Retirement plan

WASKER, DORR, WIMMER, & MARCOUILLER, P.C. 401(K) PROFIT SHARING PLAN AND TRUST

Name: WASKER, DORR, WIMMER, & MARCOUILLER, P.C. - WASKER, DORR, WIMMER, & MARCOUILLER, P.C. 401(K) PROFIT SHARING PLAN AND TRUST (2017) Form 5500
Creator: WASKER, DORR, WIMMER, & MARCOUILLER, P.C.
License: https://www.dol.gov/general/disclaim
Keywords: Form 5500, ERISA, retirement plan, WASKER, DORR, WIMMER, & MARCOUILLER, P.C. 401(K) PROFIT SHARING PLAN AND TRUST, WASKER, DORR, WIMMER, & MARCOUILLER, P.C.

WASKER, DORR, WIMMER, & MARCOUILLER, P.C.EIN 42-1388229Plan #001PY 2017

4201 WESTOWN PARKWAY, SUITE 250 - WEST DES MOINES, IA 502666720515-283-1801wdwm.netLinkedIn1-10 employees

Prospect flagsHigh retiree %Low returnsHigh feesLow fidelity bond

How to read this page

Total assets (EOY)

$4.9M

+19.3% from 2016

Total participants

-9.1% from 2016

Average account balance

$123,402

+16.3% from 2016

Annual return

13.90%

+3.77 pp from 2016

Benchmarks

See 25,068 peers

Peer group

Industry54 - Professional, Scientific, and Technical Services

Plan typeDefined contribution

Participants25-99

Cohort25,068 peers

Snapshot2017

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

Analytics

Total assets (EOY)

Plan-year ending balance

$5.71M

Not enough data

1 years with asset history on file

Average account balance

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

$124K

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.

77.3%

Not enough data

1 years with eligibility data

Contributions (total)

Employer and participant dollars contributed each year

$350K

Not enough data

1 years with contributions on file

Contributions per participant

Average employer and participant contribution per enrolled participant

$8K

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

+16.90%

Not enough data

1 years with return on file

Admin fee / account holder

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

$15553

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 codes2E2J2G3D

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.
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

4 tripped

OpportunityHigh fees
Administrative expenses exceed $300 per participant per year - possible fee-review opportunity. (Recordkeeping / audit / legal; excludes investment management.)
OpportunityLow returns
Annual investment return is in the bottom quintile of the peer cohort.
ComplianceLow fidelity bond
Fidelity bond coverage is below the ERISA section 412 10%-of-assets minimum (capped at $500,000).
InformationalHigh retiree %
Retirees and beneficiaries make up 25% or more of total participants - indicates an ageing workforce or a frozen plan.

Expense breakdown

Schedule H Part II

Admin total

$62K

$2128 / participant

Other / not subdivided$62K100.0%

% of EOY assets

1.250%

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

$123,402

$85,766+43.9%

$136,297-9.5%

$70,124+76.0%

Participation rate

100.0%

74.2%+25.8pp

81.9%+18.1pp

69.5%+30.5pp

Annual return

13.90%

31.45%-17.6pp

5156.19%-5142.3pp

73.14%-59.2pp

Employer contribution / active EE

$3,422

$2,966+15.4%

$4,696-27.1%

$2,342+46.1%

Participant deferral / active EE

$6,361

$5,051+25.9%

$6,247+1.8%

$3,332+90.9%

Admin fee / account holder

$1,543

$5,420-71.5%

$9,244-83.3%

$4,645-66.8%

WASKER, DORR, WIMMER, & MARCOUILLER, P.C. 401(K) PROFIT SHARING PLAN AND TRUST

Summary metrics

Benchmarksi

Analytics

Service providersi

Plan features & details

Opportunity flagsi

Expense breakdowni

Audit opinioni

WASKER, DORR, WIMMER, & MARCOUILLER, P.C. 401(K) PROFIT SHARING 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