Retirement plan

TPC ADVANCED TECHNOLOGY, INC. RETIREMENT PLAN

Name: TPC ADVANCED TECHNOLOGY, INC. - TPC ADVANCED TECHNOLOGY, INC. RETIREMENT PLAN (2024) Form 5500
Creator: TPC ADVANCED TECHNOLOGY, INC.
License: https://www.dol.gov/general/disclaim
Keywords: Form 5500, ERISA, retirement plan, TPC ADVANCED TECHNOLOGY, INC. RETIREMENT PLAN, TPC ADVANCED TECHNOLOGY, INC.

TPC ADVANCED TECHNOLOGY, INC.EIN 33-0790484Plan #001PY 2024

851 S. LAWSON ST - CITY OF INDUSTRY, CA 91748626-810-4337LinkedIn1-10 employees

Other plans on this EIN

1 filing

#002Retirement-$466K assets

Prospect flagsLow returnsLow fidelity bond

How to read this page

Total assets (EOY)

$682K

+56.4% from 2023

Total participants

+16.7% from 2023

Average account balance

$52,462

+44.3% from 2023

Annual return

8.60%

-12.76 pp from 2023

Benchmarks

See 23,862 peers

Peer group

Industry42 - Wholesale Trade

Plan typeDefined contribution

Participants<25

Cohort23,862 peers

Snapshot2024

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

Analytics

Total assets (EOY)

Plan-year ending balance

$682K

Not enough data

1 years with asset history on file

Average account balance

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

$52K

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.

92.9%

Not enough data

1 years with eligibility data

Contributions (total)

Employer and participant dollars contributed each year

$208K

Not enough data

1 years with contributions on file

Contributions per participant

Average employer and participant contribution per enrolled participant

$15K

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

+8.60%

Not enough data

1 years with return on file

Admin fee / account holder

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

$-623

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 codes2E2G2J3D

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.
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 returns
Annual investment return is in the bottom quintile of the peer cohort.
ComplianceLow fidelity bond
Fidelity bond coverage is below the ERISA section 412 10%-of-assets minimum (capped at $500,000).

Expense breakdown

Schedule H Part II

Plan-level admin expenses are zero - fees are likely paid at the master-trust level rather than the individual plan.

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

$52,462

$166,242-68.4%

$165,071-68.2%

$145,884-64.0%

Participation rate

92.9%

82.0%+10.8pp

78.6%+14.2pp

80.3%+12.6pp

Annual return

8.60%

100.44%-91.8pp

70.17%-61.6pp

551.85%-543.2pp

Employer contribution / active EE

$5,036

$5,283-4.7%

$4,347+15.8%

$4,662+8.0%

Participant deferral / active EE

$9,842

$6,964+41.3%

$6,035+63.1%

$6,690+47.1%

Admin fee / account holder

-$623

$16,658-103.7%

$12,695-104.9%

$13,392-104.7%

TPC ADVANCED TECHNOLOGY, INC. RETIREMENT PLAN

Summary metrics

Benchmarksi

Analytics

Service providersi

Plan features & details

Opportunity flagsi

Expense breakdowni

Audit opinioni

TPC ADVANCED TECHNOLOGY, INC. 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