Retirement plan

WILTON SPRINGS HARDWARE, LLC 401-K PLAN

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

WILTON SPRINGS HARDWARE, LLCEIN 71-0924486Plan #001PY 2023

303 WILTON SPRINGS RD. - NEWPORT, TN 37821423-623-9777wiltonspringshardware.comLinkedIn1-10 employeesbuilding materials

Prospect flagsLow fidelity bond

How to read this page

Total assets (EOY)

$878K

+39.2% from 2022

Total participants

0.0% from 2022

Average account balance

$79,774

+39.2% from 2022

Annual return

25.01%

+45.43 pp from 2022

Benchmarks

See 22,163 peers

Peer group

Industry44 - Retail Trade

Plan typeDefined contribution

Participants<25

Cohort22,163 peers

Snapshot2023

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

Analytics

Total assets (EOY)

Plan-year ending balance

$1.08M

Not enough data

1 years with asset history on file

Average account balance

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

$98K

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.

68.8%

Not enough data

1 years with eligibility data

Contributions (total)

Employer and participant dollars contributed each year

$102K

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

+18.63%

Not enough data

1 years with return on file

Admin fee / account holder

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

$6103

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

ComplianceLow fidelity bond
Fidelity bond coverage is below the ERISA section 412 10%-of-assets minimum (capped at $500,000).

Expense breakdown

Schedule H Part II

Admin total

$3K

$213 / participant

Other / not subdivided$3K100.0%

% of EOY assets

0.291%

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

$79,774

$102,663-22.3%

$86,216-7.5%

$139,466-42.8%

Participation rate

91.7%

74.5%+17.2pp

69.0%+22.7pp

80.3%+11.3pp

Annual return

25.01%

1924.52%-1899.5pp

1169.42%-1144.4pp

373.66%-348.7pp

Employer contribution / active EE

$874

$3,035-71.2%

$2,382-63.3%

$4,754-81.6%

Participant deferral / active EE

$6,809

$4,677+45.6%

$3,986+70.8%

$6,712+1.4%

Admin fee / account holder

$232

$8,663-97.3%

$6,853-96.6%

$11,409-98.0%

WILTON SPRINGS HARDWARE, LLC 401-K PLAN

Summary metrics

Benchmarksi

Analytics

Service providersi

Plan features & details

Opportunity flagsi

Expense breakdowni

Audit opinioni

WILTON SPRINGS HARDWARE, 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