Retirement plan

MIDWEST WEATHER, INC. RETIREMENT AND SAVINGS PLAN

Name: MIDWEST WEATHER INC. - MIDWEST WEATHER, INC. RETIREMENT AND SAVINGS PLAN (2018) Form 5500
Creator: MIDWEST WEATHER INC.
License: https://www.dol.gov/general/disclaim
Keywords: Form 5500, ERISA, retirement plan, MIDWEST WEATHER, INC. RETIREMENT AND SAVINGS PLAN, MIDWEST WEATHER INC.

MIDWEST WEATHER INC.EIN 43-1277361Plan #001PY 2018

PO BOX 1418 - ST PETERS, MO 63376636-936-0500midwestwxcha.comLinkedIn51-200 employees

Prospect flagsLow participationCorrective distributions

How to read this page

Total assets (EOY)

$1.9M

-3.0% from 2017

Total participants

-4.4% from 2017

Average account balance

$38,316

+18.7% from 2017

Annual return

-6.47%

-18.40 pp from 2017

Benchmarks

See 25,536 peers

Peer group

Industry54 - Professional, Scientific, and Technical Services

Plan typeDefined contribution

Participants25-99

Cohort25,536 peers

Snapshot2018

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

Analytics

Total assets (EOY)

Plan-year ending balance

$2.71M

Not enough data

1 years with asset history on file

Average account balance

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

$44K

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.

43.3%

Not enough data

1 years with eligibility data

Contributions (total)

Employer and participant dollars contributed each year

$244K

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

+15.46%

Not enough data

1 years with return on file

Admin fee / account holder

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

$5946

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

Top 3 by compensation

Provider	Service type	Compensation
WEALTHPLAN ADVISORS LLC2 years Service code 27 7272 E INDIAN SCHOOL RD STE 103 · SCOTTSDALE, AZ 85251	Advisory (Plan)	$5,785
GREAT-WEST LIFE & ANNUITY INSURANCE4+ years Service code 64 8515 EAST ORCHARD ROAD · GREENWOOD VILLAGE, CO 80111	Recordkeeping Fees	$1,266
STANLEY BENEFIT SERVICES, INC.2 years Filed as: STANLEY DIRNBERGER HOPPER & ASSOCIA Service code 10 1441 N MOUNT AUBURN RD · CAPE GIRARDEAU, MO 63701	Accounting	$824

Plan features & details

Pension benefit codes2E2F2G2J2T3D3H

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.
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

2 tripped

OpportunityLow participation
Participation rate is below 70% (account-balance holders / active employees) - enrollment or auto-enroll opportunity.
ComplianceCorrective distributions
Plan reported corrective distributions (failed ADP/ACP testing).

Expense breakdown

Schedule H Part II

Admin total

$8K

$202 / participant

Investment mgmt$6K73.5%
Contract admin$1K16.1%
Other / not subdivided$82410.5%

% of EOY assets

0.419%

all-in expense ratio

Categories reported

2 / 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: STANLEY, DIRNBERGER, HOPPER & ASSOC
Auditor EIN: 431500106
Audit fees: (not subdivided)
Opinion code: Disclaimer

Metric

This plan

Peer set

Industry

Size

Avg account balance

$38,316

$77,816-50.8%

$123,549-69.0%

$64,181-40.3%

Participation rate

59.0%

74.7%-15.7pp

82.3%-23.3pp

69.6%-10.6pp

Annual return

-6.47%

12.49%-19.0pp

119.20%-125.7pp

7.63%-14.1pp

Employer contribution / active EE

$3,233

$3,014+7.3%

$4,628-30.1%

$2,381+35.8%

Participant deferral / active EE

$2,717

$5,240-48.2%

$6,426-57.7%

$3,470-21.7%

Admin fee / account holder

$161

$5,519-97.1%

$9,284-98.3%

$4,887-96.7%

Provider

Service type

Compensation

WEALTHPLAN ADVISORS LLC2 years

Service code 27

7272 E INDIAN SCHOOL RD STE 103 · SCOTTSDALE, AZ 85251

Advisory (Plan)

$5,785

GREAT-WEST LIFE & ANNUITY INSURANCE4+ years

Service code 64

8515 EAST ORCHARD ROAD · GREENWOOD VILLAGE, CO 80111

Recordkeeping Fees

$1,266

STANLEY BENEFIT SERVICES, INC.2 years

Filed as: STANLEY DIRNBERGER HOPPER & ASSOCIA

Service code 10

1441 N MOUNT AUBURN RD · CAPE GIRARDEAU, MO 63701

Accounting

$824

MIDWEST WEATHER, INC. RETIREMENT AND SAVINGS PLAN

Summary metrics

Benchmarksi

Analytics

Service providersi

Plan features & details

Opportunity flagsi

Expense breakdowni

Audit opinioni

MIDWEST WEATHER, INC. RETIREMENT AND 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