Retirement plan

WAUPACA FOUNDRY, INC.CONSOLIDATED RETIRE PLAN

Name: WAUPACA FOUNDRY, INC. - WAUPACA FOUNDRY, INC.CONSOLIDATED RETIRE PLAN (2021) Form 5500
Creator: WAUPACA FOUNDRY, INC.
License: https://www.dol.gov/general/disclaim
Keywords: Form 5500, ERISA, retirement plan, WAUPACA FOUNDRY, INC.CONSOLIDATED RETIRE PLAN, WAUPACA FOUNDRY, INC.

WAUPACA FOUNDRY, INC.EIN 39-0880924Plan #001PY 2021

1955 BRUNNER DRIVE - WAUPACA, WI 54981715-258-6651waupacafoundry.comLinkedIn1001-5000 employeesmining & metals

Other plans on this EIN

1 filing

#003Retirement-$89.5M assets

Prospect flagsLow returnsFailed to transmit contributions

Top hat statement on fileNQDC

Filed June 4, 2020 (most recent of 4 filings on file)

Plan administrator

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1955 Brunner Dr

Waupaca, WI 54981

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Plans declared (1)

Waupaca Non-Qualified Supplemental Executive Retirement Plan1 emp

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Total assets (EOY)

$611.1M

-7.9% from 2016

Total participants

4,579

+1.6% from 2016

Average account balance

$140,640

-3.1% from 2016

Annual return

11.01%

-8.51 pp from 2016

Benchmarks

See 773 peers

Peer group

Industry33 - Manufacturing

Plan typeDefined contribution

Participants1,000-4,999

Cohort773 peers

Snapshot2021

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

Analytics

Total assets (EOY)

Plan-year ending balance

$599.09M

Not enough data

1 years with asset history on file

Average account balance

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

$165K

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.

3,627

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.

92.3%

Not enough data

1 years with eligibility data

Contributions (total)

Employer and participant dollars contributed each year

$35.22M

Not enough data

1 years with contributions on file

Contributions per participant

Average employer and participant contribution per enrolled participant

$11K

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

+11.43%

Not enough data

1 years with return on file

Admin fee / account holder

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

$127

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

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Service providers

Top 4 by compensation

Provider	Service type	Compensation
PRINCIPAL LIFE INSURANCE COMPANY1 year Service code 13 · EIN 42-0127290	Contract Administrator	$303,717
WELLS FARGO BANK, N.A.7+ years Service code 15 · EIN 94-1347393	Recordkeeping	$158,922
BAIRD FUNDS1 year Filed as: ROBERT W BAIRD & CO Service code 27 · EIN 39-6037917	Advisory (Plan)	$111,495
ALPHA PENSION GROUP, INC.1 year Filed as: ALPHA INVESTMENT CONSULT Service code 26 · EIN 39-0934985	Advisory (Participants)	$49,250

Plan features & details

Pension benefit codes2E2H2J2K2S2T3F

Plan features

2E
Profit-sharing
Profit-sharing plan.
2H
Partial participant-directed account plan
Participants have the opportunity to direct the investment of a portion 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.
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.
3F
Leased employees
Plan sponsor(s) received services of leased employees as defined in Code section 414(n) during the plan year.

Opportunity flags

2 tripped

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).

Expense breakdown

Schedule H Part II

Admin total

$623K

$158 / participant

Contract admin$378K60.7%
Other / not subdivided$245K39.3%

% of EOY assets

0.102%

all-in expense ratio

Categories reported

1 / 9

subdivided buckets used

Audit opinion

Schedule H Part III

Unqualified opinion

Auditor signed off without reservation - the cleanest possible opinion.

Auditor firm: CLIFTONLARSONALLEN, LLP
Auditor EIN: 410746749
Audit fees: (not subdivided)
Opinion code: Unqualified

Metric

This plan

Peer set

Industry

Size

Avg account balance

$140,640

$144,879-2.9%

$111,319+26.3%

$93,010+51.2%

Participation rate

94.1%

86.1%+7.9pp

77.3%+16.8pp

73.9%+20.2pp

Annual return

11.01%

18.11%-7.1pp

54.68%-43.7pp

158.70%-147.7pp

Employer contribution / active EE

$3,811

$3,052+24.9%

$2,732+39.5%

$2,705+40.9%

Participant deferral / active EE

$5,590

$5,576+0.3%

$4,488+24.6%

$4,561+22.6%

Admin fee / account holder

$143

$104+38.6%

$7,966-98.2%

$152-5.4%

Provider

Service type

Compensation

PRINCIPAL LIFE INSURANCE COMPANY1 year

Service code 13 · EIN 42-0127290

Contract Administrator

$303,717

WELLS FARGO BANK, N.A.7+ years

Service code 15 · EIN 94-1347393

Recordkeeping

$158,922

BAIRD FUNDS1 year

Filed as: ROBERT W BAIRD & CO

Service code 27 · EIN 39-6037917

Advisory (Plan)

$111,495

ALPHA PENSION GROUP, INC.1 year

Filed as: ALPHA INVESTMENT CONSULT

Service code 26 · EIN 39-0934985

Advisory (Participants)

$49,250

WAUPACA FOUNDRY, INC.CONSOLIDATED RETIRE PLAN

Top hat statement on fileNQDC

Plan administrator

Plans declared (1)

Summary metrics

Benchmarksi

Analytics

Service providersi

Plan features & details

Opportunity flagsi

Expense breakdowni

Audit opinioni

WAUPACA FOUNDRY, INC.CONSOLIDATED RETIRE PLAN

Top hat statement on fileNQDC

Plan administrator

Plans declared (1)

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