Retirement plan

401(K) PROFIT SHARING PLAN FOR EMPLOYEES OF WHOLESOME WAVE GEORGIA, INC.

Name: WHOLESOME WAVE GEORGIA, INC. - 401(K) PROFIT SHARING PLAN FOR EMPLOYEES OF WHOLESOME WAVE GEORGIA, INC. (2024) Form 5500
Creator: WHOLESOME WAVE GEORGIA, INC.
License: https://www.dol.gov/general/disclaim
Keywords: Form 5500, ERISA, retirement plan, 401(K) PROFIT SHARING PLAN FOR EMPLOYEES OF WHOLESOME WAVE GEORGIA, INC., WHOLESOME WAVE GEORGIA, INC.

WHOLESOME WAVE GEORGIA, INC.EIN 45-4816906Plan #001PY 2024

352 UNIVERSITY AVENUE SW SUITE S102 - ATLANTA, GA 30310470-238-8441wholesomewavegeorgia.orgLinkedIn1-10 employeesindividual & family services

Prospect flagsLow participationLow employer contribution

How to read this page

Total assets (EOY)

$51K

+32.1% from 2023

Total participants

+62.5% from 2023

Average account balance

$5,638

+17.4% from 2023

Annual return

15.45%

-7.47 pp from 2023

Benchmarks

See 50,062 peers

Peer group

Industry81 - Other Services (except Public Administration)

Plan typeDefined contribution

Participants<25

Cohort50,062 peers

Snapshot2024

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

Analytics

Total assets (EOY)

Plan-year ending balance

$60K

Not enough data

1 years with asset history on file

Average account balance

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

$3K

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.

211.1%

Not enough data

1 years with eligibility data

Contributions (total)

Employer and participant dollars contributed each year

$1K

Not enough data

1 years with contributions on file

Contributions per participant

Average employer and participant contribution per enrolled participant

$144

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

+16.29%

Not enough data

1 years with return on file

Admin fee / account holder

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

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 codes2G2J2E2T

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.
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.

Opportunity flags

2 tripped

OpportunityLow participation
Participation rate is below 70% (account-balance holders / active employees) - enrollment or auto-enroll opportunity.
OpportunityLow employer contribution
Employer contribution per participant is in the bottom quintile of the peer cohort.

Expense breakdown

Schedule H Part II

Admin total

$80

$10 / participant

Other / not subdivided$80100.0%

% of EOY assets

0.158%

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

$5,638

$88,702-93.6%

$81,780-93.1%

$145,978-96.1%

Participation rate

50.0%

75.0%-25.0pp

72.4%-22.4pp

80.3%-30.3pp

Annual return

15.45%

1029.12%-1013.7pp

776.27%-760.8pp

550.52%-535.1pp

Employer contribution / active EE

$3,084-100.0%

$2,914-100.0%

$4,662-100.0%

Participant deferral / active EE

$799

$4,645-82.8%

$4,321-81.5%

$6,690-88.1%

Admin fee / account holder

$8,414-99.9%

$7,384-99.9%

$13,400-99.9%

401(K) PROFIT SHARING PLAN FOR EMPLOYEES OF WHOLESOME WAVE GEORGIA, INC.

Summary metrics

Benchmarksi

Analytics

Service providersi

Plan features & details

Opportunity flagsi

Expense breakdowni

Audit opinioni

401(K) PROFIT SHARING PLAN FOR EMPLOYEES OF WHOLESOME WAVE GEORGIA, INC.

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