Retirement plan

TRUESCRIPTS MANAGEMENT SERVICES, LLC 401(K) PLAN

Name: TRUESCRIPTS MANAGEMENT SERVICES, LLC - TRUESCRIPTS MANAGEMENT SERVICES, LLC 401(K) PLAN (2020) Form 5500
Creator: TRUESCRIPTS MANAGEMENT SERVICES, LLC
License: https://www.dol.gov/general/disclaim
Keywords: Form 5500, ERISA, retirement plan, TRUESCRIPTS MANAGEMENT SERVICES, LLC 401(K) PLAN, TRUESCRIPTS MANAGEMENT SERVICES, LLC

TRUESCRIPTS MANAGEMENT SERVICES, LLCEIN 46-4334244Plan #001PY 2020

513 E SOUTH STREET, PO BOX 921 - WASHINGTON, IN 47501812-257-1955truescripts.comLinkedIn51-200 employeespharmaceuticals

Prospect flagsHigh fees

How to read this page

Total assets (EOY)

$4.7M

+49.1% from 2019

Total participants

+50.8% from 2019

Average account balance

$51,258

-4.4% from 2019

Annual return

21.36%

-3.58 pp from 2019

Benchmarks

See 9,301 peers

Peer group

Industry44 - Retail Trade

Plan typeDefined contribution

Participants25-99

Cohort9,301 peers

Snapshot2020

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

Analytics

Total assets (EOY)

Plan-year ending balance

$13.85M

Not enough data

1 years with asset history on file

Average account balance

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

$74K

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.

188

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.

95.2%

Not enough data

1 years with eligibility data

Contributions (total)

Employer and participant dollars contributed each year

$2.19M

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

+15.08%

Not enough data

1 years with return on file

Admin fee / account holder

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

$151

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

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 codes2E2G2J3D

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.
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

1 tripped

OpportunityHigh fees
Administrative expenses exceed $300 per participant per year - possible fee-review opportunity. (Recordkeeping / audit / legal; excludes investment management.)

Expense breakdown

Schedule H Part II

Admin total

$97K

$1390 / participant

Other / not subdivided$97K100.0%

% of EOY assets

2.063%

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

$51,258

$65,027-21.2%

$90,970-43.7%

$79,852-35.8%

Participation rate

100.0%

61.6%+38.4pp

69.0%+31.0pp

69.6%+30.4pp

Annual return

21.36%

30.45%-9.1pp

134.58%-113.2pp

31.72%-10.4pp

Employer contribution / active EE

$7,567

$1,247+506.6%

$2,122+256.5%

$2,471+206.2%

Participant deferral / active EE

$6,362

$2,512+153.3%

$3,373+88.6%

$3,740+70.1%

Admin fee / account holder

$1,057

$4,535-76.7%

$5,960-82.3%

$5,306-80.1%

TRUESCRIPTS MANAGEMENT SERVICES, LLC 401(K) PLAN

Summary metrics

Benchmarksi

Analytics

Service providersi

Plan features & details

Opportunity flagsi

Expense breakdowni

Audit opinioni

TRUESCRIPTS MANAGEMENT SERVICES, 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