Retirement plan

TRACEY ROAD EQUIPMENT, INC. EMPLOYEES 401K PROFIT SHARING PLAN

Name: TRACEY ROAD EQUIPMENT, INC. - TRACEY ROAD EQUIPMENT, INC. EMPLOYEES 401K PROFIT SHARING PLAN (2017) Form 5500
Creator: TRACEY ROAD EQUIPMENT, INC.
License: https://www.dol.gov/general/disclaim
Keywords: Form 5500, ERISA, retirement plan, TRACEY ROAD EQUIPMENT, INC. EMPLOYEES 401K PROFIT SHARING PLAN, TRACEY ROAD EQUIPMENT, INC.

TRACEY ROAD EQUIPMENT, INC.EIN 16-1058204Plan #001PY 2017

6803 MANLIUS CENTER ROAD - EAST SYRACUSE, NY 13057315-437-1471traceyroad.comLinkedIn201-500 employeesconstruction

Prospect flagsLow returnsLow participation

How to read this page

Total assets (EOY)

$9.2M

+13.2% from 2016

Total participants

255

-5.9% from 2016

Average account balance

$49,135

+10.7% from 2016

Annual return

12.74%

+5.62 pp from 2016

Benchmarks

See 2,371 peers

Peer group

Industry42 - Wholesale Trade

Plan typeDefined contribution

Participants100-249

Cohort2,371 peers

Snapshot2017

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

Analytics

Total assets (EOY)

Plan-year ending balance

$18.55M

Not enough data

1 years with asset history on file

Average account balance

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

$65K

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.

285

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.

89.4%

Not enough data

1 years with eligibility data

Contributions (total)

Employer and participant dollars contributed each year

$1.96M

Not enough data

1 years with contributions on file

Contributions per participant

Average employer and participant contribution per enrolled participant

$7K

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

+12.96%

Not enough data

1 years with return on file

Admin fee / account holder

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

$382

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

1 years with F_SCH_H allocation on file

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

Service providers

Top 3 by compensation

Provider	Service type	Compensation
MASSACHUSETTS MUTUAL LIFE INS. CO.3+ years Filed as: MASS MUTUAL LIFE INSURANCE COMPANY Service code 52 · EIN 04-1590850	Indirect Investment Fees	$32,797
YANULIS & ASSOCIATES2 years Filed as: YANULIS & ASSOCIATES, INC. Service code 50 · EIN 16-1418035	Direct Payment	$1,900
YANULIS & ASSOCIATES3+ years Filed as: YANULIS & ASSOCIATES, INC. DBA PKY Service code 13 · EIN 16-1418035	Contract Administrator	$0

Plan features & details

Pension benefit codes2E2F2J2K2T3D

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).
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.
2K
Code section 401(m) arrangement
Employee contributions are allocated to separate accounts under the plan or employer contributions are based in whole or in part on employee deferrals or contributions to the plan. Not applicable to 401(k) plans with only QNECs and/or QMACs or to 403(b)(1) 403(b)(7) or 408 arrangements.
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

2 tripped

OpportunityLow participation
Participation rate is below 70% (account-balance holders / active employees) - enrollment or auto-enroll opportunity.
OpportunityLow returns
Annual investment return is in the bottom quintile of the peer cohort.

Expense breakdown

Schedule H Part II

Admin total

$35K

$188 / participant

Investment mgmt$35K100.0%

% of EOY assets

0.378%

all-in expense ratio

Categories reported

1 / 9

subdivided buckets used

Audit opinion

Schedule H Part III

Disclaimer opinion

Auditor declined to express an opinion - usually a 103(a)(3)(C) limited-scope election.

Auditor firm: BONADIO & CO.
Auditor EIN: 161131146
Audit fees: (not subdivided)
Opinion code: Disclaimer

Metric

This plan

Peer set

Industry

Size

Avg account balance

$49,135

$71,192-31.0%

$117,860-58.3%

$62,293-21.1%

Participation rate

63.2%

74.2%-11.0pp

79.7%-16.4pp

69.5%-6.3pp

Annual return

12.74%

18.66%-5.9pp

335.10%-322.4pp

28.90%-16.2pp

Employer contribution / active EE

$600

$1,934-69.0%

$3,786-84.2%

$2,042-70.6%

Participant deferral / active EE

$2,506

$3,189-21.4%

$4,482-44.1%

$3,169-20.9%

Admin fee / account holder

$186

$587-68.4%

$8,021-97.7%

$479-61.3%

Provider

Service type

Compensation

MASSACHUSETTS MUTUAL LIFE INS. CO.3+ years

Filed as: MASS MUTUAL LIFE INSURANCE COMPANY

Service code 52 · EIN 04-1590850

Indirect Investment Fees

$32,797

YANULIS & ASSOCIATES2 years

Filed as: YANULIS & ASSOCIATES, INC.

Service code 50 · EIN 16-1418035

Direct Payment

$1,900

YANULIS & ASSOCIATES3+ years

Filed as: YANULIS & ASSOCIATES, INC. DBA PKY

Service code 13 · EIN 16-1418035

Contract Administrator

TRACEY ROAD EQUIPMENT, INC. EMPLOYEES 401K PROFIT SHARING PLAN

Summary metrics

Benchmarksi

Analytics

Service providersi

Plan features & details

Opportunity flagsi

Expense breakdowni

Audit opinioni

TRACEY ROAD EQUIPMENT, INC. EMPLOYEES 401K PROFIT SHARING 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