Retirement plan

TRAINING RESOURCES GROUP, INC. PROFIT SHARING PLAN AND TRUST

Name: TRAINING RESOURCES GROUP, INC. - TRAINING RESOURCES GROUP, INC. PROFIT SHARING PLAN AND TRUST (2022) Form 5500
Creator: TRAINING RESOURCES GROUP, INC.
License: https://www.dol.gov/general/disclaim
Keywords: Form 5500, ERISA, retirement plan, TRAINING RESOURCES GROUP, INC. PROFIT SHARING PLAN AND TRUST, TRAINING RESOURCES GROUP, INC.

TRAINING RESOURCES GROUP, INC.EIN 13-2748447Plan #002PY 2022

4301 WILSON BLVD., SUITE 400 - ARLINGTON, VA 222034196703-875-8909trg-inc.comLinkedIn51-200 employeesmanagement consulting

Prospect flagsHigh fees

How to read this page

Total assets (EOY)

$18M

-12.7% from 2021

Total participants

102

-1.9% from 2021

Average account balance

$183,941

-12.7% from 2021

Annual return

-18.82%

-31.19 pp from 2021

Benchmarks

See 28,007 peers

Peer group

Industry54 - Professional, Scientific, and Technical Services

Plan typeDefined contribution

Participants25-99

Cohort28,007 peers

Snapshot2022

See peer percentile detail. $4.99 for your first month.

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Analytics

Total assets (EOY)

Plan-year ending balance

$16.08M

Not enough data

1 years with asset history on file

Average account balance

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

$185K

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.

89.5%

Not enough data

1 years with eligibility data

Contributions (total)

Employer and participant dollars contributed each year

$414K

Not enough data

1 years with contributions on file

Contributions per participant

Average employer and participant contribution per enrolled participant

$22K

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

+13.17%

Not enough data

1 years with return on file

Admin fee / account holder

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

$104565

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

See the 10-year trajectory. $4.99 for your first month.

Solo adds 10-year history, peer benchmarks, provider and welfare analytics, saves, and exports. Then $34.99 a month.

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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 codes2F2G2T2E2J3D

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

$373K

$5331 / participant

Other / not subdivided$373K100.0%

% of EOY assets

2.070%

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: -

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Metric

This plan

Peer set

Industry

Size

Avg account balance

$183,941

$82,664+122.5%

$125,339+46.8%

$68,494+168.5%

Participation rate

94.3%

75.0%+19.2pp

82.4%+11.9pp

67.9%+26.4pp

Annual return

-18.82%

-5.97%-12.8pp

572.05%-590.9pp

-7.84%-11.0pp

Employer contribution / active EE

$12,103

$3,381+258.0%

$4,814+151.4%

$2,596+366.1%

Participant deferral / active EE

$10,562

$6,110+72.8%

$7,446+41.8%

$4,027+162.3%

Admin fee / account holder

$3,808

$6,275-39.3%

$10,010-62.0%

$5,403-29.5%

TRAINING RESOURCES GROUP, INC. PROFIT SHARING PLAN AND TRUST

Summary metrics

Benchmarksi

Analytics

Service providersi

Plan features & details

Opportunity flagsi

Expense breakdowni

Audit opinioni

TRAINING RESOURCES GROUP, INC. PROFIT SHARING PLAN AND 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