Retirement plan

W. Z. WISCO, INC. 401(K) PROFIT SHARING PLAN

Name: W. Z. WISCO, INC. - W. Z. WISCO, INC. 401(K) PROFIT SHARING PLAN (2022) Form 5500
Creator: W. Z. WISCO, INC.
License: https://www.dol.gov/general/disclaim
Keywords: Form 5500, ERISA, retirement plan, W. Z. WISCO, INC. 401(K) PROFIT SHARING PLAN, W. Z. WISCO, INC.

W. Z. WISCO, INC.EIN 39-1606374Plan #001PY 2022

77 HOLIDAY LANE - FOND DU LAC, WI 54937920-923-1440

Prospect flagsHigh feesLow participationRecently reached 100 employeesFailed to transmit contributions

How to read this page

Total assets (EOY)

$3.1M

-15.5% from 2021

Total participants

276

+21.1% from 2021

Average account balance

$26,389

-31.4% from 2021

Annual return

-15.77%

-27.25 pp from 2021

Benchmarks

See 1,006 peers

Peer group

Industry72 - Accommodation and Food Services

Plan typeDefined contribution

Participants100-249

Cohort1,006 peers

Snapshot2022

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Analytics

Total assets (EOY)

Plan-year ending balance

Not enough data

1 years with asset history on file

Average account balance

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

Not enough data

0 years with per-participant data

Participants with account balance

Stacked by status: active / separated vested / retired or beneficiary. Total = line 6g.

Not enough data

0 years with headcount on file

Eligible Participants and Participation

Bars: eligible actives (line 6a). Line: derived rate = active employees with a balance / 6a.

Not enough data

0 years with eligibility data

Contributions (total)

Employer and participant dollars contributed each year

Not enough data

0 years with contributions on file

Contributions per participant

Average employer and participant contribution per enrolled participant

Not enough data

0 years with per-participant contribution data

Asset flow

BOY + contributions + return - distributions = EOY

Year

Annual return

Diverging bars; negative years highlighted

-100.00%

Not enough data

1 years with return on file

Admin fee / account holder

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

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

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Service providers

Top 4 by compensation

Provider	Service type	Compensation
AMERICAN REALTY ADVISORS2 years Filed as: AMERICAN TRUST COMPANY Service code 15 · EIN 62-0951563	Recordkeeping	$18,208
BOYUM & BARENSCHEER PLLP2 years Filed as: BOYUM BARENSCHEER Service code 10 · EIN 41-6192096	Accounting	$12,500
ASCENSUS LLC2 years Filed as: MAP RETIREMENT USA LLC Service code 13 · EIN 39-1884254	Contract Administrator	$11,670
CLIFTONLARSONALLEN LLP5 years Service code 27 · EIN 41-0746749 200 EAST WASHINGTON ST, PO BOX 1739 · APPLETON, WI 549121739	Advisory (Plan)	$10,775

Plan features & details

Pension benefit codes2E2F2G2J2K2S2T3D3H

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.
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.
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.
3H
Controlled group member
Plan sponsor(s) is (are) a member(s) of a controlled group (Code sections 414(b) (c) or (m)).

Opportunity flags

4 tripped

OpportunityLow participation
Participation rate is below 70% (account-balance holders / active employees) - enrollment or auto-enroll opportunity.
OpportunityHigh fees
Administrative expenses exceed $300 per participant per year - possible fee-review opportunity. (Recordkeeping / audit / legal; excludes investment management.)
ComplianceFailed to transmit contributions
Form 5500 reported a failure to timely transmit participant contributions (Schedule H line 4a).
InformationalRecently reached 100 employees
Sponsor crossed the 100-balance-holder threshold in the most recent filing - large-plan audit requirement now applies.

Expense breakdown

Schedule H Part II

Admin total

$40K

$176 / participant

Contract admin$40K100.0%

% of EOY assets

1.307%

all-in expense ratio

Categories reported

1 / 9

subdivided buckets used

Audit opinion

Schedule H Part III

Unqualified opinion

The auditor signed off without reservation. This is the cleanest opinion.

Auditor firm: BOYUM & BARENSCHEER PLLP
Auditor EIN: 416192096
Audit fees: (not subdivided)
Opinion code: Unqualified

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Metric

This plan

Peer set

Industry

Size

Avg account balance

$26,389

$26,549-0.6%

$61,373-57.0%

$66,914-60.6%

Participation rate

30.6%

38.1%-7.5pp

52.6%-22.0pp

69.8%-39.2pp

Annual return

-15.77%

-16.21%+0.4pp

338.61%-354.4pp

1.58%-17.3pp

Employer contribution / active EE

$651-100.0%

$1,159-100.0%

$2,544-100.0%

Participant deferral / active EE

$648

$1,338-51.6%

$2,125-69.5%

$4,237-84.7%

Admin fee / account holder

$345

$409-15.6%

$2,130-83.8%

$593-41.9%

Provider

Service type

Compensation

AMERICAN REALTY ADVISORS2 years

Filed as: AMERICAN TRUST COMPANY

Service code 15 · EIN 62-0951563

Recordkeeping

$18,208

BOYUM & BARENSCHEER PLLP2 years

Filed as: BOYUM BARENSCHEER

Service code 10 · EIN 41-6192096

Accounting

$12,500

ASCENSUS LLC2 years

Filed as: MAP RETIREMENT USA LLC

Service code 13 · EIN 39-1884254

Contract Administrator

$11,670

CLIFTONLARSONALLEN LLP5 years

Service code 27 · EIN 41-0746749

200 EAST WASHINGTON ST, PO BOX 1739 · APPLETON, WI 549121739

Advisory (Plan)

$10,775

W. Z. WISCO, INC. 401(K) PROFIT SHARING PLAN

Summary metrics

Benchmarksi

Analytics

Service providersi

Plan features & details

Opportunity flagsi

Expense breakdowni

Audit opinioni

W. Z. WISCO, INC. 401(K) PROFIT SHARING 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