Retirement plan

TALAY TRAILER SALES & RENTAL I 401(K) PROFIT SHARING PLAN & TRUST

Name: TALAY TRAILER SALES & RENTAL I - TALAY TRAILER SALES & RENTAL I 401(K) PROFIT SHARING PLAN & TRUST (2022) Form 5500
Creator: TALAY TRAILER SALES & RENTAL I
License: https://www.dol.gov/general/disclaim
Keywords: Form 5500, ERISA, retirement plan, TALAY TRAILER SALES & RENTAL I 401(K) PROFIT SHARING PLAN & TRUST, TALAY TRAILER SALES & RENTAL I

TALAY TRAILER SALES & RENTAL IEIN 11-2397368Plan #001PY 2022

275 FELDMAN CT - BAY SHORE, NY 11706631-231-8800LinkedIn11-50 employeespackage/freight delivery

Other plans on this EIN

1 filing

#002Retirement-$612K assets

Prospect flagsHigh fees

How to read this page

Total assets (EOY)

$906K

-9.1% from 2021

Total participants

+22.2% from 2021

Average account balance

$50,339

-24.2% from 2021

Annual return

-15.29%

-26.68 pp from 2021

Benchmarks

See 8,685 peers

Peer group

Industry48 - Transportation and Warehousing

Plan typeDefined contribution

Participants<25

Cohort8,685 peers

Snapshot2022

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

Analytics

Total assets (EOY)

Plan-year ending balance

$1.39M

Not enough data

1 years with asset history on file

Average account balance

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

$46K

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.

100.0%

Not enough data

1 years with eligibility data

Contributions (total)

Employer and participant dollars contributed each year

$227K

Not enough data

1 years with contributions on file

Contributions per participant

Average employer and participant contribution per enrolled participant

$8K

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

+36.69%

Not enough data

1 years with return on file

Admin fee / account holder

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

$2517

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 codes2E2F2G2J2T3D

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.
2T
Default investment account
Total or partial participant-directed account plan where plan uses a default investment account for participants who fail to direct assets in their account.
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

$93K

$5450 / participant

Other / not subdivided$93K100.0%

% of EOY assets

10.226%

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

$50,339

$82,324-38.9%

$68,803-26.8%

$134,545-62.6%

Participation rate

76.5%

75.1%+1.4pp

69.0%+7.5pp

81.2%-4.8pp

Annual return

-15.29%

-2.17%-13.1pp

-6.37%-8.9pp

418.37%-433.7pp

Employer contribution / active EE

$2,744

$3,302-16.9%

$2,656+3.3%

$4,742-42.1%

Participant deferral / active EE

$6,339

$4,740+33.7%

$3,942+60.8%

$6,401-1.0%

Admin fee / account holder

$5,147

$6,485-20.6%

$4,936+4.3%

$11,431-55.0%

TALAY TRAILER SALES & RENTAL I 401(K) PROFIT SHARING PLAN & TRUST

Summary metrics

Benchmarksi

Analytics

Service providersi

Plan features & details

Opportunity flagsi

Expense breakdowni

Audit opinioni

TALAY TRAILER SALES & RENTAL I 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