Retirement plan

WB HOLDINGS 401(K) PLAN

Name: WB HOLDINGS, INC. - WB HOLDINGS 401(K) PLAN (2020) 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 2020

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)

$29.9M

+10.4% from 2019

Total participants

495

+2.5% from 2019

Average account balance

$91,631

+11.8% from 2019

Annual return

13.59%

-7.10 pp from 2019

Benchmarks

See 659 peers

Peer group

Industry48 - Transportation and Warehousing

Plan typeDefined contribution

Participants250-999

Cohort659 peers

Snapshot2020

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
CAMBRIDGE INVESTMENT RESEARCH3 years Filed as: CAMBRIDGE INVESTMENT RESEARCH, INC. Service code 55	Other Commissions	$54,877
BLUE CHIP RETIREMENT PLANS, INC.6+ years Filed as: BLUE CHIP RETIRMENT PLANS, INC. Service code 13 6737 W. WASHINGTON STREET · MILWAUKEE, WI 53214	Contract Administrator	$12,723
BLUE CHIP RETIREMENT PLANS, INC.6+ years Service code 13	Contract Administrator	$10,000
GREAT-WEST LIFE & ANNUITY INSURANCE6+ years Filed as: GREAT WEST LIFE & ANNUITY COMPANY Service code 64 8515 EAST ORCHARD ROAD · GREENWOOD VILLAGE, CO 80111	Recordkeeping Fees	$4,500
GREAT-WEST LIFE & ANNUITY INSURANCE6+ years Filed as: ADVISED ASSET GROUP Service code 28 8515 EAST ORCHARD RD · GREENWOOD VILLAGE, CO 80111	Investment Management	$3,491
CAMBRIDGE INVESTMENT RESEARCH2 years Filed as: CAMBRIDGE INVESTMENT RESEARCH INC. Service code 55 1776 PLEASANT PLAIN RD · FAIRFIELD, IA 52556	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

$19K

$45 / participant

Contract admin$19K100.0%

% of EOY assets

0.063%

all-in expense ratio

Categories reported

1 / 9

subdivided buckets used

Audit opinion

Schedule H Part III

Unqualified opinion

Auditor signed off without reservation - the cleanest possible opinion.

Auditor firm: BAKER TILLY US, LLP
Auditor EIN: 390859910
Audit fees: (not subdivided)
Opinion code: Unqualified

Metric

This plan

Peer set

Industry

Size

Avg account balance

$91,631

$51,288+78.7%

$81,982+11.8%

$73,412+24.8%

Participation rate

59.9%

64.0%-4.1pp

69.3%-9.4pp

72.2%-12.3pp

Annual return

13.59%

29.48%-15.9pp

41.31%-27.7pp

59.30%-45.7pp

Employer contribution / active EE

$799

$1,487-46.3%

$2,498-68.0%

$2,234-64.2%

Participant deferral / active EE

$2,702

$2,715-0.5%

$3,722-27.4%

$3,806-29.0%

Admin fee / account holder

$58

$125-53.7%

$5,665-99.0%

$158-63.2%

Provider

Service type

Compensation

CAMBRIDGE INVESTMENT RESEARCH3 years

Filed as: CAMBRIDGE INVESTMENT RESEARCH, INC.

Service code 55

Other Commissions

$54,877

BLUE CHIP RETIREMENT PLANS, INC.6+ years

Filed as: BLUE CHIP RETIRMENT PLANS, INC.

Service code 13

6737 W. WASHINGTON STREET · MILWAUKEE, WI 53214

Contract Administrator

$12,723

BLUE CHIP RETIREMENT PLANS, INC.6+ years

Service code 13

Contract Administrator

$10,000

GREAT-WEST LIFE & ANNUITY INSURANCE6+ years

Filed as: GREAT WEST LIFE & ANNUITY COMPANY

Service code 64

8515 EAST ORCHARD ROAD · GREENWOOD VILLAGE, CO 80111

Recordkeeping Fees

$4,500

GREAT-WEST LIFE & ANNUITY INSURANCE6+ years

Filed as: ADVISED ASSET GROUP

Service code 28

8515 EAST ORCHARD RD · GREENWOOD VILLAGE, CO 80111

Investment Management

$3,491

CAMBRIDGE INVESTMENT RESEARCH2 years

Filed as: CAMBRIDGE INVESTMENT RESEARCH INC.

Service code 55

1776 PLEASANT PLAIN RD · FAIRFIELD, IA 52556

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