Retirement plan

THE J.G. WENTWORTH COMPANY 401(K) PLAN

Name: THE J.G. WENTWORTH COMPANY, LLC - THE J.G. WENTWORTH COMPANY 401(K) PLAN (2023) Form 5500
Creator: THE J.G. WENTWORTH COMPANY, LLC
License: https://www.dol.gov/general/disclaim
Keywords: Form 5500, ERISA, retirement plan, THE J.G. WENTWORTH COMPANY 401(K) PLAN, THE J.G. WENTWORTH COMPANY, LLC

THE J.G. WENTWORTH COMPANY, LLCEIN 45-2961295Plan #001PY 2023

1200 MORRIS DRIVE, SUITE 300 - CHESTERBROOK, PA 19087484-434-2270

Prospect flagsNo flags tripped

How to read this page

Total assets (EOY)

$40.3M

+25.2% from 2022

Total participants

802

+1.1% from 2022

Average account balance

$52,655

+21.6% from 2022

Annual return

20.99%

+36.49 pp from 2022

Benchmarks

See 1,521 peers

Peer group

Industry52 - Finance and Insurance

Plan typeDefined contribution

Participants250-999

Cohort1,521 peers

Snapshot2023

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

Analytics

Total assets (EOY)

Plan-year ending balance

$50.08M

Not enough data

1 years with asset history on file

Average account balance

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

$56K

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.

893

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.

73.1%

Not enough data

1 years with eligibility data

Contributions (total)

Employer and participant dollars contributed each year

$5.85M

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

+17.16%

Not enough data

1 years with return on file

Admin fee / account holder

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

$156

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
FIDELITY INVESTMENTS INSTITUTIONAL8+ years Service code 37 · EIN 04-2647786	Loan Processing	$61,243
LPL FINANCIAL7 years Filed as: LPL FINANCIAL LLC Service code 27 · EIN 04-3046611	Advisory (Plan)	$50,000
HERBEIN & COMPANY, INC.4 years Filed as: HERBEIN + CO., INC. Service code 10 · EIN 23-2415973	Accounting	$16,500

Plan features & details

Pension benefit codes2J2K3H2E2G3D

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.
2K
Code section 401(m) arrangement
Employee contributions are allocated to separate accounts under the plan or employer contributions are based in whole or in part on employee deferrals or contributions to the plan. Not applicable to 401(k) plans with only QNECs and/or QMACs or to 403(b)(1) 403(b)(7) or 408 arrangements.
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

0 tripped

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

Expense breakdown

Schedule H Part II

Admin total

$128K

$275 / participant

Recordkeeping$61K47.9%
Investment mgmt$50K39.1%
Other / not subdivided$17K12.9%

% of EOY assets

0.317%

all-in expense ratio

Categories reported

2 / 9

subdivided buckets used

Audit opinion

Schedule H Part III

Unqualified opinion

Auditor signed off without reservation - the cleanest possible opinion.

Auditor firm: HERBEIN & COMPANY, INC.
Auditor EIN: 232415973
Audit fees: $16,500
Opinion code: Unqualified

Metric

This plan

Peer set

Industry

Size

Avg account balance

$52,655

$100,272-47.5%

$170,043-69.0%

$74,460-29.3%

Participation rate

92.2%

87.4%+4.9pp

87.0%+5.2pp

70.7%+21.5pp

Annual return

20.99%

66.12%-45.1pp

53.40%-32.4pp

34.38%-13.4pp

Employer contribution / active EE

$3,065

$4,266-28.1%

$6,790-54.9%

$2,638+16.2%

Participant deferral / active EE

$8,242

$7,147+15.3%

$10,410-20.8%

$4,530+81.9%

Admin fee / account holder

$167

$235-28.9%

$12,824-98.7%

$348-52.1%

Provider

Service type

Compensation

FIDELITY INVESTMENTS INSTITUTIONAL8+ years

Service code 37 · EIN 04-2647786

Loan Processing

$61,243

LPL FINANCIAL7 years

Filed as: LPL FINANCIAL LLC

Service code 27 · EIN 04-3046611

Advisory (Plan)

$50,000

HERBEIN & COMPANY, INC.4 years

Filed as: HERBEIN + CO., INC.

Service code 10 · EIN 23-2415973

Accounting

$16,500

THE J.G. WENTWORTH COMPANY 401(K) PLAN

Summary metrics

Benchmarksi

Analytics

Service providersi

Plan features & details

Opportunity flagsi

Expense breakdowni

Audit opinioni

THE J.G. WENTWORTH COMPANY 401(K) 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