Retirement plan

TRAVEL EDGE (USA), INC 401(K) RETIREMENT PLAN

Name: TRAVEL EDGE (USA) INC. - TRAVEL EDGE (USA), INC 401(K) RETIREMENT PLAN (2019) Form 5500
Creator: TRAVEL EDGE (USA) INC.
License: https://www.dol.gov/general/disclaim
Keywords: Form 5500, ERISA, retirement plan, TRAVEL EDGE (USA), INC 401(K) RETIREMENT PLAN, TRAVEL EDGE (USA) INC.

TRAVEL EDGE (USA) INC.EIN 33-0239058Plan #002PY 2019

2677 NORTH MAIN ST. STE. 550 - SANTA ANA, CA 92705416-649-9093

Prospect flagsLow fidelity bondFailed to transmit contributions

How to read this page

Total assets (EOY)

$3M

+32.4% from 2018

Total participants

148

-0.7% from 2018

Average account balance

$23,077

+34.4% from 2018

Annual return

28.82%

-6.46 pp from 2018

Benchmarks

See 4,197 peers

Peer group

Industry56 - Administrative and Support and Waste Management and Remediation Services

Plan typeDefined contribution

Participants25-99

Cohort4,197 peers

Snapshot2019

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

Analytics

Total assets (EOY)

Plan-year ending balance

$5.01M

Not enough data

1 years with asset history on file

Average account balance

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

$40K

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.

124

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.

99.2%

Not enough data

1 years with eligibility data

Contributions (total)

Employer and participant dollars contributed each year

$822K

Not enough data

1 years with contributions on file

Contributions per participant

Average employer and participant contribution per enrolled participant

$7K

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

+50.53%

Not enough data

1 years with return on file

Admin fee / account holder

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

$5208

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

Top 4 by compensation

Provider	Service type	Compensation
GREAT-WEST LIFE & ANNUITY INSURANCE2+ years Service code 64 8515 EAST ORCHARD ROAD · GREENWOOD VILLAGE, CO 80111	Recordkeeping Fees	$22,436
LPL FINANCIAL2+ years Filed as: LPL FINANCIAL LLC Service code 55 4707 EXECUTIVE DR · SAN DIEGO, CA 92121	Other Commissions	$12,886
PENSION FINANCIAL SERVICES, INC.1 year Filed as: PENSION FINANCIAL SERVICES, INC Service code 13	Contract Administrator	$2,644
PENSION FINANCIAL SERVICES, INC.2+ years Filed as: PENSION FINANCIAL SERVICES INC. Service code 13 3700 CRESTWOOD PARKWAY · DULUTH, GA 30096	Contract Administrator	$676

Plan features & details

Pension benefit codes2E2G2J2K2R3D3H

Plan features

2E
Profit-sharing
Profit-sharing plan.
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.
2R
Participant-directed brokerage accounts
Participant-directed brokerage accounts provided as an investment option under the plan.
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

2 tripped

ComplianceLow fidelity bond
Fidelity bond coverage is below the ERISA section 412 10%-of-assets minimum (capped at $500,000).
ComplianceFailed to transmit contributions
Form 5500 reported a failure to timely transmit participant contributions (Schedule H line 4a).

Expense breakdown

Schedule H Part II

Admin total

$22K

$370 / participant

Contract admin$22K100.0%

% of EOY assets

0.735%

all-in expense ratio

Categories reported

1 / 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: MOSS ADAMS LLP
Auditor EIN: 910189318
Audit fees: (not subdivided)
Opinion code: Disclaimer

Metric

This plan

Peer set

Industry

Size

Avg account balance

$23,077

$48,053-52.0%

$84,637-72.7%

$72,976-68.4%

Participation rate

71.7%

57.6%+14.1pp

68.2%+3.4pp

69.5%+2.2pp

Annual return

28.82%

37.39%-8.6pp

258.82%-230.0pp

81.02%-52.2pp

Employer contribution / active EE

$874

$1,602-45.5%

$2,653-67.1%

$2,440-64.2%

Participant deferral / active EE

$4,995

$2,681+86.3%

$3,900+28.1%

$3,608+38.5%

Admin fee / account holder

$170

$3,395-95.0%

$4,914-96.5%

$5,124-96.7%

Provider

Service type

Compensation

GREAT-WEST LIFE & ANNUITY INSURANCE2+ years

Service code 64

8515 EAST ORCHARD ROAD · GREENWOOD VILLAGE, CO 80111

Recordkeeping Fees

$22,436

LPL FINANCIAL2+ years

Filed as: LPL FINANCIAL LLC

Service code 55

4707 EXECUTIVE DR · SAN DIEGO, CA 92121

Other Commissions

$12,886

PENSION FINANCIAL SERVICES, INC.1 year

Filed as: PENSION FINANCIAL SERVICES, INC

Service code 13

Contract Administrator

$2,644

PENSION FINANCIAL SERVICES, INC.2+ years

Filed as: PENSION FINANCIAL SERVICES INC.

Service code 13

3700 CRESTWOOD PARKWAY · DULUTH, GA 30096

Contract Administrator

$676

TRAVEL EDGE (USA), INC 401(K) RETIREMENT PLAN

Summary metrics

Benchmarksi

Analytics

Service providersi

Plan features & details

Opportunity flagsi

Expense breakdowni

Audit opinioni

TRAVEL EDGE (USA), INC 401(K) RETIREMENT 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