Retirement plan

NAPOLI'S CLOTHING AND SHOE 401K PLAN

Name: TJMC, INC. - NAPOLI'S CLOTHING AND SHOE 401K PLAN (2023) Form 5500
Creator: TJMC, INC.
License: https://www.dol.gov/general/disclaim
Keywords: Form 5500, ERISA, retirement plan, NAPOLI'S CLOTHING AND SHOE 401K PLAN, TJMC, INC.

TJMC, INC.EIN 16-1315019Plan #002PY 2023

6815 MAIN STREET - WILLIAMSVILLE Q, NY 14221716-568-1910

Prospect flagsHigh fees

How to read this page

Total assets (EOY)

$752K

+98.8% from 2022

Total participants

+11.8% from 2022

Average account balance

$39,602

+77.9% from 2022

Annual return

16.79%

+16.79 pp from 2022

Benchmarks

See 4,362 peers

Peer group

Industry31 - Manufacturing

Plan typeDefined contribution

Participants<25

Cohort4,362 peers

Snapshot2023

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

Analytics

Total assets (EOY)

Plan-year ending balance

$1.14M

Not enough data

1 years with asset history on file

Average account balance

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

$63K

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.

138.5%

Not enough data

1 years with eligibility data

Contributions (total)

Employer and participant dollars contributed each year

$311K

Not enough data

1 years with contributions on file

Contributions per participant

Average employer and participant contribution per enrolled participant

$24K

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

+11.87%

Not enough data

1 years with return on file

Admin fee / account holder

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

$610

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 codes2E2G2J2R3D

Plan features

2E
Profit-sharing
Profit-sharing plan.
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.
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

$23K

$1522 / participant

Other / not subdivided$23K100.0%

% of EOY assets

3.035%

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

$39,602

$95,664-58.6%

$76,902-48.5%

$139,487-71.6%

Participation rate

100.0%

74.0%+26.0pp

69.6%+30.4pp

80.3%+19.7pp

Annual return

16.79%

55.03%-38.2pp

37.91%-21.1pp

373.84%-357.1pp

Employer contribution / active EE

$13,515

$3,147+329.5%

$2,534+433.4%

$4,755+184.2%

Participant deferral / active EE

$8,681

$4,626+87.6%

$3,833+126.4%

$6,713+29.3%

Admin fee / account holder

$1,202

$8,311-85.5%

$5,479-78.1%

$11,407-89.5%

NAPOLI'S CLOTHING AND SHOE 401K PLAN

Summary metrics

Benchmarksi

Analytics

Service providersi

Plan features & details

Opportunity flagsi

Expense breakdowni

Audit opinioni

NAPOLI'S CLOTHING AND SHOE 401K 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