Retirement plan

TOTAL WALL SYSTEMS, INC.401(K) RETIREMENT PLAN FOR CARPENTER LOCAL UNION 210 SHOP EMPLOYEES

Name: TOTAL WALL SYSTEMS, INC. - TOTAL WALL SYSTEMS, INC.401(K) RETIREMENT PLAN FOR CARPENTER LOCAL UNION 210 SHOP EMPLOYEES (2017) Form 5500
Creator: TOTAL WALL SYSTEMS, INC.
License: https://www.dol.gov/general/disclaim
Keywords: Form 5500, ERISA, retirement plan, TOTAL WALL SYSTEMS, INC.401(K) RETIREMENT PLAN FOR CARPENTER LOCAL UNION 210 SHOP EMPLOYEES, TOTAL WALL SYSTEMS, INC.

TOTAL WALL SYSTEMS, INC.EIN 26-0848594Plan #003PY 2017

6 BRITTON DRIVE - BLOOMFIELD, CT 060023600203-488-6174tws-inc.comLinkedIn1-10 employeesconstruction

Other plans on this EIN

2 filings

#002Retirement-$2.1M assets #001Retirement-$772K assets

Prospect flagsLow assets / participant

How to read this page

Total assets (EOY)

$116K

No prior year

Total participants

No prior year

Average account balance

$8,914

No prior year

Annual return

0.00%

No prior year

Benchmarks

See 37,229 peers

Peer group

Industry23 - Construction

Plan typeDefined contribution

Participants<25

Cohort37,229 peers

Snapshot2017

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

Analytics

Total assets (EOY)

Plan-year ending balance

$865K

Not enough data

1 years with asset history on file

Average account balance

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

$144K

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.

50.0%

Not enough data

1 years with eligibility data

Contributions (total)

Employer and participant dollars contributed each year

$70K

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

+13.93%

Not enough data

1 years with return on file

Admin fee / account holder

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

$19088

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 codes2E2F2G2H2T3D

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.
2H
Partial participant-directed account plan
Participants have the opportunity to direct the investment of a portion of the assets allocated to their individual accounts regardless of whether 29 CFR 2550.404c-1 is intended to be met.
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

OpportunityLow assets / participant
Assets per participant are in the bottom quintile of the peer cohort - savings-rate / match opportunity.

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

$8,914

$106,008-91.6%

$92,240-90.3%

$147,586-94.0%

Participation rate

92.9%

80.4%+12.4pp

76.5%+16.4pp

82.8%+10.0pp

Annual return

0.00%

50.05%-50.1pp

176.29%-176.3pp

578.59%-578.6pp

Employer contribution / active EE

$1,866

$4,333-56.9%

$3,680-49.3%

$4,876-61.7%

Participant deferral / active EE

$6,122

$4,478+36.7%

$3,897+57.1%

$5,439+12.6%

Admin fee / account holder

$6,333-100.0%

$5,194-100.0%

$10,886-100.0%

TOTAL WALL SYSTEMS, INC.401(K) RETIREMENT PLAN FOR CARPENTER LOCAL UNION 210 SHOP EMPLOYEES

Summary metrics

Benchmarksi

Analytics

Service providersi

Plan features & details

Opportunity flagsi

Audit opinioni

TOTAL WALL SYSTEMS, INC.401(K) RETIREMENT PLAN FOR CARPENTER LOCAL UNION 210 SHOP EMPLOYEES

Summary metrics

Benchmarksi

Analytics

Service providersi

Plan features & details

Opportunity flagsi

Audit opinioni

Benchmarks

Service providers

Opportunity flags

Audit opinion

Benchmarks

Service providers

Opportunity flags

Audit opinion