Retirement plan

TOTAL FACILITIES SERVICES CO., INC. 401(K) PLAN

Name: TOTAL FACILITIES SERVICES CO., INC. - TOTAL FACILITIES SERVICES CO., INC. 401(K) PLAN (2023) Form 5500
Creator: TOTAL FACILITIES SERVICES CO., INC.
License: https://www.dol.gov/general/disclaim
Keywords: Form 5500, ERISA, retirement plan, TOTAL FACILITIES SERVICES CO., INC. 401(K) PLAN, TOTAL FACILITIES SERVICES CO., INC.

TOTAL FACILITIES SERVICES CO., INC.EIN 20-3489703Plan #001PY 2023

10 LEIN ROAD - WEST SENECA, NY 14224716-675-7400

Prospect flagsLow participation

How to read this page

Total assets (EOY)

$357K

+22.9% from 2022

Total participants

-7.1% from 2022

Average account balance

$32,476

+22.9% from 2022

Annual return

17.93%

+36.90 pp from 2022

Benchmarks

See 18,494 peers

Peer group

Industry56 - Administrative and Support and Waste Management and Remediation Services

Plan typeDefined contribution

Participants<25

Cohort18,494 peers

Snapshot2023

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

Analytics

Total assets (EOY)

Plan-year ending balance

$490K

Not enough data

1 years with asset history on file

Average account balance

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

$49K

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.

250.0%

Not enough data

1 years with eligibility data

Contributions (total)

Employer and participant dollars contributed each year

$8K

Not enough data

1 years with contributions on file

Contributions per participant

Average employer and participant contribution per enrolled participant

$2K

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

+16.22%

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

OpportunityLow participation
Participation rate is below 70% (account-balance holders / active employees) - enrollment or auto-enroll opportunity.

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

$32,476

$96,361-66.3%

$80,607-59.7%

$139,456-76.7%

Participation rate

60.0%

73.6%-13.6pp

67.0%-7.0pp

80.3%-20.3pp

Annual return

17.93%

1350.95%-1333.0pp

936.11%-918.2pp

373.45%-355.5pp

Employer contribution / active EE

$672

$3,262-79.4%

$2,724-75.3%

$4,753-85.9%

Participant deferral / active EE

$2,215

$5,232-57.7%

$4,448-50.2%

$6,711-67.0%

Admin fee / account holder

$6,601-100.0%

$5,379-100.0%

$11,407-100.0%

TOTAL FACILITIES SERVICES CO., INC. 401(K) PLAN

Summary metrics

Benchmarksi

Analytics

Service providersi

Plan features & details

Opportunity flagsi

Audit opinioni

TOTAL FACILITIES SERVICES CO., INC. 401(K) PLAN

Summary metrics

Benchmarksi

Analytics

Service providersi

Plan features & details

Opportunity flagsi

Audit opinioni

Benchmarks

Service providers

Opportunity flags

Audit opinion

Benchmarks

Service providers

Opportunity flags

Audit opinion