Retirement plan

TRICOR, INC. 401(K) PROFIT SHARING PLAN

Name: TRICOR INSURANCE AND FINANCIAL SERVICES - TRICOR, INC. 401(K) PROFIT SHARING PLAN (2015) Form 5500
Creator: TRICOR INSURANCE AND FINANCIAL SERVICES
License: https://www.dol.gov/general/disclaim
Keywords: Form 5500, ERISA, retirement plan, TRICOR, INC. 401(K) PROFIT SHARING PLAN, TRICOR INSURANCE AND FINANCIAL SERVICES

TRICOR INSURANCE AND FINANCIAL SERVICESEIN 39-1722612Plan #001PY 2015

230 WEST CHERRY ST, PO BOX 450 - LANCASTER, WI 53813608-723-6441

Prospect flagsLow employer contribution

How to read this page

Total assets (EOY)

$13.3M

No prior year

Total participants

244

No prior year

Average account balance

$59,254

No prior year

Annual return

15.57%

No prior year

Benchmarks

See 2,156 peers

Peer group

Industry52 - Finance and Insurance

Plan typeDefined contribution

Participants100-249

Cohort2,156 peers

Snapshot2015

See peer percentile detail. $4.99 for your first month.

Solo adds 10-year history, peer benchmarks, provider and welfare analytics, saves, and exports. Then $34.99 a month.

Start for $4.99 See plans

Analytics

Total assets (EOY)

Plan-year ending balance

$42.60M

Not enough data

1 years with asset history on file

Average account balance

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

$116K

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.

368

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.

98.0%

Not enough data

1 years with eligibility data

Contributions (total)

Employer and participant dollars contributed each year

$3.51M

Not enough data

1 years with contributions on file

Contributions per participant

Average employer and participant contribution per enrolled participant

$12K

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

+14.28%

Not enough data

1 years with return on file

Admin fee / account holder

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

$15

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

1 years with F_SCH_H allocation on file

See the 10-year trajectory. $4.99 for your first month.

Solo adds 10-year history, peer benchmarks, provider and welfare analytics, saves, and exports. Then $34.99 a month.

Start for $4.99 See plans

Service providers

Top 4 by compensation

Provider	Service type	Compensation
HK FINANCIAL SERVICES1+ years Filed as: HONKAMP KRUEGER FINANCIAL SERVICES Service code 27 · EIN 42-1447865 2355 JOHN F KENNEDY RD. · DUBUQUE, IA 52002	Advisory (Plan)	$13,457
PENSION ASSURANCE LLP1+ years Filed as: THE PENSION SPECIALISTS, LTD. Service code 49 · EIN 36-3592542 10501 NORTH 2ND STREET · MACHESNEY PARK, IL 61115	Other Services	$11,469
PRINCIPAL LIFE INSURANCE COMPANY1+ years Service code 13 · EIN 42-0127290 711 HIGH STREET · DES MOINES, IA 50392	Contract Administrator	$1,504
TRICOR, INC.1+ years Service code 49 · EIN 39-1722612 230 WEST CHERRY STREET · LANCASTER, WI 53813	Other Services	$0

Plan features & details

Pension benefit codes2A2E2F2G2J2K2S2T3D

Plan features

2A
Age/service weighted or new comparability plan
Age/service weighted plan where allocations are based on age service or age and service; or new comparability or similar plan where allocations are based on participant classifications consisting entirely or predominantly of highly compensated employees or the plan provides an additional allocation rate on compensation above a specified threshold that exceeds the permitted disparity limits of Code section 401(l).
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.
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.
2S
Automatic enrollment
Plan provides for automatic enrollment in plan that has elective contributions deducted from payroll.
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 employer contribution
Employer contribution per participant is in the bottom quintile of the peer cohort.

Expense breakdown

Schedule H Part II

Admin total

$15K

$70 / participant

Investment mgmt$13K89.9%
Contract admin$2K10.1%

% of EOY assets

0.112%

all-in expense ratio

Categories reported

2 / 9

subdivided buckets used

Audit opinion

Schedule H Part III

Disclaimer opinion

The auditor declined to give an opinion. This is usually a 103(a)(3)(C) limited-scope election.

Auditor firm: COLLINS & ASSOCIATES
Auditor EIN: 391769340
Audit fees: (not subdivided)
Opinion code: Disclaimer

Look up a plan sponsor by EIN. Free Form 5500 search. No signup.

Metric

This plan

Peer set

Industry

Size

Avg account balance

$59,254

$70,667-16.2%

$123,104-51.9%

$52,331+13.2%

Participation rate

91.2%

83.7%+7.4pp

86.8%+4.4pp

68.1%+23.1pp

Annual return

15.57%

6.23%+9.3pp

13.22%+2.4pp

4.54%+11.0pp

Employer contribution / active EE

$900

$2,946-69.4%

$5,151-82.5%

$1,882-52.2%

Participant deferral / active EE

$4,251

$4,493-5.4%

$6,230-31.8%

$3,022+40.7%

Admin fee / account holder

$66

$506-86.9%

$9,015-99.3%

$592-88.8%

Provider

Service type

Compensation

HK FINANCIAL SERVICES1+ years

Filed as: HONKAMP KRUEGER FINANCIAL SERVICES

Service code 27 · EIN 42-1447865

2355 JOHN F KENNEDY RD. · DUBUQUE, IA 52002

Advisory (Plan)

$13,457

PENSION ASSURANCE LLP1+ years

Filed as: THE PENSION SPECIALISTS, LTD.

Service code 49 · EIN 36-3592542

10501 NORTH 2ND STREET · MACHESNEY PARK, IL 61115

Other Services

$11,469

PRINCIPAL LIFE INSURANCE COMPANY1+ years

Service code 13 · EIN 42-0127290

711 HIGH STREET · DES MOINES, IA 50392

Contract Administrator

$1,504

TRICOR, INC.1+ years

Service code 49 · EIN 39-1722612

230 WEST CHERRY STREET · LANCASTER, WI 53813

Other Services

TRICOR, INC. 401(K) PROFIT SHARING PLAN

Summary metrics

Benchmarksi

Analytics

Service providersi

Plan features & details

Opportunity flagsi

Expense breakdowni

Audit opinioni

TRICOR, INC. 401(K) PROFIT SHARING 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