Retirement plan

TACONY CORPORATION RETIREMENT PLAN

Name: TACONY CORPORATION - TACONY CORPORATION RETIREMENT PLAN (2021) Form 5500
Creator: TACONY CORPORATION
License: https://www.dol.gov/general/disclaim
Keywords: Form 5500, ERISA, retirement plan, TACONY CORPORATION RETIREMENT PLAN, TACONY CORPORATION

TACONY CORPORATIONEIN 43-0742269Plan #002PY 2021

1760 GILSINN AVE - FENTON, MO 63026636-349-3000tacony.comLinkedIn201-500 employeeswholesale

Other plans on this EIN

1 filing

#004Retirement-$2.1M assets

Prospect flagsHigh fees

How to read this page

Total assets (EOY)

$40.1M

+7.4% from 2020

Total participants

405

-2.4% from 2020

Average account balance

$101,856

+11.5% from 2020

Annual return

14.46%

+4.58 pp from 2020

Benchmarks

See 2,347 peers

Peer group

Industry33 - Manufacturing

Plan typeDefined contribution

Participants250-999

Cohort2,347 peers

Snapshot2021

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

Analytics

Total assets (EOY)

Plan-year ending balance

$46.26M

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.

398

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.

84.2%

Not enough data

1 years with eligibility data

Contributions (total)

Employer and participant dollars contributed each year

$3.33M

Not enough data

1 years with contributions on file

Contributions per participant

Average employer and participant contribution per enrolled participant

$14K

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

+11.27%

Not enough data

1 years with return on file

Admin fee / account holder

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

$438

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

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

Service providers

Top 4 by compensation

Provider	Service type	Compensation
MONETA GROUP LLC2 years Service code 27 · EIN 20-1903821	Advisory (Plan)	$89,605
EPIC RETIREMENT PLAN SERVICES3 years Service code 15 · EIN 16-1450952	Recordkeeping	$62,964
CHARLES SCHWAB & CO., INC.2 years Filed as: CHARLES SCHWAB TRUST BANK Service code 19 · EIN 82-3967259	Securities Custodian	$16,866
CHARLES SCHWAB & CO., INC.3 years Service code 59 · EIN 94-1737782	Shareholder Servicing	$0

Plan features & details

Pension benefit codes2E2F2G2J2T3D3H

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.
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

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

$153K

$521 / participant

Investment mgmt$90K58.7%
Other / not subdivided$63K41.3%

% of EOY assets

0.380%

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: ARMANINO LLP
Auditor EIN: 946214841
Audit fees: (not subdivided)
Opinion code: Unqualified

Metric

This plan

Peer set

Industry

Size

Avg account balance

$101,856

$185,342-45.0%

$111,308-8.5%

$86,821+17.3%

Participation rate

96.2%

81.0%+15.3pp

77.3%+18.9pp

72.3%+24.0pp

Annual return

14.46%

500.80%-486.3pp

54.67%-40.2pp

97.94%-83.5pp

Employer contribution / active EE

$8,517

$2,246+279.2%

$2,732+211.8%

$2,406+254.0%

Participant deferral / active EE

$4,201

$4,458-5.8%

$4,487-6.4%

$4,132+1.7%

Admin fee / account holder

$387

$255+51.6%

$7,965-95.1%

$170+128.3%

Provider

Service type

Compensation

MONETA GROUP LLC2 years

Service code 27 · EIN 20-1903821

Advisory (Plan)

$89,605

EPIC RETIREMENT PLAN SERVICES3 years

Service code 15 · EIN 16-1450952

Recordkeeping

$62,964

CHARLES SCHWAB & CO., INC.2 years

Filed as: CHARLES SCHWAB TRUST BANK

Service code 19 · EIN 82-3967259

Securities Custodian

$16,866

CHARLES SCHWAB & CO., INC.3 years

Service code 59 · EIN 94-1737782

Shareholder Servicing

TACONY CORPORATION RETIREMENT PLAN

Summary metrics

Benchmarksi

Analytics

Service providersi

Plan features & details

Opportunity flagsi

Expense breakdowni

Audit opinioni

TACONY CORPORATION RETIREMENT 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