Retirement plan

CHINA INTEROCEAN TRANSPORT, INC. RETIREMENT PLAN

Name: CHINA INTEROCEAN TRANSPORT, INC. - CHINA INTEROCEAN TRANSPORT, INC. RETIREMENT PLAN (2022) 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 2022

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

Prospect flagsNo flags tripped

How to read this page

Total assets (EOY)

$231K

No prior year

Total participants

No prior year

Average account balance

$8,543

No prior year

Annual return

0.00%

No prior year

Benchmarks

See 4,203 peers

Peer group

Industry48 - Transportation and Warehousing

Plan typeDefined contribution

Participants25-99

Cohort4,203 peers

Snapshot2022

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

0 tripped

No flags tripped for this filing year. This plan looks clean.

Expense breakdown

Schedule H Part II

Admin total

$0 / participant

Other / not subdivided$9100.0%

% of EOY assets

0.004%

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

$8,543

$48,267-82.3%

$68,794-87.6%

$68,495-87.5%

Participation rate

92.3%

60.7%+31.6pp

69.0%+23.3pp

67.9%+24.4pp

Annual return

0.00%

-12.70%+12.7pp

-6.37%+6.4pp

-7.84%+7.8pp

Employer contribution / active EE

$3,955

$1,829+116.2%

$2,656+48.9%

$2,596+52.3%

Participant deferral / active EE

$4,909

$2,867+71.2%

$3,941+24.5%

$4,028+21.9%

Admin fee / account holder

$4,362-100.0%

$4,934-100.0%

$5,403-100.0%

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