Retirement plan

WINCHESTER EQUIPMENT CO. 401(K) PLAN

Name: WINCHESTER EQUIPMENT CO. - WINCHESTER EQUIPMENT CO. 401(K) PLAN (2017) Form 5500
Creator: WINCHESTER EQUIPMENT CO.
License: https://www.dol.gov/general/disclaim
Keywords: Form 5500, ERISA, retirement plan, WINCHESTER EQUIPMENT CO. 401(K) PLAN, WINCHESTER EQUIPMENT CO.

WINCHESTER EQUIPMENT CO.EIN 54-0624802Plan #002PY 2017

121 INDIAN HOLLOW RD. - WINCHESTER, VA 22603540-667-2244winchesterequipment.comLinkedIn51-200 employeesmachinery

Prospect flagsHigh fees

How to read this page

Total assets (EOY)

$6.1M

+23.7% from 2016

Total participants

153

+22.4% from 2016

Average account balance

$49,058

+6.9% from 2016

Annual return

19.25%

+16.78 pp from 2016

Benchmarks

See 420 peers

Peer group

Industry45 - Retail Trade

Plan typeDefined contribution

Participants100-249

Cohort420 peers

Snapshot2017

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

Analytics

Total assets (EOY)

Plan-year ending balance

$14.35M

Not enough data

1 years with asset history on file

Average account balance

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

$83K

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.

172

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.

76.0%

Not enough data

1 years with eligibility data

Contributions (total)

Employer and participant dollars contributed each year

$1.33M

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

+32.37%

Not enough data

1 years with return on file

Admin fee / account holder

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

$396

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 1 by compensation

Provider	Service type	Compensation
BB&T1 year Service code 21 · EIN 56-1368984	Bank Trustee	$35,370

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

1 tripped

OpportunityHigh fees
Administrative expenses exceed $300 per participant per year - possible fee-review opportunity. (Recordkeeping / audit / legal; excludes investment management.)

Expense breakdown

Schedule H Part II

Admin total

$49K

$377 / participant

Other / not subdivided$49K100.0%

% of EOY assets

0.805%

all-in expense ratio

Categories reported

0 / 9

subdivided buckets used

Audit opinion

Schedule H Part III

Disclaimer opinion

Auditor declined to express an opinion - usually a 103(a)(3)(C) limited-scope election.

Auditor firm: HOTTEL & WILLIS, P.C.
Auditor EIN: 541135771
Audit fees: (not subdivided)
Opinion code: Disclaimer

Metric

This plan

Peer set

Industry

Size

Avg account balance

$49,058

$47,448+3.4%

$94,993-48.4%

$62,293-21.2%

Participation rate

78.6%

66.5%+12.1pp

73.9%+4.7pp

69.5%+9.1pp

Annual return

19.25%

22.64%-3.4pp

27.14%-7.9pp

28.90%-9.6pp

Employer contribution / active EE

$916

$1,300-29.5%

$2,603-64.8%

$2,042-55.1%

Participant deferral / active EE

$1,822

$2,375-23.3%

$3,317-45.1%

$3,169-42.5%

Admin fee / account holder

$395

$434-9.1%

$4,960-92.0%

$479-17.6%

Provider

Service type

Compensation

BB&T1 year

Service code 21 · EIN 56-1368984

Bank Trustee

$35,370

WINCHESTER EQUIPMENT CO. 401(K) PLAN

Summary metrics

Benchmarksi

Analytics

Service providersi

Plan features & details

Opportunity flagsi

Expense breakdowni

Audit opinioni

WINCHESTER EQUIPMENT CO. 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