Retirement plan

THE SCHROER GROUP EMPLOYEES 401K PROFIT SHARING PLAN & TRUST

Name: TSG RESOURCES, INC. - THE SCHROER GROUP EMPLOYEES 401K PROFIT SHARING PLAN & TRUST (2017) Form 5500
Creator: TSG RESOURCES, INC.
License: https://www.dol.gov/general/disclaim
Keywords: Form 5500, ERISA, retirement plan, THE SCHROER GROUP EMPLOYEES 401K PROFIT SHARING PLAN & TRUST, TSG RESOURCES, INC.

TSG RESOURCES, INC.EIN 01-0916887Plan #001PY 2017

339 E. MAPLE STREET, SUITE 100 - NORTH CANTON, OH 44720330-498-5200

Prospect flagsLow participation

How to read this page

Total assets (EOY)

$41.1M

No prior year

Total participants

3,334

No prior year

Average account balance

$32,299

No prior year

Annual return

17.13%

No prior year

Benchmarks

See 1,308 peers

Peer group

Industry62 - Health Care and Social Assistance

Plan typeDefined contribution

Participants1,000-4,999

Cohort1,308 peers

Snapshot2017

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

Analytics

Total assets (EOY)

Plan-year ending balance

$61.06M

Not enough data

1 years with asset history on file

Average account balance

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

$44K

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.

1,388

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.

24.2%

Not enough data

1 years with eligibility data

Contributions (total)

Employer and participant dollars contributed each year

$3.41M

Not enough data

1 years with contributions on file

Contributions per participant

Average employer and participant contribution per enrolled participant

$1K

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

+15.02%

Not enough data

1 years with return on file

Admin fee / account holder

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

$374

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

1 years with F_SCH_H allocation on file

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

Service providers

Top 4 by compensation

Provider	Service type	Compensation
MGO INVESTMENT ADVISORS1+ years Filed as: MGO INVESTMENT ADVISORS INC. Service code 26 24400 CHAGRIN BLVD. · BEACHWOOD, OH 441225632	Advisory (Participants)	$75,424
NATIONWIDE1+ years Service code 15 ONE NATIONWIDE PLAZA · COLUMBUS, OH 43215	Recordkeeping	$75,112
MOSKAL GROSS ORCHOSKY1+ years Service code 15	Recordkeeping	$34,010
MOSKAL GROSS ORCHOSKY1+ years Filed as: MOSKAL GROSS ORCHOSKY INC Service code 15 24400 CHAGRIN BLVD. · BEACHWOOD, OH 441225632	Recordkeeping	$32,769

Plan features & details

Pension benefit codes2E2F2G2J2K2T

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.
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.

Opportunity flags

1 tripped

OpportunityLow participation
Participation rate is below 70% (account-balance holders / active employees) - enrollment or auto-enroll opportunity.

Expense breakdown

Schedule H Part II

Admin total

$154K

$51 / participant

Contract admin$154K100.0%

% of EOY assets

0.376%

all-in expense ratio

Categories reported

1 / 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: HW & CO.
Auditor EIN: 341663157
Audit fees: (not subdivided)
Opinion code: Disclaimer

Metric

This plan

Peer set

Industry

Size

Avg account balance

$32,299

$44,989-28.2%

$170,435-81.0%

$77,958-58.6%

Participation rate

32.2%

64.6%-32.4pp

83.6%-51.4pp

71.6%-39.5pp

Annual return

17.13%

19.61%-2.5pp

205.94%-188.8pp

20.87%-3.7pp

Employer contribution / active EE

$141

$1,466-90.4%

$5,432-97.4%

$2,310-93.9%

Participant deferral / active EE

$921

$2,208-58.3%

$4,939-81.4%

$3,537-74.0%

Admin fee / account holder

$121

$69+76.1%

$13,881-99.1%

$97+24.7%

Provider

Service type

Compensation

MGO INVESTMENT ADVISORS1+ years

Filed as: MGO INVESTMENT ADVISORS INC.

Service code 26

24400 CHAGRIN BLVD. · BEACHWOOD, OH 441225632

Advisory (Participants)

$75,424

NATIONWIDE1+ years

Service code 15

ONE NATIONWIDE PLAZA · COLUMBUS, OH 43215

Recordkeeping

$75,112

MOSKAL GROSS ORCHOSKY1+ years

Service code 15

Recordkeeping

$34,010

MOSKAL GROSS ORCHOSKY1+ years

Filed as: MOSKAL GROSS ORCHOSKY INC

Service code 15

24400 CHAGRIN BLVD. · BEACHWOOD, OH 441225632

Recordkeeping

$32,769

THE SCHROER GROUP EMPLOYEES 401K PROFIT SHARING PLAN & TRUST

Summary metrics

Benchmarksi

Analytics

Service providersi

Plan features & details

Opportunity flagsi

Expense breakdowni

Audit opinioni

THE SCHROER GROUP EMPLOYEES 401K PROFIT SHARING PLAN & TRUST

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