Retirement plan

TAKASE ADD SYSTEM, INC. RETIREMENT PLAN

Name: TAKASE ADD SYSTEM, INC. - TAKASE ADD SYSTEM, INC. RETIREMENT PLAN (2022) Form 5500
Creator: TAKASE ADD SYSTEM, INC.
License: https://www.dol.gov/general/disclaim
Keywords: Form 5500, ERISA, retirement plan, TAKASE ADD SYSTEM, INC. RETIREMENT PLAN, TAKASE ADD SYSTEM, INC.

TAKASE ADD SYSTEM, INC.EIN 33-0774231Plan #001PY 2022

1907 REDONDO AVENUE, SUITE B - SIGNAL HILLS, CA 90755562-597-4900LinkedIn1-10 employeesmachinery

Prospect flagsNo flags tripped

How to read this page

Total assets (EOY)

$276K

-1.7% from 2021

Total participants

0.0% from 2021

Average account balance

$91,994

-1.7% from 2021

Annual return

-10.18%

-22.78 pp from 2021

Benchmarks

See 8,687 peers

Peer group

Industry48 - Transportation and Warehousing

Plan typeDefined contribution

Participants<25

Cohort8,687 peers

Snapshot2022

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

Analytics

Total assets (EOY)

Plan-year ending balance

$366K

Not enough data

1 years with asset history on file

Average account balance

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

$183K

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

$25K

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

+9.45%

Not enough data

1 years with return on file

Admin fee / account holder

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

$40402

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 codes2G2J3D

Plan features

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

0 tripped

No flags tripped for this filing year. This plan looks clean.

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

$91,994

$82,314+11.8%

$68,808+33.7%

$134,532-31.6%

Participation rate

75.0%

75.1%-0.1pp

69.0%+6.0pp

81.2%-6.2pp

Annual return

-10.18%

-2.18%-8.0pp

-6.37%-3.8pp

418.27%-428.5pp

Employer contribution / active EE

$1,780

$3,301-46.1%

$2,656-33.0%

$4,741-62.5%

Participant deferral / active EE

$4,153

$4,740-12.4%

$3,942+5.3%

$6,401-35.1%

Admin fee / account holder

$6,484-100.0%

$4,936-100.0%

$11,429-100.0%

TAKASE ADD SYSTEM, INC. RETIREMENT PLAN

Summary metrics

Benchmarksi

Analytics

Service providersi

Plan features & details

Opportunity flagsi

Audit opinioni

TAKASE ADD SYSTEM, INC. RETIREMENT PLAN

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