Retirement plan

TOMZ CORPORATION 401K PROFIT SHARING PLAN

Name: TOMZ CORPORATION - TOMZ CORPORATION 401K PROFIT SHARING PLAN (2018) Form 5500
Creator: TOMZ CORPORATION
License: https://www.dol.gov/general/disclaim
Keywords: Form 5500, ERISA, retirement plan, TOMZ CORPORATION 401K PROFIT SHARING PLAN, TOMZ CORPORATION

TOMZ CORPORATIONEIN 06-1253487Plan #001PY 2018

47 EPISCOPAL ROAD - BERLIN, CT 06037860-829-0670tomz.comLinkedIn201-500 employeesmedical devices

Prospect flagsHigh cash

How to read this page

Total assets (EOY)

$5.9M

+7.4% from 2017

Total participants

150

+8.7% from 2017

Average account balance

$49,702

+0.1% from 2017

Annual return

3.79%

-15.33 pp from 2017

Benchmarks

See 4,210 peers

Peer group

Industry33 - Manufacturing

Plan typeDefined contribution

Participants100-249

Cohort4,210 peers

Snapshot2018

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

Analytics

Total assets (EOY)

Plan-year ending balance

$9.57M

Not enough data

1 years with asset history on file

Average account balance

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

$47K

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.

202

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.

60.1%

Not enough data

1 years with eligibility data

Contributions (total)

Employer and participant dollars contributed each year

$1.31M

Not enough data

1 years with contributions on file

Contributions per participant

Average employer and participant contribution per enrolled participant

$6K

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

+28.82%

Not enough data

1 years with return on file

Admin fee / account holder

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

$224

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 1 by compensation

Provider	Service type	Compensation
WALSTON & IGNAGNI P.C.1 year Service code 10 1695 ELLINGTON ROAD,SUITE 202 · SOUTH WINDSOR, CT 06074	Accounting	$6,128

Plan features & details

Pension benefit codes2A2E2J2K3D

Plan features

2A
Age/service weighted or new comparability plan
Age/service weighted plan where allocations are based on age service or age and service; or new comparability or similar plan where allocations are based on participant classifications consisting entirely or predominantly of highly compensated employees or the plan provides an additional allocation rate on compensation above a specified threshold that exceeds the permitted disparity limits of Code section 401(l).
2E
Profit-sharing
Profit-sharing plan.
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.
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 cash
More than 10% of assets are held in cash - possible menu-design or default-fund problem.

Expense breakdown

Schedule H Part II

Admin total

$6K

$48 / participant

Contract admin$6K100.0%

% of EOY assets

0.111%

all-in expense ratio

Categories reported

1 / 9

subdivided buckets used

Audit opinion

Schedule H Part III

Unqualified opinion

Auditor signed off without reservation - the cleanest possible opinion.

Auditor firm: WALSTON & IGNAGNI, P.C.
Auditor EIN: 061224514
Audit fees: (not subdivided)
Opinion code: Unqualified

Metric

This plan

Peer set

Industry

Size

Avg account balance

$49,702

$59,186-16.0%

$76,768-35.3%

$56,287-11.7%

Participation rate

76.1%

75.2%+0.9pp

77.0%-0.8pp

69.9%+6.3pp

Annual return

3.79%

6.62%-2.8pp

2.43%+1.4pp

-9.96%+13.7pp

Employer contribution / active EE

$861

$1,759-51.0%

$2,485-65.3%

$2,111-59.2%

Participant deferral / active EE

$2,627

$3,255-19.3%

$3,852-31.8%

$3,350-21.6%

Admin fee / account holder

$55

$489-88.8%

$6,675-99.2%

$521-89.5%

Provider

Service type

Compensation

WALSTON & IGNAGNI P.C.1 year

Service code 10

1695 ELLINGTON ROAD,SUITE 202 · SOUTH WINDSOR, CT 06074

Accounting

$6,128

TOMZ CORPORATION 401K PROFIT SHARING PLAN

Summary metrics

Benchmarksi

Analytics

Service providersi

Plan features & details

Opportunity flagsi

Expense breakdowni

Audit opinioni

TOMZ CORPORATION 401K PROFIT SHARING 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