Retirement plan

YAMIBUY 401K PLAN

Name: TRANSOCEAN RESOURCES MANAGEMENT INC. - YAMIBUY 401K PLAN (2023) Form 5500
Creator: TRANSOCEAN RESOURCES MANAGEMENT INC.
License: https://www.dol.gov/general/disclaim
Keywords: Form 5500, ERISA, retirement plan, YAMIBUY 401K PLAN, TRANSOCEAN RESOURCES MANAGEMENT INC.

TRANSOCEAN RESOURCES MANAGEMENT INC.EIN 46-1019646Plan #001PY 2023

140 S STATE COLLEGE BLVD SUITE 300 - BREA, CA 92821909-348-0620LinkedIn51-200 employeesretail

Prospect flagsLow participationLow fidelity bond

How to read this page

Total assets (EOY)

$3.1M

+51.1% from 2022

Total participants

213

+8.1% from 2022

Average account balance

$18,090

+34.1% from 2022

Annual return

22.74%

+42.17 pp from 2022

Benchmarks

See 503 peers

Peer group

Industry45 - Retail Trade

Plan typeDefined contribution

Participants100-249

Cohort503 peers

Snapshot2023

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

Analytics

Total assets (EOY)

Plan-year ending balance

$4.04M

Not enough data

1 years with asset history on file

Average account balance

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

$25K

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.

163

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.

63.7%

Not enough data

1 years with eligibility data

Contributions (total)

Employer and participant dollars contributed each year

$650K

Not enough data

1 years with contributions on file

Contributions per participant

Average employer and participant contribution per enrolled participant

$6K

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

+17.05%

Not enough data

1 years with return on file

Admin fee / account holder

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

$104

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 2 by compensation

Provider	Service type	Compensation
TRANSAMERICA RETIREMENT SOLUTIONS6 years Filed as: TARNSAMERICA LIFE INSURANCE COMPANY Service code 15 · EIN 39-0988978	Recordkeeping	$11,863
CALIFORNIA BENEFIT PLANNERS6 years Service code 15 · EIN 95-4568183	Recordkeeping	$465

Plan features & details

Pension benefit codes2G2J2K3D

Plan features

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.
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 participation
Participation rate is below 70% (account-balance holders / active employees) - enrollment or auto-enroll opportunity.
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

$12K

$107 / participant

Contract admin$12K100.0%

% of EOY assets

0.403%

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: THONG, YU, WONG & LEE LLP
Auditor EIN: 710899369
Audit fees: (not subdivided)
Opinion code: Unqualified

Metric

This plan

Peer set

Industry

Size

Avg account balance

$18,090

$51,283-64.7%

$95,740-81.1%

$71,511-74.7%

Participation rate

61.7%

63.1%-1.3pp

72.3%-10.5pp

67.9%-6.2pp

Annual return

22.74%

25.25%-2.5pp

28.41%-5.7pp

28.86%-6.1pp

Employer contribution / active EE

$2,258

$1,817+24.2%

$2,836-20.4%

$2,589-12.8%

Participant deferral / active EE

$3,795

$3,365+12.8%

$4,244-10.6%

$4,291-11.5%

Admin fee / account holder

$73

$1,135-93.6%

$5,676-98.7%

$1,588-95.4%

Provider

Service type

Compensation

TRANSAMERICA RETIREMENT SOLUTIONS6 years

Filed as: TARNSAMERICA LIFE INSURANCE COMPANY

Service code 15 · EIN 39-0988978

Recordkeeping

$11,863

CALIFORNIA BENEFIT PLANNERS6 years

Service code 15 · EIN 95-4568183

Recordkeeping

$465

YAMIBUY 401K PLAN

Summary metrics

Benchmarksi

Analytics

Service providersi

Plan features & details

Opportunity flagsi

Expense breakdowni

Audit opinioni

YAMIBUY 401K 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