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 (2019) 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 2019

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

Prospect flagsHigh fees

How to read this page

Total assets (EOY)

$7.2M

-4.1% from 2018

Total participants

-6.6% from 2018

Average account balance

$81,699

+3.5% from 2018

Annual return

20.40%

+24.81 pp from 2018

Benchmarks

See 9,236 peers

Peer group

Industry42 - Wholesale Trade

Plan typeDefined contribution

Participants25-99

Cohort9,236 peers

Snapshot2019

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.3 years Service code 15 · EIN 30-0219031	Recordkeeping	$36,342

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

1 tripped

OpportunityHigh fees
Administrative expenses exceed $300 per participant per year - possible fee-review opportunity. (Recordkeeping / audit / legal; excludes investment management.)

Expense breakdown

Schedule H Part II

Admin total

$36K

$491 / participant

Investment mgmt$35K95.7%
Other / not subdivided$2K4.3%

% of EOY assets

0.505%

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

$81,699

$83,485-2.1%

$125,195-34.7%

$72,976+12.0%

Participation rate

85.1%

73.3%+11.8pp

79.8%+5.4pp

69.5%+15.6pp

Annual return

20.40%

25.77%-5.4pp

43.79%-23.4pp

81.02%-60.6pp

Employer contribution / active EE

$2,346-100.0%

$3,866-100.0%

$2,440-100.0%

Participant deferral / active EE

$1,859

$3,586-48.2%

$4,937-62.3%

$3,608-48.5%

Admin fee / account holder

$413

$5,518-92.5%

$9,704-95.7%

$5,124-91.9%

Provider

Service type

Compensation

ASSOCIATED TRUST COMPANY, N.A.3 years

Service code 15 · EIN 30-0219031

Recordkeeping

$36,342

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