Retirement plan

TUBBS MARINE SERVICE, INC. 401(K) PLAN

Name: TUBBS MARINE SERVICE, INC - TUBBS MARINE SERVICE, INC. 401(K) PLAN (2020) Form 5500
Creator: TUBBS MARINE SERVICE, INC
License: https://www.dol.gov/general/disclaim
Keywords: Form 5500, ERISA, retirement plan, TUBBS MARINE SERVICE, INC. 401(K) PLAN, TUBBS MARINE SERVICE, INC

TUBBS MARINE SERVICE, INCEIN 43-1027438Plan #001PY 2020

P.O. BOX 107 - LONEDELL, MO 63060314-574-0957

Other plans on this EIN

1 filing

#002Retirement-$686K assets

Prospect flagsHigh fees

How to read this page

Total assets (EOY)

$292K

+14.9% from 2019

Total participants

0.0% from 2019

Average account balance

$146,064

+14.9% from 2019

Annual return

14.88%

-6.73 pp from 2019

Benchmarks

See 1,018 peers

Peer group

Industry55 - Management of Companies and Enterprises

Plan typeDefined contribution

Participants<25

Cohort1,018 peers

Snapshot2020

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

Analytics

Total assets (EOY)

Plan-year ending balance

$381K

Not enough data

1 years with asset history on file

Average account balance

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

$191K

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.

100.0%

Not enough data

1 years with eligibility data

Contributions (total)

Employer and participant dollars contributed each year

Not enough data

0 years with contributions on file

Contributions per participant

Average employer and participant contribution per enrolled participant

Not enough data

0 years with per-participant contribution data

Asset flow

BOY + contributions + return - distributions = EOY

Year

Annual return

Diverging bars; negative years highlighted

+15.19%

Not enough data

1 years with return on file

Admin fee / account holder

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

$1794

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 codes2E2J3D

Plan features

2E
Profit-sharing
Profit-sharing plan.
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.
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

$705

$353 / participant

Other / not subdivided$705100.0%

% of EOY assets

0.241%

all-in expense ratio

Categories reported

0 / 9

subdivided buckets used

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

$146,064

$755,339-80.7%

$379,746-61.5%

$158,950-8.1%

Participation rate

100.0%

81.8%+18.2pp

78.4%+21.6pp

82.0%+18.0pp

Annual return

14.88%

53.41%-38.5pp

34.90%-20.0pp

302.91%-288.0pp

Employer contribution / active EE

$4,685-100.0%

$3,540-100.0%

$4,762-100.0%

Participant deferral / active EE

$7,938-100.0%

$6,024-100.0%

$5,983-100.0%

Admin fee / account holder

$353

$14,482-97.6%

$7,927-95.6%

$11,248-96.9%

TUBBS MARINE SERVICE, INC. 401(K) PLAN

Summary metrics

Benchmarksi

Analytics

Service providersi

Plan features & details

Opportunity flagsi

Expense breakdowni

Audit opinioni

TUBBS MARINE SERVICE, INC. 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