Retirement plan

TOP'S HANDBAG, INC. RETIREMENT PLAN

Name: TOP'S HANDBAG, INC. - TOP'S HANDBAG, INC. RETIREMENT PLAN (2023) Form 5500
Creator: TOP'S HANDBAG, INC.
License: https://www.dol.gov/general/disclaim
Keywords: Form 5500, ERISA, retirement plan, TOP'S HANDBAG, INC. RETIREMENT PLAN, TOP'S HANDBAG, INC.

TOP'S HANDBAG, INC.EIN 20-1753830Plan #001PY 2023

2231 EAST 49TH ST. - VERNON, CA 90058323-312-3435

Prospect flagsLow fidelity bond

How to read this page

Total assets (EOY)

$225K

+139.0% from 2022

Total participants

0.0% from 2022

Average account balance

$22,487

+139.0% from 2022

Annual return

51.21%

+79.53 pp from 2022

Benchmarks

See 23,805 peers

Peer group

Industry42 - Wholesale Trade

Plan typeDefined contribution

Participants<25

Cohort23,805 peers

Snapshot2023

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

Analytics

Total assets (EOY)

Plan-year ending balance

$499K

Not enough data

1 years with asset history on file

Average account balance

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

$45K

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.

68.8%

Not enough data

1 years with eligibility data

Contributions (total)

Employer and participant dollars contributed each year

$91K

Not enough data

1 years with contributions on file

Contributions per participant

Average employer and participant contribution per enrolled participant

$6K

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

+18.58%

Not enough data

1 years with return on file

Admin fee / account holder

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

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 codes2E2G2J3D

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.
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

ComplianceLow fidelity bond
Fidelity bond coverage is below the ERISA section 412 10%-of-assets minimum (capped at $500,000).

Expense breakdown

Schedule H Part II

Admin total

$2K

$192 / participant

Other / not subdivided$2K100.0%

% of EOY assets

1.109%

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

$22,487

$154,209-85.4%

$130,062-82.7%

$139,487-83.9%

Participation rate

76.9%

82.0%-5.0pp

78.5%-1.6pp

80.3%-3.4pp

Annual return

51.21%

32.52%+18.7pp

-137.37%+188.6pp

373.84%-322.6pp

Employer contribution / active EE

$2,174

$5,292-58.9%

$4,322-49.7%

$4,755-54.3%

Participant deferral / active EE

$4,372

$6,709-34.8%

$5,821-24.9%

$6,713-34.9%

Admin fee / account holder

$249

$13,988-98.2%

$10,601-97.6%

$11,407-97.8%

TOP'S HANDBAG, INC. RETIREMENT PLAN

Summary metrics

Benchmarksi

Analytics

Service providersi

Plan features & details

Opportunity flagsi

Expense breakdowni

Audit opinioni

TOP'S HANDBAG, 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