Retirement plan

G-F COMPANIES EMPLOYEES 401(K) PLAN

Name: GUNDERSON-FAULKNER WISCONSIN CORPORATION - G-F COMPANIES EMPLOYEES 401(K) PLAN (2021) Form 5500
Creator: GUNDERSON-FAULKNER WISCONSIN CORPORATION
License: https://www.dol.gov/general/disclaim
Keywords: Form 5500, ERISA, retirement plan, G-F COMPANIES EMPLOYEES 401(K) PLAN, GUNDERSON-FAULKNER WISCONSIN CORPORATION

GUNDERSON-FAULKNER WISCONSIN CORPORATIONEIN 39-1485663Plan #001PY 2021

101 DIVISION STREET NORTH - STEVENS POINT, WI 54481715-345-2913LinkedIn51-200 employeesindividual & family services

Prospect flagsLow participationLow employer contribution

How to read this page

Total assets (EOY)

$4.2M

-4.2% from 2020

Total participants

127

-9.3% from 2020

Average account balance

$48,612

+5.8% from 2020

Annual return

13.23%

-1.73 pp from 2020

Benchmarks

See 1,682 peers

Peer group

Industry81 - Other Services (except Public Administration)

Plan typeDefined contribution

Participants100-249

Cohort1,682 peers

Snapshot2021

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

Analytics

Total assets (EOY)

Plan-year ending balance

$4.30M

Not enough data

1 years with asset history on file

Average account balance

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

$64K

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.

78.8%

Not enough data

1 years with eligibility data

Contributions (total)

Employer and participant dollars contributed each year

$200K

Not enough data

1 years with contributions on file

Contributions per participant

Average employer and participant contribution per enrolled participant

$2K

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

+16.14%

Not enough data

1 years with return on file

Admin fee / account holder

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

$5571

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

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

Service providers

Top 2 by compensation

Provider	Service type	Compensation
JOHN HANCOCK LIFE INSURANCE COMPANY1 year Filed as: JOHN HANCOCK LIFE INSURANCE CO Service code 64 · EIN 01-0233346 P O BOX 600 · BUFFALO VILLAGE, NY 142010600	Recordkeeping Fees	$820
MASSACHUSETTS MUTUAL LIFE INS. CO.7+ years Filed as: MASS MUTUAL Service code 15 · EIN 04-1590850 PO BOX 1583 · HARTFORD, CT 061441583	Recordkeeping	$771

Plan features & details

Pension benefit codes2F2G2J2K2T3D

Plan features

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.
2K
Code section 401(m) arrangement
Employee contributions are allocated to separate accounts under the plan or employer contributions are based in whole or in part on employee deferrals or contributions to the plan. Not applicable to 401(k) plans with only QNECs and/or QMACs or to 403(b)(1) 403(b)(7) or 408 arrangements.
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

2 tripped

OpportunityLow participation
Participation rate is below 70% (account-balance holders / active employees) - enrollment or auto-enroll opportunity.
OpportunityLow employer contribution
Employer contribution per participant is in the bottom quintile of the peer cohort.

Expense breakdown

Schedule H Part II

Admin total

$22K

$209 / participant

Other / not subdivided$22K100.0%

% of EOY assets

0.524%

all-in expense ratio

Categories reported

0 / 9

subdivided buckets used

Audit opinion

Schedule H Part III

Unqualified opinion

Auditor signed off without reservation - the cleanest possible opinion.

Auditor firm: CLIFTONLARSONALLEN LLP
Auditor EIN: 410746749
Audit fees: (not subdivided)
Opinion code: Unqualified

Metric

This plan

Peer set

Industry

Size

Avg account balance

$48,612

$63,768-23.8%

$98,483-50.6%

$79,391-38.8%

Participation rate

61.0%

69.9%-8.9pp

73.3%-12.4pp

70.7%-9.8pp

Annual return

13.23%

626.18%-613.0pp

1494.38%-1481.2pp

116.88%-103.7pp

Employer contribution / active EE

$144

$2,558-94.4%

$2,961-95.1%

$2,428-94.1%

Participant deferral / active EE

$1,471

$3,305-55.5%

$4,276-65.6%

$4,046-63.6%

Admin fee / account holder

$255

$516-50.6%

$5,953-95.7%

$627-59.4%

Provider

Service type

Compensation

JOHN HANCOCK LIFE INSURANCE COMPANY1 year

Filed as: JOHN HANCOCK LIFE INSURANCE CO

Service code 64 · EIN 01-0233346

P O BOX 600 · BUFFALO VILLAGE, NY 142010600

Recordkeeping Fees

$820

MASSACHUSETTS MUTUAL LIFE INS. CO.7+ years

Filed as: MASS MUTUAL

Service code 15 · EIN 04-1590850

PO BOX 1583 · HARTFORD, CT 061441583

Recordkeeping

$771

G-F COMPANIES EMPLOYEES 401(K) PLAN

Summary metrics

Benchmarksi

Analytics

Service providersi

Plan features & details

Opportunity flagsi

Expense breakdowni

Audit opinioni

G-F COMPANIES EMPLOYEES 401(K) 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