Retirement plan

TRAIN DEPOT INC. 401(K) PLAN

Name: TRAIN DEPOT INC. - TRAIN DEPOT INC. 401(K) PLAN (2022) Form 5500
Creator: TRAIN DEPOT INC.
License: https://www.dol.gov/general/disclaim
Keywords: Form 5500, ERISA, retirement plan, TRAIN DEPOT INC. 401(K) PLAN, TRAIN DEPOT INC.

TRAIN DEPOT INC.EIN 35-2603192Plan #001PY 2022

3045 E. ASHLAN AVE. - FRESNO, CA 93726559-442-1401thetraindepot.webs.comLinkedIn1-10 employeesrestaurants

Prospect flagsLow participation

How to read this page

Total assets (EOY)

$329K

+5.6% from 2021

Total participants

+50.0% from 2021

Average account balance

$41,105

+5.6% from 2021

Annual return

-16.41%

-29.93 pp from 2021

Benchmarks

See 11,549 peers

Peer group

Industry72 - Accommodation and Food Services

Plan typeDefined contribution

Participants<25

Cohort11,549 peers

Snapshot2022

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

Analytics

Total assets (EOY)

Plan-year ending balance

$553K

Not enough data

1 years with asset history on file

Average account balance

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

$92K

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.

37.5%

Not enough data

1 years with eligibility data

Contributions (total)

Employer and participant dollars contributed each year

$70K

Not enough data

1 years with contributions on file

Contributions per participant

Average employer and participant contribution per enrolled participant

$4K

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

+9.89%

Not enough data

1 years with return on file

Admin fee / account holder

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

$2062

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 codes2F2G2J2T3D

Plan features

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.
2T
Default investment account
Total or partial participant-directed account plan where plan uses a default investment account for participants who fail to direct assets in their account.
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

1 tripped

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

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

$41,105

$84,628-51.4%

$61,501-33.2%

$134,545-69.4%

Participation rate

50.0%

62.2%-12.2pp

52.6%-2.6pp

81.2%-31.2pp

Annual return

-16.41%

585.61%-602.0pp

339.04%-355.5pp

418.37%-434.8pp

Employer contribution / active EE

$556

$1,545-64.0%

$1,160-52.1%

$4,742-88.3%

Participant deferral / active EE

$4,345

$2,819+54.1%

$2,125+104.5%

$6,401-32.1%

Admin fee / account holder

$2,587-100.0%

$2,132-100.0%

$11,431-100.0%

TRAIN DEPOT INC. 401(K) PLAN

Summary metrics

Benchmarksi

Analytics

Service providersi

Plan features & details

Opportunity flagsi

Audit opinioni

TRAIN DEPOT INC. 401(K) 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