Retirement plan

TWO BROTHERS RACING, INC. 401(K) PROFIT SHARING PLAN

Name: TWO BROTHERS RACING, INC. - TWO BROTHERS RACING, INC. 401(K) PROFIT SHARING PLAN (2016) Form 5500
Creator: TWO BROTHERS RACING, INC.
License: https://www.dol.gov/general/disclaim
Keywords: Form 5500, ERISA, retirement plan, TWO BROTHERS RACING, INC. 401(K) PROFIT SHARING PLAN, TWO BROTHERS RACING, INC.

TWO BROTHERS RACING, INC.EIN 33-0105688Plan #001PY 2016

401 SOUTH GRAND AVENUE - SANTA ANA, CA 92705714-550-6070twobros.comLinkedIn11-50 employeesconsumer goods

Prospect flagsHigh feesLow participation

How to read this page

Total assets (EOY)

$1.8M

+29.1% from 2015

Total participants

+26.1% from 2015

Average account balance

$103,236

+6.3% from 2015

Annual return

21.50%

+16.58 pp from 2015

Benchmarks

See 21,241 peers

Peer group

Industry33 - Manufacturing

Plan typeDefined contribution

Participants<25

Cohort21,241 peers

Snapshot2016

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

Analytics

Total assets (EOY)

Plan-year ending balance

$284K

Not enough data

1 years with asset history on file

Average account balance

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

$32K

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.

45.0%

Not enough data

1 years with eligibility data

Contributions (total)

Employer and participant dollars contributed each year

$31K

Not enough data

1 years with contributions on file

Contributions per participant

Average employer and participant contribution per enrolled participant

$2K

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

+20.32%

Not enough data

1 years with return on file

Admin fee / account holder

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

$1152

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 codes2E2F2G2J3D

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.
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

2 tripped

OpportunityLow participation
Participation rate is below 70% (account-balance holders / active employees) - enrollment or auto-enroll opportunity.
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

$45K

$2163 / participant

Other / not subdivided$45K100.0%

% of EOY assets

2.589%

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

$103,236

$88,707+16.4%

$74,184+39.2%

$273,972-62.3%

Participation rate

42.9%

79.4%-36.6pp

76.6%-33.8pp

83.0%-40.2pp

Annual return

21.50%

11.94%+9.6pp

17.74%+3.8pp

41.46%-20.0pp

Employer contribution / active EE

$2,310

$3,159-26.9%

$2,370-2.5%

$4,869-52.5%

Participant deferral / active EE

$4,742

$4,212+12.6%

$3,550+33.6%

$5,287-10.3%

Admin fee / account holder

$2,673

$8,717-69.3%

$5,586-52.2%

$10,133-73.6%

TWO BROTHERS RACING, INC. 401(K) PROFIT SHARING PLAN

Summary metrics

Benchmarksi

Analytics

Service providersi

Plan features & details

Opportunity flagsi

Expense breakdowni

Audit opinioni

TWO BROTHERS RACING, 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