Retirement plan

GLOBAL BEER NETWORK, INC. EMPLOYEE STOCK OWNERSHIP PLAN

Name: WIN-IT-TOO, INC. DBA GLOBAL BEER NETWORK - GLOBAL BEER NETWORK, INC. EMPLOYEE STOCK OWNERSHIP PLAN (2022) Form 5500
Creator: WIN-IT-TOO, INC. DBA GLOBAL BEER NETWORK
License: https://www.dol.gov/general/disclaim
Keywords: Form 5500, ERISA, retirement plan, GLOBAL BEER NETWORK, INC. EMPLOYEE STOCK OWNERSHIP PLAN, WIN-IT-TOO, INC. DBA GLOBAL BEER NETWORK

WIN-IT-TOO, INC. DBA GLOBAL BEER NETWORKEIN 77-0370729Plan #002PY 2022

30 LOG BRIDGE ROAD, BUILDING 300, UNIT 301 - MIDDLETON, MA 01949978-767-4177

Other plans on this EIN

1 filing

#001Retirement-$1.1M assets

Prospect flagsHigh feesLow fidelity bond

How to read this page

Total assets (EOY)

$3M

+21.8% from 2021

Total participants

+13.3% from 2021

Average account balance

$92,500

-1.0% from 2021

Annual return

3.47%

+8.80 pp from 2021

Benchmarks

See 21,402 peers

Peer group

Industry44 - Retail Trade

Plan typeDefined contribution

Participants<25

Cohort21,402 peers

Snapshot2022

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

Analytics

Total assets (EOY)

Plan-year ending balance

Not enough data

1 years with asset history on file

Average account balance

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

Not enough data

0 years with per-participant data

Participants with account balance

Stacked by status: active / separated vested / retired or beneficiary. Total = line 6g.

Not enough data

0 years with headcount on file

Eligible Participants and Participation

Bars: eligible actives (line 6a). Line: derived rate = active employees with a balance / 6a.

Not enough data

0 years with eligibility data

Contributions (total)

Employer and participant dollars contributed each year

$449K

Not enough data

1 years with contributions on file

Contributions per participant

Average employer and participant contribution per enrolled participant

Not enough data

0 years with per-participant contribution data

Asset flow

BOY + contributions + return - distributions = EOY

Year

Annual return

Diverging bars; negative years highlighted

+91.48%

Not enough data

1 years with return on file

Admin fee / account holder

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

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 codes2I2P2Q3I

Plan features

2I
Stock bonus
Stock bonus plan.
2P
Leveraged ESOP
Employee stock ownership plan that acquires employer securities with borrowed money or other debt-financing techniques.
2Q
ESOP maintained by an S corporation
The employer maintaining this ESOP is an S corporation.
3I
Employer securities investment required
Plan requiring that all or part of employer contributions be invested and held at least for a limited period in employer securities.

Opportunity flags

2 tripped

OpportunityHigh fees
Administrative expenses exceed $300 per participant per year - possible fee-review opportunity. (Recordkeeping / audit / legal; excludes investment management.)
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

$266K

$11076 / participant

Other / not subdivided$266K100.0%

% of EOY assets

8.981%

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

$92,500

$95,917-3.6%

$79,583+16.2%

$134,545-31.2%

Participation rate

91.7%

75.0%+16.6pp

69.5%+22.2pp

81.2%+10.4pp

Annual return

3.47%

-2.70%+6.2pp

0.16%+3.3pp

418.37%-414.9pp

Employer contribution / active EE

$18,568

$3,129+493.4%

$2,414+669.3%

$4,742+291.6%

Participant deferral / active EE

$4,694-100.0%

$3,986-100.0%

$6,401-100.0%

Admin fee / account holder

$8,307

$9,132-9.0%

$6,835+21.5%

$11,431-27.3%

GLOBAL BEER NETWORK, INC. EMPLOYEE STOCK OWNERSHIP PLAN

Summary metrics

Benchmarksi

Analytics

Service providersi

Plan features & details

Opportunity flagsi

Expense breakdowni

Audit opinioni

GLOBAL BEER NETWORK, INC. EMPLOYEE STOCK OWNERSHIP 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