Retirement plan

COPIER WORD PROCESSING SUPPLY, INC. 401(K) PLAN

Name: COPIER WORD PROCESSING SUPPLY, INC. - COPIER WORD PROCESSING SUPPLY, INC. 401(K) PLAN (2020) Form 5500
Creator: COPIER WORD PROCESSING SUPPLY, INC.
License: https://www.dol.gov/general/disclaim
Keywords: Form 5500, ERISA, retirement plan, COPIER WORD PROCESSING SUPPLY, INC. 401(K) PLAN, COPIER WORD PROCESSING SUPPLY, INC.

COPIER WORD PROCESSING SUPPLY, INC.EIN 55-0589172Plan #001PY 2020

2040 OHIO AVENUE - PARKERSBURG, WV 26101304-424-6800LinkedIn11-50 employeescomputer software

Prospect flagsHigh feesLow employer contribution

How to read this page

Total assets (EOY)

$1.8M

+11.7% from 2019

Total participants

+2.3% from 2019

Average account balance

$50,294

+11.7% from 2019

Annual return

14.75%

-7.93 pp from 2019

Benchmarks

See 9,208 peers

Peer group

Industry42 - Wholesale Trade

Plan typeDefined contribution

Participants25-99

Cohort9,208 peers

Snapshot2020

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

Analytics

Total assets (EOY)

Plan-year ending balance

$2.31M

Not enough data

1 years with asset history on file

Average account balance

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

$45K

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.

104.1%

Not enough data

1 years with eligibility data

Contributions (total)

Employer and participant dollars contributed each year

$129K

Not enough data

1 years with contributions on file

Contributions per participant

Average employer and participant contribution per enrolled participant

$3K

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

+17.36%

Not enough data

1 years with return on file

Admin fee / account holder

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

$393

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 codes2E2G2J2T3D

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.
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

2 tripped

OpportunityLow employer contribution
Employer contribution per participant is in the bottom quintile of the peer cohort.
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

$166K

$4054 / participant

Other / not subdivided$166K100.0%

% of EOY assets

9.443%

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

$50,294

$91,559-45.1%

$133,959-62.5%

$79,858-37.0%

Participation rate

75.6%

73.3%+2.3pp

79.8%-4.2pp

69.6%+6.0pp

Annual return

14.75%

61.85%-47.1pp

45.09%-30.3pp

31.72%-17.0pp

Employer contribution / active EE

$416

$2,384-82.5%

$3,919-89.4%

$2,471-83.1%

Participant deferral / active EE

$2,444

$3,734-34.5%

$5,047-51.6%

$3,740-34.7%

Admin fee / account holder

$4,749

$6,321-24.9%

$8,928-46.8%

$5,306-10.5%

COPIER WORD PROCESSING SUPPLY, INC. 401(K) PLAN

Summary metrics

Benchmarksi

Analytics

Service providersi

Plan features & details

Opportunity flagsi

Expense breakdowni

Audit opinioni

COPIER WORD PROCESSING SUPPLY, INC. 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