Retirement plan

TRYKO PARTNERS, LLC 401(K) PLAN

Name: TRYKO PARTNERS, LLC - TRYKO PARTNERS, LLC 401(K) PLAN (2017) Form 5500
Creator: TRYKO PARTNERS, LLC
License: https://www.dol.gov/general/disclaim
Keywords: Form 5500, ERISA, retirement plan, TRYKO PARTNERS, LLC 401(K) PLAN, TRYKO PARTNERS, LLC

TRYKO PARTNERS, LLCEIN 27-0587208Plan #001PY 2017

PO BOX 1030 - BRICK, NJ 08723732-415-6012tryko.comLinkedIn51-200 employeesreal estate

Prospect flagsLow participationLow employer contributionCorrective distributions

How to read this page

Total assets (EOY)

$7.8M

+42.9% from 2016

Total participants

1,976

+5.6% from 2016

Average account balance

$15,617

+0.7% from 2016

Annual return

26.90%

+13.22 pp from 2016

Benchmarks

See 1,308 peers

Peer group

Industry62 - Health Care and Social Assistance

Plan typeDefined contribution

Participants1,000-4,999

Cohort1,308 peers

Snapshot2017

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

Analytics

Total assets (EOY)

Plan-year ending balance

$51.05M

Not enough data

1 years with asset history on file

Average account balance

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

$17K

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.

3,004

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.

19.6%

Not enough data

1 years with eligibility data

Contributions (total)

Employer and participant dollars contributed each year

$14.73M

Not enough data

1 years with contributions on file

Contributions per participant

Average employer and participant contribution per enrolled participant

$1K

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

+21.96%

Not enough data

1 years with return on file

Admin fee / account holder

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

$30

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 4 by compensation

Provider	Service type	Compensation
UNITED PLANNERS FINANCIAL SERVICES2 years Service code 55 · EIN 86-0588303	Other Commissions	$14,269
GORFINE SCHILLER & GARDYN PA2 years Filed as: GORFINE, SCHILLER & GARDYN, P.A. Service code 10 · EIN 52-1231901	Accounting	$6,925
PARKWOOD ASSOCIATES, INC.1 year Filed as: PARKWOOD ASSOCIATES, INC Service code 16 · EIN 71-0960754	Consulting	$5,000
FIDELITY INVESTMENTS INSTITUTIONAL3+ years Service code 37 · EIN 04-2647786	Loan Processing	$3,713

Plan features & details

Pension benefit codes2G2J2K2T3D2F

Plan features

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.
2K
Code section 401(m) arrangement
Employee contributions are allocated to separate accounts under the plan or employer contributions are based in whole or in part on employee deferrals or contributions to the plan. Not applicable to 401(k) plans with only QNECs and/or QMACs or to 403(b)(1) 403(b)(7) or 408 arrangements.
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

3 tripped

OpportunityLow participation
Participation rate is below 70% (account-balance holders / active employees) - enrollment or auto-enroll opportunity.
OpportunityLow employer contribution
Employer contribution per participant is in the bottom quintile of the peer cohort.
ComplianceCorrective distributions
Plan reported corrective distributions (failed ADP/ACP testing).

Expense breakdown

Schedule H Part II

Admin total

$20K

$10 / participant

Other / not subdivided$20K100.0%

% of EOY assets

0.255%

all-in expense ratio

Categories reported

0 / 9

subdivided buckets used

Audit opinion

Schedule H Part III

Disclaimer opinion

Auditor declined to express an opinion - usually a 103(a)(3)(C) limited-scope election.

Auditor firm: GORFINE, SCHILLER & GARDYN, P.A.
Auditor EIN: 521231901
Audit fees: (not subdivided)
Opinion code: Disclaimer

Metric

This plan

Peer set

Industry

Size

Avg account balance

$15,617

$44,989-65.3%

$170,435-90.8%

$77,958-80.0%

Participation rate

22.0%

64.6%-42.6pp

83.6%-61.6pp

71.6%-49.6pp

Annual return

26.90%

19.61%+7.3pp

205.94%-179.0pp

20.87%+6.0pp

Employer contribution / active EE

$139

$1,466-90.5%

$5,432-97.4%

$2,310-94.0%

Participant deferral / active EE

$625

$2,208-71.7%

$4,939-87.3%

$3,537-82.3%

Admin fee / account holder

$40

$69-42.2%

$13,881-99.7%

$97-59.1%

Provider

Service type

Compensation

UNITED PLANNERS FINANCIAL SERVICES2 years

Service code 55 · EIN 86-0588303

Other Commissions

$14,269

GORFINE SCHILLER & GARDYN PA2 years

Filed as: GORFINE, SCHILLER & GARDYN, P.A.

Service code 10 · EIN 52-1231901

Accounting

$6,925

PARKWOOD ASSOCIATES, INC.1 year

Filed as: PARKWOOD ASSOCIATES, INC

Service code 16 · EIN 71-0960754

Consulting

$5,000

FIDELITY INVESTMENTS INSTITUTIONAL3+ years

Service code 37 · EIN 04-2647786

Loan Processing

$3,713

TRYKO PARTNERS, LLC 401(K) PLAN

Summary metrics

Benchmarksi

Analytics

Service providersi

Plan features & details

Opportunity flagsi

Expense breakdowni

Audit opinioni

TRYKO PARTNERS, LLC 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