Retirement plan

RETIREMENT INCOME SECURITY PLAN-PW COMPANIES, LLC

Name: PW COMPANIES, LLC - RETIREMENT INCOME SECURITY PLAN-PW COMPANIES, LLC (2023) Form 5500
Creator: PW COMPANIES, LLC
License: https://www.dol.gov/general/disclaim
Keywords: Form 5500, ERISA, retirement plan, RETIREMENT INCOME SECURITY PLAN-PW COMPANIES, LLC, PW COMPANIES, LLC

PW COMPANIES, LLCEIN 46-1611716Plan #003PY 2023

280 WEST 10200 SOUTH, SUITE 300 - SANDY, UT 84070801-562-3001pwcompanies.comLinkedIn51-200 employeesretail

Prospect flagsHigh feesFailed to transmit contributions

How to read this page

Total assets (EOY)

$7.8M

+28.5% from 2022

Total participants

166

+1.8% from 2022

Average account balance

$47,168

+26.1% from 2022

Annual return

18.69%

+35.02 pp from 2022

Benchmarks

See 502 peers

Peer group

Industry45 - Retail Trade

Plan typeDefined contribution

Participants100-249

Cohort502 peers

Snapshot2023

See peer percentile detail. $4.99 for your first month.

Solo adds 10-year history, peer benchmarks, provider and welfare analytics, saves, and exports. Then $34.99 a month.

Start for $4.99 See plans

Analytics

Total assets (EOY)

Plan-year ending balance

$9.44M

Not enough data

1 years with asset history on file

Average account balance

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

$60K

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.

157

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.

98.9%

Not enough data

1 years with eligibility data

Contributions (total)

Employer and participant dollars contributed each year

$714K

Not enough data

1 years with contributions on file

Contributions per participant

Average employer and participant contribution per enrolled participant

$8K

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

+13.13%

Not enough data

1 years with return on file

Admin fee / account holder

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

$516

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

See the 8-year trajectory. $4.99 for your first month.

Solo adds 10-year history, peer benchmarks, provider and welfare analytics, saves, and exports. Then $34.99 a month.

Start for $4.99 See plans

Service providers

Top 4 by compensation

Provider	Service type	Compensation
EP WEALTH ADVISORS LLC3 years Filed as: EP WEALTH ADVISORS, INC. Service code 26 · EIN 33-0152539	Advisory (Participants)	$37,949
HEALTHEQUITY RETIREMENT SERVICES1 year Filed as: HEALTHEQUITY RETIREMENT SERVICES, L Service code 12 · EIN 82-1222973	Plan Administrator; Other fees; Named...	$16,644
AMERITAS LIFE INSURANCE CORP1 year Service code 12 · EIN 47-0098400	Recordkeeping fees; Other fees; Direc...	$8,795
MATRIX TRUST COMPANY4 years Service code 19 · EIN 75-3182674	Securities Custodian	$1,454

Plan features & details

Pension benefit codes2E2F2G2J2K2S2T3B3D3H

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.
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.
2S
Automatic enrollment
Plan provides for automatic enrollment in plan that has elective contributions deducted from payroll.
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.
3B
Plan covering self-employed individuals
Plan covering self-employed individuals.
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

OpportunityHigh fees
Administrative expenses exceed $300 per participant per year - possible fee-review opportunity. (Recordkeeping / audit / legal; excludes investment management.)
ComplianceFailed to transmit contributions
Form 5500 reported a failure to timely transmit participant contributions (Schedule H line 4a).

Expense breakdown

Schedule H Part II

Admin total

$65K

$636 / participant

Recordkeeping$3K4.5%
Trustee / custodial$1K2.2%
Investment mgmt$38K58.5%
Contract admin$23K34.7%

% of EOY assets

0.828%

all-in expense ratio

Categories reported

4 / 9

subdivided buckets used

Audit opinion

Schedule H Part III

Unqualified opinion

The auditor signed off without reservation. This is the cleanest opinion.

Auditor firm: BAS PARTNERS
Auditor EIN: 208779390
Audit fees: (not subdivided)
Opinion code: Unqualified

Look up a plan sponsor by EIN. Free Form 5500 search. No signup.

Metric

This plan

Peer set

Industry

Size

Avg account balance

$47,168

$51,315-8.1%

$95,745-50.7%

$71,457-34.0%

Participation rate

100.0%

63.0%+37.0pp

72.3%+27.7pp

67.9%+32.1pp

Annual return

18.69%

25.26%-6.6pp

28.35%-9.7pp

28.85%-10.2pp

Employer contribution / active EE

$2,199

$1,819+20.9%

$2,835-22.4%

$2,588-15.0%

Participant deferral / active EE

$4,771

$3,358+42.1%

$4,245+12.4%

$4,289+11.2%

Admin fee / account holder

$391

$1,137-65.6%

$5,678-93.1%

$1,587-75.4%

Provider

Service type

Compensation

EP WEALTH ADVISORS LLC3 years

Filed as: EP WEALTH ADVISORS, INC.

Service code 26 · EIN 33-0152539

Advisory (Participants)

$37,949

HEALTHEQUITY RETIREMENT SERVICES1 year

Filed as: HEALTHEQUITY RETIREMENT SERVICES, L

Service code 12 · EIN 82-1222973

Plan Administrator; Other fees; Named...

$16,644

AMERITAS LIFE INSURANCE CORP1 year

Service code 12 · EIN 47-0098400

Recordkeeping fees; Other fees; Direc...

$8,795

MATRIX TRUST COMPANY4 years

Service code 19 · EIN 75-3182674

Securities Custodian

$1,454

RETIREMENT INCOME SECURITY PLAN-PW COMPANIES, LLC

Summary metrics

Benchmarksi

Analytics

Service providersi

Plan features & details

Opportunity flagsi

Expense breakdowni

Audit opinioni

RETIREMENT INCOME SECURITY PLAN-PW COMPANIES, LLC

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