Retirement plan

THERM-O-LINK, INC. EMPLOYEE RETIREMENT PLAN AND TRUST

Name: THERM-O-LINK, INC. - THERM-O-LINK, INC. EMPLOYEE RETIREMENT PLAN AND TRUST (2022) Form 5500
Creator: THERM-O-LINK, INC.
License: https://www.dol.gov/general/disclaim
Keywords: Form 5500, ERISA, retirement plan, THERM-O-LINK, INC. EMPLOYEE RETIREMENT PLAN AND TRUST, THERM-O-LINK, INC.

THERM-O-LINK, INC.EIN 34-1538286Plan #001PY 2022

10513 FREEDOM STREET - GARRETTSVILLE, OH 442319244330-393-4300tolwire.comLinkedIn51-200 employeeselectrical/electronic manufacturing

Prospect flagsLow participant contribution

How to read this page

Total assets (EOY)

$3.5M

-34.1% from 2021

Total participants

108

-11.5% from 2021

Average account balance

$33,019

-25.9% from 2021

Annual return

-13.69%

-21.72 pp from 2021

Benchmarks

See 14,496 peers

Peer group

Industry33 - Manufacturing

Plan typeDefined contribution

Participants25-99

Cohort14,496 peers

Snapshot2022

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

Analytics

Total assets (EOY)

Plan-year ending balance

$2.80M

Not enough data

1 years with asset history on file

Average account balance

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

$41K

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.

135.3%

Not enough data

1 years with eligibility data

Contributions (total)

Employer and participant dollars contributed each year

$41K

Not enough data

1 years with contributions on file

Contributions per participant

Average employer and participant contribution per enrolled participant

$804

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

+9.25%

Not enough data

1 years with return on file

Admin fee / account holder

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

$13203

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

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Service providers

Top 1 by compensation

Provider	Service type	Compensation
BARSELLA/SHANNON/KRAPF/HASBROUK5 years Service code 27 · EIN 34-1542819	Advisory (Plan)	$14,450

Plan features & details

Pension benefit codes2E2J2K3H

Plan features

2E
Profit-sharing
Profit-sharing plan.
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.
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

1 tripped

OpportunityLow participant contribution
Participant contribution per participant is in the bottom quintile of the peer cohort.

Expense breakdown

Schedule H Part II

Admin total

$14K

$170 / participant

Investment mgmt$14K100.0%

% of EOY assets

0.417%

all-in expense ratio

Categories reported

1 / 9

subdivided buckets used

Audit opinion

Schedule H Part III

Unqualified opinion

Auditor signed off without reservation - the cleanest possible opinion.

Auditor firm: HILL BARTH & KING, LLC
Auditor EIN: 341897225
Audit fees: (not subdivided)
Opinion code: Unqualified

Metric

This plan

Peer set

Industry

Size

Avg account balance

$33,019

$71,872-54.1%

$86,691-61.9%

$68,495-51.8%

Participation rate

96.5%

72.2%+24.2pp

76.6%+19.9pp

67.9%+28.6pp

Annual return

-13.69%

3.53%-17.2pp

35.94%-49.6pp

-7.84%-5.8pp

Employer contribution / active EE

$1,431

$2,173-34.2%

$2,837-49.6%

$2,596-44.9%

Participant deferral / active EE

$1,038

$3,779-72.5%

$4,656-77.7%

$4,028-74.2%

Admin fee / account holder

$138

$6,112-97.7%

$7,492-98.2%

$5,403-97.5%

Provider

Service type

Compensation

BARSELLA/SHANNON/KRAPF/HASBROUK5 years

Service code 27 · EIN 34-1542819

Advisory (Plan)

$14,450

THERM-O-LINK, INC. EMPLOYEE RETIREMENT PLAN AND TRUST

Summary metrics

Benchmarksi

Analytics

Service providersi

Plan features & details

Opportunity flagsi

Expense breakdowni

Audit opinioni

THERM-O-LINK, INC. EMPLOYEE RETIREMENT PLAN AND TRUST

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