Retirement plan

WESLEY HOUSING DEVELOPMENT CORPORATION 403(B) PLAN

Name: WESLEY HOUSING DEVELOPMENT CORPORATION - WESLEY HOUSING DEVELOPMENT CORPORATION 403(B) PLAN (2024) Form 5500
Creator: WESLEY HOUSING DEVELOPMENT CORPORATION
License: https://www.dol.gov/general/disclaim
Keywords: Form 5500, ERISA, retirement plan, WESLEY HOUSING DEVELOPMENT CORPORATION 403(B) PLAN, WESLEY HOUSING DEVELOPMENT CORPORATION

WESLEY HOUSING DEVELOPMENT CORPORATIONEIN 51-0155779Plan #001PY 2024

2311 HUNTINGTON AVE - ALEXANDRIA, VA 22303703-642-3830

Prospect flagsNo flags tripped

How to read this page

Total assets (EOY)

$5.6M

+11.8% from 2023

Total participants

149

+2.8% from 2023

Average account balance

$41,388

+5.2% from 2023

Annual return

14.93%

-5.90 pp from 2023

Benchmarks

See 1,092 peers

Peer group

Industry53 - Real Estate and Rental and Leasing

Plan typeDefined contribution

Participants100-249

Cohort1,092 peers

Snapshot2024

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

Analytics

Total assets (EOY)

Plan-year ending balance

$5.59M

Not enough data

1 years with asset history on file

Average account balance

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

$41K

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.

135

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.

86.1%

Not enough data

1 years with eligibility data

Contributions (total)

Employer and participant dollars contributed each year

$649K

Not enough data

1 years with contributions on file

Contributions per participant

Average employer and participant contribution per enrolled participant

$6K

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

+14.93%

Not enough data

1 years with return on file

Admin fee / account holder

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

$58

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 6 by compensation

Provider	Service type	Compensation
NATIONWIDE1 year Service code 15 ONE NATIONWIDE PLAZA · COLUMBUS, OH 43215	Recordkeeping	$18,230
LPL FINANCIAL1 year Filed as: LPL FINANCIAL LLC Service code 28 4707 EECUTIVE · SAN DIEGO, CA 92121	Investment Management	$12,909
IRON-CO-FID-COMPREHENSIVE1 year Filed as: IRON FIDUCIARY Service code 28	Investment Management	$4,212
TRITON SERVICES CORPORATION1 year Filed as: TRITON SERVICES COPORATION Service code 15	Recordkeeping	$3,088
TRITON SERVICES CORPORATION1 year Service code 15 · EIN 11-3187413 4114 LEGATO ROAD · FAIRFAX, VA 22033	Recordkeeping	$2,575
NATIONWIDE1 year Filed as: NATIONWIDE LIFE INSURANCE COMPANY Service code 15 · EIN 31-4156830 10 W NATIONWIDE BLVD · COLUMBUS, OH 43215	Recordkeeping	$1,053

Plan features & details

Pension benefit codes2F2G2K2M2T

Plan features

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.
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.
2M
Code section 403(b)(7) accounts
Plan uses Code section 403(b)(7) custodial accounts as a funding vehicle.
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

0 tripped

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

Expense breakdown

Schedule H Part II

Admin total

$8K

$78 / participant

Contract admin$8K100.0%

% of EOY assets

0.140%

all-in expense ratio

Categories reported

1 / 9

subdivided buckets used

Audit opinion

Schedule H Part III

Unqualified opinion

Auditor signed off without reservation - the cleanest possible opinion.

Auditor firm: UHY LLP
Auditor EIN: 200694403
Audit fees: (not subdivided)
Opinion code: Unqualified

Metric

This plan

Peer set

Industry

Size

Avg account balance

$41,388

$73,459-43.7%

$178,528-76.8%

$74,429-44.4%

Participation rate

86.1%

66.5%+19.6pp

77.1%+9.0pp

67.2%+18.9pp

Annual return

14.93%

17.50%-2.6pp

27.11%-12.2pp

1368.38%-1353.5pp

Employer contribution / active EE

$2,326

$2,219+4.8%

$3,950-41.1%

$2,625-11.4%

Participant deferral / active EE

$4,103

$4,515-9.1%

$6,278-34.7%

$4,348-5.6%

Admin fee / account holder

$58

$1,812-96.8%

$10,419-99.4%

$1,944-97.0%

Provider

Service type

Compensation

NATIONWIDE1 year

Service code 15

ONE NATIONWIDE PLAZA · COLUMBUS, OH 43215

Recordkeeping

$18,230

LPL FINANCIAL1 year

Filed as: LPL FINANCIAL LLC

Service code 28

4707 EECUTIVE · SAN DIEGO, CA 92121

Investment Management

$12,909

IRON-CO-FID-COMPREHENSIVE1 year

Filed as: IRON FIDUCIARY

Service code 28

Investment Management

$4,212

TRITON SERVICES CORPORATION1 year

Filed as: TRITON SERVICES COPORATION

Service code 15

Recordkeeping

$3,088

TRITON SERVICES CORPORATION1 year

Service code 15 · EIN 11-3187413

4114 LEGATO ROAD · FAIRFAX, VA 22033

Recordkeeping

$2,575

NATIONWIDE1 year

Filed as: NATIONWIDE LIFE INSURANCE COMPANY

Service code 15 · EIN 31-4156830

10 W NATIONWIDE BLVD · COLUMBUS, OH 43215

Recordkeeping

$1,053

WESLEY HOUSING DEVELOPMENT CORPORATION 403(B) PLAN

Summary metrics

Benchmarksi

Analytics

Service providersi

Plan features & details

Opportunity flagsi

Expense breakdowni

Audit opinioni

WESLEY HOUSING DEVELOPMENT CORPORATION 403(B) 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