Retirement plan

WESTERN DAIRYLAND ECONOMIC OPPORTUNITY COUNCIL INC. RETIREMENT PLAN

Name: WESTERN DAIRYLAND ECONOMIC OPPORTUNITY COUNCIL, INC. - WESTERN DAIRYLAND ECONOMIC OPPORTUNITY COUNCIL INC. RETIREMENT PLAN (2023) Form 5500
Creator: WESTERN DAIRYLAND ECONOMIC OPPORTUNITY COUNCIL, INC.
License: https://www.dol.gov/general/disclaim
Keywords: Form 5500, ERISA, retirement plan, WESTERN DAIRYLAND ECONOMIC OPPORTUNITY COUNCIL INC. RETIREMENT PLAN, WESTERN DAIRYLAND ECONOMIC OPPORTUNITY COUNCIL, INC.

WESTERN DAIRYLAND ECONOMIC OPPORTUNITY COUNCIL, INC.EIN 39-1076993Plan #001PY 2023

PO BOX 125 - INDEPENDENCE, WI 547470125715-985-2391westerndairyland.orgLinkedIn51-200 employeesnon-profit organization management

Prospect flagsNo flags tripped

How to read this page

Total assets (EOY)

$9.8M

+9.5% from 2022

Total participants

211

-9.1% from 2022

Average account balance

$48,012

+20.8% from 2022

Annual return

15.88%

+31.85 pp from 2022

Benchmarks

See 1,917 peers

Peer group

Industry81 - Other Services (except Public Administration)

Plan typeDefined contribution

Participants100-249

Cohort1,917 peers

Snapshot2023

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

Analytics

Total assets (EOY)

Plan-year ending balance

$11.38M

Not enough data

1 years with asset history on file

Average account balance

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

$54K

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.

209

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.

93.5%

Not enough data

1 years with eligibility data

Contributions (total)

Employer and participant dollars contributed each year

$1.08M

Not enough data

1 years with contributions on file

Contributions per participant

Average employer and participant contribution per enrolled participant

$6K

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

+12.02%

Not enough data

1 years with return on file

Admin fee / account holder

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

$280

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 2 by compensation

Provider	Service type	Compensation
CAMBRIDGE INVESTMENT RESEARCH6 years Service code 27 · EIN 42-1445429	Advisory (Plan)	$23,139
FIDELITY INVESTMENTS INSTITUTIONAL7 years Service code 60 · EIN 04-2647786	Sub-TA Fees	$20,664

Plan features & details

Pension benefit codes2E2F2G2J2T3D

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.
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

0 tripped

No flags tripped for this filing year. This plan looks clean.

Expense breakdown

Schedule H Part II

Admin total

$44K

$274 / participant

Recordkeeping$21K47.2%
Investment mgmt$23K52.8%

% of EOY assets

0.447%

all-in expense ratio

Categories reported

2 / 9

subdivided buckets used

Audit opinion

Schedule H Part III

Unqualified opinion

Auditor signed off without reservation - the cleanest possible opinion.

Auditor firm: HAWKINS, ASH CPAS LLP
Auditor EIN: 390912608
Audit fees: $0
Opinion code: Unqualified

Metric

This plan

Peer set

Industry

Size

Avg account balance

$48,012

$58,312-17.7%

$86,656-44.6%

$71,529-32.9%

Participation rate

95.6%

65.0%+30.6pp

71.7%+23.9pp

67.9%+27.7pp

Annual return

15.88%

24.08%-8.2pp

593.09%-577.2pp

28.97%-13.1pp

Employer contribution / active EE

$2,239

$2,576-13.1%

$3,025-26.0%

$2,590-13.6%

Participant deferral / active EE

$4,007

$3,439+16.5%

$4,439-9.7%

$4,291-6.6%

Admin fee / account holder

$215

$1,057-79.7%

$5,619-96.2%

$1,588-86.5%

Provider

Service type

Compensation

CAMBRIDGE INVESTMENT RESEARCH6 years

Service code 27 · EIN 42-1445429

Advisory (Plan)

$23,139

FIDELITY INVESTMENTS INSTITUTIONAL7 years

Service code 60 · EIN 04-2647786

Sub-TA Fees

$20,664

WESTERN DAIRYLAND ECONOMIC OPPORTUNITY COUNCIL INC. RETIREMENT PLAN

Summary metrics

Benchmarksi

Analytics

Service providersi

Plan features & details

Opportunity flagsi

Expense breakdowni

Audit opinioni

WESTERN DAIRYLAND ECONOMIC OPPORTUNITY COUNCIL INC. 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