Retirement plan

WALKER WHITE, INC. PROFIT SHARING AND 401(K) PLAN

Name: WALKER WHITE, INC. - WALKER WHITE, INC. PROFIT SHARING AND 401(K) PLAN (2016) Form 5500
Creator: WALKER WHITE, INC.
License: https://www.dol.gov/general/disclaim
Keywords: Form 5500, ERISA, retirement plan, WALKER WHITE, INC. PROFIT SHARING AND 401(K) PLAN, WALKER WHITE, INC.

WALKER WHITE, INC.EIN 57-0872066Plan #001PY 2016

7402 FAIRFIELD ROAD - COLUMBIA, SC 29203803-691-0525LinkedIn51-200 employeesconstruction

Prospect flagsLow participationFailed to transmit contributions

Top hat statement on fileNQDC

Filed May 6, 2024

Plan administrator

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7402 Fairfield Road

Columbia, SC 29203

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Plans declared (1)

Supplemental Executive Retirement Plan6 emp

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Total assets (EOY)

$4.4M

+17.7% from 2015

Total participants

128

-7.9% from 2015

Average account balance

$56,297

+59.4% from 2015

Annual return

8.82%

+11.30 pp from 2015

Benchmarks

See 2,382 peers

Peer group

Industry23 - Construction

Plan typeDefined contribution

Participants100-249

Cohort2,382 peers

Snapshot2016

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

Analytics

Total assets (EOY)

Plan-year ending balance

$4.63M

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.

102

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.

100.0%

Not enough data

1 years with eligibility data

Contributions (total)

Employer and participant dollars contributed each year

$572K

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

+15.01%

Not enough data

1 years with return on file

Admin fee / account holder

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

$4220

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

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Service providers

Top 4 by compensation

Provider	Service type	Compensation
ASPIRE FINANCIAL SERVICES1 year Filed as: ASPIRE Service code 18 · EIN 27-1033755	Trustee (bank, trust company, or simi...	$8,969
BLACKRIDGE ASSET MANAGEMENT LLC2+ years Filed as: BLACKRIDGE FINANCIAL Service code 27 · EIN 45-2648112	Advisory (Plan)	$3,779
TD AMERITRADE, INC.1 year Filed as: TD AMERITRADE TRUST COMPANY Service code 18 · EIN 20-0937408	Trustee (directed); Custodial (other ...	$1,175
NATIONAL RETIREMENT SERVICES, INC.1 year Filed as: NATIONAL RETIREMENT SERVICES Service code 13 · EIN 33-0962367	Contract Administrator	$600

Plan features & details

Pension benefit codes2E2F2G2J2K2R2T3D

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.
2R
Participant-directed brokerage accounts
Participant-directed brokerage accounts provided as an investment option under the plan.
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 participation
Participation rate is below 70% (account-balance holders / active employees) - enrollment or auto-enroll opportunity.
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

$14K

$134 / participant

Investment mgmt$4K27.6%
Contract admin$10K72.4%

% of EOY assets

0.308%

all-in expense ratio

Categories reported

2 / 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: HUGHES, SEALEY, GRANT & ASSOCIATES
Auditor EIN: 570512452
Audit fees: (not subdivided)
Opinion code: Disclaimer

Metric

This plan

Peer set

Industry

Size

Avg account balance

$56,297

$52,884+6.5%

$84,753-33.6%

$55,167+2.0%

Participation rate

52.0%

67.5%-15.6pp

76.6%-24.6pp

69.0%-17.0pp

Annual return

8.82%

18.03%-9.2pp

22.78%-14.0pp

169.23%-160.4pp

Employer contribution / active EE

$1,346

$2,233-39.7%

$3,574-62.3%

$1,963-31.4%

Participant deferral / active EE

$2,960

$2,644+12.0%

$3,712-20.3%

$3,054-3.1%

Admin fee / account holder

$174

$581-70.1%

$5,333-96.7%

$504-65.6%

Provider

Service type

Compensation

ASPIRE FINANCIAL SERVICES1 year

Filed as: ASPIRE

Service code 18 · EIN 27-1033755

Trustee (bank, trust company, or simi...

$8,969

BLACKRIDGE ASSET MANAGEMENT LLC2+ years

Filed as: BLACKRIDGE FINANCIAL

Service code 27 · EIN 45-2648112

Advisory (Plan)

$3,779

TD AMERITRADE, INC.1 year

Filed as: TD AMERITRADE TRUST COMPANY

Service code 18 · EIN 20-0937408

Trustee (directed); Custodial (other ...

$1,175

NATIONAL RETIREMENT SERVICES, INC.1 year

Filed as: NATIONAL RETIREMENT SERVICES

Service code 13 · EIN 33-0962367

Contract Administrator

$600

WALKER WHITE, INC. PROFIT SHARING AND 401(K) PLAN

Top hat statement on fileNQDC

Plan administrator

Plans declared (1)

Summary metrics

Benchmarksi

Analytics

Service providersi

Plan features & details

Opportunity flagsi

Expense breakdowni

Audit opinioni

WALKER WHITE, INC. PROFIT SHARING AND 401(K) PLAN

Top hat statement on fileNQDC

Plan administrator

Plans declared (1)

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