Retirement plan

PARTNERS BANK OF WISCONSIN EMPLOYEE STOCK OWNERSHIP PLAN

Name: STRATFORD BANCSHARES, INC. - PARTNERS BANK OF WISCONSIN EMPLOYEE STOCK OWNERSHIP PLAN (2023) Form 5500
Creator: STRATFORD BANCSHARES, INC.
License: https://www.dol.gov/general/disclaim
Keywords: Form 5500, ERISA, retirement plan, PARTNERS BANK OF WISCONSIN EMPLOYEE STOCK OWNERSHIP PLAN, STRATFORD BANCSHARES, INC.

STRATFORD BANCSHARES, INC.EIN 39-1547587Plan #002PY 2023

307 N WEBER AVENUE, PO BOX 13 - STRATFORD, WI 54484715-687-2411

Prospect flagsLow returnsHigh fees

How to read this page

Total assets (EOY)

$2.1M

-8.0% from 2022

Total participants

+15.6% from 2022

Average account balance

$40,296

-18.8% from 2022

Annual return

-0.07%

-6.46 pp from 2022

Benchmarks

See 7,179 peers

Peer group

Industry52 - Finance and Insurance

Plan typeDefined contribution

Participants25-99

Cohort7,179 peers

Snapshot2023

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

Analytics

Total assets (EOY)

Plan-year ending balance

$2.18M

Not enough data

1 years with asset history on file

Average account balance

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

$40K

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.

100.0%

Not enough data

1 years with eligibility data

Contributions (total)

Employer and participant dollars contributed each year

$227K

Not enough data

1 years with contributions on file

Contributions per participant

Average employer and participant contribution per enrolled participant

$7K

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

+13.48%

Not enough data

1 years with return on file

Admin fee / account holder

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

$6158

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

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 codes2O3I

Plan features

2O
ESOP other than a leveraged ESOP
Employee stock ownership plan that is not leveraged.
3I
Employer securities investment required
Plan requiring that all or part of employer contributions be invested and held at least for a limited period in employer securities.

Opportunity flags

2 tripped

OpportunityHigh fees
Administrative expenses exceed $300 per participant per year - possible fee-review opportunity. (Recordkeeping / audit / legal; excludes investment management.)
OpportunityLow returns
Annual investment return is in the bottom quintile of the peer cohort.

Expense breakdown

Schedule H Part II

Admin total

$278K

$9256 / participant

Other / not subdivided$278K100.0%

% of EOY assets

13.512%

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

$40,296

$125,758-68.0%

$170,004-76.3%

$75,173-46.4%

Participation rate

96.7%

83.6%+13.1pp

87.0%+9.7pp

67.2%+29.5pp

Annual return

-0.07%

27.20%-27.3pp

53.39%-53.5pp

160.65%-160.7pp

Employer contribution / active EE

$3,332

$4,615-27.8%

$6,786-50.9%

$2,670+24.8%

Participant deferral / active EE

$6,837-100.0%

$10,408-100.0%

$4,126-100.0%

Admin fee / account holder

$5,445

$8,173-33.4%

$12,816-57.5%

$5,651-3.7%

PARTNERS BANK OF WISCONSIN EMPLOYEE STOCK OWNERSHIP PLAN

Summary metrics

Benchmarksi

Analytics

Service providersi

Plan features & details

Opportunity flagsi

Expense breakdowni

Audit opinioni

PARTNERS BANK OF WISCONSIN EMPLOYEE STOCK OWNERSHIP 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