Retirement plan

WESTERN WIRE WORKS, INC. 401K PROFIT SHARING PLAN

Name: THE WESTERN GROUP - WESTERN WIRE WORKS, INC. 401K PROFIT SHARING PLAN (2016) Form 5500
Creator: THE WESTERN GROUP
License: https://www.dol.gov/general/disclaim
Keywords: Form 5500, ERISA, retirement plan, WESTERN WIRE WORKS, INC. 401K PROFIT SHARING PLAN, THE WESTERN GROUP

THE WESTERN GROUPEIN 93-0467390Plan #002PY 2016

3950 NW ST. HELENS RD. - PORTLAND, OR 972101423503-445-0329westernfireworks.comLinkedIn11-50 employeeshigher education

Prospect flagsHigh fees

How to read this page

Total assets (EOY)

$6.7M

+4.4% from 2015

Total participants

132

0.0% from 2015

Average account balance

$62,935

+13.2% from 2015

Annual return

9.74%

+11.66 pp from 2015

Benchmarks

See 15,087 peers

Peer group

Industry33 - Manufacturing

Plan typeDefined contribution

Participants25-99

Cohort15,087 peers

Snapshot2016

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

Analytics

Total assets (EOY)

Plan-year ending balance

$10.01M

Not enough data

1 years with asset history on file

Average account balance

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

$152K

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.

70.2%

Not enough data

1 years with eligibility data

Contributions (total)

Employer and participant dollars contributed each year

$538K

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

+10.03%

Not enough data

1 years with return on file

Admin fee / account holder

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

$8473

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

Top 3 by compensation

Provider	Service type	Compensation
DESCHUTES INVESTMENT CONSULTING2+ years Filed as: DESCHUTES INVESTMENT ADVISORS Service code 26 · EIN 87-0554544 1211 SW FIFTH AVENUE · PORTLAND, OR 97204	Advisory (Participants)	$35,170
GEFFEN MESHER1 year Filed as: GEFFEN MESHER & COMPANY, P.C. Service code 10 · EIN 93-1042710 888 SW FIFTH AVENUE, SUITE #800 · PORTLAND, OR 97204	Accounting	$13,200
PAYCHEX, INC.2+ years Filed as: PAYCHEX/SEBS Service code 15 · EIN 20-5923747 1175 JOHN STREET · WEST HENRIETTA, NY 14586	Recordkeeping	$10,342

Plan features & details

Pension benefit codes2E2F2G2J2K3D2R

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.
2R
Participant-directed brokerage accounts
Participant-directed brokerage accounts provided as an investment option under the plan.
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

$61K

$638 / participant

Investment mgmt$35K58.0%
Contract admin$10K17.1%
Other / not subdivided$15K24.9%

% of EOY assets

0.900%

all-in expense ratio

Categories reported

2 / 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: GEFFEN MESHER & COMPANY, P.C.
Auditor EIN: 931042710
Audit fees: (not subdivided)
Opinion code: Disclaimer

Metric

This plan

Peer set

Industry

Size

Avg account balance

$62,935

$60,349+4.3%

$74,184-15.2%

$62,881+0.1%

Participation rate

73.7%

72.7%+1.0pp

76.6%-2.9pp

69.3%+4.4pp

Annual return

9.74%

21.38%-11.6pp

17.74%-8.0pp

20.14%-10.4pp

Employer contribution / active EE

$1,286

$1,680-23.5%

$2,370-45.7%

$2,281-43.6%

Participant deferral / active EE

$2,208

$2,856-22.7%

$3,550-37.8%

$3,203-31.1%

Admin fee / account holder

$567

$4,261-86.7%

$5,586-89.9%

$4,296-86.8%

Provider

Service type

Compensation

DESCHUTES INVESTMENT CONSULTING2+ years

Filed as: DESCHUTES INVESTMENT ADVISORS

Service code 26 · EIN 87-0554544

1211 SW FIFTH AVENUE · PORTLAND, OR 97204

Advisory (Participants)

$35,170

GEFFEN MESHER1 year

Filed as: GEFFEN MESHER & COMPANY, P.C.

Service code 10 · EIN 93-1042710

888 SW FIFTH AVENUE, SUITE #800 · PORTLAND, OR 97204

Accounting

$13,200

PAYCHEX, INC.2+ years

Filed as: PAYCHEX/SEBS

Service code 15 · EIN 20-5923747

1175 JOHN STREET · WEST HENRIETTA, NY 14586

Recordkeeping

$10,342

WESTERN WIRE WORKS, INC. 401K PROFIT SHARING PLAN

Summary metrics

Benchmarksi

Analytics

Service providersi

Plan features & details

Opportunity flagsi

Expense breakdowni

Audit opinioni

WESTERN WIRE WORKS, INC. 401K 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