Retirement plan

T&K MACHINE RETIREMENT PLAN

Name: ANTHONY GALLIEN, INC. DBA T&K MACHINE - T&K MACHINE RETIREMENT PLAN (2023) Form 5500
Creator: ANTHONY GALLIEN, INC. DBA T&K MACHINE
License: https://www.dol.gov/general/disclaim
Keywords: Form 5500, ERISA, retirement plan, T&K MACHINE RETIREMENT PLAN, ANTHONY GALLIEN, INC. DBA T&K MACHINE

ANTHONY GALLIEN, INC. DBA T&K MACHINEEIN 46-4397127Plan #001PY 2023

257 WRIGHT BROTHERS AVENUE - LIVERMORE, CA 94551925-344-7092

Prospect flagsHigh fees

How to read this page

Total assets (EOY)

$609K

+55.7% from 2022

Total participants

-14.3% from 2022

Average account balance

$101,518

+81.7% from 2022

Annual return

22.32%

+46.52 pp from 2022

Benchmarks

See 22,651 peers

Peer group

Industry33 - Manufacturing

Plan typeDefined contribution

Participants<25

Cohort22,651 peers

Snapshot2023

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

Analytics

Total assets (EOY)

Plan-year ending balance

$964K

Not enough data

1 years with asset history on file

Average account balance

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

$161K

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

$101K

Not enough data

1 years with contributions on file

Contributions per participant

Average employer and participant contribution per enrolled participant

$17K

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

+11.80%

Not enough data

1 years with return on file

Admin fee / account holder

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

$2485

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 codes2G2J3D

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.
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

$29K

$5733 / participant

Other / not subdivided$29K100.0%

% of EOY assets

4.706%

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

$101,518

$110,307-8.0%

$96,576+5.1%

$139,456-27.2%

Participation rate

100.0%

78.1%+21.9pp

76.0%+24.0pp

80.3%+19.7pp

Annual return

22.32%

26.40%-4.1pp

25.87%-3.6pp

373.45%-351.1pp

Employer contribution / active EE

$17,267

$3,619+377.1%

$2,965+482.4%

$4,753+263.3%

Participant deferral / active EE

$12,787

$5,547+130.5%

$4,851+163.6%

$6,711+90.5%

Admin fee / account holder

$4,777

$11,597-58.8%

$8,253-42.1%

$11,407-58.1%

T&K MACHINE RETIREMENT PLAN

Summary metrics

Benchmarksi

Analytics

Service providersi

Plan features & details

Opportunity flagsi

Expense breakdowni

Audit opinioni

T&K MACHINE RETIREMENT 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