Retirement plan

WEBCO GROUP HOLDINGS, INC. ESOP/401(K) PLAN

Name: WEBCO GROUP HOLDINGS, INC. - WEBCO GROUP HOLDINGS, INC. ESOP/401(K) PLAN (2024) Form 5500
Creator: WEBCO GROUP HOLDINGS, INC.
License: https://www.dol.gov/general/disclaim
Keywords: Form 5500, ERISA, retirement plan, WEBCO GROUP HOLDINGS, INC. ESOP/401(K) PLAN, WEBCO GROUP HOLDINGS, INC.

WEBCO GROUP HOLDINGS, INC.EIN 85-3181325Plan #002PY 2024

20570 W. 162ND STREET - OLATHE, KS 66062913-764-7111

Prospect flagsLow participationLow participant contribution

How to read this page

Total assets (EOY)

$46.4M

+19.7% from 2023

Total participants

268

-10.1% from 2023

Average account balance

$245,339

+28.5% from 2023

Annual return

34.38%

+33.39 pp from 2023

Benchmarks

See 4,103 peers

Peer group

Industry33 - Manufacturing

Plan typeDefined contribution

Participants100-249

Cohort4,103 peers

Snapshot2024

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

Analytics

Total assets (EOY)

Plan-year ending balance

$46.37M

Not enough data

1 years with asset history on file

Average account balance

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

$245K

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.

189

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.

60.5%

Not enough data

1 years with eligibility data

Contributions (total)

Employer and participant dollars contributed each year

$1.30M

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

+34.38%

Not enough data

1 years with return on file

Admin fee / account holder

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

$206

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

Top 1 by compensation

Provider	Service type	Compensation
WCG WEALTH ADVISORS, LLC2 years Service code 26 · EIN 47-1862922 8925 W POST RD · LAS VEGAS, NV 89148	Advisory (Participants)	$16,956

Plan features & details

Pension benefit codes2E2H2J2P2Q3I

Plan features

2E
Profit-sharing
Profit-sharing plan.
2H
Partial participant-directed account plan
Participants have the opportunity to direct the investment of a portion 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.
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

OpportunityLow participation
Participation rate is below 70% (account-balance holders / active employees) - enrollment or auto-enroll opportunity.
OpportunityLow participant contribution
Participant contribution per participant is in the bottom quintile of the peer cohort.

Expense breakdown

Schedule H Part II

Admin total

$39K

$195 / participant

Investment mgmt$17K43.6%
Contract admin$22K56.4%

% of EOY assets

0.084%

all-in expense ratio

Categories reported

2 / 9

subdivided buckets used

Audit opinion

Schedule H Part III

Unqualified opinion

Auditor signed off without reservation - the cleanest possible opinion.

Auditor firm: PICKETT, CHANEY & MCMULLEN LLP
Auditor EIN: 481246310
Audit fees: (not subdivided)
Opinion code: Unqualified

Metric

This plan

Peer set

Industry

Size

Avg account balance

$245,339

$79,181+209.8%

$102,423+139.5%

$74,429+229.6%

Participation rate

60.5%

74.8%-14.3pp

76.5%-16.0pp

67.2%-6.7pp

Annual return

34.38%

54.97%-20.6pp

29.42%+5.0pp

1368.38%-1334.0pp

Employer contribution / active EE

$5,828

$2,362+146.8%

$3,023+92.8%

$2,625+122.0%

Participant deferral / active EE

$655

$4,416-85.2%

$5,054-87.0%

$4,348-84.9%

Admin fee / account holder

$206

$2,002-89.7%

$9,455-97.8%

$1,944-89.4%

Provider

Service type

Compensation

WCG WEALTH ADVISORS, LLC2 years

Service code 26 · EIN 47-1862922

8925 W POST RD · LAS VEGAS, NV 89148

Advisory (Participants)

$16,956

WEBCO GROUP HOLDINGS, INC. ESOP/401(K) PLAN

Summary metrics

Benchmarksi

Analytics

Service providersi

Plan features & details

Opportunity flagsi

Expense breakdowni

Audit opinioni

WEBCO GROUP HOLDINGS, INC. ESOP/401(K) 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