Retirement plan

THOMASTON PLACE AUCTION GALLERIES, INC. 401(K) PLAN

Name: THOMASTON PLACE AUCTION GALLERIES, INC. - THOMASTON PLACE AUCTION GALLERIES, INC. 401(K) PLAN (2022) Form 5500
Creator: THOMASTON PLACE AUCTION GALLERIES, INC.
License: https://www.dol.gov/general/disclaim
Keywords: Form 5500, ERISA, retirement plan, THOMASTON PLACE AUCTION GALLERIES, INC. 401(K) PLAN, THOMASTON PLACE AUCTION GALLERIES, INC.

THOMASTON PLACE AUCTION GALLERIES, INC.EIN 01-0489512Plan #001PY 2022

PO BOX 300, 51 ATLANTIC HWY - THOMASTON, ME 048613312207-354-8141thomastonauction.comLinkedIn11-50 employeesluxury goods & jewelry

Prospect flagsLow participationLow participant contribution

How to read this page

Total assets (EOY)

$171K

-7.7% from 2021

Total participants

0.0% from 2021

Average account balance

$34,200

+10.8% from 2021

Annual return

-16.47%

-20.61 pp from 2021

Benchmarks

See 9,016 peers

Peer group

Industry45 - Retail Trade

Plan typeDefined contribution

Participants<25

Cohort9,016 peers

Snapshot2022

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

Analytics

Total assets (EOY)

Plan-year ending balance

$144K

Not enough data

1 years with asset history on file

Average account balance

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

$24K

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.

33.3%

Not enough data

1 years with eligibility data

Contributions (total)

Employer and participant dollars contributed each year

$12K

Not enough data

1 years with contributions on file

Contributions per participant

Average employer and participant contribution per enrolled participant

$687

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

+11.45%

Not enough data

1 years with return on file

Admin fee / account holder

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

$19571

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 codes2J3D2F2G

Plan features

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.
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 participant contribution
Participant contribution per participant is in the bottom quintile of the peer cohort.

Expense breakdown

Schedule H Part II

Admin total

$954

$60 / participant

Other / not subdivided$954100.0%

% of EOY assets

0.558%

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

$34,200

$106,551-67.9%

$91,225-62.5%

$134,532-74.6%

Participation rate

31.3%

76.8%-45.6pp

73.2%-41.9pp

81.2%-50.0pp

Annual return

-16.47%

160.78%-177.2pp

114.12%-130.6pp

418.27%-434.7pp

Employer contribution / active EE

$488

$3,331-85.3%

$2,851-82.9%

$4,741-89.7%

Participant deferral / active EE

$531

$4,718-88.7%

$4,233-87.4%

$6,401-91.7%

Admin fee / account holder

$191

$6,234-96.9%

$5,422-96.5%

$11,429-98.3%

THOMASTON PLACE AUCTION GALLERIES, INC. 401(K) PLAN

Summary metrics

Benchmarksi

Analytics

Service providersi

Plan features & details

Opportunity flagsi

Expense breakdowni

Audit opinioni

THOMASTON PLACE AUCTION GALLERIES, INC. 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