Retirement plan

WINE WORLD COMPANIES, INC. EMPLOYEE STOCK OWNERSHIP PLAN

Name: WINE WORLD COMPANIES, INC. - WINE WORLD COMPANIES, INC. EMPLOYEE STOCK OWNERSHIP PLAN (2023) Form 5500
Creator: WINE WORLD COMPANIES, INC.
License: https://www.dol.gov/general/disclaim
Keywords: Form 5500, ERISA, retirement plan, WINE WORLD COMPANIES, INC. EMPLOYEE STOCK OWNERSHIP PLAN, WINE WORLD COMPANIES, INC.

WINE WORLD COMPANIES, INC.EIN 83-3273377Plan #002PY 2023

4010 COMMONS DRIVE #112 - DESTIN, FL 32541850-424-4388LinkedIn201-500 employeesretail

Other plans on this EIN

1 filing

#001Retirement-$785K assets

Prospect flagsLow returnsLow fidelity bond

How to read this page

Total assets (EOY)

$9.2M

No prior year

Total participants

130

No prior year

Average account balance

$77,143

No prior year

Annual return

-31.00%

No prior year

Benchmarks

See 9,478 peers

Peer group

Industry44 - Retail Trade

Plan typeDefined contribution

Participants25-99

Cohort9,478 peers

Snapshot2023

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

Analytics

Total assets (EOY)

Plan-year ending balance

$5.34M

Not enough data

1 years with asset history on file

Average account balance

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

$38K

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.

142

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.

89.1%

Not enough data

1 years with eligibility data

Contributions (total)

Employer and participant dollars contributed each year

$739K

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

-42.74%

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

1 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 codes2I2P2Q3F3H3I

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.
3F
Leased employees
Plan sponsor(s) received services of leased employees as defined in Code section 414(n) during the plan year.
3H
Controlled group member
Plan sponsor(s) is (are) a member(s) of a controlled group (Code sections 414(b) (c) or (m)).
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

OpportunityLow returns
Annual investment return is in the bottom quintile of the peer cohort.
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

$30

$0 / participant

Other / not subdivided$30100.0%

% of EOY assets

0.000%

all-in expense ratio

Categories reported

0 / 9

subdivided buckets used

Audit opinion

Schedule H Part III

Qualified opinion

Opinion is qualified - a specific issue limited the scope or accuracy of the audit.

Auditor firm: CARR RIGGS & INGRAM
Auditor EIN: 721396621
Audit fees: (not subdivided)
Opinion code: Qualified

Metric

This plan

Peer set

Industry

Size

Avg account balance

$77,143

$65,566+17.7%

$86,235-10.5%

$75,177+2.6%

Participation rate

88.8%

60.5%+28.3pp

69.0%+19.8pp

67.2%+21.6pp

Annual return

-31.00%

46.07%-77.1pp

1170.03%-1201.0pp

160.75%-191.7pp

Employer contribution / active EE

$7,493

$1,553+382.4%

$2,381+214.7%

$2,671+180.5%

Participant deferral / active EE

$3,023-100.0%

$3,987-100.0%

$4,126-100.0%

Admin fee / account holder

$5,470-100.0%

$6,856-100.0%

$5,651-100.0%

WINE WORLD COMPANIES, INC. EMPLOYEE STOCK OWNERSHIP PLAN

Summary metrics

Benchmarksi

Analytics

Service providersi

Plan features & details

Opportunity flagsi

Expense breakdowni

Audit opinioni

WINE WORLD COMPANIES, 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