Retirement plan

WISCONSIN INDUSTRIAL COATINGS 401(K) PROFIT SHARING PLAN AND TRUST

Name: WISCONSIN INDUSTRIAL COATINGS - WISCONSIN INDUSTRIAL COATINGS 401(K) PROFIT SHARING PLAN AND TRUST (2018) Form 5500
Creator: WISCONSIN INDUSTRIAL COATINGS
License: https://www.dol.gov/general/disclaim
Keywords: Form 5500, ERISA, retirement plan, WISCONSIN INDUSTRIAL COATINGS 401(K) PROFIT SHARING PLAN AND TRUST, WISCONSIN INDUSTRIAL COATINGS

WISCONSIN INDUSTRIAL COATINGSEIN 45-4632419Plan #001PY 2018

600 TOBACNOIR STREET - KAUKAUNA, WI 54130920-759-5036LinkedIn51-200 employeeselectrical/electronic manufacturing

Prospect flagsLow returnsHigh feesLow assets / participant

How to read this page

Total assets (EOY)

$450K

+16.6% from 2017

Total participants

-7.0% from 2017

Average account balance

$12,172

+35.6% from 2017

Annual return

-11.14%

-82.08 pp from 2017

Benchmarks

See 21,281 peers

Peer group

Industry33 - Manufacturing

Plan typeDefined contribution

Participants<25

Cohort21,281 peers

Snapshot2018

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

Analytics

Total assets (EOY)

Plan-year ending balance

$2.06M

Not enough data

1 years with asset history on file

Average account balance

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

$98K

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.

110.5%

Not enough data

1 years with eligibility data

Contributions (total)

Employer and participant dollars contributed each year

$126K

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

+14.57%

Not enough data

1 years with return on file

Admin fee / account holder

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

$4862

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

3 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.
OpportunityLow assets / participant
Assets per participant are in the bottom quintile of the peer cohort - savings-rate / match opportunity.

Expense breakdown

Schedule H Part II

Admin total

$47K

$2132 / participant

Other / not subdivided$47K100.0%

% of EOY assets

10.416%

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

$12,172

$92,219-86.8%

$76,768-84.1%

$135,379-91.0%

Participation rate

86.4%

79.8%+6.6pp

77.0%+9.4pp

82.6%+3.7pp

Annual return

-11.14%

5.46%-16.6pp

2.43%-13.6pp

519.79%-530.9pp

Employer contribution / active EE

$1,868

$3,216-41.9%

$2,485-24.9%

$4,779-60.9%

Participant deferral / active EE

$4,617

$4,508+2.4%

$3,852+19.9%

$5,609-17.7%

Admin fee / account holder

$1,268

$10,749-88.2%

$6,675-81.0%

$10,828-88.3%

WISCONSIN INDUSTRIAL COATINGS 401(K) PROFIT SHARING PLAN AND TRUST

Summary metrics

Benchmarksi

Analytics

Service providersi

Plan features & details

Opportunity flagsi

Expense breakdowni

Audit opinioni

WISCONSIN INDUSTRIAL COATINGS 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