Retirement plan

TRC FINANCIAL INSURANCE SERVICES RETIREMENT SAVINGS PLAN

Name: TRC FINANCIAL INSURANCE SERVICES - TRC FINANCIAL INSURANCE SERVICES RETIREMENT SAVINGS PLAN (2018) Form 5500
Creator: TRC FINANCIAL INSURANCE SERVICES
License: https://www.dol.gov/general/disclaim
Keywords: Form 5500, ERISA, retirement plan, TRC FINANCIAL INSURANCE SERVICES RETIREMENT SAVINGS PLAN, TRC FINANCIAL INSURANCE SERVICES

TRC FINANCIAL INSURANCE SERVICESEIN 14-1892029Plan #001PY 2018

1 POST, STE. 150 - IRVINE, CA 92618949-509-2940

Prospect flagsHigh fees

How to read this page

Total assets (EOY)

$900K

+3.2% from 2017

Total participants

+33.3% from 2017

Average account balance

$112,508

-22.6% from 2017

Annual return

2.59%

-15.04 pp from 2017

Benchmarks

See 31,466 peers

Peer group

Industry52 - Finance and Insurance

Plan typeDefined contribution

Participants<25

Cohort31,466 peers

Snapshot2018

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

Analytics

Total assets (EOY)

Plan-year ending balance

$1.78M

Not enough data

1 years with asset history on file

Average account balance

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

$223K

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

$58K

Not enough data

1 years with contributions on file

Contributions per participant

Average employer and participant contribution per enrolled participant

$14K

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

+16.33%

Not enough data

1 years with return on file

Admin fee / account holder

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

$2588

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 codes2E2J2R3D

Plan features

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.
2R
Participant-directed brokerage accounts
Participant-directed brokerage accounts provided as an investment option under the plan.
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

$26K

$4271 / participant

Other / not subdivided$26K100.0%

% of EOY assets

2.847%

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

$112,508

$160,059-29.7%

$140,019-19.6%

$135,382-16.9%

Participation rate

100.0%

88.5%+11.5pp

87.5%+12.5pp

82.6%+17.4pp

Annual return

2.59%

911.44%-908.9pp

651.15%-648.6pp

519.77%-517.2pp

Employer contribution / active EE

$1,421

$6,420-77.9%

$5,605-74.6%

$4,779-70.3%

Participant deferral / active EE

$3,738

$7,641-51.1%

$6,927-46.0%

$5,609-33.4%

Admin fee / account holder

$3,203

$13,328-76.0%

$10,705-70.1%

$10,829-70.4%

TRC FINANCIAL INSURANCE SERVICES RETIREMENT SAVINGS PLAN

Summary metrics

Benchmarksi

Analytics

Service providersi

Plan features & details

Opportunity flagsi

Expense breakdowni

Audit opinioni

TRC FINANCIAL INSURANCE SERVICES RETIREMENT SAVINGS 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