Retirement plan

WALTERS WHOLESALE ELECTRIC CO. 401K RETIREMENT PLAN

Name: WALTERS WHOLESALE ELECTRIC CO. - WALTERS WHOLESALE ELECTRIC CO. 401K RETIREMENT PLAN (2017) Form 5500
Creator: WALTERS WHOLESALE ELECTRIC CO.
License: https://www.dol.gov/general/disclaim
Keywords: Form 5500, ERISA, retirement plan, WALTERS WHOLESALE ELECTRIC CO. 401K RETIREMENT PLAN, WALTERS WHOLESALE ELECTRIC CO.

WALTERS WHOLESALE ELECTRIC CO.EIN 95-2091661Plan #002PY 2017

2825 TEMPLE AVENUE - US SIGNAL HILL, CA 907552212562-988-3100walterswholesale.comLinkedIn501-1000 employeeswholesale

Other plans on this EIN

1 filing

#001Retirement-$16.6M assets

Prospect flagsLow returns

How to read this page

Total assets (EOY)

$34.6M

+9.4% from 2016

Total participants

518

+1.0% from 2016

Average account balance

$71,586

+5.7% from 2016

Annual return

11.69%

+13.89 pp from 2016

Benchmarks

See 1,232 peers

Peer group

Industry42 - Wholesale Trade

Plan typeDefined contribution

Participants250-999

Cohort1,232 peers

Snapshot2017

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

Analytics

Total assets (EOY)

Plan-year ending balance

Not enough data

1 years with asset history on file

Average account balance

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

Not enough data

0 years with per-participant data

Participants with account balance

Stacked by status: active / separated vested / retired or beneficiary. Total = line 6g.

Not enough data

0 years with headcount on file

Eligible Participants and Participation

Bars: eligible actives (line 6a). Line: derived rate = active employees with a balance / 6a.

Not enough data

0 years with eligibility data

Contributions (total)

Employer and participant dollars contributed each year

$2.95M

Not enough data

1 years with contributions on file

Contributions per participant

Average employer and participant contribution per enrolled participant

Not enough data

0 years with per-participant contribution data

Asset flow

BOY + contributions + return - distributions = EOY

Year

Annual return

Diverging bars; negative years highlighted

-97.21%

Not enough data

1 years with return on file

Admin fee / account holder

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

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
GREAT-WEST LIFE & ANNUITY INSURANCE2+ years Filed as: EMPOWER RETIREMENT SERVICES Service code 18 · EIN 20-3691708 P O BOX 173764 D030 · US DENVER, CO 80217	Participant communication; Redemption...	$67,652
BENEFIT EQUITY, INC.2+ years Service code 13 · EIN 33-0532641 1971 EAST 4TH STREET #100 · SANTA ANA, CA 92705	Contract Administrator	$19,025
M ADVISORY GROUP, INC.2+ years Service code 52 · EIN 95-2408629 21515 HAWTHORNE BLVD., SUITE 500 · TORRANCE, CA 90503	Indirect Investment Fees	$7,037

Plan features & details

Pension benefit codes2E2G2J2K2F

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.

Opportunity flags

1 tripped

OpportunityLow returns
Annual investment return is in the bottom quintile of the peer cohort.

Expense breakdown

Schedule H Part II

Admin total

$94K

$194 / participant

Investment mgmt$7K7.5%
Contract admin$19K20.3%
Other / not subdivided$68K72.2%

% of EOY assets

0.270%

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: KUSHNER SMITH JOANOU & GREGSON LLP
Auditor EIN: 953322166
Audit fees: (not subdivided)
Opinion code: Disclaimer

Metric

This plan

Peer set

Industry

Size

Avg account balance

$71,586

$71,666-0.1%

$117,861-39.3%

$69,631+2.8%

Participation rate

93.0%

77.5%+15.4pp

79.7%+13.3pp

70.7%+22.3pp

Annual return

11.69%

18.86%-7.2pp

335.11%-323.4pp

27571.02%-27559.3pp

Employer contribution / active EE

$726

$1,889-61.6%

$3,786-80.8%

$2,032-64.3%

Participant deferral / active EE

$4,988

$3,340+49.3%

$4,482+11.3%

$3,224+54.7%

Admin fee / account holder

$194

$120+60.8%

$8,021-97.6%

$110+75.2%

Provider

Service type

Compensation

GREAT-WEST LIFE & ANNUITY INSURANCE2+ years

Filed as: EMPOWER RETIREMENT SERVICES

Service code 18 · EIN 20-3691708

P O BOX 173764 D030 · US DENVER, CO 80217

Participant communication; Redemption...

$67,652

BENEFIT EQUITY, INC.2+ years

Service code 13 · EIN 33-0532641

1971 EAST 4TH STREET #100 · SANTA ANA, CA 92705

Contract Administrator

$19,025

M ADVISORY GROUP, INC.2+ years

Service code 52 · EIN 95-2408629

21515 HAWTHORNE BLVD., SUITE 500 · TORRANCE, CA 90503

Indirect Investment Fees

$7,037

WALTERS WHOLESALE ELECTRIC CO. 401K RETIREMENT PLAN

Summary metrics

Benchmarksi

Analytics

Service providersi

Plan features & details

Opportunity flagsi

Expense breakdowni

Audit opinioni

WALTERS WHOLESALE ELECTRIC CO. 401K RETIREMENT 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