Retirement plan

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

Name: WELDALL MFG., INC. - WELDALL MFG., INC. PROFIT SHARING 401(K) SAVING PLAN (2017) 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 2017

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

Prospect flagsNo flags tripped

How to read this page

Total assets (EOY)

$7.4M

+6.9% from 2016

Total participants

188

-16.4% from 2016

Average account balance

$39,736

+19.7% from 2016

Annual return

14.06%

+4.99 pp from 2016

Benchmarks

See 4,147 peers

Peer group

Industry33 - Manufacturing

Plan typeDefined contribution

Participants100-249

Cohort4,147 peers

Snapshot2017

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 LLC3+ years Service code 49 · EIN 45-3717999	Other Services	$14,581
PRINCIPAL LIFE INSURANCE COMPANY1 year Filed as: PRINCIPAL LIFE INSURANCE CO. Service code 13 · EIN 42-0127290	Contract Administrator	$5,183
NATIONAL ADMINISTRATION, INC.2 years Filed as: NAI, INC. Service code 13 · EIN 39-1967492	Contract Administrator	$4,952
NATIONAL ADMINISTRATION, INC.2 years Filed as: NAI Service code 13	Contract Administrator	$2,960

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

$10K

$63 / participant

Contract admin$10K100.0%

% of EOY assets

0.138%

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

$39,736

$64,909-38.8%

$82,312-51.7%

$62,293-36.2%

Participation rate

98.1%

74.9%+23.3pp

76.9%+21.2pp

69.5%+28.6pp

Annual return

14.06%

21.18%-7.1pp

25.88%-11.8pp

28.90%-14.8pp

Employer contribution / active EE

$1,020

$1,676-39.2%

$2,428-58.0%

$2,042-50.1%

Participant deferral / active EE

$2,606

$3,103-16.0%

$3,706-29.7%

$3,169-17.8%

Admin fee / account holder

$55

$440-87.5%

$5,608-99.0%

$479-88.6%

Provider

Service type

Compensation

CABOT LODGE SECURITIES LLC3+ years

Service code 49 · EIN 45-3717999

Other Services

$14,581

PRINCIPAL LIFE INSURANCE COMPANY1 year

Filed as: PRINCIPAL LIFE INSURANCE CO.

Service code 13 · EIN 42-0127290

Contract Administrator

$5,183

NATIONAL ADMINISTRATION, INC.2 years

Filed as: NAI, INC.

Service code 13 · EIN 39-1967492

Contract Administrator

$4,952

NATIONAL ADMINISTRATION, INC.2 years

Filed as: NAI

Service code 13

Contract Administrator

$2,960

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