Retirement plan

WEBBER METAL PRODUCTS, INC. 401(K) PROFIT SHARING TRUST

Name: WEBBER METAL PRODUCTS, INC. - WEBBER METAL PRODUCTS, INC. 401(K) PROFIT SHARING TRUST (2016) Form 5500
Creator: WEBBER METAL PRODUCTS, INC.
License: https://www.dol.gov/general/disclaim
Keywords: Form 5500, ERISA, retirement plan, WEBBER METAL PRODUCTS, INC. 401(K) PROFIT SHARING TRUST, WEBBER METAL PRODUCTS, INC.

WEBBER METAL PRODUCTS, INC.EIN 42-1120876Plan #001PY 2016

P O BOX 10 - CASCADE, IA 52033563-852-7122webbermetals.comLinkedIn11-50 employeesmachinery

Prospect flagsNo flags tripped

How to read this page

Total assets (EOY)

$22M

+8.8% from 2015

Total participants

221

-7.5% from 2015

Average account balance

$100,880

+17.7% from 2015

Annual return

8.35%

+9.03 pp from 2015

Benchmarks

See 4,221 peers

Peer group

Industry33 - Manufacturing

Plan typeDefined contribution

Participants100-249

Cohort4,221 peers

Snapshot2016

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

Analytics

Total assets (EOY)

Plan-year ending balance

$36.08M

Not enough data

1 years with asset history on file

Average account balance

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

$213K

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.

169

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.

94.4%

Not enough data

1 years with eligibility data

Contributions (total)

Employer and participant dollars contributed each year

$620K

Not enough data

1 years with contributions on file

Contributions per participant

Average employer and participant contribution per enrolled participant

$7K

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

+12.46%

Not enough data

1 years with return on file

Admin fee / account holder

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

$508

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 3 by compensation

Provider	Service type	Compensation
NATIONWIDE2+ years Service code 15 ONE NATIONWIDE PLAZA · COLUMBUS, OH 43215	Recordkeeping	$67,981
NEWPORT GROUP, INC.2+ years Filed as: KIDDER BENEFITS CONSULTANTS, INC. Service code 15 5700 WESTOWN PARKWAY · WEST DES MOINES, IA 502668214	Recordkeeping	$8,345
LPL FINANCIAL2+ years Filed as: LPL FINANCIAL, LLC Service code 26 ATTN COMMISSIONS DEPT · SAN DIEGO, CA 92121	Advisory (Participants)	$0

Plan features & details

Pension benefit codes2E2F2G2J2T3D

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.
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.

Opportunity flags

0 tripped

No flags tripped for this filing year. This plan looks clean.

Expense breakdown

Schedule H Part II

Admin total

$2K

$17 / participant

Other / not subdivided$2K100.0%

% of EOY assets

0.010%

all-in expense ratio

Categories reported

0 / 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: WEGNER CPAS
Auditor EIN: 390974031
Audit fees: (not subdivided)
Opinion code: Disclaimer

Metric

This plan

Peer set

Industry

Size

Avg account balance

$100,880

$60,165+67.7%

$74,184+36.0%

$55,167+82.9%

Participation rate

97.6%

74.2%+23.5pp

76.6%+21.0pp

69.0%+28.6pp

Annual return

8.35%

10.00%-1.6pp

17.74%-9.4pp

169.23%-160.9pp

Employer contribution / active EE

$2,362

$1,600+47.7%

$2,370-0.3%

$1,963+20.4%

Participant deferral / active EE

$1,792

$2,973-39.7%

$3,550-49.5%

$3,054-41.3%

Admin fee / account holder

$10

$419-97.6%

$5,586-99.8%

$504-98.0%

Provider

Service type

Compensation

NATIONWIDE2+ years

Service code 15

ONE NATIONWIDE PLAZA · COLUMBUS, OH 43215

Recordkeeping

$67,981

NEWPORT GROUP, INC.2+ years

Filed as: KIDDER BENEFITS CONSULTANTS, INC.

Service code 15

5700 WESTOWN PARKWAY · WEST DES MOINES, IA 502668214

Recordkeeping

$8,345

LPL FINANCIAL2+ years

Filed as: LPL FINANCIAL, LLC

Service code 26

ATTN COMMISSIONS DEPT · SAN DIEGO, CA 92121

Advisory (Participants)

WEBBER METAL PRODUCTS, INC. 401(K) PROFIT SHARING TRUST

Summary metrics

Benchmarksi

Analytics

Service providersi

Plan features & details

Opportunity flagsi

Expense breakdowni

Audit opinioni

WEBBER METAL PRODUCTS, INC. 401(K) PROFIT SHARING 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