Retirement plan

TED WILLIAMS ENTERPRISES, LLC 401(K)PLAN

Name: TED WILLIAMS ENTERPRISES, LLC - TED WILLIAMS ENTERPRISES, LLC 401(K)PLAN (2023) Form 5500
Creator: TED WILLIAMS ENTERPRISES, LLC
License: https://www.dol.gov/general/disclaim
Keywords: Form 5500, ERISA, retirement plan, TED WILLIAMS ENTERPRISES, LLC 401(K)PLAN, TED WILLIAMS ENTERPRISES, LLC

TED WILLIAMS ENTERPRISES, LLCEIN 58-2678552Plan #002PY 2023

5615 ST. RT. 45 - LISBON, OH 44432330-424-9413LinkedIn11-50 employeesautomotive

Other plans on this EIN

1 filing

#001Retirement-$5.2M assets

Prospect flagsHigh fees

How to read this page

Total assets (EOY)

$913K

+20.6% from 2022

Total participants

0.0% from 2022

Average account balance

$130,448

+20.6% from 2022

Annual return

20.34%

+35.47 pp from 2022

Benchmarks

See 22,148 peers

Peer group

Industry44 - Retail Trade

Plan typeDefined contribution

Participants<25

Cohort22,148 peers

Snapshot2023

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

Analytics

Total assets (EOY)

Plan-year ending balance

$1.06M

Not enough data

1 years with asset history on file

Average account balance

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

$152K

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.

87.5%

Not enough data

1 years with eligibility data

Contributions (total)

Employer and participant dollars contributed each year

$33K

Not enough data

1 years with contributions on file

Contributions per participant

Average employer and participant contribution per enrolled participant

$4K

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

+18.81%

Not enough data

1 years with return on file

Admin fee / account holder

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

$7802

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 codes2E2F2G2J3B3D

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.
3B
Plan covering self-employed individuals
Plan covering self-employed individuals.
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

$50K

$6213 / participant

Other / not subdivided$50K100.0%

% of EOY assets

5.443%

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

$130,448

$102,696+27.0%

$86,235+51.3%

$139,487-6.5%

Participation rate

87.5%

74.5%+13.0pp

69.0%+18.5pp

80.3%+7.2pp

Annual return

20.34%

1925.91%-1905.6pp

1170.03%-1149.7pp

373.84%-353.5pp

Employer contribution / active EE

$4,435

$3,034+46.2%

$2,381+86.3%

$4,755-6.7%

Participant deferral / active EE

$1,948

$4,679-58.4%

$3,987-51.1%

$6,713-71.0%

Admin fee / account holder

$7,101

$8,667-18.1%

$6,856+3.6%

$11,407-37.8%

TED WILLIAMS ENTERPRISES, LLC 401(K)PLAN

Summary metrics

Benchmarksi

Analytics

Service providersi

Plan features & details

Opportunity flagsi

Expense breakdowni

Audit opinioni

TED WILLIAMS ENTERPRISES, LLC 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