Retirement plan

TOWN & COUNTRY GAS PROFIT SHARING PLAN & TRUST

Name: TOWN & COUNTRY GAS, INC - TOWN & COUNTRY GAS PROFIT SHARING PLAN & TRUST (2015) Form 5500
Creator: TOWN & COUNTRY GAS, INC
License: https://www.dol.gov/general/disclaim
Keywords: Form 5500, ERISA, retirement plan, TOWN & COUNTRY GAS PROFIT SHARING PLAN & TRUST, TOWN & COUNTRY GAS, INC

TOWN & COUNTRY GAS, INCEIN 20-1559156Plan #001PY 2015

611 SOUTH MAIN STREET, P.O. BOX 556 - WREN, GA 30833706-547-2525LinkedIn11-50 employeesfood production

Prospect flagsLow returnsHigh feesLow assets / participant

How to read this page

Total assets (EOY)

$2M

No prior year

Total participants

125

No prior year

Average account balance

$16,272

No prior year

Annual return

-2.00%

No prior year

Benchmarks

See 379 peers

Peer group

Industry45 - Retail Trade

Plan typeDefined contribution

Participants100-249

Cohort379 peers

Snapshot2015

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

Analytics

Total assets (EOY)

Plan-year ending balance

$4.17M

Not enough data

1 years with asset history on file

Average account balance

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

$110K

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.

152.0%

Not enough data

1 years with eligibility data

Contributions (total)

Employer and participant dollars contributed each year

$180K

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

+10.69%

Not enough data

1 years with return on file

Admin fee / account holder

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

$5298

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

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Service providers

Top 2 by compensation

Provider	Service type	Compensation
SWERDLIN & COMPANY1+ years Service code 64 · EIN 58-1392124	Recordkeeping Fees	$22,460
BEACON FINANCIAL ADVISORS, LLC1+ years Filed as: BEACON FINANCIAL ADVISERS, INC. Service code 27 · EIN 58-2343908	Advisory (Plan)	$16,686

Plan features & details

Pension benefit codes2A2E2F2G3D3H2T

Plan features

2A
Age/service weighted or new comparability plan
Age/service weighted plan where allocations are based on age service or age and service; or new comparability or similar plan where allocations are based on participant classifications consisting entirely or predominantly of highly compensated employees or the plan provides an additional allocation rate on compensation above a specified threshold that exceeds the permitted disparity limits of Code section 401(l).
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).
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.
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.
3H
Controlled group member
Plan sponsor(s) is (are) a member(s) of a controlled group (Code sections 414(b) (c) or (m)).

Opportunity flags

3 tripped

OpportunityHigh fees
Administrative expenses exceed $300 per participant per year - possible fee-review opportunity. (Recordkeeping / audit / legal; excludes investment management.)
OpportunityLow returns
Annual investment return is in the bottom quintile of the peer cohort.
OpportunityLow assets / participant
Assets per participant are in the bottom quintile of the peer cohort - savings-rate / match opportunity.

Expense breakdown

Schedule H Part II

Admin total

$40K

$393 / participant

Investment mgmt$22K56.0%
Other / not subdivided$18K44.0%

% of EOY assets

2.038%

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: MCDANIEL WALKER P.C.
Auditor EIN: 582353020
Audit fees: (not subdivided)
Opinion code: Disclaimer

Metric

This plan

Peer set

Industry

Size

Avg account balance

$16,272

$38,595-57.8%

$80,004-79.7%

$52,331-68.9%

Participation rate

96.1%

64.5%+31.6pp

73.0%+23.1pp

68.1%+28.0pp

Annual return

-2.00%

2.04%-4.0pp

7.63%-9.6pp

4.54%-6.5pp

Employer contribution / active EE

$1,273

$1,133+12.4%

$2,473-48.5%

$1,882-32.3%

Participant deferral / active EE

$2,318-100.0%

$3,204-100.0%

$3,022-100.0%

Admin fee / account holder

$332

$304+9.0%

$5,033-93.4%

$592-43.9%

Provider

Service type

Compensation

SWERDLIN & COMPANY1+ years

Service code 64 · EIN 58-1392124

Recordkeeping Fees

$22,460

BEACON FINANCIAL ADVISORS, LLC1+ years

Filed as: BEACON FINANCIAL ADVISERS, INC.

Service code 27 · EIN 58-2343908

Advisory (Plan)

$16,686

TOWN & COUNTRY GAS PROFIT SHARING PLAN & TRUST

Summary metrics

Benchmarksi

Analytics

Service providersi

Plan features & details

Opportunity flagsi

Expense breakdowni

Audit opinioni

TOWN & COUNTRY GAS PROFIT SHARING PLAN & TRUST

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