Retirement plan

CHINA INTEROCEAN TRANSPORT, INC. RETIREMENT PLAN

Name: CHINA INTEROCEAN TRANSPORT, INC. - CHINA INTEROCEAN TRANSPORT, INC. RETIREMENT PLAN (2024) Form 5500
Creator: CHINA INTEROCEAN TRANSPORT, INC.
License: https://www.dol.gov/general/disclaim
Keywords: Form 5500, ERISA, retirement plan, CHINA INTEROCEAN TRANSPORT, INC. RETIREMENT PLAN, CHINA INTEROCEAN TRANSPORT, INC.

CHINA INTEROCEAN TRANSPORT, INC.EIN 13-3051933Plan #001PY 2024

17800 CASTLETON ST., STE. #588 - CITY OF INDUSTRY, CA 91748310-338-0978

Prospect flagsLow fidelity bond

How to read this page

Total assets (EOY)

$1.2M

+83.7% from 2023

Total participants

+5.6% from 2023

Average account balance

$30,760

+49.8% from 2023

Annual return

20.01%

-10.70 pp from 2023

Benchmarks

See 4,600 peers

Peer group

Industry48 - Transportation and Warehousing

Plan typeDefined contribution

Participants25-99

Cohort4,600 peers

Snapshot2024

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

Analytics

Total assets (EOY)

Plan-year ending balance

$1.17M

Not enough data

1 years with asset history on file

Average account balance

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

$31K

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.

118.8%

Not enough data

1 years with eligibility data

Contributions (total)

Employer and participant dollars contributed each year

$405K

Not enough data

1 years with contributions on file

Contributions per participant

Average employer and participant contribution per enrolled participant

$13K

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

+20.01%

Not enough data

1 years with return on file

Admin fee / account holder

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

$110

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 codes2F2G2J3D

Plan features

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

ComplianceLow fidelity bond
Fidelity bond coverage is below the ERISA section 412 10%-of-assets minimum (capped at $500,000).

Expense breakdown

Schedule H Part II

Admin total

$4K

$131 / participant

Other / not subdivided$4K100.0%

% of EOY assets

0.358%

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

$30,760

$56,060-45.1%

$76,002-59.5%

$80,874-62.0%

Participation rate

100.0%

62.0%+38.0pp

69.1%+30.9pp

67.6%+32.4pp

Annual return

20.01%

20.54%-0.5pp

360.07%-340.1pp

35.62%-15.6pp

Employer contribution / active EE

$4,958

$1,873+164.7%

$2,688+84.4%

$2,756+79.9%

Participant deferral / active EE

$7,707

$3,051+152.6%

$4,257+81.1%

$4,297+79.4%

Admin fee / account holder

$110

$5,237-97.9%

$6,414-98.3%

$6,935-98.4%

CHINA INTEROCEAN TRANSPORT, INC. RETIREMENT PLAN

Summary metrics

Benchmarksi

Analytics

Service providersi

Plan features & details

Opportunity flagsi

Expense breakdowni

Audit opinioni

CHINA INTEROCEAN TRANSPORT, INC. RETIREMENT 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