Retirement plan

WESTERN BUILDING PRODUCTS, INC. EMPLOYEE STOCK OWNERSHIP PLAN AND 401(K) SAVINGS PLAN

Name: WESTERN BUILDING PRODUCTS, INC. - WESTERN BUILDING PRODUCTS, INC. EMPLOYEE STOCK OWNERSHIP PLAN AND 401(K) SAVINGS PLAN (2015) Form 5500
Creator: WESTERN BUILDING PRODUCTS, INC.
License: https://www.dol.gov/general/disclaim
Keywords: Form 5500, ERISA, retirement plan, WESTERN BUILDING PRODUCTS, INC. EMPLOYEE STOCK OWNERSHIP PLAN AND 401(K) SAVINGS PLAN, WESTERN BUILDING PRODUCTS, INC.

WESTERN BUILDING PRODUCTS, INC.EIN 39-0926328Plan #003PY 2015

1300 NORTH GLENVIEW PLACE - MILWAUKEE, WI 53213414-258-3266western1.comLinkedIn51-200 employeesbuilding materials

Prospect flagsLow participant contribution

How to read this page

Total assets (EOY)

$32.2M

No prior year

Total participants

260

No prior year

Average account balance

$131,500

No prior year

Annual return

9.45%

No prior year

Benchmarks

See 1,746 peers

Peer group

Industry32 - Manufacturing

Plan typeDefined contribution

Participants100-249

Cohort1,746 peers

Snapshot2015

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

Analytics

Total assets (EOY)

Plan-year ending balance

$63.43M

Not enough data

1 years with asset history on file

Average account balance

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

$264K

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.

240

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.

74.7%

Not enough data

1 years with eligibility data

Contributions (total)

Employer and participant dollars contributed each year

$3.00M

Not enough data

1 years with contributions on file

Contributions per participant

Average employer and participant contribution per enrolled participant

$17K

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

+14.64%

Not enough data

1 years with return on file

Admin fee / account holder

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

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

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.

Reportable transactions (Schedule G)

1 row

Counterparties on defaulted loans (Part 1), defaulted leases (Part 2), and non-exempt prohibited transactions (Part 3). Presence of any row warrants fiduciary review.

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Plan features & details

Pension benefit codes2E2F2H2J2I2P2Q2T3H

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).
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.
2I
Stock bonus
Stock bonus 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.
2P
Leveraged ESOP
Employee stock ownership plan that acquires employer securities with borrowed money or other debt-financing techniques.
2Q
ESOP maintained by an S corporation
The employer maintaining this ESOP is an S corporation.
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.
3H
Controlled group member
Plan sponsor(s) is (are) a member(s) of a controlled group (Code sections 414(b) (c) or (m)).

Opportunity flags

1 tripped

OpportunityLow participant contribution
Participant contribution per participant is in the bottom quintile of the peer cohort.

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: WIPFLI LLP
Auditor EIN: 390758449
Audit fees: (not subdivided)
Opinion code: Disclaimer

Metric

This plan

Peer set

Industry

Size

Avg account balance

$131,500

$53,412+146.2%

$68,509+91.9%

$52,331+151.3%

Participation rate

91.1%

71.7%+19.4pp

74.7%+16.3pp

68.1%+23.0pp

Annual return

9.45%

3.42%+6.0pp

8.27%+1.2pp

4.54%+4.9pp

Employer contribution / active EE

$11,029

$1,607+586.2%

$2,278+384.2%

$1,882+486.1%

Participant deferral / active EE

$1,032

$2,688-61.6%

$3,382-69.5%

$3,022-65.8%

Admin fee / account holder

$461-100.0%

$5,275-100.0%

$592-100.0%

WESTERN BUILDING PRODUCTS, INC. EMPLOYEE STOCK OWNERSHIP PLAN AND 401(K) SAVINGS PLAN

Summary metrics

Benchmarksi

Analytics

Service providersi

Reportable transactions (Schedule G)

Plan features & details

Opportunity flagsi

Audit opinioni

WESTERN BUILDING PRODUCTS, INC. EMPLOYEE STOCK OWNERSHIP PLAN AND 401(K) SAVINGS PLAN

Summary metrics

Benchmarksi

Analytics

Service providersi

Reportable transactions (Schedule G)

Plan features & details

Opportunity flagsi

Audit opinioni

Benchmarks

Service providers

Opportunity flags

Audit opinion

Benchmarks

Service providers

Opportunity flags

Audit opinion