Retirement plan

WESTERN STATES MINERALS CORPORATION MONEY PURCHASE PENSION PLAN

Name: WESTERN STATES MINERALS CORPORATION - WESTERN STATES MINERALS CORPORATION MONEY PURCHASE PENSION PLAN (2018) Form 5500
Creator: WESTERN STATES MINERALS CORPORATION
License: https://www.dol.gov/general/disclaim
Keywords: Form 5500, ERISA, retirement plan, WESTERN STATES MINERALS CORPORATION MONEY PURCHASE PENSION PLAN, WESTERN STATES MINERALS CORPORATION

WESTERN STATES MINERALS CORPORATIONEIN 41-1270252Plan #002PY 2018

1546 COLE BLVD SUITE 270 - LAKEWOOD, CO 80401303-425-7042

Other plans on this EIN

1 filing

#003Retirement-$541K assets

Prospect flagsLow participant contribution

How to read this page

Total assets (EOY)

$479K

+3.8% from 2017

Total participants

0.0% from 2017

Average account balance

$53,263

+3.8% from 2017

Annual return

-1.96%

-17.86 pp from 2017

Benchmarks

See 1,803 peers

Peer group

Industry21 - Mining, Quarrying, and Oil and Gas Extraction

Plan typeDefined contribution

Participants<25

Cohort1,803 peers

Snapshot2018

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

Analytics

Total assets (EOY)

Plan-year ending balance

$174K

Not enough data

1 years with asset history on file

Average account balance

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

$58K

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.

300.0%

Not enough data

1 years with eligibility data

Contributions (total)

Employer and participant dollars contributed each year

$4K

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

+2.77%

Not enough data

1 years with return on file

Admin fee / account holder

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

$164193

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 codes2C2F2G2T3D3H

Plan features

2C
Money purchase plan
Money purchase pension plan other than a target benefit 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.
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

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

$2K

$268 / participant

Other / not subdivided$2K100.0%

% of EOY assets

0.447%

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

$53,263

$147,167-63.8%

$111,392-52.2%

$135,380-60.7%

Participation rate

87.5%

84.0%+3.5pp

78.9%+8.6pp

82.6%+4.9pp

Annual return

-1.96%

-4.44%+2.5pp

-2.06%+0.1pp

519.81%-521.8pp

Employer contribution / active EE

$3,574

$5,204-31.3%

$4,328-17.4%

$4,779-25.2%

Participant deferral / active EE

$6,565-100.0%

$5,567-100.0%

$5,609-100.0%

Admin fee / account holder

$238

$20,270-98.8%

$12,266-98.1%

$10,828-97.8%

WESTERN STATES MINERALS CORPORATION MONEY PURCHASE PENSION PLAN

Summary metrics

Benchmarksi

Analytics

Service providersi

Plan features & details

Opportunity flagsi

Expense breakdowni

Audit opinioni

WESTERN STATES MINERALS CORPORATION MONEY PURCHASE PENSION 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