Retirement plan

WESTERN WIRE WORKS, INC. 401(K) PROFIT SHARING PLAN

Name: THE WESTERN GROUP - WESTERN WIRE WORKS, INC. 401(K) PROFIT SHARING PLAN (2017) Form 5500
Creator: THE WESTERN GROUP
License: https://www.dol.gov/general/disclaim
Keywords: Form 5500, ERISA, retirement plan, WESTERN WIRE WORKS, INC. 401(K) PROFIT SHARING PLAN, THE WESTERN GROUP

THE WESTERN GROUPEIN 93-0467390Plan #002PY 2017

3950 NW ST HELENS RD - PORTLAND, OR 97210503-445-0329westernfireworks.comLinkedIn11-50 employeeshigher education

Prospect flagsLow returnsHigh fees

How to read this page

Total assets (EOY)

$6.8M

+1.1% from 2016

Total participants

122

-7.6% from 2016

Average account balance

$69,477

+10.4% from 2016

Annual return

11.25%

+1.51 pp from 2016

Benchmarks

See 14,968 peers

Peer group

Industry33 - Manufacturing

Plan typeDefined contribution

Participants25-99

Cohort14,968 peers

Snapshot2017

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 4 by compensation

Provider	Service type	Compensation
DESCHUTES INVESTMENT CONSULTING1 year Service code 27 · EIN 27-3525757	Advisory (Plan)	$26,278
GEFFEN MESHER1 year Filed as: GEFFEN MESHER & COMPANY PC Service code 10 · EIN 93-1042710	Accounting	$15,750
STANCORP FINANCIAL GROUP1 year Service code 12 · EIN 93-1253576	Claims processing; Custodial (other t...	$11,017
PAYCHEX, INC.1 year Filed as: PAYCHEX SEBS Service code 15 · EIN 20-5923374	Recordkeeping	$7,432

Plan features & details

Pension benefit codes2E2F2G2J2K2R3D

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

2 tripped

OpportunityHigh fees
Administrative expenses exceed $300 per participant per year - possible fee-review opportunity. (Recordkeeping / audit / legal; excludes investment management.)
OpportunityLow returns
Annual investment return is in the bottom quintile of the peer cohort.

Expense breakdown

Schedule H Part II

Admin total

$60K

$643 / participant

Investment mgmt$26K43.5%
Contract admin$18K30.5%
Other / not subdivided$16K26.0%

% of EOY assets

0.888%

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 PC
Auditor EIN: 931042710
Audit fees: (not subdivided)
Opinion code: Disclaimer

Metric

This plan

Peer set

Industry

Size

Avg account balance

$69,477

$67,602+2.8%

$82,312-15.6%

$70,126-0.9%

Participation rate

74.5%

72.8%+1.7pp

76.9%-2.4pp

69.5%+4.9pp

Annual return

11.25%

21.57%-10.3pp

25.88%-14.6pp

73.15%-61.9pp

Employer contribution / active EE

$1,317

$1,755-25.0%

$2,428-45.8%

$2,343-43.8%

Participant deferral / active EE

$2,283

$2,987-23.6%

$3,706-38.4%

$3,332-31.5%

Admin fee / account holder

$617

$4,512-86.3%

$5,608-89.0%

$4,645-86.7%

Provider

Service type

Compensation

DESCHUTES INVESTMENT CONSULTING1 year

Service code 27 · EIN 27-3525757

Advisory (Plan)

$26,278

GEFFEN MESHER1 year

Filed as: GEFFEN MESHER & COMPANY PC

Service code 10 · EIN 93-1042710

Accounting

$15,750

STANCORP FINANCIAL GROUP1 year

Service code 12 · EIN 93-1253576

Claims processing; Custodial (other t...

$11,017

PAYCHEX, INC.1 year

Filed as: PAYCHEX SEBS

Service code 15 · EIN 20-5923374

Recordkeeping

$7,432

WESTERN WIRE WORKS, INC. 401(K) PROFIT SHARING PLAN

Summary metrics

Benchmarksi

Analytics

Service providersi

Plan features & details

Opportunity flagsi

Expense breakdowni

Audit opinioni

WESTERN WIRE WORKS, INC. 401(K) 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