Retirement plan

TRIFECTA TRANSPORT, LLC PROFIT SHARING & 401(K) PLAN

Name: TRIFECTA TRANSPORT, LLC - TRIFECTA TRANSPORT, LLC PROFIT SHARING & 401(K) PLAN (2020) Form 5500
Creator: TRIFECTA TRANSPORT, LLC
License: https://www.dol.gov/general/disclaim
Keywords: Form 5500, ERISA, retirement plan, TRIFECTA TRANSPORT, LLC PROFIT SHARING & 401(K) PLAN, TRIFECTA TRANSPORT, LLC

TRIFECTA TRANSPORT, LLCEIN 45-2739798Plan #001PY 2020

340 EAST 22ND STREET - LOMBARD, IL 60148630-793-9930trifectatrans.comLinkedIn11-50 employeestransportation/trucking/railroad

Prospect flagsHigh feesLow fidelity bond

How to read this page

Total assets (EOY)

$920K

+29.4% from 2019

Total participants

+7.1% from 2019

Average account balance

$65,732

+29.4% from 2019

Annual return

12.45%

-3.73 pp from 2019

Benchmarks

See 6,938 peers

Peer group

Industry48 - Transportation and Warehousing

Plan typeDefined contribution

Participants<25

Cohort6,938 peers

Snapshot2020

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

Analytics

Total assets (EOY)

Plan-year ending balance

$2.06M

Not enough data

1 years with asset history on file

Average account balance

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

$121K

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.

113.3%

Not enough data

1 years with eligibility data

Contributions (total)

Employer and participant dollars contributed each year

$176K

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

+13.71%

Not enough data

1 years with return on file

Admin fee / account holder

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

$7875

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 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

2 tripped

OpportunityHigh fees
Administrative expenses exceed $300 per participant per year - possible fee-review opportunity. (Recordkeeping / audit / legal; excludes investment management.)
ComplianceLow fidelity bond
Fidelity bond coverage is below the ERISA section 412 10%-of-assets minimum (capped at $500,000).

Expense breakdown

Schedule H Part II

Admin total

$7K

$552 / participant

Other / not subdivided$7K100.0%

% of EOY assets

0.719%

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

$65,732

$102,638-36.0%

$81,991-19.8%

$158,966-58.7%

Participation rate

91.7%

75.5%+16.1pp

69.3%+22.4pp

82.0%+9.7pp

Annual return

12.45%

61.05%-48.6pp

41.31%-28.9pp

302.95%-290.5pp

Employer contribution / active EE

$3,800

$3,241+17.3%

$2,498+52.1%

$4,762-20.2%

Participant deferral / active EE

$6,248

$4,649+34.4%

$3,722+67.8%

$5,983+4.4%

Admin fee / account holder

$473

$8,237-94.3%

$5,665-91.7%

$11,250-95.8%

TRIFECTA TRANSPORT, LLC PROFIT SHARING & 401(K) PLAN

Summary metrics

Benchmarksi

Analytics

Service providersi

Plan features & details

Opportunity flagsi

Expense breakdowni

Audit opinioni

TRIFECTA TRANSPORT, LLC 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