Retirement plan

TOTAL RENTAL INC. 401(K) PROFIT SHARING PLAN AND TRUST

Name: TOTAL RENTAL INC. - TOTAL RENTAL INC. 401(K) PROFIT SHARING PLAN AND TRUST (2022) Form 5500
Creator: TOTAL RENTAL INC.
License: https://www.dol.gov/general/disclaim
Keywords: Form 5500, ERISA, retirement plan, TOTAL RENTAL INC. 401(K) PROFIT SHARING PLAN AND TRUST, TOTAL RENTAL INC.

TOTAL RENTAL INC.EIN 23-1980255Plan #001PY 2022

753 VALLEY FORGE RD - PHOENIXVILLE, PA 19460610-935-7368mytotalretail.comLinkedIn51-200 employeesretail

Prospect flagsFailed to transmit contributions

How to read this page

Total assets (EOY)

$4.9M

-13.2% from 2021

Total participants

179

-2.2% from 2021

Average account balance

$27,430

-10.7% from 2021

Annual return

-16.74%

-23.41 pp from 2021

Benchmarks

See 14,494 peers

Peer group

Industry33 - Manufacturing

Plan typeDefined contribution

Participants25-99

Cohort14,494 peers

Snapshot2022

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

Analytics

Total assets (EOY)

Plan-year ending balance

$6.66M

Not enough data

1 years with asset history on file

Average account balance

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

$30K

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.

219

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.

97.4%

Not enough data

1 years with eligibility data

Contributions (total)

Employer and participant dollars contributed each year

$520K

Not enough data

1 years with contributions on file

Contributions per participant

Average employer and participant contribution per enrolled participant

$4K

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

+9.96%

Not enough data

1 years with return on file

Admin fee / account holder

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

$201

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

1 years with F_SCH_H allocation on file

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

Service providers

Top 2 by compensation

Provider	Service type	Compensation
ADP BROKER-DEALER3 years Filed as: ADP, INC. Service code 15 · EIN 13-3036745	Recordkeeping	$15,842
ROYAL ALLIANCE ASSOCIATES INC4 years Filed as: ROYAL ALLIANCE ASSOCIATES, INC. Service code 15 · EIN 93-0987232	Recordkeeping	$15,435

Plan features & details

Pension benefit codes2E2F2G2J2S2T3D

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.
2S
Automatic enrollment
Plan provides for automatic enrollment in plan that has elective contributions deducted from payroll.
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

1 tripped

ComplianceFailed to transmit contributions
Form 5500 reported a failure to timely transmit participant contributions (Schedule H line 4a).

Expense breakdown

Schedule H Part II

Admin total

$31K

$412 / participant

Other / not subdivided$31K100.0%

% of EOY assets

0.641%

all-in expense ratio

Categories reported

0 / 9

subdivided buckets used

Audit opinion

Schedule H Part III

Unqualified opinion

Auditor signed off without reservation - the cleanest possible opinion.

Auditor firm: STEPHANO SLACK LLC
Auditor EIN: 161710665
Audit fees: (not subdivided)
Opinion code: Unqualified

Metric

This plan

Peer set

Industry

Size

Avg account balance

$27,430

$71,878-61.8%

$86,698-68.4%

$68,486-59.9%

Participation rate

98.7%

72.2%+26.4pp

76.6%+22.1pp

67.9%+30.8pp

Annual return

-16.74%

3.53%-20.3pp

35.95%-52.7pp

-7.85%-8.9pp

Employer contribution / active EE

$2,042

$2,173-6.0%

$2,837-28.0%

$2,597-21.4%

Participant deferral / active EE

$3,561

$3,779-5.8%

$4,656-23.5%

$4,028-11.6%

Admin fee / account holder

$176

$6,113-97.1%

$7,493-97.7%

$5,404-96.7%

Provider

Service type

Compensation

ADP BROKER-DEALER3 years

Filed as: ADP, INC.

Service code 15 · EIN 13-3036745

Recordkeeping

$15,842

ROYAL ALLIANCE ASSOCIATES INC4 years

Filed as: ROYAL ALLIANCE ASSOCIATES, INC.

Service code 15 · EIN 93-0987232

Recordkeeping

$15,435

TOTAL RENTAL INC. 401(K) PROFIT SHARING PLAN AND TRUST

Summary metrics

Benchmarksi

Analytics

Service providersi

Plan features & details

Opportunity flagsi

Expense breakdowni

Audit opinioni

TOTAL RENTAL INC. 401(K) PROFIT SHARING PLAN AND 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