Retirement plan

THORNLEY-DEGRASSE RIGGING COMPANY, INC. 401K PLAN

Name: THORNLEY-DEGRASSE RIGGING COMPANY, INC - THORNLEY-DEGRASSE RIGGING COMPANY, INC. 401K PLAN (2018) Form 5500
Creator: THORNLEY-DEGRASSE RIGGING COMPANY, INC
License: https://www.dol.gov/general/disclaim
Keywords: Form 5500, ERISA, retirement plan, THORNLEY-DEGRASSE RIGGING COMPANY, INC. 401K PLAN, THORNLEY-DEGRASSE RIGGING COMPANY, INC

THORNLEY-DEGRASSE RIGGING COMPANY, INCEIN 05-0406851Plan #001PY 2018

171 DUNNELL AVENUE - PAWTUCKET, RI 02860401-725-9229

Prospect flagsNo flags tripped

How to read this page

Total assets (EOY)

$1.1M

+11.8% from 2017

Total participants

+16.7% from 2017

Average account balance

$179,976

-6.8% from 2017

Annual return

7.58%

-3.12 pp from 2017

Benchmarks

See 38,941 peers

Peer group

Industry23 - Construction

Plan typeDefined contribution

Participants<25

Cohort38,941 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

Not enough data

0 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

+0.51%

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

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 codes2E2F2G2J3D

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.
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

0 tripped

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

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

$179,976

$97,729+84.2%

$83,830+114.7%

$135,379+32.9%

Participation rate

83.3%

80.0%+3.4pp

76.1%+7.2pp

82.6%+0.7pp

Annual return

7.58%

1287.52%-1279.9pp

850.97%-843.4pp

519.79%-512.2pp

Employer contribution / active EE

$2,060

$4,222-51.2%

$3,631-43.3%

$4,779-56.9%

Participant deferral / active EE

$4,750

$4,683+1.4%

$4,082+16.4%

$5,609-15.3%

Admin fee / account holder

$6,674-100.0%

$5,479-100.0%

$10,828-100.0%

THORNLEY-DEGRASSE RIGGING COMPANY, INC. 401K PLAN

Summary metrics

Benchmarksi

Analytics

Service providersi

Plan features & details

Opportunity flagsi

Audit opinioni

THORNLEY-DEGRASSE RIGGING COMPANY, INC. 401K PLAN

Summary metrics

Benchmarksi

Analytics

Service providersi

Plan features & details

Opportunity flagsi

Audit opinioni

Benchmarks

Service providers

Opportunity flags

Audit opinion

Benchmarks

Service providers

Opportunity flags

Audit opinion