Retirement plan

TROTTER, INC. 401(K) PLAN

Name: TROTTER, INC. - TROTTER, INC. 401(K) PLAN (2024) Form 5500
Creator: TROTTER, INC.
License: https://www.dol.gov/general/disclaim
Keywords: Form 5500, ERISA, retirement plan, TROTTER, INC. 401(K) PLAN, TROTTER, INC.

TROTTER, INC.EIN 47-0580954Plan #001PY 2024

PO BOX 158 - ARCADIA, NE 68815308-789-6200

Prospect flagsNo flags tripped

How to read this page

Total assets (EOY)

$8.8M

+15.3% from 2023

Total participants

250

-8.1% from 2023

Average account balance

$45,080

+24.7% from 2023

Annual return

11.08%

-2.61 pp from 2023

Benchmarks

See 574 peers

Peer group

Industry11 - Agriculture, Forestry, Fishing and Hunting

Plan typeDefined contribution

Participants100-249

Cohort574 peers

Snapshot2024

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

Analytics

Total assets (EOY)

Plan-year ending balance

$8.84M

Not enough data

1 years with asset history on file

Average account balance

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

$45K

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.

196

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.

77.1%

Not enough data

1 years with eligibility data

Contributions (total)

Employer and participant dollars contributed each year

$738K

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

+11.08%

Not enough data

1 years with return on file

Admin fee / account holder

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

$163

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

Top 5 by compensation

Provider	Service type	Compensation
SECURITIES AMERICA INC1 year Filed as: SECURITIES AMERICA, INC. Service code 26 12325 PORT GRACE BLVD · LA VISTA, NE 681288204	Advisory (Participants)	$17,195
ASCENSUS LLC3 years Filed as: FUTUREPLAN BY ASCENSUS Service code 15 1102 CHESTNUT HILLS PRKWY · FT WAYNE, IN 46814	Recordkeeping	$11,990
ASCENSUS LLC1 year Filed as: ACENSUS Service code 15 · EIN 11-3665754	Recordkeeping	$6,872
MESIROW FINANCIAL INVESTMENT MANAGE1 year Filed as: MESIROW Service code 26 · EIN 36-3429599	Advisory (Participants)	$1,125
UNITED OF OMAHA2 years Service code 64 · EIN 47-0246511	Recordkeeping Fees	$835

Plan features & details

Pension benefit codes2E2J2K2F2G3D3H

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.
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.
3H
Controlled group member
Plan sponsor(s) is (are) a member(s) of a controlled group (Code sections 414(b) (c) or (m)).

Opportunity flags

0 tripped

No flags tripped for this filing year. This plan looks clean.

Expense breakdown

Schedule H Part II

Admin total

$32K

$136 / participant

Contract admin$32K100.0%

% of EOY assets

0.362%

all-in expense ratio

Categories reported

1 / 9

subdivided buckets used

Audit opinion

Schedule H Part III

Unqualified opinion

Auditor signed off without reservation - the cleanest possible opinion.

Auditor firm: GRAFTON & ASSOCIATES, PC
Auditor EIN: 823725220
Audit fees: $0
Opinion code: Unqualified

Metric

This plan

Peer set

Industry

Size

Avg account balance

$45,080

$62,409-27.8%

$120,574-62.6%

$74,459-39.5%

Participation rate

77.1%

56.8%+20.3pp

71.9%+5.2pp

67.2%+9.9pp

Annual return

11.08%

18.62%-7.5pp

107.42%-96.3pp

1369.70%-1358.6pp

Employer contribution / active EE

$857

$1,847-53.6%

$3,471-75.3%

$2,626-67.4%

Participant deferral / active EE

$2,269

$2,888-21.4%

$4,996-54.6%

$4,350-47.8%

Admin fee / account holder

$163

$2,394-93.2%

$9,445-98.3%

$1,945-91.6%

Provider

Service type

Compensation

SECURITIES AMERICA INC1 year

Filed as: SECURITIES AMERICA, INC.

Service code 26

12325 PORT GRACE BLVD · LA VISTA, NE 681288204

Advisory (Participants)

$17,195

ASCENSUS LLC3 years

Filed as: FUTUREPLAN BY ASCENSUS

Service code 15

1102 CHESTNUT HILLS PRKWY · FT WAYNE, IN 46814

Recordkeeping

$11,990

ASCENSUS LLC1 year

Filed as: ACENSUS

Service code 15 · EIN 11-3665754

Recordkeeping

$6,872

MESIROW FINANCIAL INVESTMENT MANAGE1 year

Filed as: MESIROW

Service code 26 · EIN 36-3429599

Advisory (Participants)

$1,125

UNITED OF OMAHA2 years

Service code 64 · EIN 47-0246511

Recordkeeping Fees

$835

TROTTER, INC. 401(K) PLAN

Summary metrics

Benchmarksi

Analytics

Service providersi

Plan features & details

Opportunity flagsi

Expense breakdowni

Audit opinioni

TROTTER, INC. 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