Retirement plan

THORNLEY-DEGRASSE RIGGING COMPANY, INC. 401K PLAN

Name: THORNLEY-DEGRASSE RIGGING COMPANY, INC - THORNLEY-DEGRASSE RIGGING COMPANY, INC. 401K PLAN (2019) 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 2019

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

Prospect flagsLow returnsLow fidelity bond

How to read this page

Total assets (EOY)

$1.1M

+5.7% from 2018

Total participants

+14.3% from 2018

Average account balance

$190,296

+5.7% from 2018

Annual return

2.19%

-5.39 pp from 2018

Benchmarks

See 40,731 peers

Peer group

Industry23 - Construction

Plan typeDefined contribution

Participants<25

Cohort40,731 peers

Snapshot2019

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

2 tripped

OpportunityLow returns
Annual investment return is in the bottom quintile of the peer cohort.
ComplianceLow fidelity bond
Fidelity bond coverage is below the ERISA section 412 10%-of-assets minimum (capped at $500,000).

Expense breakdown

Schedule H Part II

Admin total

$857

$122 / participant

Other / not subdivided$857100.0%

% of EOY assets

0.075%

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

$190,296

$107,363+77.2%

$92,909+104.8%

$152,897+24.5%

Participation rate

71.4%

79.8%-8.4pp

76.0%-4.6pp

82.5%-11.0pp

Annual return

2.19%

145.63%-143.4pp

109.44%-107.2pp

345.43%-343.2pp

Employer contribution / active EE

$1,589

$4,222-62.4%

$3,653-56.5%

$4,764-66.6%

Participant deferral / active EE

$3,876

$4,848-20.1%

$4,238-8.5%

$5,851-33.8%

Admin fee / account holder

$143

$7,082-98.0%

$5,795-97.5%

$11,599-98.8%

THORNLEY-DEGRASSE RIGGING COMPANY, INC. 401K PLAN

Summary metrics

Benchmarksi

Analytics

Service providersi

Plan features & details

Opportunity flagsi

Expense breakdowni

Audit opinioni

THORNLEY-DEGRASSE RIGGING COMPANY, INC. 401K 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