Retirement plan

WHOLESALE ELECTRIC CARIBE, INC. RETIREMENT PLAN

Name: WHOLESALE ELECTRIC CARIBE, INC. - WHOLESALE ELECTRIC CARIBE, INC. RETIREMENT PLAN (2018) Form 5500
Creator: WHOLESALE ELECTRIC CARIBE, INC.
License: https://www.dol.gov/general/disclaim
Keywords: Form 5500, ERISA, retirement plan, WHOLESALE ELECTRIC CARIBE, INC. RETIREMENT PLAN, WHOLESALE ELECTRIC CARIBE, INC.

WHOLESALE ELECTRIC CARIBE, INC.EIN 66-0571416Plan #001PY 2018

PO BOX 2057 - BARCELONETA, PR 006172057787-846-5695

Prospect flagsHigh fees

How to read this page

Total assets (EOY)

$1.1M

-0.6% from 2017

Total participants

+9.1% from 2017

Average account balance

$55,179

-10.5% from 2017

Annual return

-7.29%

-25.13 pp from 2017

Benchmarks

See 22,374 peers

Peer group

Industry42 - Wholesale Trade

Plan typeDefined contribution

Participants<25

Cohort22,374 peers

Snapshot2018

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

Analytics

Total assets (EOY)

Plan-year ending balance

$2.90M

Not enough data

1 years with asset history on file

Average account balance

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

$52K

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.

100.0%

Not enough data

1 years with eligibility data

Contributions (total)

Employer and participant dollars contributed each year

$72K

Not enough data

1 years with contributions on file

Contributions per participant

Average employer and participant contribution per enrolled participant

$2K

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

+15.14%

Not enough data

1 years with return on file

Admin fee / account holder

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

$478

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 codes2E2J3C

Plan features

2E
Profit-sharing
Profit-sharing plan.
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.
3C
Plan not intended to be qualified
A plan not intended to be qualified under Code sections 401 403 or 408.

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

$14K

$682 / participant

Other / not subdivided$14K100.0%

% of EOY assets

1.236%

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

$55,179

$135,645-59.3%

$110,243-49.9%

$135,379-59.2%

Participation rate

80.0%

83.5%-3.5pp

79.8%+0.2pp

82.6%-2.6pp

Annual return

-7.29%

513.24%-520.5pp

314.76%-322.0pp

519.79%-527.1pp

Employer contribution / active EE

$1,310

$4,907-73.3%

$3,827-65.8%

$4,779-72.6%

Participant deferral / active EE

$3,102

$5,507-43.7%

$4,672-33.6%

$5,609-44.7%

Admin fee / account holder

$682

$11,458-94.0%

$8,548-92.0%

$10,828-93.7%

WHOLESALE ELECTRIC CARIBE, INC. RETIREMENT PLAN

Summary metrics

Benchmarksi

Analytics

Service providersi

Plan features & details

Opportunity flagsi

Expense breakdowni

Audit opinioni

WHOLESALE ELECTRIC CARIBE, INC. RETIREMENT 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