Retirement plan

TCW RETIREMENT PLAN

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

TCW ADMIN, INC.EIN 47-2418521Plan #001PY 2024

22 STANLEY STREET - NASHVILLE, TN 372102133615-255-1122

Prospect flagsLow returnsLow employer contributionCorrective distributions

How to read this page

Total assets (EOY)

$19.5M

+9.6% from 2023

Total participants

722

-3.3% from 2023

Average account balance

$27,334

+12.2% from 2023

Annual return

10.75%

-4.20 pp from 2023

Benchmarks

See 679 peers

Peer group

Industry48 - Transportation and Warehousing

Plan typeDefined contribution

Participants250-999

Cohort679 peers

Snapshot2024

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

Analytics

Total assets (EOY)

Plan-year ending balance

$19.54M

Not enough data

1 years with asset history on file

Average account balance

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

$27K

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.

715

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.

98.7%

Not enough data

1 years with eligibility data

Contributions (total)

Employer and participant dollars contributed each year

$1.71M

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

+10.75%

Not enough data

1 years with return on file

Admin fee / account holder

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

$214

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 4 by compensation

Provider	Service type	Compensation
GIBSON CAPITAL, LLC8 years Filed as: GIBSON CAPITAL Service code 26 6600 BROOKTREE COURT · WEXFORD, PA 15090	Advisory (Participants)	$71,952
THE VANGUARD GROUP, INC.8 years Filed as: THE VANGUARD GROUP Service code 15 · EIN 23-1945930	Recordkeeping	$55,550
ASCENSUS LLC10+ years Filed as: ACCESS RETIREMENT SERVICES, LLC Service code 49 · EIN 62-1700633	Other Services	$22,200
MULLINS, CLEMMONS, & MAYES PLLC7 years Service code 10 340 SEVEN SPRINGS WAY, STE. 720 · BRENTWOOD, TN 37027	Accounting	$14,500

Plan features & details

Pension benefit codes2E2F2G2J2K2T3D3H

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.
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.
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

3 tripped

OpportunityLow employer contribution
Employer contribution per participant is in the bottom quintile of the peer cohort.
OpportunityLow returns
Annual investment return is in the bottom quintile of the peer cohort.
ComplianceCorrective distributions
Plan reported corrective distributions (failed ADP/ACP testing).

Expense breakdown

Schedule H Part II

Admin total

$153K

$294 / participant

Investment mgmt$91K59.3%
Other / not subdivided$62K40.7%

% of EOY assets

0.782%

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: MULLINS, CLEMMONS & MAYES, PLLC
Auditor EIN: 621409003
Audit fees: (not subdivided)
Opinion code: Unqualified

Metric

This plan

Peer set

Industry

Size

Avg account balance

$27,334

$55,458-50.7%

$76,030-64.0%

$77,762-64.8%

Participation rate

98.7%

63.6%+35.1pp

69.1%+29.6pp

70.6%+28.1pp

Annual return

10.75%

17.10%-6.3pp

361.54%-350.8pp

31.27%-20.5pp

Employer contribution / active EE

$242

$1,792-86.5%

$2,688-91.0%

$2,728-91.1%

Participant deferral / active EE

$3,047

$3,454-11.8%

$4,257-28.4%

$4,651-34.5%

Admin fee / account holder

$214

$411-48.0%

$6,421-96.7%

$433-50.6%

Provider

Service type

Compensation

GIBSON CAPITAL, LLC8 years

Filed as: GIBSON CAPITAL

Service code 26

6600 BROOKTREE COURT · WEXFORD, PA 15090

Advisory (Participants)

$71,952

THE VANGUARD GROUP, INC.8 years

Filed as: THE VANGUARD GROUP

Service code 15 · EIN 23-1945930

Recordkeeping

$55,550

ASCENSUS LLC10+ years

Filed as: ACCESS RETIREMENT SERVICES, LLC

Service code 49 · EIN 62-1700633

Other Services

$22,200

MULLINS, CLEMMONS, & MAYES PLLC7 years

Service code 10

340 SEVEN SPRINGS WAY, STE. 720 · BRENTWOOD, TN 37027

Accounting

$14,500

TCW RETIREMENT PLAN

Summary metrics

Benchmarksi

Analytics

Service providersi

Plan features & details

Opportunity flagsi

Expense breakdowni

Audit opinioni

TCW 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