Retirement plan

WILSON OIL, INC. 401(K) PROFIT SHARING PLAN AND TRUST

Name: WILSON OIL, INC. - WILSON OIL, INC. 401(K) PROFIT SHARING PLAN AND TRUST (2020) Form 5500
Creator: WILSON OIL, INC.
License: https://www.dol.gov/general/disclaim
Keywords: Form 5500, ERISA, retirement plan, WILSON OIL, INC. 401(K) PROFIT SHARING PLAN AND TRUST, WILSON OIL, INC.

WILSON OIL, INC.EIN 91-0873302Plan #002PY 2020

PO BOX 61 - CENTRALIA, WA 98531360-508-0044

Prospect flagsHigh feesCorrective distributions

How to read this page

Total assets (EOY)

$23.9M

+19.5% from 2019

Total participants

344

+1.5% from 2019

Average account balance

$70,714

+17.0% from 2019

Annual return

16.47%

-5.42 pp from 2019

Benchmarks

See 248 peers

Peer group

Industry45 - Retail Trade

Plan typeDefined contribution

Participants250-999

Cohort248 peers

Snapshot2020

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

Analytics

Total assets (EOY)

Plan-year ending balance

$30.35M

Not enough data

1 years with asset history on file

Average account balance

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

$68K

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.

449

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.

98.6%

Not enough data

1 years with eligibility data

Contributions (total)

Employer and participant dollars contributed each year

$2.94M

Not enough data

1 years with contributions on file

Contributions per participant

Average employer and participant contribution per enrolled participant

$8K

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

+15.22%

Not enough data

1 years with return on file

Admin fee / account holder

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

$276

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 4 by compensation

Provider	Service type	Compensation
ANDERSON & ANDERSON ADVISORY LLC3 years Service code 27 959 11TH AVE STE B · LONGVIEW, WA 98632	Advisory (Plan)	$49,334
GREAT-WEST LIFE & ANNUITY INSURANCE3 years Service code 64 8515 EAST ORCHARD ROAD · GREENWOOD VILLAGE, CO 80111	Recordkeeping Fees	$44,043
LEAFHOUSE FINANCIAL ADVISORS, LLC3 years Service code 27 6504 BRIDGE POINT PKWY STE 450 · AUSTIN, TX 78730	Advisory (Plan)	$9,868
VWC PS3 years Service code 10 10510 NORTHUP WAY STE 300 · KIRKLAND, WA 98033	Accounting	$8,000

Plan features & details

Pension benefit codes2E2F2G2J2K2S2T3D

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.
2K
Code section 401(m) arrangement
Employee contributions are allocated to separate accounts under the plan or employer contributions are based in whole or in part on employee deferrals or contributions to the plan. Not applicable to 401(k) plans with only QNECs and/or QMACs or to 403(b)(1) 403(b)(7) or 408 arrangements.
2S
Automatic enrollment
Plan provides for automatic enrollment in plan that has elective contributions deducted from payroll.
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

2 tripped

OpportunityHigh fees
Administrative expenses exceed $300 per participant per year - possible fee-review opportunity. (Recordkeeping / audit / legal; excludes investment management.)
ComplianceCorrective distributions
Plan reported corrective distributions (failed ADP/ACP testing).

Expense breakdown

Schedule H Part II

Admin total

$111K

$388 / participant

Contract admin$103K92.8%
Other / not subdivided$8K7.2%

% of EOY assets

0.465%

all-in expense ratio

Categories reported

1 / 9

subdivided buckets used

Audit opinion

Schedule H Part III

Disclaimer opinion

Auditor declined to express an opinion - usually a 103(a)(3)(C) limited-scope election.

Auditor firm: VWC, PS
Auditor EIN: 911007261
Audit fees: (not subdivided)
Opinion code: Disclaimer

Metric

This plan

Peer set

Industry

Size

Avg account balance

$70,714

$51,447+37.4%

$104,639-32.4%

$73,412-3.7%

Participation rate

97.9%

68.2%+29.7pp

74.1%+23.8pp

72.2%+25.7pp

Annual return

16.47%

25.06%-8.6pp

340.67%-324.2pp

59.30%-42.8pp

Employer contribution / active EE

$3,564

$1,441+147.3%

$2,682+32.9%

$2,234+59.5%

Participant deferral / active EE

$3,109

$3,058+1.7%

$3,738-16.8%

$3,806-18.3%

Admin fee / account holder

$329

$122+169.8%

$6,465-94.9%

$158+108.4%

Provider

Service type

Compensation

ANDERSON & ANDERSON ADVISORY LLC3 years

Service code 27

959 11TH AVE STE B · LONGVIEW, WA 98632

Advisory (Plan)

$49,334

GREAT-WEST LIFE & ANNUITY INSURANCE3 years

Service code 64

8515 EAST ORCHARD ROAD · GREENWOOD VILLAGE, CO 80111

Recordkeeping Fees

$44,043

LEAFHOUSE FINANCIAL ADVISORS, LLC3 years

Service code 27

6504 BRIDGE POINT PKWY STE 450 · AUSTIN, TX 78730

Advisory (Plan)

$9,868

VWC PS3 years

Service code 10

10510 NORTHUP WAY STE 300 · KIRKLAND, WA 98033

Accounting

$8,000

WILSON OIL, INC. 401(K) PROFIT SHARING PLAN AND TRUST

Summary metrics

Benchmarksi

Analytics

Service providersi

Plan features & details

Opportunity flagsi

Expense breakdowni

Audit opinioni

WILSON OIL, INC. 401(K) PROFIT SHARING PLAN AND TRUST

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