Retirement plan

THORNLEY-DEGRASSE RIGGING COMPANY, INC. 401K PLAN

Name: THORNLEY-DEGRASSE RIGGING COMPANY, INC - THORNLEY-DEGRASSE RIGGING COMPANY, INC. 401K PLAN (2020) 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 2020

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

Prospect flagsLow returns

How to read this page

Total assets (EOY)

$1.2M

+4.0% from 2019

Total participants

-25.0% from 2019

Average account balance

$197,831

+4.0% from 2019

Annual return

0.55%

-1.64 pp from 2019

Benchmarks

See 42,037 peers

Peer group

Industry23 - Construction

Plan typeDefined contribution

Participants<25

Cohort42,037 peers

Snapshot2020

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

1 tripped

OpportunityLow returns
Annual investment return is in the bottom quintile of the peer cohort.

Expense breakdown

Schedule H Part II

Admin total

$2K

$445 / participant

Other / not subdivided$2K100.0%

% of EOY assets

0.150%

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

$197,831

$115,810+70.8%

$101,271+95.3%

$158,966+24.4%

Participation rate

100.0%

79.4%+20.6pp

75.8%+24.2pp

82.0%+18.0pp

Annual return

0.55%

56.15%-55.6pp

46.48%-45.9pp

302.95%-302.4pp

Employer contribution / active EE

$2,972

$4,175-28.8%

$3,660-18.8%

$4,762-37.6%

Participant deferral / active EE

$6,769

$4,958+36.5%

$4,371+54.9%

$5,983+13.1%

Admin fee / account holder

$297

$7,248-95.9%

$5,948-95.0%

$11,250-97.4%

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