Retirement plan

WESCHLER'S AUCTIONEERS & APPRAISERS, LLC PROFIT SHARING PLAN

Name: WESCHLER'S AUCTIONEERS & APPRAISERS, LLC - WESCHLER'S AUCTIONEERS & APPRAISERS, LLC PROFIT SHARING PLAN (2017) Form 5500
Creator: WESCHLER'S AUCTIONEERS & APPRAISERS, LLC
License: https://www.dol.gov/general/disclaim
Keywords: Form 5500, ERISA, retirement plan, WESCHLER'S AUCTIONEERS & APPRAISERS, LLC PROFIT SHARING PLAN, WESCHLER'S AUCTIONEERS & APPRAISERS, LLC

WESCHLER'S AUCTIONEERS & APPRAISERS, LLCEIN 81-2461975Plan #001PY 2017

40 WEST GUDE DRIVE, STE 100 - ROCKVILLE, MD 20850202-628-1281weschlers.comLinkedIn11-50 employeesluxury goods & jewelry

Prospect flagsHigh fees

How to read this page

Total assets (EOY)

$4.9M

-1.9% from 2016

Total participants

-4.8% from 2016

Average account balance

$247,368

+3.0% from 2016

Annual return

12.65%

+6.00 pp from 2016

Benchmarks

See 7,344 peers

Peer group

Industry45 - Retail Trade

Plan typeDefined contribution

Participants<25

Cohort7,344 peers

Snapshot2017

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

Analytics

Total assets (EOY)

Plan-year ending balance

$4.18M

Not enough data

1 years with asset history on file

Average account balance

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

$149K

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.

133.3%

Not enough data

1 years with eligibility data

Contributions (total)

Employer and participant dollars contributed each year

$148K

Not enough data

1 years with contributions on file

Contributions per participant

Average employer and participant contribution per enrolled participant

$7K

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

+11.65%

Not enough data

1 years with return on file

Admin fee / account holder

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

$39590

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 codes2E2J2F2G3D

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.
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

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

$850K

$60708 / participant

Other / not subdivided$850K100.0%

% of EOY assets

17.179%

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

$247,368

$113,338+118.3%

$94,993+160.4%

$147,586+67.6%

Participation rate

100.0%

78.0%+22.0pp

73.9%+26.1pp

82.8%+17.2pp

Annual return

12.65%

20.80%-8.1pp

27.14%-14.5pp

578.59%-565.9pp

Employer contribution / active EE

$2,197

$3,160-30.5%

$2,603-15.6%

$4,876-54.9%

Participant deferral / active EE

$4,822

$3,777+27.7%

$3,317+45.4%

$5,439-11.3%

Admin fee / account holder

$42,496

$6,063+601.0%

$4,960+756.7%

$10,886+290.4%

WESCHLER'S AUCTIONEERS & APPRAISERS, LLC PROFIT SHARING PLAN

Summary metrics

Benchmarksi

Analytics

Service providersi

Plan features & details

Opportunity flagsi

Expense breakdowni

Audit opinioni

WESCHLER'S AUCTIONEERS & APPRAISERS, LLC PROFIT SHARING 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