Retirement plan

WATERS 401(K) PROFIT SHARING PLAN

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

WATERS TRUCK AND TRACTOR CO., INC.EIN 64-0435228Plan #001PY 2016

P.O. BOX 831 - COLUMBUS, MS 397030831662-328-1575LinkedIn51-200 employeesretail

Prospect flagsLow participation

How to read this page

Total assets (EOY)

$6.9M

+12.1% from 2015

Total participants

185

+7.6% from 2015

Average account balance

$59,174

+8.2% from 2015

Annual return

7.61%

+8.57 pp from 2015

Benchmarks

See 2,356 peers

Peer group

Industry44 - Retail Trade

Plan typeDefined contribution

Participants100-249

Cohort2,356 peers

Snapshot2016

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

Analytics

Total assets (EOY)

Plan-year ending balance

$14.96M

Not enough data

1 years with asset history on file

Average account balance

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

$78K

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.

191

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.

64.5%

Not enough data

1 years with eligibility data

Contributions (total)

Employer and participant dollars contributed each year

$1.19M

Not enough data

1 years with contributions on file

Contributions per participant

Average employer and participant contribution per enrolled participant

$5K

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

+10.19%

Not enough data

1 years with return on file

Admin fee / account holder

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

$364

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 3 by compensation

Provider	Service type	Compensation
JOHN HANCOCK LIFE INSURANCE COMPANY2+ years Filed as: JOHN HANCOCK RETIREMENT PLAN SRVC Service code 15 · EIN 01-0233346	Recordkeeping	$8,721
JOHN HANCOCK LIFE INSURANCE COMPANY1 year Filed as: JOHN HANCOCK RETIREMENT PLAN SRVS Service code 55	Other Commissions	$0
JP MORGAN INVESTMENT MANAGEMENT INC2+ years Filed as: NEW YORK LIFE INSURANCE COMPANY Service code 27 360 BLOOMFIELD AVE · WINDSOR, CT 06095	Advisory (Plan)	$0

Plan features & details

Pension benefit codes2E2G2J2K2T

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.
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.
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.

Opportunity flags

1 tripped

OpportunityLow participation
Participation rate is below 70% (account-balance holders / active employees) - enrollment or auto-enroll opportunity.

Expense breakdown

Schedule H Part II

Admin total

$9K

$50 / participant

Contract admin$9K100.0%

% of EOY assets

0.127%

all-in expense ratio

Categories reported

1 / 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: T.E. LOTT & COMPANY, P.A.
Auditor EIN: 640575804
Audit fees: (not subdivided)
Opinion code: Disclaimer

Metric

This plan

Peer set

Industry

Size

Avg account balance

$59,174

$42,546+39.1%

$71,796-17.6%

$55,167+7.3%

Participation rate

60.1%

59.1%+1.0pp

69.1%-9.0pp

69.0%-8.9pp

Annual return

7.61%

12.36%-4.8pp

78.04%-70.4pp

169.23%-161.6pp

Employer contribution / active EE

$688

$803-14.3%

$1,924-64.2%

$1,963-64.9%

Participant deferral / active EE

$2,338

$2,064+13.3%

$2,794-16.3%

$3,054-23.5%

Admin fee / account holder

$75

$650-88.4%

$4,815-98.4%

$504-85.1%

Provider

Service type

Compensation

JOHN HANCOCK LIFE INSURANCE COMPANY2+ years

Filed as: JOHN HANCOCK RETIREMENT PLAN SRVC

Service code 15 · EIN 01-0233346

Recordkeeping

$8,721

JOHN HANCOCK LIFE INSURANCE COMPANY1 year

Filed as: JOHN HANCOCK RETIREMENT PLAN SRVS

Service code 55

Other Commissions

JP MORGAN INVESTMENT MANAGEMENT INC2+ years

Filed as: NEW YORK LIFE INSURANCE COMPANY

Service code 27

360 BLOOMFIELD AVE · WINDSOR, CT 06095

Advisory (Plan)

WATERS 401(K) PROFIT SHARING PLAN

Summary metrics

Benchmarksi

Analytics

Service providersi

Plan features & details

Opportunity flagsi

Expense breakdowni

Audit opinioni

WATERS 401(K) PROFIT SHARING 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