Retirement plan

WISCONSIN WOMEN'S BUSINESS INITIATIVE CORP TAX DEFERRED ANNUITY PLAN

Name: WISCONSIN WOMEN'S BUSINESS INITIATIVE CORP - WISCONSIN WOMEN'S BUSINESS INITIATIVE CORP TAX DEFERRED ANNUITY PLAN (2021) Form 5500
Creator: WISCONSIN WOMEN'S BUSINESS INITIATIVE CORP
License: https://www.dol.gov/general/disclaim
Keywords: Form 5500, ERISA, retirement plan, WISCONSIN WOMEN'S BUSINESS INITIATIVE CORP TAX DEFERRED ANNUITY PLAN, WISCONSIN WOMEN'S BUSINESS INITIATIVE CORP

WISCONSIN WOMEN'S BUSINESS INITIATIVE CORPEIN 39-1597954Plan #001PY 2021

1533 RIVERCENTER DRIVE - MILWAUKEE, WI 532123913414-263-5450

Prospect flagsHigh feesLow participationLow participant contribution

How to read this page

Total assets (EOY)

$2.7M

+0.0% from 2020

Total participants

119

+9.2% from 2020

Average account balance

$29,920

-33.3% from 2020

Annual return

12.88%

-1.69 pp from 2020

Benchmarks

See 27,004 peers

Peer group

Industry54 - Professional, Scientific, and Technical Services

Plan typeDefined contribution

Participants25-99

Cohort27,004 peers

Snapshot2021

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

Analytics

Total assets (EOY)

Plan-year ending balance

$2.66M

Not enough data

1 years with asset history on file

Average account balance

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

$20K

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.

135

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

$445K

Not enough data

1 years with contributions on file

Contributions per participant

Average employer and participant contribution per enrolled participant

$8K

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

+10.77%

Not enough data

1 years with return on file

Admin fee / account holder

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

$218

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

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 codes2F2G2L2M2T3D2S

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.
2L
Code section 403(b)(1) arrangement
Plan uses a Code section 403(b)(1) annuity contract as a funding vehicle.
2M
Code section 403(b)(7) accounts
Plan uses Code section 403(b)(7) custodial accounts as a funding vehicle.
2S
Automatic enrollment
Plan provides for automatic enrollment in plan that has elective contributions deducted from payroll.
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

3 tripped

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

$726K

$9810 / participant

Other / not subdivided$726K100.0%

% of EOY assets

26.958%

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

$29,920

$105,200-71.6%

$159,474-81.2%

$85,847-65.1%

Participation rate

60.8%

75.8%-15.0pp

82.8%-22.0pp

69.3%-8.5pp

Annual return

12.88%

45.08%-32.2pp

263.68%-250.8pp

318.61%-305.7pp

Employer contribution / active EE

$2,411

$3,319-27.4%

$4,831-50.1%

$2,565-6.0%

Participant deferral / active EE

$2,443

$5,946-58.9%

$7,353-66.8%

$3,952-38.2%

Admin fee / account holder

$8,066

$6,934+16.3%

$10,802-25.3%

$6,261+28.8%

WISCONSIN WOMEN'S BUSINESS INITIATIVE CORP TAX DEFERRED ANNUITY PLAN

Summary metrics

Benchmarksi

Analytics

Service providersi

Plan features & details

Opportunity flagsi

Expense breakdowni

Audit opinioni

WISCONSIN WOMEN'S BUSINESS INITIATIVE CORP TAX DEFERRED ANNUITY 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