Retirement plan

JAMES W. FOWLER CO. 401(K) PROFIT SHARING PLAN

Name: JAMES W. FOWLER CO. - JAMES W. FOWLER CO. 401(K) PROFIT SHARING PLAN (2023) Form 5500
Creator: JAMES W. FOWLER CO.
License: https://www.dol.gov/general/disclaim
Keywords: Form 5500, ERISA, retirement plan, JAMES W. FOWLER CO. 401(K) PROFIT SHARING PLAN, JAMES W. FOWLER CO.

JAMES W. FOWLER CO.EIN 93-0677813Plan #003PY 2023

PO BOX 489 - DALLAS, OR 973380489503-623-5373

Prospect flagsHigh fees

How to read this page

Total assets (EOY)

$15.5M

+21.3% from 2022

Total participants

321

-0.3% from 2022

Average account balance

$52,019

+20.4% from 2022

Annual return

14.64%

+28.94 pp from 2022

Benchmarks

See 3,251 peers

Peer group

Industry23 - Construction

Plan typeDefined contribution

Participants100-249

Cohort3,251 peers

Snapshot2023

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

Analytics

Total assets (EOY)

Plan-year ending balance

$17.50M

Not enough data

1 years with asset history on file

Average account balance

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

$60K

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.

291

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.

85.2%

Not enough data

1 years with eligibility data

Contributions (total)

Employer and participant dollars contributed each year

$2.39M

Not enough data

1 years with contributions on file

Contributions per participant

Average employer and participant contribution per enrolled participant

$13K

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

+10.85%

Not enough data

1 years with return on file

Admin fee / account holder

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

$395

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
GREAT-WEST LIFE & ANNUITY INSURANCE2 years Filed as: EMPOWER ANNUITY INSURANCE COMPANY O Service code 64 · EIN 84-0467907 8515 EAST ORCHARD ROAD · GREENWOOD VILLAGE, CO 80111	Recordkeeping Fees	$66,648
AMERIPRISE FINANCIAL SERVICES INC9+ years Service code 55 70100 AMERIPRISE FINANCIAL CENTER · MINNEAPOLIS, MN 55474	Other Commissions	$32,261
JAMES A. REICHERT1 year Filed as: JAMES W FOLWER Service code 99 PO BOX 489 · DALLAS, OR 97338	Other Fees	$27,027
INDEPENDENT RETIREMENT CONSULTING9+ years Service code 13 · EIN 90-0451904 6500 SW MACADAM AVE · PORTLAND, OR 97239	Contract Administrator	$16,675
GREAT-WEST LIFE & ANNUITY INSURANCE2 years Filed as: EMPOWER ADVISORY GROUP, LLC Service code 28 8515 EAST ORCHARD ROAD · GREENWOOD VILLAGE, CO 80111	Investment Management	$6,002

Plan features & details

Pension benefit codes2E2F2G2J2T3D

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.
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

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

$97K

$562 / participant

Contract admin$97K100.0%

% of EOY assets

0.624%

all-in expense ratio

Categories reported

1 / 9

subdivided buckets used

Audit opinion

Schedule H Part III

Unqualified opinion

Auditor signed off without reservation - the cleanest possible opinion.

Auditor firm: CBIZ CPAS P.C.
Auditor EIN: 431947695
Audit fees: (not subdivided)
Opinion code: Unqualified

Metric

This plan

Peer set

Industry

Size

Avg account balance

$52,019

$76,696-32.2%

$96,538-46.1%

$71,529-27.3%

Participation rate

86.6%

66.6%+20.1pp

74.3%+12.3pp

67.9%+18.7pp

Annual return

14.64%

48.32%-33.7pp

35.74%-21.1pp

28.97%-14.3pp

Employer contribution / active EE

$7,766

$3,032+156.2%

$3,740+107.6%

$2,590+199.9%

Participant deferral / active EE

$6,295

$3,770+67.0%

$4,880+29.0%

$4,291+46.7%

Admin fee / account holder

$324

$2,030-84.0%

$6,737-95.2%

$1,588-79.6%

Provider

Service type

Compensation

GREAT-WEST LIFE & ANNUITY INSURANCE2 years

Filed as: EMPOWER ANNUITY INSURANCE COMPANY O

Service code 64 · EIN 84-0467907

8515 EAST ORCHARD ROAD · GREENWOOD VILLAGE, CO 80111

Recordkeeping Fees

$66,648

AMERIPRISE FINANCIAL SERVICES INC9+ years

Service code 55

70100 AMERIPRISE FINANCIAL CENTER · MINNEAPOLIS, MN 55474

Other Commissions

$32,261

JAMES A. REICHERT1 year

Filed as: JAMES W FOLWER

Service code 99

PO BOX 489 · DALLAS, OR 97338

Other Fees

$27,027

INDEPENDENT RETIREMENT CONSULTING9+ years

Service code 13 · EIN 90-0451904

6500 SW MACADAM AVE · PORTLAND, OR 97239

Contract Administrator

$16,675

GREAT-WEST LIFE & ANNUITY INSURANCE2 years

Filed as: EMPOWER ADVISORY GROUP, LLC

Service code 28

8515 EAST ORCHARD ROAD · GREENWOOD VILLAGE, CO 80111

Investment Management

$6,002

JAMES W. FOWLER CO. 401(K) PROFIT SHARING PLAN

Summary metrics

Benchmarksi

Analytics

Service providersi

Plan features & details

Opportunity flagsi

Expense breakdowni

Audit opinioni

JAMES W. FOWLER CO. 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