Retirement plan

TOMMY ROOTER PLUMBING INC 401(K) PROFIT SHARING PLAN & TRUST

Name: TOMMY ROOTER PLUMBING INC - TOMMY ROOTER PLUMBING INC 401(K) PROFIT SHARING PLAN & TRUST (2023) Form 5500
Creator: TOMMY ROOTER PLUMBING INC
License: https://www.dol.gov/general/disclaim
Keywords: Form 5500, ERISA, retirement plan, TOMMY ROOTER PLUMBING INC 401(K) PROFIT SHARING PLAN & TRUST, TOMMY ROOTER PLUMBING INC

TOMMY ROOTER PLUMBING INCEIN 46-3040161Plan #001PY 2023

42215 WASHINGTON ST STE A #423 - PALM DESERT, CA 92211760-835-3112LinkedIn1-10 employeesindividual & family services

Prospect flagsLow participationLow employer contribution

How to read this page

Total assets (EOY)

$189K

+35.5% from 2022

Total participants

0.0% from 2022

Average account balance

$23,621

+35.5% from 2022

Annual return

17.36%

+32.53 pp from 2022

Benchmarks

See 51,594 peers

Peer group

Industry23 - Construction

Plan typeDefined contribution

Participants<25

Cohort51,594 peers

Snapshot2023

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

Analytics

Total assets (EOY)

Plan-year ending balance

$224K

Not enough data

1 years with asset history on file

Average account balance

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

$28K

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

$23K

Not enough data

1 years with contributions on file

Contributions per participant

Average employer and participant contribution per enrolled participant

$3K

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

+14.19%

Not enough data

1 years with return on file

Admin fee / account holder

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

$1710

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

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

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

$23,621

$106,267-77.8%

$96,520-75.5%

$139,456-83.1%

Participation rate

66.7%

77.8%-11.2pp

74.3%-7.7pp

80.3%-13.7pp

Annual return

17.36%

38.45%-21.1pp

35.72%-18.4pp

373.45%-356.1pp

Employer contribution / active EE

$4,105-100.0%

$3,739-100.0%

$4,753-100.0%

Participant deferral / active EE

$2,113

$5,454-61.3%

$4,879-56.7%

$6,711-68.5%

Admin fee / account holder

$7,882-100.0%

$6,733-100.0%

$11,407-100.0%

TOMMY ROOTER PLUMBING INC 401(K) PROFIT SHARING PLAN & TRUST

Summary metrics

Benchmarksi

Analytics

Service providersi

Plan features & details

Opportunity flagsi

Audit opinioni

TOMMY ROOTER PLUMBING INC 401(K) PROFIT SHARING PLAN & TRUST

Summary metrics

Benchmarksi

Analytics

Service providersi

Plan features & details

Opportunity flagsi

Audit opinioni

Benchmarks

Service providers

Opportunity flags

Audit opinion

Benchmarks

Service providers

Opportunity flags

Audit opinion