Retirement plan

WISCONSIN SPICE, INC. 401(K) PROFIT SHARING PLAN

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

WISCONSIN SPICE, INC.EIN 39-1190851Plan #001PY 2024

478 INDUSTRIAL PARK ROAD - BERLIN, WI 54923920-361-3555wisconsinspice.comLinkedIn51-200 employeesfood production

Prospect flagsHigh fees

Top hat statement on fileNQDC

Filed November 17, 2017

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Total assets (EOY)

$5.5M

+35.7% from 2023

Total participants

102

+9.7% from 2023

Average account balance

$62,451

+31.1% from 2023

Annual return

26.85%

+15.44 pp from 2023

Benchmarks

See 2,587 peers

Peer group

Industry31 - Manufacturing

Plan typeDefined contribution

Participants25-99

Cohort2,587 peers

Snapshot2024

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

Analytics

Total assets (EOY)

Plan-year ending balance

$5.50M

Not enough data

1 years with asset history on file

Average account balance

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

$62K

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.

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.

102.3%

Not enough data

1 years with eligibility data

Contributions (total)

Employer and participant dollars contributed each year

$756K

Not enough data

1 years with contributions on file

Contributions per participant

Average employer and participant contribution per enrolled participant

$9K

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

+26.85%

Not enough data

1 years with return on file

Admin fee / account holder

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

$4896

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

0 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.

Plan features & details

Pension benefit codes2E2F2G2J3D3H

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.
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.
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

OpportunityHigh fees
Administrative expenses exceed $300 per participant per year - possible fee-review opportunity. (Recordkeeping / audit / legal; excludes investment management.)

Expense breakdown

Schedule H Part II

Admin total

$431K

$5010 / participant

Other / not subdivided$431K100.0%

% of EOY assets

7.839%

all-in expense ratio

Categories reported

0 / 9

subdivided buckets used

Audit opinion

Schedule H Part III

No opinion code on file for this filing.

Auditor firm: (not reported)
Auditor EIN: -
Audit fees: (not subdivided)
Opinion code: -

Metric

This plan

Peer set

Industry

Size

Avg account balance

$62,451

$63,845-2.2%

$81,370-23.3%

$80,959-22.9%

Participation rate

83.7%

63.9%+19.8pp

69.5%+14.2pp

67.7%+16.1pp

Annual return

26.85%

16.37%+10.5pp

24.85%+2.0pp

35.67%-8.8pp

Employer contribution / active EE

$2,776

$1,980+40.2%

$2,464+12.7%

$2,757+0.7%

Participant deferral / active EE

$6,017

$3,093+94.6%

$3,885+54.9%

$4,300+39.9%

Admin fee / account holder

$4,896

$5,688-13.9%

$5,749-14.8%

$6,925-29.3%

WISCONSIN SPICE, INC. 401(K) PROFIT SHARING PLAN

Top hat statement on fileNQDC

Summary metrics

Benchmarksi

Analytics

Service providersi

Plan features & details

Opportunity flagsi

Expense breakdowni

Audit opinioni

WISCONSIN SPICE, INC. 401(K) PROFIT SHARING PLAN

Top hat statement on fileNQDC

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