Retirement plan

CENTRAL WELDING SUPPLY, INC. PROFIT SHARING PLAN

Name: CENTRAL WELDING SUPPLY, INC. - CENTRAL WELDING SUPPLY, INC. PROFIT SHARING PLAN (2017) Form 5500
Creator: CENTRAL WELDING SUPPLY, INC.
License: https://www.dol.gov/general/disclaim
Keywords: Form 5500, ERISA, retirement plan, CENTRAL WELDING SUPPLY, INC. PROFIT SHARING PLAN, CENTRAL WELDING SUPPLY, INC.

CENTRAL WELDING SUPPLY, INC.EIN 91-0939329Plan #002PY 2017

PO BOX 179 - NORTH LAKEWOOD, WA 98359360-658-5617centralwelding.comLinkedIn201-500 employeesmachinery

Prospect flagsFailed to transmit contributions

How to read this page

Total assets (EOY)

$10.8M

+27.2% from 2016

Total participants

254

+13.4% from 2016

Average account balance

$44,832

+6.0% from 2016

Annual return

25.60%

+19.77 pp from 2016

Benchmarks

See 4,147 peers

Peer group

Industry33 - Manufacturing

Plan typeDefined contribution

Participants100-249

Cohort4,147 peers

Snapshot2017

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

Analytics

Total assets (EOY)

Plan-year ending balance

$23.26M

Not enough data

1 years with asset history on file

Average account balance

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

$50K

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.

464

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.

90.2%

Not enough data

1 years with eligibility data

Contributions (total)

Employer and participant dollars contributed each year

$1.51M

Not enough data

1 years with contributions on file

Contributions per participant

Average employer and participant contribution per enrolled participant

$4K

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

+17.56%

Not enough data

1 years with return on file

Admin fee / account holder

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

$111

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 5 by compensation

Provider	Service type	Compensation
USI CONSULTING GROUP2+ years Filed as: KIBBLE & PRENTICE Service code 15 · EIN 91-1176315 601 UNION STREET · SEATTLE, WA 98101	Recordkeeping	$27,554
CHARLES SCHWAB & CO., INC.2+ years Filed as: CHARLES SCHWAB BANK Service code 18 · EIN 42-1558009	Shareholder servicing fees; Custodial...	$4,741
CHARLES SCHWAB & CO., INC.2+ years Filed as: CHARLES SCHWAB & CO, INC Service code 18 · EIN 94-1737882	Shareholder servicing fees; Custodial...	$0
CHARLES SCHWAB & CO., INC.2+ years Filed as: CHARLES SCHWAB & CO. INC. Service code 19	Securities Custodian	$0
DWYER PEMBERTON & COULSON PC2+ years Service code 10 · EIN 91-1503183 1940 EAST D STREET SUITE 200 · TACOMA, WA 98421	Accounting	$0

Plan features & details

Pension benefit codes2E2F2G2J3D

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

ComplianceFailed to transmit contributions
Form 5500 reported a failure to timely transmit participant contributions (Schedule H line 4a).

Expense breakdown

Schedule H Part II

Admin total

$28K

$117 / participant

Investment mgmt$28K100.0%

% of EOY assets

0.256%

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: DWYER PEMBERTON & COULSON PC
Auditor EIN: 911503183
Audit fees: (not subdivided)
Opinion code: Disclaimer

Metric

This plan

Peer set

Industry

Size

Avg account balance

$44,832

$64,909-30.9%

$82,312-45.5%

$62,293-28.0%

Participation rate

94.0%

74.9%+19.2pp

76.9%+17.1pp

69.5%+24.5pp

Annual return

25.60%

21.18%+4.4pp

25.88%-0.3pp

28.90%-3.3pp

Employer contribution / active EE

$1,213

$1,676-27.6%

$2,428-50.1%

$2,042-40.6%

Participant deferral / active EE

$1,682

$3,103-45.8%

$3,706-54.6%

$3,169-46.9%

Admin fee / account holder

$115

$440-73.9%

$5,608-98.0%

$479-76.0%

Provider

Service type

Compensation

USI CONSULTING GROUP2+ years

Filed as: KIBBLE & PRENTICE

Service code 15 · EIN 91-1176315

601 UNION STREET · SEATTLE, WA 98101

Recordkeeping

$27,554

CHARLES SCHWAB & CO., INC.2+ years

Filed as: CHARLES SCHWAB BANK

Service code 18 · EIN 42-1558009

Shareholder servicing fees; Custodial...

$4,741

CHARLES SCHWAB & CO., INC.2+ years

Filed as: CHARLES SCHWAB & CO, INC

Service code 18 · EIN 94-1737882

Shareholder servicing fees; Custodial...

CHARLES SCHWAB & CO., INC.2+ years

Filed as: CHARLES SCHWAB & CO. INC.

Service code 19

Securities Custodian

DWYER PEMBERTON & COULSON PC2+ years

Service code 10 · EIN 91-1503183

1940 EAST D STREET SUITE 200 · TACOMA, WA 98421

Accounting

CENTRAL WELDING SUPPLY, INC. PROFIT SHARING PLAN

Summary metrics

Benchmarksi

Analytics

Service providersi

Plan features & details

Opportunity flagsi

Expense breakdowni

Audit opinioni

CENTRAL WELDING SUPPLY, INC. 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