Retirement plan

ADVANTAGE TRUCK GROUP, LLC 401(K) PLAN

Name: TRI STATE TRUCK CENTER, LLC - ADVANTAGE TRUCK GROUP, LLC 401(K) PLAN (2019) Form 5500
Creator: TRI STATE TRUCK CENTER, LLC
License: https://www.dol.gov/general/disclaim
Keywords: Form 5500, ERISA, retirement plan, ADVANTAGE TRUCK GROUP, LLC 401(K) PLAN, TRI STATE TRUCK CENTER, LLC

TRI STATE TRUCK CENTER, LLCEIN 04-2840481Plan #001PY 2019

411 HARTFORD TURNPIKE - SHREWSBURY, MA 01545508-753-1200

Prospect flagsNo flags tripped

How to read this page

Total assets (EOY)

$13.1M

+53.2% from 2018

Total participants

255

+9.4% from 2018

Average account balance

$68,188

+33.3% from 2018

Annual return

43.02%

+49.13 pp from 2018

Benchmarks

See 1,095 peers

Peer group

Industry48 - Transportation and Warehousing

Plan typeDefined contribution

Participants100-249

Cohort1,095 peers

Snapshot2019

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

Analytics

Total assets (EOY)

Plan-year ending balance

$32.71M

Not enough data

1 years with asset history on file

Average account balance

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

$66K

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.

494

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.

94.6%

Not enough data

1 years with eligibility data

Contributions (total)

Employer and participant dollars contributed each year

$3.05M

Not enough data

1 years with contributions on file

Contributions per participant

Average employer and participant contribution per enrolled participant

$8K

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

+12.95%

Not enough data

1 years with return on file

Admin fee / account holder

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

$182

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 3 by compensation

Provider	Service type	Compensation
CARON & BLETZER, PLLC2 years Service code 49 51 CHURCH STREET PO BOX 668 · KINGSTON, NH 03848	Other Services	$8,900
THIRD PARTY ADMINISTRATORS, INC.5+ years Service code 13 2 EXECUTIVE PARK DRIVE, SUITE 100 · BEDFORD, NH 03110	Contract Administrator	$7,651
AMERICAN FUNDS1 year Filed as: CAPITAL GROUP RETIREMENT PLAN SERVI Service code 15 6455 IRVINE CENTER DRIVE · IRVINE, CA 92618	Recordkeeping	$2,131

Plan features & details

Pension benefit codes2E2F2G2J2K2T3D3H

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.
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

$20K

$91 / participant

Contract admin$20K100.0%

% of EOY assets

0.155%

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: CARON & BLETZER, PLLC
Auditor EIN: 043499945
Audit fees: (not subdivided)
Opinion code: Disclaimer

Metric

This plan

Peer set

Industry

Size

Avg account balance

$68,188

$47,922+42.3%

$75,900-10.2%

$65,186+4.6%

Participation rate

71.6%

63.0%+8.6pp

69.3%+2.3pp

70.2%+1.4pp

Annual return

43.02%

24.12%+18.9pp

30.73%+12.3pp

29.39%+13.6pp

Employer contribution / active EE

$2,187

$1,557+40.4%

$2,501-12.6%

$2,177+0.5%

Participant deferral / active EE

$3,358

$2,550+31.7%

$3,604-6.8%

$3,514-4.4%

Admin fee / account holder

$106

$532-80.1%

$5,421-98.0%

$847-87.5%

Provider

Service type

Compensation

CARON & BLETZER, PLLC2 years

Service code 49

51 CHURCH STREET PO BOX 668 · KINGSTON, NH 03848

Other Services

$8,900

THIRD PARTY ADMINISTRATORS, INC.5+ years

Service code 13

2 EXECUTIVE PARK DRIVE, SUITE 100 · BEDFORD, NH 03110

Contract Administrator

$7,651

AMERICAN FUNDS1 year

Filed as: CAPITAL GROUP RETIREMENT PLAN SERVI

Service code 15

6455 IRVINE CENTER DRIVE · IRVINE, CA 92618

Recordkeeping

$2,131

ADVANTAGE TRUCK GROUP, LLC 401(K) PLAN

Summary metrics

Benchmarksi

Analytics

Service providersi

Plan features & details

Opportunity flagsi

Expense breakdowni

Audit opinioni

ADVANTAGE TRUCK GROUP, LLC 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