Retirement plan

TRUESCRIPTS MANAGEMENT SERVICES, LLC 401(K) PLAN

Name: TRUESCRIPTS MANAGEMENT SERVICES, LLC - TRUESCRIPTS MANAGEMENT SERVICES, LLC 401(K) PLAN (2022) 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 2022

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)

$7M

+7.0% from 2021

Total participants

125

+16.8% from 2021

Average account balance

$56,319

-10.1% from 2021

Annual return

-18.34%

-37.63 pp from 2021

Benchmarks

See 2,205 peers

Peer group

Industry44 - Retail Trade

Plan typeDefined contribution

Participants100-249

Cohort2,205 peers

Snapshot2022

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

$132K

$1170 / participant

Other / not subdivided$132K100.0%

% of EOY assets

1.878%

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

$56,319

$49,451+13.9%

$79,580-29.2%

$66,938-15.9%

Participation rate

100.0%

61.3%+38.7pp

69.5%+30.5pp

69.8%+30.2pp

Annual return

-18.34%

84.25%-102.6pp

0.15%-18.5pp

1.58%-19.9pp

Employer contribution / active EE

$8,769

$1,266+592.9%

$2,413+263.3%

$2,545+244.5%

Participant deferral / active EE

$7,168

$3,159+126.9%

$3,985+79.9%

$4,238+69.1%

Admin fee / account holder

$1,058

$595+77.9%

$6,835-84.5%

$594+78.2%

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