Retirement plan

WOODLAND MANAGEMENT RETIREMENT SAVINGS PLAN

Name: WOODLAND MANAGEMENT, INC. - WOODLAND MANAGEMENT RETIREMENT SAVINGS PLAN (2023) Form 5500
Creator: WOODLAND MANAGEMENT, INC.
License: https://www.dol.gov/general/disclaim
Keywords: Form 5500, ERISA, retirement plan, WOODLAND MANAGEMENT RETIREMENT SAVINGS PLAN, WOODLAND MANAGEMENT, INC.

WOODLAND MANAGEMENT, INC.EIN 90-0130652Plan #002PY 2023

201 SOUTH HIGHLAND AVE, SUITE 204 - PITTSBURGH, PA 15206412-362-0318wmfio.comLinkedIn1-10 employeesinvestment management

Prospect flagsLow participation

How to read this page

Total assets (EOY)

$446K

+40.9% from 2022

Total participants

+11.1% from 2022

Average account balance

$89,117

+12.7% from 2022

Annual return

17.61%

+41.30 pp from 2022

Benchmarks

See 36,154 peers

Peer group

Industry52 - Finance and Insurance

Plan typeDefined contribution

Participants<25

Cohort36,154 peers

Snapshot2023

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

Analytics

Total assets (EOY)

Plan-year ending balance

$561K

Not enough data

1 years with asset history on file

Average account balance

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

$93K

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.

54.5%

Not enough data

1 years with eligibility data

Contributions (total)

Employer and participant dollars contributed each year

$95K

Not enough data

1 years with contributions on file

Contributions per participant

Average employer and participant contribution per enrolled participant

$9K

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

+4.66%

Not enough data

1 years with return on file

Admin fee / account holder

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

$180

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 codes2E2G2J2T3D

Plan features

2E
Profit-sharing
Profit-sharing plan.
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.
2T
Default investment account
Total or partial participant-directed account plan where plan uses a default investment account for participants who fail to direct assets in their account.
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

OpportunityLow participation
Participation rate is below 70% (account-balance holders / active employees) - enrollment or auto-enroll opportunity.

Expense breakdown

Schedule H Part II

Admin total

$85

$9 / participant

Other / not subdivided$85100.0%

% of EOY assets

0.019%

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

$89,117

$185,905-52.1%

$170,057-47.6%

$139,487-36.1%

Participation rate

50.0%

87.8%-37.8pp

87.0%-37.0pp

80.3%-30.3pp

Annual return

17.61%

60.56%-43.0pp

53.42%-35.8pp

373.84%-356.2pp

Employer contribution / active EE

$7,597-100.0%

$6,790-100.0%

$4,755-100.0%

Participant deferral / active EE

$7,372

$11,627-36.6%

$10,411-29.2%

$6,713+9.8%

Admin fee / account holder

$17

$15,397-99.9%

$12,826-99.9%

$11,407-99.9%

WOODLAND MANAGEMENT RETIREMENT SAVINGS PLAN

Summary metrics

Benchmarksi

Analytics

Service providersi

Plan features & details

Opportunity flagsi

Expense breakdowni

Audit opinioni

WOODLAND MANAGEMENT RETIREMENT SAVINGS 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