Retirement plan

SHAKESPEARE WEALTH MANAGEMENT, LLC RETIREMENT SAVINGS PLAN

Name: SHAKESPEARE WEALTH MANAGEMENT LLC - SHAKESPEARE WEALTH MANAGEMENT, LLC RETIREMENT SAVINGS PLAN (2022) Form 5500
Creator: SHAKESPEARE WEALTH MANAGEMENT LLC
License: https://www.dol.gov/general/disclaim
Keywords: Form 5500, ERISA, retirement plan, SHAKESPEARE WEALTH MANAGEMENT, LLC RETIREMENT SAVINGS PLAN, SHAKESPEARE WEALTH MANAGEMENT LLC

SHAKESPEARE WEALTH MANAGEMENT LLCEIN 39-1944977Plan #002PY 2022

N22 W27847 EDGEWATER DRIVE, SUITE 101 - PEWAUKEE, WI 53072262-814-1600shakespearewm.comLinkedIn1-10 employeesfinancial services

Other plans on this EIN

1 filing

#003Retirement-$1.1M assets

Prospect flagsHigh feesHigh assets / participant

How to read this page

Total assets (EOY)

$1.9M

-12.1% from 2021

Total participants

-14.3% from 2021

Average account balance

$319,269

+2.6% from 2021

Annual return

-15.32%

-28.74 pp from 2021

Benchmarks

See 35,225 peers

Peer group

Industry52 - Finance and Insurance

Plan typeDefined contribution

Participants<25

Cohort35,225 peers

Snapshot2022

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

Analytics

Total assets (EOY)

Plan-year ending balance

$5.23M

Not enough data

1 years with asset history on file

Average account balance

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

$746K

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.

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

$246K

Not enough data

1 years with contributions on file

Contributions per participant

Average employer and participant contribution per enrolled participant

$35K

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

+11.80%

Not enough data

1 years with return on file

Admin fee / account holder

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

$1264

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

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 codes2E2F2G2J2R3D

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.
2R
Participant-directed brokerage accounts
Participant-directed brokerage accounts provided as an investment option under the plan.
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

2 tripped

OpportunityHigh fees
Administrative expenses exceed $300 per participant per year - possible fee-review opportunity. (Recordkeeping / audit / legal; excludes investment management.)
InformationalHigh assets / participant
Assets per participant exceed $250,000 - top-decile high-value plan.

Expense breakdown

Schedule H Part II

Admin total

$75K

$12424 / participant

Other / not subdivided$75K100.0%

% of EOY assets

3.891%

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

$319,269

$167,503+90.6%

$151,627+110.6%

$134,493+137.4%

Participation rate

100.0%

88.4%+11.6pp

87.5%+12.5pp

81.2%+18.8pp

Annual return

-15.32%

7.80%-23.1pp

3.33%-18.6pp

418.01%-433.3pp

Employer contribution / active EE

$8,043

$6,829+17.8%

$6,166+30.4%

$4,740+69.7%

Participant deferral / active EE

$16,051

$8,985+78.6%

$8,363+91.9%

$6,400+150.8%

Admin fee / account holder

$12,424

$13,777-9.8%

$11,612+7.0%

$11,425+8.7%

SHAKESPEARE WEALTH MANAGEMENT, LLC RETIREMENT SAVINGS PLAN

Summary metrics

Benchmarksi

Analytics

Service providersi

Plan features & details

Opportunity flagsi

Expense breakdowni

Audit opinioni

SHAKESPEARE WEALTH MANAGEMENT, LLC RETIREMENT SAVINGS 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