Retirement plan

TRIANGLE DISTRIBUTING CO., INC. PROFIT SHARING 401(K) PLAN

Name: TRIANGLE DISTRIBUTING CO., INC. - TRIANGLE DISTRIBUTING CO., INC. PROFIT SHARING 401(K) PLAN (2018) Form 5500
Creator: TRIANGLE DISTRIBUTING CO., INC.
License: https://www.dol.gov/general/disclaim
Keywords: Form 5500, ERISA, retirement plan, TRIANGLE DISTRIBUTING CO., INC. PROFIT SHARING 401(K) PLAN, TRIANGLE DISTRIBUTING CO., INC.

TRIANGLE DISTRIBUTING CO., INC.EIN 39-0889548Plan #001PY 2018

1201 ASHWAUBENON STREET - GREEN BAY, WI 54304920-336-1555triangledist.comLinkedIn201-500 employeeswholesale

Prospect flagsHigh retiree %High fees

How to read this page

Total assets (EOY)

$7.5M

-4.9% from 2017

Total participants

106

-13.8% from 2017

Average account balance

$78,939

+11.1% from 2017

Annual return

-4.41%

-23.11 pp from 2017

Benchmarks

See 9,277 peers

Peer group

Industry42 - Wholesale Trade

Plan typeDefined contribution

Participants25-99

Cohort9,277 peers

Snapshot2018

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

Analytics

Total assets (EOY)

Plan-year ending balance

$7.77M

Not enough data

1 years with asset history on file

Average account balance

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

$109K

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.

93.4%

Not enough data

1 years with eligibility data

Contributions (total)

Employer and participant dollars contributed each year

$324K

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

+13.90%

Not enough data

1 years with return on file

Admin fee / account holder

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

$16200

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 1 by compensation

Provider	Service type	Compensation
ASSOCIATED TRUST COMPANY, N.A.2 years Service code 15 · EIN 30-0219031	Recordkeeping	$42,946

Plan features & details

Pension benefit codes2E2F2G2J2T3D

Plan features

2E
Profit-sharing
Profit-sharing plan.
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

2 tripped

OpportunityHigh fees
Administrative expenses exceed $300 per participant per year - possible fee-review opportunity. (Recordkeeping / audit / legal; excludes investment management.)
InformationalHigh retiree %
Retirees and beneficiaries make up 25% or more of total participants - indicates an ageing workforce or a frozen plan.

Expense breakdown

Schedule H Part II

Admin total

$43K

$573 / participant

Contract admin$42K96.8%
Other / not subdivided$1K3.2%

% of EOY assets

0.573%

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: KERBER ROSE SC
Auditor EIN: 391658423
Audit fees: (not subdivided)
Opinion code: Disclaimer

Metric

This plan

Peer set

Industry

Size

Avg account balance

$78,939

$72,404+9.0%

$110,243-28.4%

$64,173+23.0%

Participation rate

85.3%

73.3%+12.0pp

79.8%+5.5pp

69.6%+15.8pp

Annual return

-4.41%

-6.29%+1.9pp

314.76%-319.2pp

7.63%-12.0pp

Employer contribution / active EE

$554

$2,282-75.7%

$3,827-85.5%

$2,381-76.8%

Participant deferral / active EE

$1,893

$3,469-45.4%

$4,672-59.5%

$3,470-45.4%

Admin fee / account holder

$452

$5,664-92.0%

$8,548-94.7%

$4,887-90.8%

Provider

Service type

Compensation

ASSOCIATED TRUST COMPANY, N.A.2 years

Service code 15 · EIN 30-0219031

Recordkeeping

$42,946

TRIANGLE DISTRIBUTING CO., INC. PROFIT SHARING 401(K) PLAN

Summary metrics

Benchmarksi

Analytics

Service providersi

Plan features & details

Opportunity flagsi

Expense breakdowni

Audit opinioni

TRIANGLE DISTRIBUTING CO., INC. PROFIT SHARING 401(K) 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