Retirement plan

WAUNAKEE REMODELING 401(K) PLAN

Name: WAUNAKEE REMODELING - WAUNAKEE REMODELING 401(K) PLAN (2019) Form 5500
Creator: WAUNAKEE REMODELING
License: https://www.dol.gov/general/disclaim
Keywords: Form 5500, ERISA, retirement plan, WAUNAKEE REMODELING 401(K) PLAN, WAUNAKEE REMODELING

WAUNAKEE REMODELINGEIN 39-1807594Plan #001PY 2019

1001 FRANK H STREET - WAUNAKEE, WI 53597608-849-5155waunakeeremodeling.comLinkedIn51-200 employeesconstruction

Prospect flagsLow participationLow employer contributionCorrective distributions

How to read this page

Total assets (EOY)

$6M

+36.1% from 2018

Total participants

252

+11.0% from 2018

Average account balance

$33,998

+30.8% from 2018

Annual return

26.39%

+36.70 pp from 2018

Benchmarks

See 2,830 peers

Peer group

Industry23 - Construction

Plan typeDefined contribution

Participants100-249

Cohort2,830 peers

Snapshot2019

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

Analytics

Total assets (EOY)

Plan-year ending balance

$7.94M

Not enough data

1 years with asset history on file

Average account balance

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

$65K

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.

123

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.

69.1%

Not enough data

1 years with eligibility data

Contributions (total)

Employer and participant dollars contributed each year

$721K

Not enough data

1 years with contributions on file

Contributions per participant

Average employer and participant contribution per enrolled participant

$6K

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

+16.59%

Not enough data

1 years with return on file

Admin fee / account holder

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

$246

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 2 by compensation

Provider	Service type	Compensation
NATIONWIDE4 years Service code 15 ONE NATIONWIDE PLAZA · COLUMBUS, OH 43215	Recordkeeping	$47,142
MORGAN STANLEY SMITH BARNEY2 years Filed as: MORGAN STANLEY INS SVS INC Service code 15 1 NEW YORK PLAZA, 12TH FL · NEW YORK, NY 10004	Recordkeeping	$0

Plan features & details

Pension benefit codes2E2F2G2J2K3D3H

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.
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

3 tripped

OpportunityLow participation
Participation rate is below 70% (account-balance holders / active employees) - enrollment or auto-enroll opportunity.
OpportunityLow employer contribution
Employer contribution per participant is in the bottom quintile of the peer cohort.
ComplianceCorrective distributions
Plan reported corrective distributions (failed ADP/ACP testing).

Expense breakdown

Schedule H Part II

Admin total

$4K

$20 / participant

Contract admin$4K100.0%

% of EOY assets

0.067%

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 US, LLP
Auditor EIN: 390859910
Audit fees: (not subdivided)
Opinion code: Disclaimer

Metric

This plan

Peer set

Industry

Size

Avg account balance

$33,998

$63,114-46.1%

$92,909-63.4%

$65,185-47.8%

Participation rate

62.1%

68.8%-6.7pp

76.0%-13.9pp

70.2%-8.1pp

Annual return

26.39%

28.75%-2.4pp

109.44%-83.0pp

29.38%-3.0pp

Employer contribution / active EE

$549

$2,571-78.6%

$3,653-85.0%

$2,177-74.8%

Participant deferral / active EE

$3,114

$3,108+0.2%

$4,238-26.5%

$3,514-11.4%

Admin fee / account holder

$23

$624-96.3%

$5,795-99.6%

$847-97.3%

Provider

Service type

Compensation

NATIONWIDE4 years

Service code 15

ONE NATIONWIDE PLAZA · COLUMBUS, OH 43215

Recordkeeping

$47,142

MORGAN STANLEY SMITH BARNEY2 years

Filed as: MORGAN STANLEY INS SVS INC

Service code 15

1 NEW YORK PLAZA, 12TH FL · NEW YORK, NY 10004

Recordkeeping

WAUNAKEE REMODELING 401(K) PLAN

Summary metrics

Benchmarksi

Analytics

Service providersi

Plan features & details

Opportunity flagsi

Expense breakdowni

Audit opinioni

WAUNAKEE REMODELING 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