Retirement plan

WESCHLER'S AUCTIONEERS & APPRAISERS, LLC PROFIT SHARING PLAN

Name: WESCHLER'S AUCTIONEERS & APPRAISERS, LLC - WESCHLER'S AUCTIONEERS & APPRAISERS, LLC PROFIT SHARING PLAN (2018) 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 2018

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)

$4.8M

-3.6% from 2017

Total participants

+5.0% from 2017

Average account balance

$227,001

-8.2% from 2017

Annual return

-5.23%

-17.88 pp from 2017

Benchmarks

See 7,521 peers

Peer group

Industry45 - Retail Trade

Plan typeDefined contribution

Participants<25

Cohort7,521 peers

Snapshot2018

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

$53K

$3530 / participant

Other / not subdivided$53K100.0%

% of EOY assets

1.111%

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

$227,001

$107,806+110.6%

$90,655+150.4%

$135,382+67.7%

Participation rate

100.0%

78.0%+22.0pp

74.0%+26.0pp

82.6%+17.4pp

Annual return

-5.23%

-0.90%-4.3pp

1.89%-7.1pp

519.77%-525.0pp

Employer contribution / active EE

$2,112

$3,018-30.0%

$2,532-16.6%

$4,779-55.8%

Participant deferral / active EE

$5,375

$3,872+38.8%

$3,425+57.0%

$5,609-4.2%

Admin fee / account holder

$2,521

$5,931-57.5%

$4,994-49.5%

$10,829-76.7%

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