Retirement plan

WALTERS WHOLESALE ELECTRIC CO. 401K RETIREMENT PLAN

Name: WALTERS WHOLESALE ELECTRIC CO. - WALTERS WHOLESALE ELECTRIC CO. 401K RETIREMENT PLAN (2018) 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 2018

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

Other plans on this EIN

1 filing

#001Retirement-$18.4M assets

Prospect flagsNo flags tripped

How to read this page

Total assets (EOY)

$38.3M

+10.4% from 2017

Total participants

510

-1.5% from 2017

Average account balance

$79,542

+11.1% from 2017

Annual return

10.66%

-1.03 pp from 2017

Benchmarks

See 1,274 peers

Peer group

Industry42 - Wholesale Trade

Plan typeDefined contribution

Participants250-999

Cohort1,274 peers

Snapshot2018

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 INSURANCE3+ years Filed as: EMPOWER RETIREMENT SERVICES Service code 18 · EIN 20-3691708 P O BOX 173764 D030 · US DENVER, CO 80217	Participant communication; Custodial ...	$89,713
BENEFIT EQUITY, INC.3+ years Service code 13 · EIN 33-0532641 1971 EAST 4TH STREET #100 · SANTA ANA, CA 92705	Contract Administrator	$15,500
M ADVISORY GROUP, INC.3+ years Service code 52 · EIN 95-2408629 21515 HAWTHORNE BLVD., SUITE 500 · TORRANCE, CA 90503	Indirect Investment Fees	$12,500

Plan features & details

Pension benefit codes2E2T2J2K2F3D3H

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).
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.
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.
3H
Controlled group member
Plan sponsor(s) is (are) a member(s) of a controlled group (Code sections 414(b) (c) or (m)).

Opportunity flags

0 tripped

No flags tripped for this filing year. This plan looks clean.

Expense breakdown

Schedule H Part II

Admin total

$115K

$236 / participant

Investment mgmt$13K10.9%
Contract admin$16K13.5%
Other / not subdivided$87K75.6%

% of EOY assets

0.300%

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: KSJG LLP
Auditor EIN: 953322166
Audit fees: (not subdivided)
Opinion code: Disclaimer

Metric

This plan

Peer set

Industry

Size

Avg account balance

$79,542

$62,267+27.7%

$110,243-27.8%

$55,725+42.7%

Participation rate

94.0%

78.1%+15.9pp

79.8%+14.2pp

70.9%+23.2pp

Annual return

10.66%

-1.07%+11.7pp

314.76%-304.1pp

244.93%-234.3pp

Employer contribution / active EE

$722

$1,941-62.8%

$3,827-81.1%

$2,078-65.3%

Participant deferral / active EE

$5,314

$3,516+51.1%

$4,672+13.7%

$3,356+58.4%

Admin fee / account holder

$238

$121+97.2%

$8,548-97.2%

$115+107.1%

Provider

Service type

Compensation

GREAT-WEST LIFE & ANNUITY INSURANCE3+ years

Filed as: EMPOWER RETIREMENT SERVICES

Service code 18 · EIN 20-3691708

P O BOX 173764 D030 · US DENVER, CO 80217

Participant communication; Custodial ...

$89,713

BENEFIT EQUITY, INC.3+ years

Service code 13 · EIN 33-0532641

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

Contract Administrator

$15,500

M ADVISORY GROUP, INC.3+ years

Service code 52 · EIN 95-2408629

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

Indirect Investment Fees

$12,500

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