Retirement plan

WILLAMETTE TREE WHOLESALE 401(K) PLAN

Name: WILLAMETTE TREE WHOLESALE - WILLAMETTE TREE WHOLESALE 401(K) PLAN (2023) Form 5500
Creator: WILLAMETTE TREE WHOLESALE
License: https://www.dol.gov/general/disclaim
Keywords: Form 5500, ERISA, retirement plan, WILLAMETTE TREE WHOLESALE 401(K) PLAN, WILLAMETTE TREE WHOLESALE

WILLAMETTE TREE WHOLESALEEIN 93-1011202Plan #001PY 2023

3491 BROOKLAKE RD. NE - SALEM, OR 97313503-390-2512willamettetree.comLinkedIn11-50 employeesfarming

Prospect flagsLow returnsLow participation

How to read this page

Total assets (EOY)

$1M

+22.0% from 2022

Total participants

-4.5% from 2022

Average account balance

$115,307

+22.0% from 2022

Annual return

8.88%

+21.90 pp from 2022

Benchmarks

See 23,814 peers

Peer group

Industry42 - Wholesale Trade

Plan typeDefined contribution

Participants<25

Cohort23,814 peers

Snapshot2023

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

Analytics

Total assets (EOY)

Plan-year ending balance

$1.22M

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.

14.3%

Not enough data

1 years with eligibility data

Contributions (total)

Employer and participant dollars contributed each year

$115K

Not enough data

1 years with contributions on file

Contributions per participant

Average employer and participant contribution per enrolled participant

$2K

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

+6.26%

Not enough data

1 years with return on file

Admin fee / account holder

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

$364

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

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 codes2E2G2J3D

Plan features

2E
Profit-sharing
Profit-sharing plan.
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

2 tripped

OpportunityLow participation
Participation rate is below 70% (account-balance holders / active employees) - enrollment or auto-enroll opportunity.
OpportunityLow returns
Annual investment return is in the bottom quintile of the peer cohort.

Expense breakdown

Schedule H Part II

Admin total

$3K

$386 / participant

Other / not subdivided$3K100.0%

% of EOY assets

0.260%

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

$115,307

$154,193-25.2%

$130,045-11.3%

$139,466-17.3%

Participation rate

0.0%

82.0%-82.0pp

78.5%-78.5pp

80.3%-80.3pp

Annual return

8.88%

32.51%-23.6pp

-137.30%+146.2pp

373.66%-364.8pp

Employer contribution / active EE

$2,953

$5,292-44.2%

$4,321-31.7%

$4,754-37.9%

Participant deferral / active EE

$13,358

$6,709+99.1%

$5,820+129.5%

$6,712+99.0%

Admin fee / account holder

$300

$13,989-97.9%

$10,600-97.2%

$11,409-97.4%

WILLAMETTE TREE WHOLESALE 401(K) PLAN

Summary metrics

Benchmarksi

Analytics

Service providersi

Plan features & details

Opportunity flagsi

Expense breakdowni

Audit opinioni

WILLAMETTE TREE WHOLESALE 401(K) 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