Retirement plan

WB HOLDINGS 401(K) PLAN

Name: WB HOLDINGS, INC. - WB HOLDINGS 401(K) PLAN (2015) Form 5500
Creator: WB HOLDINGS, INC.
License: https://www.dol.gov/general/disclaim
Keywords: Form 5500, ERISA, retirement plan, WB HOLDINGS 401(K) PLAN, WB HOLDINGS, INC.

WB HOLDINGS, INC.EIN 39-1676059Plan #003PY 2015

6487 HIGHWAY 175 - ALLENTON, WI 53002262-629-5000LinkedIn1-10 employeeslogistics and supply chain

Prospect flagsLow participationCorrective distributions

How to read this page

Total assets (EOY)

$21.7M

No prior year

Total participants

514

No prior year

Average account balance

$65,638

No prior year

Annual return

1.46%

No prior year

Benchmarks

See 599 peers

Peer group

Industry48 - Transportation and Warehousing

Plan typeDefined contribution

Participants250-999

Cohort599 peers

Snapshot2015

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

Analytics

Total assets (EOY)

Plan-year ending balance

$34.72M

Not enough data

1 years with asset history on file

Average account balance

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

$83K

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.

417

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.

83.6%

Not enough data

1 years with eligibility data

Contributions (total)

Employer and participant dollars contributed each year

$1.54M

Not enough data

1 years with contributions on file

Contributions per participant

Average employer and participant contribution per enrolled participant

$4K

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

+15.97%

Not enough data

1 years with return on file

Admin fee / account holder

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

$86

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 6 by compensation

Provider	Service type	Compensation
VOYA RETIREMENT INSURANCE & ANNUITY1+ years Filed as: VOYA FIANCIAL ADVISORS, INC. Service code 55	Other Commissions	$43,220
BLUE CHIP RETIREMENT PLANS, INC.1+ years Filed as: BLUE CHIP RETIRMENT PLANS, INC. Service code 10 6737 W. WASHINGTON STREET · MILWAUKEE, WI 53214	Accounting	$13,100
BLUE CHIP RETIREMENT PLANS, INC.1+ years Service code 13	Contract Administrator	$10,000
GREAT-WEST LIFE & ANNUITY INSURANCE1+ years Filed as: GREAT WEST LIFE & ANNUITY COMPANY Service code 64 8515 EAST ORCHARD ROAD · GREENWOOD VILLAGE, CO 80111	Recordkeeping Fees	$7,113
GREAT-WEST LIFE & ANNUITY INSURANCE1+ years Filed as: ADVISED ASSET GROUP Service code 28 8515 EAST ORCHARD ROAD · GREENWOOD VILLAGE, CO 80111	Investment Management	$109
VOYA RETIREMENT INSURANCE & ANNUITY1+ years Filed as: VOYA FINANCIAL ADVISORS, INC. Service code 55 909 LOCUST STREET · DES MOINES, IA 50309	Other Commissions	$0

Plan features & details

Pension benefit codes2E2F2G2J2K2T3D3H

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.
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

2 tripped

OpportunityLow participation
Participation rate is below 70% (account-balance holders / active employees) - enrollment or auto-enroll opportunity.
ComplianceCorrective distributions
Plan reported corrective distributions (failed ADP/ACP testing).

Expense breakdown

Schedule H Part II

Admin total

$18K

$41 / participant

Contract admin$18K100.0%

% of EOY assets

0.083%

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: BAKER TILLY VIRCHOW KRAUSE LLP
Auditor EIN: 390859910
Audit fees: (not subdivided)
Opinion code: Disclaimer

Metric

This plan

Peer set

Industry

Size

Avg account balance

$65,638

$39,458+66.4%

$60,547+8.4%

$55,191+18.9%

Participation rate

58.1%

59.6%-1.5pp

68.0%-9.8pp

69.2%-11.0pp

Annual return

1.46%

3.35%-1.9pp

335.64%-334.2pp

10.78%-9.3pp

Employer contribution / active EE

$693

$1,210-42.8%

$2,419-71.4%

$1,899-63.5%

Participant deferral / active EE

$2,204

$2,140+3.0%

$3,328-33.8%

$3,046-27.6%

Admin fee / account holder

$54

$95-42.8%

$4,536-98.8%

$91-40.1%

Provider

Service type

Compensation

VOYA RETIREMENT INSURANCE & ANNUITY1+ years

Filed as: VOYA FIANCIAL ADVISORS, INC.

Service code 55

Other Commissions

$43,220

BLUE CHIP RETIREMENT PLANS, INC.1+ years

Filed as: BLUE CHIP RETIRMENT PLANS, INC.

Service code 10

6737 W. WASHINGTON STREET · MILWAUKEE, WI 53214

Accounting

$13,100

BLUE CHIP RETIREMENT PLANS, INC.1+ years

Service code 13

Contract Administrator

$10,000

GREAT-WEST LIFE & ANNUITY INSURANCE1+ years

Filed as: GREAT WEST LIFE & ANNUITY COMPANY

Service code 64

8515 EAST ORCHARD ROAD · GREENWOOD VILLAGE, CO 80111

Recordkeeping Fees

$7,113

GREAT-WEST LIFE & ANNUITY INSURANCE1+ years

Filed as: ADVISED ASSET GROUP

Service code 28

8515 EAST ORCHARD ROAD · GREENWOOD VILLAGE, CO 80111

Investment Management

$109

VOYA RETIREMENT INSURANCE & ANNUITY1+ years

Filed as: VOYA FINANCIAL ADVISORS, INC.

Service code 55

909 LOCUST STREET · DES MOINES, IA 50309

Other Commissions

WB HOLDINGS 401(K) PLAN

Summary metrics

Benchmarksi

Analytics

Service providersi

Plan features & details

Opportunity flagsi

Expense breakdowni

Audit opinioni

WB HOLDINGS 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