Retirement plan

TITLESMART, INC. 401(K) PLAN

Name: TITLESMART, INC. - TITLESMART, INC. 401(K) PLAN (2024) Form 5500
Creator: TITLESMART, INC.
License: https://www.dol.gov/general/disclaim
Keywords: Form 5500, ERISA, retirement plan, TITLESMART, INC. 401(K) PLAN, TITLESMART, INC.

TITLESMART, INC.EIN 20-8380758Plan #001PY 2024

4810 WHITE BEAR PARKWAY, SUITE 100 - WHITE BEAR LAKE, MN 55110651-779-3075title-smart.comLinkedIn51-200 employeesinsurance

Other plans on this EIN

1 filing

#002Retirement-$1.6M assets

Prospect flagsRecently cancelled planLow returnsWind-down / frozen

How to read this page

Total assets (EOY)

-100.0% from 2023

Total participants

-100.0% from 2023

Average account balance

-100.0% from 2023

Annual return

-96.06%

-112.16 pp from 2023

Benchmarks

See 20,156 peers

Peer group

Industry53 - Real Estate and Rental and Leasing

Plan typeDefined contribution

Participants<25

Cohort20,156 peers

Snapshot2024

See peer percentile detail. $4.99 for your first month.

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Analytics

Total assets (EOY)

Plan-year ending balance

Not enough data

1 years with asset history on file

Average account balance

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

Not enough data

0 years with per-participant data

Participants with account balance

Stacked by status: active / separated vested / retired or beneficiary. Total = line 6g.

Not enough data

0 years with headcount on file

Eligible Participants and Participation

Bars: eligible actives (line 6a). Line: derived rate = active employees with a balance / 6a.

Not enough data

0 years with eligibility data

Contributions (total)

Employer and participant dollars contributed each year

$121K

Not enough data

1 years with contributions on file

Contributions per participant

Average employer and participant contribution per enrolled participant

Not enough data

0 years with per-participant contribution data

Asset flow

BOY + contributions + return - distributions = EOY

Year

Annual return

Diverging bars; negative years highlighted

-96.06%

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

See the 7-year trajectory. $4.99 for your first month.

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Service providers

Top 2 by compensation

Provider	Service type	Compensation
TOTAL WEALTH ADVISORS, LLC3 years Service code 26 · EIN 45-5383775 809 MAINSTREET · HOPKINS, MN 55343	Advisory (Participants)	$11,696
NEWPORT GROUP, INC.3 years Filed as: NEWPORT TRUST COMPANY Service code 13 · EIN 27-4411131 45 SOUTH 7TH STREET, SUITE 2208 · MINNEAPOLIS, MN 55402	Contract Administrator	$6,527

Plan features & details

Pension benefit codes2A2E2F2G2J3D

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.
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

3 tripped

OpportunityLow returns
Annual investment return is in the bottom quintile of the peer cohort.
InformationalWind-down / frozen
Plan appears closed to new enrollment or frozen - balance-holders far exceed active participants, or the plan reports active distributions with no inflows. Exclude from peer benchmarks.
InformationalRecently cancelled plan
Plan reported a final filing / termination within the last year.

Expense breakdown

Schedule H Part II

Admin total

$18K

Trustee / custodial$1K5.5%
Investment mgmt$12K67.6%
Contract admin$5K26.9%

% of EOY assets

all-in expense ratio

Categories reported

3 / 9

subdivided buckets used

Audit opinion

Schedule H Part III

Unqualified opinion

The auditor signed off without reservation. This is the cleanest opinion.

Auditor firm: SMITH SCHAFER AND ASSOCIATES
Auditor EIN: 411489071
Audit fees: (not subdivided)
Opinion code: Unqualified

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Metric

This plan

Peer set

Industry

Size

Avg account balance

$210,698-100.0%

$178,014-100.0%

$145,959-100.0%

Participation rate

0.0%

80.8%-80.8pp

77.1%-77.1pp

80.3%-80.3pp

Annual return

-96.06%

386.27%-482.3pp

294.80%-390.9pp

561.95%-658.0pp

Employer contribution / active EE

$4,567-100.0%

$3,950-100.0%

$4,661-100.0%

Participant deferral / active EE

$6,958-100.0%

$6,276-100.0%

$6,689-100.0%

Admin fee / account holder

$12,016-100.0%

$10,362-100.0%

$13,398-100.0%

Provider

Service type

Compensation

TOTAL WEALTH ADVISORS, LLC3 years

Service code 26 · EIN 45-5383775

809 MAINSTREET · HOPKINS, MN 55343

Advisory (Participants)

$11,696

NEWPORT GROUP, INC.3 years

Filed as: NEWPORT TRUST COMPANY

Service code 13 · EIN 27-4411131

45 SOUTH 7TH STREET, SUITE 2208 · MINNEAPOLIS, MN 55402

Contract Administrator

$6,527

TITLESMART, INC. 401(K) PLAN

Summary metrics

Benchmarksi

Analytics

Service providersi

Plan features & details

Opportunity flagsi

Expense breakdowni

Audit opinioni

TITLESMART, INC. 401(K) 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