

HUMAN INTEREST ADVISOR LLC1 year

Service code 64 · EIN 47-4307706

655 MONTGOMERY ST #1800 · SAN FRANCISCO, CT 94111

Recordkeeping Fees

$9,876

GREAT-WEST LIFE & ANNUITY INSURANCE1 year

Filed as: EMPOWER ANNUITY INSURANCE COMPANY

Service code 64

8515 EAST ORCHARD ROAD · GREENWOOD VILLAGE, CO 80111

Recordkeeping Fees

$3,816

CAMBRIDGE INVESTMENT RESEARCH1 year

Filed as: CAMBRIDGE INVESTMENT GROUP

Service code 27

1776 PLEASANT PLAIN RD · FAIRFIELD, IA 52556

Advisory (Plan)

$1,107

DEMOCRATIC PARTY OF WISCONSIN 401(K) PROFIT SHARING PLAN & TRUST

Summary metrics

Benchmarksi

Analytics

Service providersi

Plan features & details

Opportunity flagsi

Expense breakdowni

Audit opinioni

DEMOCRATIC PARTY OF WISCONSIN 401(K) PROFIT SHARING PLAN & TRUST

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