Retirement plan

TARBELL MANAGEMENT GROUP, LLC EMPLOYEE SAVINGS PLAN

Name: TARBELL MANAGEMENT GROUP, LLC - TARBELL MANAGEMENT GROUP, LLC EMPLOYEE SAVINGS PLAN (2022) Form 5500
Creator: TARBELL MANAGEMENT GROUP, LLC
License: https://www.dol.gov/general/disclaim
Keywords: Form 5500, ERISA, retirement plan, TARBELL MANAGEMENT GROUP, LLC EMPLOYEE SAVINGS PLAN, TARBELL MANAGEMENT GROUP, LLC

TARBELL MANAGEMENT GROUP, LLCEIN 27-3567818Plan #002PY 2022

26 EAGLE DRIVE, SUITE A, P.O. BOX 550 - HOGANSBURG, NY 13655518-358-4229thetmg.comLinkedIn201-500 employeesexecutive office

Prospect flagsHigh feesLow participationLow participant contribution

How to read this page

Total assets (EOY)

$3M

-10.0% from 2021

Total participants

218

+8.5% from 2021

Average account balance

$36,682

-6.7% from 2021

Annual return

-10.42%

-22.64 pp from 2021

Benchmarks

See 278 peers

Peer group

Industry55 - Management of Companies and Enterprises

Plan typeDefined contribution

Participants100-249

Cohort278 peers

Snapshot2022

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

Analytics

Total assets (EOY)

Plan-year ending balance

$4.68M

Not enough data

1 years with asset history on file

Average account balance

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

$48K

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.

35.9%

Not enough data

1 years with eligibility data

Contributions (total)

Employer and participant dollars contributed each year

$644K

Not enough data

1 years with contributions on file

Contributions per participant

Average employer and participant contribution per enrolled participant

$3K

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

+13.87%

Not enough data

1 years with return on file

Admin fee / account holder

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

$334

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

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Service providers

Top 3 by compensation

Provider	Service type	Compensation
KESTRA INVESTMENT SERVICES LLC2 years Filed as: KESTRA ADVISORY SERVICES, LLC Service code 27 · EIN 35-2552359	Advisory (Plan)	$11,533
VALIANT RETIRE INC.2 years Service code 15 · EIN 87-1649469	Recordkeeping	$5,559
TRANSAMERICA RETIREMENT SOLUTIONS6+ years Filed as: TRANSAMERICA FINANCIAL LIFE INSURAN Service code 15 · EIN 36-6071399	Recordkeeping	$1,737

Plan features & details

Pension benefit codes2A2E2J2F2T3D3H

Plan features

2A
Age/service weighted or new comparability plan
Age/service weighted plan where allocations are based on age service or age and service; or new comparability or similar plan where allocations are based on participant classifications consisting entirely or predominantly of highly compensated employees or the plan provides an additional allocation rate on compensation above a specified threshold that exceeds the permitted disparity limits of Code section 401(l).
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.
3H
Controlled group member
Plan sponsor(s) is (are) a member(s) of a controlled group (Code sections 414(b) (c) or (m)).

Opportunity flags

3 tripped

OpportunityLow participation
Participation rate is below 70% (account-balance holders / active employees) - enrollment or auto-enroll opportunity.
OpportunityLow participant contribution
Participant contribution per participant is in the bottom quintile of the peer cohort.
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

$31K

$163 / participant

Investment mgmt$12K37.5%
Contract admin$19K62.5%

% of EOY assets

1.023%

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: TRONCONI, SEGARRA & ASSOCIATES LLP
Auditor EIN: 043728817
Audit fees: (not subdivided)
Opinion code: Unqualified

Metric

This plan

Peer set

Industry

Size

Avg account balance

$36,682

$69,848-47.5%

$115,756-68.3%

$66,938-45.2%

Participation rate

28.0%

70.6%-42.6pp

77.1%-49.0pp

69.8%-41.8pp

Annual return

-10.42%

969.66%-980.1pp

143.14%-153.6pp

1.58%-12.0pp

Employer contribution / active EE

$740

$2,613-71.7%

$3,793-80.5%

$2,545-70.9%

Participant deferral / active EE

$1,689

$4,274-60.5%

$6,254-73.0%

$4,238-60.1%

Admin fee / account holder

$375

$337+11.3%

$8,124-95.4%

$594-36.8%

Provider

Service type

Compensation

KESTRA INVESTMENT SERVICES LLC2 years

Filed as: KESTRA ADVISORY SERVICES, LLC

Service code 27 · EIN 35-2552359

Advisory (Plan)

$11,533

VALIANT RETIRE INC.2 years

Service code 15 · EIN 87-1649469

Recordkeeping

$5,559

TRANSAMERICA RETIREMENT SOLUTIONS6+ years

Filed as: TRANSAMERICA FINANCIAL LIFE INSURAN

Service code 15 · EIN 36-6071399

Recordkeeping

$1,737

TARBELL MANAGEMENT GROUP, LLC EMPLOYEE SAVINGS PLAN

Summary metrics

Benchmarksi

Analytics

Service providersi

Plan features & details

Opportunity flagsi

Expense breakdowni

Audit opinioni

TARBELL MANAGEMENT GROUP, LLC EMPLOYEE SAVINGS 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