Retirement plan

GENERAL TEAMSTERS LOCAL 493, HSIP 401(K) PROFIT SHARING PLAN & TRUST

Name: GENERAL TEAMSTERS LOCAL 493, HEALTH SERVICES AND INSURANCE - GENERAL TEAMSTERS LOCAL 493, HSIP 401(K) PROFIT SHARING PLAN & TRUST (2025) Form 5500
Creator: GENERAL TEAMSTERS LOCAL 493, HEALTH SERVICES AND INSURANCE
License: https://www.dol.gov/general/disclaim
Keywords: Form 5500, ERISA, retirement plan, GENERAL TEAMSTERS LOCAL 493, HSIP 401(K) PROFIT SHARING PLAN & TRUST, GENERAL TEAMSTERS LOCAL 493, HEALTH SERVICES AND INSURANCE

GENERAL TEAMSTERS LOCAL 493, HEALTH SERVICES AND INSURANCEEIN 06-0689500Plan #001PY 2025

18 CRESCENT STREET, P.O. BOX 485 - UNCASVILLE, CT 063820485860-848-9201LinkedIn1-10 employeesinsurance

Prospect flagsHigh fees

How to read this page

Total assets (EOY)

$432K

+22.1% from 2024

Total participants

-16.7% from 2024

Average account balance

$86,313

+46.5% from 2024

Annual return

8.78%

-2.44 pp from 2024

Benchmarks

See 1,175 peers

Peer group

Industry49 - Transportation and Warehousing

Plan typeDefined contribution

Participants<25

Cohort1,175 peers

Snapshot2025

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

Analytics

Total assets (EOY)

Plan-year ending balance

$432K

Not enough data

1 years with asset history on file

Average account balance

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

$86K

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.

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.

125.0%

Not enough data

1 years with eligibility data

Contributions (total)

Employer and participant dollars contributed each year

$49K

Not enough data

1 years with contributions on file

Contributions per participant

Average employer and participant contribution per enrolled participant

$12K

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

+8.78%

Not enough data

1 years with return on file

Admin fee / account holder

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

$807

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 codes2E2F2G2J2R3D

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.
2R
Participant-directed brokerage accounts
Participant-directed brokerage accounts provided as an investment option under the plan.
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

OpportunityHigh fees
Administrative expenses exceed $300 per participant per year - possible fee-review opportunity. (Recordkeeping / audit / legal; excludes investment management.)

Expense breakdown

Schedule H Part II

Admin total

$4K

$1009 / participant

Other / not subdivided$4K100.0%

% of EOY assets

0.935%

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

$86,313

$122,962-29.8%

$71,585+20.6%

$138,895-37.9%

Participation rate

100.0%

68.9%+31.1pp

68.2%+31.8pp

79.9%+20.1pp

Annual return

8.78%

37.84%-29.1pp

59.26%-50.5pp

145.39%-136.6pp

Employer contribution / active EE

$2,604

$2,620-0.6%

$1,669+56.1%

$4,194-37.9%

Participant deferral / active EE

$9,540

$4,311+121.3%

$2,923+226.3%

$6,396+49.2%

Admin fee / account holder

$807

$6,488-87.6%

$4,712-82.9%

$12,562-93.6%

GENERAL TEAMSTERS LOCAL 493, HSIP 401(K) PROFIT SHARING PLAN & TRUST

Summary metrics

Benchmarksi

Analytics

Service providersi

Plan features & details

Opportunity flagsi

Expense breakdowni

Audit opinioni

GENERAL TEAMSTERS LOCAL 493, HSIP 401(K) 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