Retirement plan

WAHLES WOOD WORKS & MOULDINGS, INC. SAVINGS & RETIREMENT PLAN

Name: WAHLE'S WOOD WORKS AND MOULDINGS, INC. - WAHLES WOOD WORKS & MOULDINGS, INC. SAVINGS & RETIREMENT PLAN (2020) Form 5500
Creator: WAHLE'S WOOD WORKS AND MOULDINGS, INC.
License: https://www.dol.gov/general/disclaim
Keywords: Form 5500, ERISA, retirement plan, WAHLES WOOD WORKS & MOULDINGS, INC. SAVINGS & RETIREMENT PLAN, WAHLE'S WOOD WORKS AND MOULDINGS, INC.

WAHLE'S WOOD WORKS AND MOULDINGS, INC.EIN 43-1492178Plan #001PY 2020

3 WILLIAMS DRIVE - UNION, MO 63084636-583-1133LinkedIn11-50 employeespaper & forest products

Prospect flagsHigh feesLow employer contribution

How to read this page

Total assets (EOY)

$1.1M

+20.0% from 2019

Total participants

+4.8% from 2019

Average account balance

$58,906

+7.3% from 2019

Annual return

15.19%

-6.66 pp from 2019

Benchmarks

See 8,252 peers

Peer group

Industry32 - Manufacturing

Plan typeDefined contribution

Participants<25

Cohort8,252 peers

Snapshot2020

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

Analytics

Total assets (EOY)

Plan-year ending balance

$1.97M

Not enough data

1 years with asset history on file

Average account balance

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

$116K

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.

85.0%

Not enough data

1 years with eligibility data

Contributions (total)

Employer and participant dollars contributed each year

$58K

Not enough data

1 years with contributions on file

Contributions per participant

Average employer and participant contribution per enrolled participant

$3K

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

+15.87%

Not enough data

1 years with return on file

Admin fee / account holder

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

$2380

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 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

2 tripped

OpportunityLow employer contribution
Employer contribution per participant is in the bottom quintile of the peer cohort.
OpportunityHigh fees
Administrative expenses exceed $300 per participant per year - possible fee-review opportunity. (Recordkeeping / audit / legal; excludes investment management.)

Expense breakdown

Schedule H Part II

Admin total

$9K

$389 / participant

Other / not subdivided$9K100.0%

% of EOY assets

0.764%

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

$58,906

$118,708-50.4%

$98,920-40.5%

$158,966-62.9%

Participation rate

86.4%

77.8%+8.5pp

76.0%+10.3pp

82.0%+4.4pp

Annual return

15.19%

372.49%-357.3pp

196.47%-181.3pp

302.95%-287.8pp

Employer contribution / active EE

$3,334-100.0%

$2,689-100.0%

$4,762-100.0%

Participant deferral / active EE

$2,029

$5,089-60.1%

$4,245-52.2%

$5,983-66.1%

Admin fee / account holder

$450

$10,134-95.6%

$6,643-93.2%

$11,250-96.0%

WAHLES WOOD WORKS & MOULDINGS, INC. SAVINGS & RETIREMENT PLAN

Summary metrics

Benchmarksi

Analytics

Service providersi

Plan features & details

Opportunity flagsi

Expense breakdowni

Audit opinioni

WAHLES WOOD WORKS & MOULDINGS, INC. SAVINGS & RETIREMENT 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