Retirement plan

TRION SOLUTIONS, INC. 401(K) PROFIT SHARING PLAN

Name: TRION SOLUTIONS, INC. - TRION SOLUTIONS, INC. 401(K) PROFIT SHARING PLAN (2018) Form 5500
Creator: TRION SOLUTIONS, INC.
License: https://www.dol.gov/general/disclaim
Keywords: Form 5500, ERISA, retirement plan, TRION SOLUTIONS, INC. 401(K) PROFIT SHARING PLAN, TRION SOLUTIONS, INC.

TRION SOLUTIONS, INC.EIN 46-1334892Plan #001PY 2018

888 W. BIG BEAVER RD., SUITE 1000 - TROY, MI 48084248-498-8400trionsolutionsinc.comLinkedIn1-10 employeeshuman resources

Prospect flagsLow returnsLow participationLow employer contributionLow participant contributionCorrective distributions

How to read this page

Total assets (EOY)

$21.1M

+6.9% from 2017

Total participants

12,006

0.0% from 2017

Average account balance

$25,825

-28.9% from 2017

Annual return

-6.55%

-24.45 pp from 2017

Benchmarks

See 1,060 peers

Peer group

Industryany (size+type match)

Plan typeDefined contribution

Participants>=10,000

Cohort1,060 peers

Snapshot2018

See peer percentile detail. $4.99 for your first month.

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Analytics

Total assets (EOY)

Plan-year ending balance

$106.58M

Not enough data

1 years with asset history on file

Average account balance

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

$26K

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.

4,088

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.

43.4%

Not enough data

1 years with eligibility data

Contributions (total)

Employer and participant dollars contributed each year

$12.06M

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

+89.69%

Not enough data

1 years with return on file

Admin fee / account holder

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

$68

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

See the 10-year trajectory. $4.99 for your first month.

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Service providers

Top 5 by compensation

Provider	Service type	Compensation
NATIONWIDE4+ years Filed as: NATIONWIDE LIFE INSURANCE COMPANY Service code 15 · EIN 31-4056830 ONE NATIONWIDE PLAZA · COLUMBUS, OH 43215	Recordkeeping	$211,641
THE BENEFIT ADVANTAGE, INC.3 years Service code 15 · EIN 38-3254950 3497 AUBURN ROAD · AUBURN HILLS, MI 48326	Recordkeeping	$17,822
TD AMERITRADE, INC.1 year Filed as: TD AMERITRADE Service code 15 4211 S. 102ND ST. · OMAHA, NE 68127	Recordkeeping	$1,480
CONCORDE ASSET MANAGEMENT1 year Filed as: CONCORDE INS AGENCY INC Service code 22 1120 E LONG LAKE RD · TROY, MI 48085	Insurance Broker	$0
L M KOHN & COMPANY2 years Filed as: L.M. KOHN & COMPANY Service code 27 10151 CARVER ROAD · CINCINNATI, OH 45242	Advisory (Plan)	$0

Plan features & details

Pension benefit codes2E2J2K3D2F2G2A

Plan features

2A
Age/service weighted or new comparability plan
Age/service weighted plan where allocations are based on age service or age and service; or new comparability or similar plan where allocations are based on participant classifications consisting entirely or predominantly of highly compensated employees or the plan provides an additional allocation rate on compensation above a specified threshold that exceeds the permitted disparity limits of Code section 401(l).
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.
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

5 tripped

OpportunityLow participation
Participation rate is below 70% (account-balance holders / active employees) - enrollment or auto-enroll opportunity.
OpportunityLow participant contribution
Participant contribution per participant is in the bottom quintile of the peer cohort.
OpportunityLow employer contribution
Employer contribution per participant is in the bottom quintile of the peer cohort.
OpportunityLow returns
Annual investment return 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

$231K

$19 / participant

Other / not subdivided$231K100.0%

% of EOY assets

1.093%

all-in expense ratio

Categories reported

0 / 9

subdivided buckets used

Audit opinion

Schedule H Part III

Disclaimer opinion

The auditor declined to give an opinion. This is usually a 103(a)(3)(C) limited-scope election.

Auditor firm: FENNER, MELSTROM, & DOOLING, PLC
Auditor EIN: 381402622
Audit fees: (not subdivided)
Opinion code: Disclaimer

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Metric

This plan

Peer set

Industry

Size

Avg account balance

$25,825

$73,367-64.8%

$79,464-67.5%

$73,367-64.8%

Participation rate

5.8%

69.5%-63.7pp

73.3%-67.6pp

69.5%-63.7pp

Annual return

-6.55%

173.45%-180.0pp

718.14%-724.7pp

173.45%-180.0pp

Employer contribution / active EE

$124

$2,499-95.0%

$2,800-95.6%

$2,499-95.0%

Participant deferral / active EE

$198

$4,033-95.1%

$3,704-94.6%

$4,033-95.1%

Admin fee / account holder

$282

$68+313.0%

$5,113-94.5%

$68+313.0%

Provider

Service type

Compensation

NATIONWIDE4+ years

Filed as: NATIONWIDE LIFE INSURANCE COMPANY

Service code 15 · EIN 31-4056830

ONE NATIONWIDE PLAZA · COLUMBUS, OH 43215

Recordkeeping

$211,641

THE BENEFIT ADVANTAGE, INC.3 years

Service code 15 · EIN 38-3254950

3497 AUBURN ROAD · AUBURN HILLS, MI 48326

Recordkeeping

$17,822

TD AMERITRADE, INC.1 year

Filed as: TD AMERITRADE

Service code 15

4211 S. 102ND ST. · OMAHA, NE 68127

Recordkeeping

$1,480

CONCORDE ASSET MANAGEMENT1 year

Filed as: CONCORDE INS AGENCY INC

Service code 22

1120 E LONG LAKE RD · TROY, MI 48085

Insurance Broker

L M KOHN & COMPANY2 years

Filed as: L.M. KOHN & COMPANY

Service code 27

10151 CARVER ROAD · CINCINNATI, OH 45242

Advisory (Plan)

TRION SOLUTIONS, INC. 401(K) PROFIT SHARING PLAN

Summary metrics

Benchmarksi

Analytics

Service providersi

Plan features & details

Opportunity flagsi

Expense breakdowni

Audit opinioni

TRION SOLUTIONS, INC. 401(K) PROFIT SHARING 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