Retirement plan

WISCONSIN MASONS 401(K) PLAN AND TRUST

Name: THE BOARD OF TRUSTEES OF THE WISCONSIN MASONS 401(K) PLAN AND TRUST - WISCONSIN MASONS 401(K) PLAN AND TRUST (2021) Form 5500
Creator: THE BOARD OF TRUSTEES OF THE WISCONSIN MASONS 401(K) PLAN AND TRUST
License: https://www.dol.gov/general/disclaim
Keywords: Form 5500, ERISA, retirement plan, WISCONSIN MASONS 401(K) PLAN AND TRUST, THE BOARD OF TRUSTEES OF THE WISCONSIN MASONS 401(K) PLAN AND TRUST

THE BOARD OF TRUSTEES OF THE WISCONSIN MASONS 401(K) PLAN AND TRUSTEIN 39-2008571Plan #001PY 2021

2901 WEST BELTLINE HIGHWAY, SUITE 100 - MADISON, WI 53713608-278-9505

Prospect flagsLow participant contribution

How to read this page

Total assets (EOY)

$26.7M

+31.0% from 2020

Total participants

600

+3.1% from 2020

Average account balance

$44,531

+27.1% from 2020

Annual return

33.44%

+28.28 pp from 2020

Benchmarks

See 1,509 peers

Peer group

Industry52 - Finance and Insurance

Plan typeDefined contribution

Participants250-999

Cohort1,509 peers

Snapshot2021

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

Analytics

Total assets (EOY)

Plan-year ending balance

$27.26M

Not enough data

1 years with asset history on file

Average account balance

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

$32K

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.

865

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

$1.40M

Not enough data

1 years with contributions on file

Contributions per participant

Average employer and participant contribution per enrolled participant

$2K

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

+9.28%

Not enough data

1 years with return on file

Admin fee / account holder

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

$171

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 5 by compensation

Provider	Service type	Compensation
GREAT-WEST LIFE & ANNUITY INSURANCE6+ years Filed as: GREAT WEST RETIREMENT SERVICES Service code 21 · EIN 84-0467907	Bank Trustee	$43,914
BENEFIT PLAN ADMINISTRATORS6+ years Filed as: BENEFIT PLAN ADMINISTRATION Service code 13 · EIN 39-1400101	Contract Administrator	$15,168
REINHART BOERNER VAN DEUREN S.C.4 years Service code 29 · EIN 39-1126909	Legal	$13,226
THE PREVIANT LAW FIRM, S.C.2 years Filed as: THE PREVIANT LAW FIRM Service code 29 · EIN 39-1211596	Legal	$10,149
SIKICH LLP2 years Service code 10 · EIN 36-3168081	Accounting	$8,950

Plan features & details

Pension benefit codes2E2G2J

Plan features

2E
Profit-sharing
Profit-sharing plan.
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.

Opportunity flags

1 tripped

OpportunityLow participant contribution
Participant contribution per participant is in the bottom quintile of the peer cohort.

Expense breakdown

Schedule H Part II

Admin total

$101K

$183 / participant

Investment mgmt$48K47.2%
Contract admin$15K15.0%
Other / not subdivided$38K37.8%

% of EOY assets

0.378%

all-in expense ratio

Categories reported

2 / 9

subdivided buckets used

Audit opinion

Schedule H Part III

Unqualified opinion

Auditor signed off without reservation - the cleanest possible opinion.

Auditor firm: SIKICH LLP
Auditor EIN: 363168081
Audit fees: (not subdivided)
Opinion code: Unqualified

Metric

This plan

Peer set

Industry

Size

Avg account balance

$44,531

$111,491-60.1%

$189,545-76.5%

$86,821-48.7%

Participation rate

100.0%

87.3%+12.7pp

87.8%+12.2pp

72.3%+27.7pp

Annual return

33.44%

83.50%-50.1pp

555.36%-521.9pp

97.94%-64.5pp

Employer contribution / active EE

$3,951-100.0%

$6,162-100.0%

$2,406-100.0%

Participant deferral / active EE

$1,760

$6,437-72.7%

$8,220-78.6%

$4,132-57.4%

Admin fee / account holder

$168

$189-10.9%

$12,049-98.6%

$170-0.8%

Provider

Service type

Compensation

GREAT-WEST LIFE & ANNUITY INSURANCE6+ years

Filed as: GREAT WEST RETIREMENT SERVICES

Service code 21 · EIN 84-0467907

Bank Trustee

$43,914

BENEFIT PLAN ADMINISTRATORS6+ years

Filed as: BENEFIT PLAN ADMINISTRATION

Service code 13 · EIN 39-1400101

Contract Administrator

$15,168

REINHART BOERNER VAN DEUREN S.C.4 years

Service code 29 · EIN 39-1126909

Legal

$13,226

THE PREVIANT LAW FIRM, S.C.2 years

Filed as: THE PREVIANT LAW FIRM

Service code 29 · EIN 39-1211596

Legal

$10,149

SIKICH LLP2 years

Service code 10 · EIN 36-3168081

Accounting

$8,950

WISCONSIN MASONS 401(K) PLAN AND TRUST

Summary metrics

Benchmarksi

Analytics

Service providersi

Plan features & details

Opportunity flagsi

Expense breakdowni

Audit opinioni

WISCONSIN MASONS 401(K) PLAN AND TRUST

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