Retirement plan

THE WINROCK GROUP, INC. 401(K) RETIREMENT SAVINGS PLAN AND TRUST

Name: THE WINROCK GROUP, INC. - THE WINROCK GROUP, INC. 401(K) RETIREMENT SAVINGS PLAN AND TRUST (2024) Form 5500
Creator: THE WINROCK GROUP, INC.
License: https://www.dol.gov/general/disclaim
Keywords: Form 5500, ERISA, retirement plan, THE WINROCK GROUP, INC. 401(K) RETIREMENT SAVINGS PLAN AND TRUST, THE WINROCK GROUP, INC.

THE WINROCK GROUP, INC.EIN 71-0633764Plan #001PY 2024

P. O. BOX 3157 - LITTLE ROCK, AR 72203501-376-3300LinkedIn51-200 employeesretail

Prospect flagsLow participationFailed to transmit contributions

How to read this page

Total assets (EOY)

$10.8M

+9.0% from 2023

Total participants

452

+5.9% from 2023

Average account balance

$30,927

+2.4% from 2023

Annual return

14.22%

-1.24 pp from 2023

Benchmarks

See 1,308 peers

Peer group

Industry44 - Retail Trade

Plan typeDefined contribution

Participants250-999

Cohort1,308 peers

Snapshot2024

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

Analytics

Total assets (EOY)

Plan-year ending balance

$10.79M

Not enough data

1 years with asset history on file

Average account balance

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

$31K

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.

349

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.

69.6%

Not enough data

1 years with eligibility data

Contributions (total)

Employer and participant dollars contributed each year

$1.64M

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

+14.22%

Not enough data

1 years with return on file

Admin fee / account holder

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

$113

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 6 by compensation

Provider	Service type	Compensation
RAYMOND JAMES FINANCIAL SERVICES5 years Filed as: RAYMOND JAMES INSURANCE GROUP INC Service code 49	Other Services	$29,089
PRINCIPAL LIFE INSURANCE COMPANY10+ years Service code 13 · EIN 42-0127290	Contract Administrator	$26,746
FORVIS, LLP1 year Filed as: FORVIS-MAZARS Service code 10 · EIN 56-0747981	Accounting	$9,975
DEFINITI LLC1 year Filed as: DEFINITI Service code 13 · EIN 85-0833363	Contract Administrator	$6,559
RAYMOND JAMES FINANCIAL SERVICES1 year Filed as: RAYMOND JAMES & ASSOCIATES INC Service code 49 · EIN 59-1237041	Other Services	$6,101
RAYMOND JAMES FINANCIAL SERVICES1 year Filed as: RAYMOND JAMES INSURANCE GROUP, INC Service code 49 · EIN 59-1199408	Other Services	$0

Plan features & details

Pension benefit codes2E2G2J2K3D3H

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.
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.
3H
Controlled group member
Plan sponsor(s) is (are) a member(s) of a controlled group (Code sections 414(b) (c) or (m)).

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

$39K

$116 / participant

Contract admin$29K74.7%
Other / not subdivided$10K25.3%

% of EOY assets

0.365%

all-in expense ratio

Categories reported

1 / 9

subdivided buckets used

Audit opinion

Schedule H Part III

Unqualified opinion

Auditor signed off without reservation - the cleanest possible opinion.

Auditor firm: FORVIS MAZARS, LLP
Auditor EIN: 440160260
Audit fees: $9,975
Opinion code: Unqualified

Metric

This plan

Peer set

Industry

Size

Avg account balance

$30,927

$54,193-42.9%

$93,669-67.0%

$77,714-60.2%

Participation rate

69.6%

63.9%+5.7pp

68.7%+0.9pp

70.6%-1.0pp

Annual return

14.22%

30.54%-16.3pp

133.59%-119.4pp

31.26%-17.0pp

Employer contribution / active EE

$1,288

$1,168+10.3%

$2,424-46.8%

$2,727-52.8%

Participant deferral / active EE

$3,538

$3,144+12.5%

$4,416-19.9%

$4,649-23.9%

Admin fee / account holder

$113

$576-80.4%

$8,291-98.6%

$433-74.0%

Provider

Service type

Compensation

RAYMOND JAMES FINANCIAL SERVICES5 years

Filed as: RAYMOND JAMES INSURANCE GROUP INC

Service code 49

Other Services

$29,089

PRINCIPAL LIFE INSURANCE COMPANY10+ years

Service code 13 · EIN 42-0127290

Contract Administrator

$26,746

FORVIS, LLP1 year

Filed as: FORVIS-MAZARS

Service code 10 · EIN 56-0747981

Accounting

$9,975

DEFINITI LLC1 year

Filed as: DEFINITI

Service code 13 · EIN 85-0833363

Contract Administrator

$6,559

RAYMOND JAMES FINANCIAL SERVICES1 year

Filed as: RAYMOND JAMES & ASSOCIATES INC

Service code 49 · EIN 59-1237041

Other Services

$6,101

RAYMOND JAMES FINANCIAL SERVICES1 year

Filed as: RAYMOND JAMES INSURANCE GROUP, INC

Service code 49 · EIN 59-1199408

Other Services

THE WINROCK GROUP, INC. 401(K) RETIREMENT SAVINGS PLAN AND TRUST

Summary metrics

Benchmarksi

Analytics

Service providersi

Plan features & details

Opportunity flagsi

Expense breakdowni

Audit opinioni

THE WINROCK GROUP, INC. 401(K) RETIREMENT SAVINGS PLAN AND TRUST

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