Retirement plan

FORT WORTH WINDOW CLEANING INC 401(K) PROFIT SHARING PLAN AND T

Name: FORT WORTH WINDOW CLEANING INC - FORT WORTH WINDOW CLEANING INC 401(K) PROFIT SHARING PLAN AND T (2022) Form 5500
Creator: FORT WORTH WINDOW CLEANING INC
License: https://www.dol.gov/general/disclaim
Keywords: Form 5500, ERISA, retirement plan, FORT WORTH WINDOW CLEANING INC 401(K) PROFIT SHARING PLAN AND T, FORT WORTH WINDOW CLEANING INC

FORT WORTH WINDOW CLEANING INCEIN 75-2672809Plan #001PY 2022

1728 LAYTON AVE, UNIT C - HALTOM, TX 76117817-874-6288fwwc.comLinkedIn11-50 employeesfacilities services

Prospect flagsLow assets / participantLow participant contribution

How to read this page

Total assets (EOY)

$35K

+4.9% from 2021

Total participants

-50.0% from 2021

Average account balance

$4,961

-10.1% from 2021

Annual return

-18.02%

-30.44 pp from 2021

Benchmarks

See 21,422 peers

Peer group

Industry44 - Retail Trade

Plan typeDefined contribution

Participants<25

Cohort21,422 peers

Snapshot2022

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

Analytics

Total assets (EOY)

Plan-year ending balance

$150K

Not enough data

1 years with asset history on file

Average account balance

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

$25K

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.

60.0%

Not enough data

1 years with eligibility data

Contributions (total)

Employer and participant dollars contributed each year

$36K

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

+70.64%

Not enough data

1 years with return on file

Admin fee / account holder

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

$1907

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 codes2E2F2G2J2T3D

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.
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.
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

2 tripped

OpportunityLow participant contribution
Participant contribution per participant is in the bottom quintile of the peer cohort.
OpportunityLow assets / participant
Assets per participant are in the bottom quintile of the peer cohort - savings-rate / match opportunity.

Expense breakdown

Schedule H Part II

Admin total

$257

$43 / participant

Other / not subdivided$257100.0%

% of EOY assets

0.740%

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

$4,961

$95,867-94.8%

$79,551-93.8%

$134,493-96.3%

Participation rate

83.3%

75.0%+8.3pp

69.5%+13.9pp

81.2%+2.1pp

Annual return

-18.02%

-2.73%-15.3pp

0.14%-18.2pp

418.01%-436.0pp

Employer contribution / active EE

$702

$3,128-77.5%

$2,413-70.9%

$4,740-85.2%

Participant deferral / active EE

$561

$4,692-88.0%

$3,985-85.9%

$6,400-91.2%

Admin fee / account holder

$37

$9,127-99.6%

$6,833-99.5%

$11,425-99.7%

FORT WORTH WINDOW CLEANING INC 401(K) PROFIT SHARING PLAN AND T

Summary metrics

Benchmarksi

Analytics

Service providersi

Plan features & details

Opportunity flagsi

Expense breakdowni

Audit opinioni

FORT WORTH WINDOW CLEANING INC 401(K) PROFIT SHARING PLAN AND T

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