Retirement plan

TSG FINISHING, LLC 401(K) PLAN

Name: TSG FINISHING, LLC - TSG FINISHING, LLC 401(K) PLAN (2019) Form 5500
Creator: TSG FINISHING, LLC
License: https://www.dol.gov/general/disclaim
Keywords: Form 5500, ERISA, retirement plan, TSG FINISHING, LLC 401(K) PLAN, TSG FINISHING, LLC

TSG FINISHING, LLCEIN 45-1980175Plan #003PY 2019

7 N WATERLOO RD., PO BOX 897 - DEVON, PA 19333215-628-2000

Prospect flagsLow participant contributionCorrective distributions

How to read this page

Total assets (EOY)

$4.4M

+15.4% from 2018

Total participants

177

+21.2% from 2018

Average account balance

$27,983

-2.9% from 2018

Annual return

22.35%

+28.22 pp from 2018

Benchmarks

See 966 peers

Peer group

Industry31 - Manufacturing

Plan typeDefined contribution

Participants100-249

Cohort966 peers

Snapshot2019

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

Analytics

Total assets (EOY)

Plan-year ending balance

$5.37M

Not enough data

1 years with asset history on file

Average account balance

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

$46K

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.

118

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.

97.8%

Not enough data

1 years with eligibility data

Contributions (total)

Employer and participant dollars contributed each year

$194K

Not enough data

1 years with contributions on file

Contributions per participant

Average employer and participant contribution per enrolled participant

$2K

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

+10.83%

Not enough data

1 years with return on file

Admin fee / account holder

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

$17

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 3 by compensation

Provider	Service type	Compensation
DAVIDSON HOLLAND WHITESELL CO PLLC2 years Filed as: DAVIDSON, HOLLAND, WHITESE & CO. Service code 10 · EIN 56-1706742	Accounting	$10,000
LINCOLN NATIONAL CORPORATION5+ years Filed as: LINCOLN FINANCIAL ADVISORS CORP. Service code 55	Other Commissions	$9,724
LINCOLN NATIONAL CORPORATION4 years Filed as: LINCOLN FINANCIAL ADVISORS CORP Service code 55 · EIN 04-3523567	Other Commissions	$0

Plan features & details

Pension benefit codes2E2G2J2T3D

Plan features

2E
Profit-sharing
Profit-sharing plan.
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

OpportunityLow participant contribution
Participant contribution per participant is in the bottom quintile of the peer cohort.
ComplianceCorrective distributions
Plan reported corrective distributions (failed ADP/ACP testing).

Expense breakdown

Schedule H Part II

Admin total

$19K

$122 / participant

Investment mgmt$19K100.0%

% of EOY assets

0.435%

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: DAVIDSON, HOLLAND, WHITESELL & CO.
Auditor EIN: 561706742
Audit fees: (not subdivided)
Opinion code: Disclaimer

Metric

This plan

Peer set

Industry

Size

Avg account balance

$27,983

$50,666-44.8%

$76,667-63.5%

$65,186-57.1%

Participation rate

87.2%

68.8%+18.4pp

72.1%+15.1pp

70.2%+17.0pp

Annual return

22.35%

28.51%-6.2pp

1166.74%-1144.4pp

29.39%-7.0pp

Employer contribution / active EE

$752

$1,575-52.3%

$2,303-67.4%

$2,177-65.5%

Participant deferral / active EE

$880

$2,647-66.7%

$3,336-73.6%

$3,514-74.9%

Admin fee / account holder

$122

$463-73.7%

$6,423-98.1%

$847-85.6%

Provider

Service type

Compensation

DAVIDSON HOLLAND WHITESELL CO PLLC2 years

Filed as: DAVIDSON, HOLLAND, WHITESE & CO.

Service code 10 · EIN 56-1706742

Accounting

$10,000

LINCOLN NATIONAL CORPORATION5+ years

Filed as: LINCOLN FINANCIAL ADVISORS CORP.

Service code 55

Other Commissions

$9,724

LINCOLN NATIONAL CORPORATION4 years

Filed as: LINCOLN FINANCIAL ADVISORS CORP

Service code 55 · EIN 04-3523567

Other Commissions

TSG FINISHING, LLC 401(K) PLAN

Summary metrics

Benchmarksi

Analytics

Service providersi

Plan features & details

Opportunity flagsi

Expense breakdowni

Audit opinioni

TSG FINISHING, LLC 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