Retirement plan

WHITEMUG, INC. PROFIT SHARING PLAN AND TRUST

Name: WHITEMUG, INC. - WHITEMUG, INC. PROFIT SHARING PLAN AND TRUST (2024) Form 5500
Creator: WHITEMUG, INC.
License: https://www.dol.gov/general/disclaim
Keywords: Form 5500, ERISA, retirement plan, WHITEMUG, INC. PROFIT SHARING PLAN AND TRUST, WHITEMUG, INC.

WHITEMUG, INC.EIN 92-2676304Plan #001PY 2024

1080 BROADWAY, SUITE 1080 - ALBANY, NY 12204518-808-3782

Prospect flagsHigh fees

How to read this page

Total assets (EOY)

$114K

+216.2% from 2023

Total participants

+33.3% from 2023

Average account balance

$38,078

+216.2% from 2023

Annual return

24.95%

+24.95 pp from 2023

Benchmarks

See 22,293 peers

Peer group

Industry44 - Retail Trade

Plan typeDefined contribution

Participants<25

Cohort22,293 peers

Snapshot2024

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

Analytics

Less than 3 years of history available for this plan

We'll show a chart here once at least 3 consecutive filings are on record.

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 codes2E2J2F2G3D

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

OpportunityHigh fees
Administrative expenses exceed $300 per participant per year - possible fee-review opportunity. (Recordkeeping / audit / legal; excludes investment management.)

Expense breakdown

Schedule H Part II

Admin total

$981

$245 / participant

Other / not subdivided$981100.0%

% of EOY assets

0.859%

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

$38,078

$111,830-65.9%

$93,696-59.4%

$145,884-73.9%

Participation rate

75.0%

74.2%+0.8pp

68.7%+6.3pp

80.3%-5.3pp

Annual return

24.95%

204.08%-179.1pp

133.74%-108.8pp

551.85%-526.9pp

Employer contribution / active EE

$4,932

$3,093+59.4%

$2,422+103.6%

$4,662+5.8%

Participant deferral / active EE

$12,341

$4,920+150.8%

$4,417+179.4%

$6,690+84.5%

Admin fee / account holder

$327

$10,249-96.8%

$8,287-96.1%

$13,392-97.6%

WHITEMUG, INC. PROFIT SHARING PLAN AND TRUST

Summary metrics

Benchmarksi

Analytics

Service providersi

Plan features & details

Opportunity flagsi

Expense breakdowni

Audit opinioni

WHITEMUG, INC. 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