Retirement plan

TOUCH OF COLOR FLOORING, INC. 401(K) PLAN

Name: TOUCH OF COLOR FLOORING, INC. - TOUCH OF COLOR FLOORING, INC. 401(K) PLAN (2021) Form 5500
Creator: TOUCH OF COLOR FLOORING, INC.
License: https://www.dol.gov/general/disclaim
Keywords: Form 5500, ERISA, retirement plan, TOUCH OF COLOR FLOORING, INC. 401(K) PLAN, TOUCH OF COLOR FLOORING, INC.

TOUCH OF COLOR FLOORING, INC.EIN 25-1900474Plan #001PY 2021

6303 ALLENTOWN BLVD - HARRISBURG, PA 17112717-939-4390tocbusiness.comLinkedIn51-200 employeesconstruction

Prospect flagsLow fidelity bond

How to read this page

Total assets (EOY)

$4.8M

+20.9% from 2020

Total participants

182

+19.0% from 2020

Average account balance

$33,091

-0.7% from 2020

Annual return

15.56%

-21.29 pp from 2020

Benchmarks

See 2,980 peers

Peer group

Industry23 - Construction

Plan typeDefined contribution

Participants100-249

Cohort2,980 peers

Snapshot2021

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

Analytics

Total assets (EOY)

Plan-year ending balance

$6.67M

Not enough data

1 years with asset history on file

Average account balance

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

$45K

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.

148

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.

76.6%

Not enough data

1 years with eligibility data

Contributions (total)

Employer and participant dollars contributed each year

$965K

Not enough data

1 years with contributions on file

Contributions per participant

Average employer and participant contribution per enrolled participant

$6K

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

+13.25%

Not enough data

1 years with return on file

Admin fee / account holder

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

$226

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
TRIAD ADVISORS INC3 years Filed as: TRIAD HYBRID SOLUTIONS, LLC Service code 27 · EIN 46-5391363	Advisory (Plan)	$19,041
PRINCIPAL LIFE INSURANCE COMPANY5 years Service code 13 · EIN 42-0127290	Contract Administrator	$2,783

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

ComplianceLow fidelity bond
Fidelity bond coverage is below the ERISA section 412 10%-of-assets minimum (capped at $500,000).

Expense breakdown

Schedule H Part II

Admin total

$22K

$146 / participant

Investment mgmt$19K87.2%
Contract admin$3K12.8%

% of EOY assets

0.452%

all-in expense ratio

Categories reported

2 / 9

subdivided buckets used

Audit opinion

Schedule H Part III

Unqualified opinion

Auditor signed off without reservation - the cleanest possible opinion.

Auditor firm: STAMBAUGH NESS, INC.
Auditor EIN: 232846715
Audit fees: (not subdivided)
Opinion code: Unqualified

Metric

This plan

Peer set

Industry

Size

Avg account balance

$33,091

$77,677-57.4%

$109,173-69.7%

$79,391-58.3%

Participation rate

75.8%

67.8%+8.0pp

75.9%0pp

70.7%+5.1pp

Annual return

15.56%

23.44%-7.9pp

25.75%-10.2pp

116.88%-101.3pp

Employer contribution / active EE

$1,440

$2,798-48.5%

$3,723-61.3%

$2,428-40.7%

Participant deferral / active EE

$3,292

$3,517-6.4%

$4,654-29.3%

$4,046-18.6%

Admin fee / account holder

$150

$732-79.6%

$6,755-97.8%

$627-76.1%

Provider

Service type

Compensation

TRIAD ADVISORS INC3 years

Filed as: TRIAD HYBRID SOLUTIONS, LLC

Service code 27 · EIN 46-5391363

Advisory (Plan)

$19,041

PRINCIPAL LIFE INSURANCE COMPANY5 years

Service code 13 · EIN 42-0127290

Contract Administrator

$2,783

TOUCH OF COLOR FLOORING, INC. 401(K) PLAN

Summary metrics

Benchmarksi

Analytics

Service providersi

Plan features & details

Opportunity flagsi

Expense breakdowni

Audit opinioni

TOUCH OF COLOR FLOORING, 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