Retirement plan

WINCHESTER EQUIPMENT CO. 401(K) PLAN

Name: WINCHESTER EQUIPMENT CO. - WINCHESTER EQUIPMENT CO. 401(K) PLAN (2018) 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 2018

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

Prospect flagsHigh fees

How to read this page

Total assets (EOY)

$6.6M

+8.2% from 2017

Total participants

167

+9.2% from 2017

Average account balance

$43,661

-11.0% from 2017

Annual return

2.72%

-16.53 pp from 2017

Benchmarks

See 448 peers

Peer group

Industry45 - Retail Trade

Plan typeDefined contribution

Participants100-249

Cohort448 peers

Snapshot2018

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 2 by compensation

Provider	Service type	Compensation
BB&T2 years Service code 21 · EIN 56-1368984	Bank Trustee	$42,488
WILLIS TOWERS WATSON US LLC1 year Filed as: HOTTEL & WILLIS, P.C. Service code 10 · EIN 54-1135771	Accounting	$14,000

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

$55K

$388 / participant

Other / not subdivided$55K100.0%

% of EOY assets

0.836%

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

$43,661

$45,825-4.7%

$90,657-51.8%

$56,289-22.4%

Participation rate

89.5%

66.7%+22.8pp

74.0%+15.5pp

69.9%+19.7pp

Annual return

2.72%

38.64%-35.9pp

1.89%+0.8pp

-9.96%+12.7pp

Employer contribution / active EE

$1,049

$1,372-23.5%

$2,532-58.6%

$2,111-50.3%

Participant deferral / active EE

$1,854

$2,562-27.6%

$3,424-45.9%

$3,350-44.6%

Admin fee / account holder

$365

$413-11.5%

$4,994-92.7%

$521-29.9%

Provider

Service type

Compensation

BB&T2 years

Service code 21 · EIN 56-1368984

Bank Trustee

$42,488

WILLIS TOWERS WATSON US LLC1 year

Filed as: HOTTEL & WILLIS, P.C.

Service code 10 · EIN 54-1135771

Accounting

$14,000

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