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Wilrock, LLC

Form 5500 Data
OverviewPlan ComponentsInvestmentsProvidersArticles & Questions

Wilrock, LLC

50
Form 5500 Data
OverviewPlan ComponentsInvestmentsProvidersArticles & Questions

Overview

Plan Rating

BrightScope Rating
50
Lowest Rating in Peer Group
Average Rating in Peer Group
Highest Rating in Peer Group
0102030405060708090100
Lowest in Peer Group (35)
Average in Peer Group (58)
Highest in Peer Group (83)

Plan Description

Wilrock, LLc Profit Sharing Plan is a defined contribution plan with a profit-sharing component and 401k feature. This plan has a BrightScope Rating of 50. Wilrock, LLc Profit Sharing Plan currently has over 100 active participants and over $1.2M in plan assets.

Did you know?

For the average 401k participant, the 33 point difference between this plan's BrightScope Rating (50) and the top rated plan (83) could equate to:
14
Additional years of work
226,861
Lost Savings
*The delay in retirement calculations apply solely to this defined contribution plan and do not take into account other retirement plans and programs offered by this employer. How is this calculated?

Plan Details

Plan Details Relevant details about the plan and the plan sponsor, including the address and industry of the plan sponsor and the size of the plan in assets and participants.

 
Plan data accurate as of 12/31/2018
Plan data has been audited by an Independent Qualified Public Accountant (IQPA). Address 6360 Corporate Park Circle Unit 4
  • Location
    Fort Myers , FL
    • 33966
  • Industry
    All Other Personal Services
  • Administrator
    Scott Willis
  • Net Plan Assets
    $1,150,000
  • Total Participants
    100
  • Avg Account Balance
    $15,000

Plan Components

Component Ratings

Design

Total Plan Cost:
High Fees
Company Generosity:
Below Avg.

Performance

Participation Rate:
Average
Salary Deferrals:
Poor
Account Balance:
Poor

Design

Total Plan Cost:
Average Fees
Company Generosity:
Average

Performance

Participation Rate:
Average
Salary Deferrals:
Poor
Account Balance:
Below Avg.

Peer Group Plans

Company Rating
Educators For Excellence 70.7
Envogue International LLC 65.1
Yellow Jacket Drilling Services, LLC 56.4
Bouquet Collection 56.4
NaturaLawn of America 54.9
Bright Solutions LLC 52.1

Top Industry Articles

Compliance
Stimulus Bill Extends Some Provisions of the CARES Act

It also provides a way for retirement plan sponsors to avoid a partial plan termination.

December 28, 2020
exclusives
Warn Your Clients: Don’t Abuse Coronavirus Hardship Withdrawals
Though retirement plans can allow individuals to self-certify that they qualify for a penalty-free coronavirus-related distribution, should the IRS discover otherwise during a future audit, a participant can be subject to substantial penalties.
June 11, 2020
Compliance
House Ways and Means Committee Passes SECURE Act 2.0

The markup hearing, punctuated by a unanimous vote to advance the legislation, demonstrated that retirement security issues are capable of bringing together members of Congress who don’t agree on much else.

May 5, 2021
Compliance
College Savings App Hits Ascensus With Federal Antitrust Claims

UNest Holdings claims Ascensus pushed the company out of the college savings market in an effort to create a monopoly.

May 11, 2021
Compliance
Bronson Healthcare Group Sued Over 403(b) Plan Fees

The lawsuit alleges fiduciary breaches related to ensuring reasonable administrative and investment fees.

May 11, 2021

Investments

Investment Menu Stats

# of Investment Options

9

(Plan Average: 20)

Largest Funds in this Plan Allocation of Assets 1 YR Rank in Category
T. Rowe Price Retirement I 88%
1%
Federated Government Obligations 6%
20%
Participant Loans 3%
N/A
Fund hidden
100%
Fund hidden
100%
Fund hidden
100%
Fund hidden
100%
View all funds in this plan
for Asset Managers

Providers

Plan Service Providers

SERVICE PROVIDER
Recordkeeper
Ascensus, LLC
Corporate Trustee
BB&T
Recordkeeper
BB&T
Auditor
Foelgner Ronz & Straw Pa

Articles and Questions

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Ryan Alfred

Popular Questions

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