Retirement plan

ASSOCIATED TRUCK PARTS 401K PROFIT SHARING TRUST

Name: ASSOCIATED TRUCK PARTS, INC. - ASSOCIATED TRUCK PARTS 401K PROFIT SHARING TRUST (2020) Form 5500
Creator: ASSOCIATED TRUCK PARTS, INC.
License: https://www.dol.gov/general/disclaim
Keywords: Form 5500, ERISA, retirement plan, ASSOCIATED TRUCK PARTS 401K PROFIT SHARING TRUST, ASSOCIATED TRUCK PARTS, INC.

ASSOCIATED TRUCK PARTS, INC.EIN 23-1677351Plan #001PY 2020

1075 E PHILADELPHIA AVE - GILBERTSVILLE, PA 195259518610-369-0700associatedtruckparts.comLinkedIn51-200 employeesretail

Prospect flagsHigh feesLow employer contribution

How to read this page

Total assets (EOY)

$2.2M

+8.0% from 2019

Total participants

-9.6% from 2019

Average account balance

$38,993

+23.4% from 2019

Annual return

15.05%

-5.38 pp from 2019

Benchmarks

See 9,208 peers

Peer group

Industry42 - Wholesale Trade

Plan typeDefined contribution

Participants25-99

Cohort9,208 peers

Snapshot2020

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

Analytics

Total assets (EOY)

Plan-year ending balance

$2.73M

Not enough data

1 years with asset history on file

Average account balance

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

$43K

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.

118.9%

Not enough data

1 years with eligibility data

Contributions (total)

Employer and participant dollars contributed each year

$119K

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

+13.40%

Not enough data

1 years with return on file

Admin fee / account holder

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

$4631

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 codes2E2F2G2J2T3D

Plan features

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.
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.

Opportunity flags

2 tripped

OpportunityLow employer contribution
Employer contribution per participant is in the bottom quintile of the peer cohort.
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

$251K

$5451 / participant

Other / not subdivided$251K100.0%

% of EOY assets

11.483%

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

$38,993

$91,559-57.4%

$133,959-70.9%

$79,858-51.2%

Participation rate

78.3%

73.3%+4.9pp

79.8%-1.6pp

69.6%+8.6pp

Annual return

15.05%

61.85%-46.8pp

45.09%-30.0pp

31.72%-16.7pp

Employer contribution / active EE

$2,384-100.0%

$3,919-100.0%

$2,471-100.0%

Participant deferral / active EE

$2,058

$3,734-44.9%

$5,047-59.2%

$3,740-45.0%

Admin fee / account holder

$4,478

$6,321-29.2%

$8,928-49.8%

$5,306-15.6%

ASSOCIATED TRUCK PARTS 401K PROFIT SHARING TRUST

Summary metrics

Benchmarksi

Analytics

Service providersi

Plan features & details

Opportunity flagsi

Expense breakdowni

Audit opinioni

ASSOCIATED TRUCK PARTS 401K PROFIT SHARING 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