Retirement plan

TMP MANUFACTURING COMPANY, INC. 401(K) PROFIT SHARING PLAN

Name: TMP MANUFACTURING COMPANY, INC. - TMP MANUFACTURING COMPANY, INC. 401(K) PROFIT SHARING PLAN (2019) Form 5500
Creator: TMP MANUFACTURING COMPANY, INC.
License: https://www.dol.gov/general/disclaim
Keywords: Form 5500, ERISA, retirement plan, TMP MANUFACTURING COMPANY, INC. 401(K) PROFIT SHARING PLAN, TMP MANUFACTURING COMPANY, INC.

TMP MANUFACTURING COMPANY, INC.EIN 25-1608017Plan #001PY 2019

1101 GRAHAM STREET, P.O. BOX 269 - HYDE, PA 16843814-765-9615

Other plans on this EIN

1 filing

#002Retirement-$41K assets

Prospect flagsHigh fees

How to read this page

Total assets (EOY)

$1.9M

+36.8% from 2018

Total participants

-7.7% from 2018

Average account balance

$106,715

+44.4% from 2018

Annual return

25.41%

+33.40 pp from 2018

Benchmarks

See 21,380 peers

Peer group

Industry33 - Manufacturing

Plan typeDefined contribution

Participants<25

Cohort21,380 peers

Snapshot2019

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

Analytics

Total assets (EOY)

Plan-year ending balance

$2.81M

Not enough data

1 years with asset history on file

Average account balance

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

$122K

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.

82.1%

Not enough data

1 years with eligibility data

Contributions (total)

Employer and participant dollars contributed each year

$188K

Not enough data

1 years with contributions on file

Contributions per participant

Average employer and participant contribution per enrolled participant

$7K

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

+14.02%

Not enough data

1 years with return on file

Admin fee / account holder

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

$22915

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 codes2E2F2J2T3D

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).
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

1 tripped

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

$26K

$1175 / participant

Other / not subdivided$26K100.0%

% of EOY assets

1.346%

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

$106,715

$103,392+3.2%

$87,104+22.5%

$152,897-30.2%

Participation rate

72.7%

79.4%-6.6pp

76.9%-4.1pp

82.5%-9.7pp

Annual return

25.41%

28.10%-2.7pp

28.19%-2.8pp

345.43%-320.0pp

Employer contribution / active EE

$2,328

$3,221-27.7%

$2,521-7.7%

$4,764-51.1%

Participant deferral / active EE

$6,140

$4,778+28.5%

$4,048+51.7%

$5,851+4.9%

Admin fee / account holder

$1,437

$12,194-88.2%

$7,491-80.8%

$11,599-87.6%

TMP MANUFACTURING COMPANY, INC. 401(K) PROFIT SHARING PLAN

Summary metrics

Benchmarksi

Analytics

Service providersi

Plan features & details

Opportunity flagsi

Expense breakdowni

Audit opinioni

TMP MANUFACTURING COMPANY, INC. 401(K) PROFIT SHARING 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