Retirement plan

WELDALL MFG., INC. PROFIT SHARING 401(K) SAVING PLAN

Name: WELDALL MFG., INC. - WELDALL MFG., INC. PROFIT SHARING 401(K) SAVING PLAN (2016) Form 5500
Creator: WELDALL MFG., INC.
License: https://www.dol.gov/general/disclaim
Keywords: Form 5500, ERISA, retirement plan, WELDALL MFG., INC. PROFIT SHARING 401(K) SAVING PLAN, WELDALL MFG., INC.

WELDALL MFG., INC.EIN 39-1199680Plan #001PY 2016

2001 S. PRAIRIE AVENUE - WAUKESHA, WI 53189262-544-1155LinkedIn201-500 employeesmachinery

Prospect flagsNo flags tripped

How to read this page

Total assets (EOY)

$6.9M

+5.0% from 2015

Total participants

225

+6.1% from 2015

Average account balance

$33,205

-1.1% from 2015

Annual return

9.08%

+9.42 pp from 2015

Benchmarks

See 4,221 peers

Peer group

Industry33 - Manufacturing

Plan typeDefined contribution

Participants100-249

Cohort4,221 peers

Snapshot2016

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

Analytics

Total assets (EOY)

Plan-year ending balance

$16.30M

Not enough data

1 years with asset history on file

Average account balance

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

$61K

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.

265

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.

85.5%

Not enough data

1 years with eligibility data

Contributions (total)

Employer and participant dollars contributed each year

$1.74M

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

+12.60%

Not enough data

1 years with return on file

Admin fee / account holder

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

$132

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
CABOT LODGE SECURITIES LLC2+ years Service code 49 · EIN 45-3717999 60 BROAD ST STE 3402 · NEW YORK, NY 100042306	Other Services	$14,513
PRINCIPAL LIFE INSURANCE COMPANY2+ years Service code 13 · EIN 42-0127290 711 HIGH ST · DES MOINES, IA 503920001	Contract Administrator	$6,282
NATIONAL ADMINISTRATION, INC.1 year Filed as: NAI, INC. Service code 13 · EIN 39-1967492 878 W. AIRPORT RD. · MENASHA, WI 54952	Contract Administrator	$5,335
NATIONAL ADMINISTRATION, INC.1 year Filed as: NAI Service code 13	Contract Administrator	$2,915

Plan features & details

Pension benefit codes2E2F2G2J3D3F

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.
3F
Leased employees
Plan sponsor(s) received services of leased employees as defined in Code section 414(n) during the plan year.

Opportunity flags

0 tripped

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

Expense breakdown

Schedule H Part II

Admin total

$12K

$72 / participant

Contract admin$6K49.4%
Other / not subdivided$6K50.6%

% of EOY assets

0.169%

all-in expense ratio

Categories reported

1 / 9

subdivided buckets used

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: SVA CERTIFIED PUBLIC ACCOUNTANTS
Auditor EIN: 391203191
Audit fees: (not subdivided)
Opinion code: Disclaimer

Metric

This plan

Peer set

Industry

Size

Avg account balance

$33,205

$60,165-44.8%

$74,184-55.2%

$55,167-39.8%

Participation rate

88.8%

74.2%+14.7pp

76.6%+12.2pp

69.0%+19.8pp

Annual return

9.08%

10.00%-0.9pp

17.74%-8.7pp

169.23%-160.2pp

Employer contribution / active EE

$617

$1,600-61.4%

$2,370-74.0%

$1,963-68.6%

Participant deferral / active EE

$2,412

$2,973-18.9%

$3,550-32.0%

$3,054-21.0%

Admin fee / account holder

$56

$419-86.6%

$5,586-99.0%

$504-88.9%

Provider

Service type

Compensation

CABOT LODGE SECURITIES LLC2+ years

Service code 49 · EIN 45-3717999

60 BROAD ST STE 3402 · NEW YORK, NY 100042306

Other Services

$14,513

PRINCIPAL LIFE INSURANCE COMPANY2+ years

Service code 13 · EIN 42-0127290

711 HIGH ST · DES MOINES, IA 503920001

Contract Administrator

$6,282

NATIONAL ADMINISTRATION, INC.1 year

Filed as: NAI, INC.

Service code 13 · EIN 39-1967492

878 W. AIRPORT RD. · MENASHA, WI 54952

Contract Administrator

$5,335

NATIONAL ADMINISTRATION, INC.1 year

Filed as: NAI

Service code 13

Contract Administrator

$2,915

WELDALL MFG., INC. PROFIT SHARING 401(K) SAVING PLAN

Summary metrics

Benchmarksi

Analytics

Service providersi

Plan features & details

Opportunity flagsi

Expense breakdowni

Audit opinioni

WELDALL MFG., INC. PROFIT SHARING 401(K) SAVING 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