Retirement plan

TAILORED BRANDS 401(K) SAVINGS PLAN

Name: TAILORED SHARED SERVICES, LLC - TAILORED BRANDS 401(K) SAVINGS PLAN (2016) Form 5500
Creator: TAILORED SHARED SERVICES, LLC
License: https://www.dol.gov/general/disclaim
Keywords: Form 5500, ERISA, retirement plan, TAILORED BRANDS 401(K) SAVINGS PLAN, TAILORED SHARED SERVICES, LLC

TAILORED SHARED SERVICES, LLCEIN 47-4894752Plan #001PY 2016

6380 ROGERDALE ROAD - HOUSTON, TX 77072281-776-7000

Prospect flagsLow participationLow employer contributionCorrective distributions

How to read this page

Total assets (EOY)

$225.8M

-10.1% from 2017

Total participants

18,263

+10.6% from 2017

Average account balance

$34,735

-15.7% from 2017

Annual return

35.60%

+22.68 pp from 2017

Benchmarks

See 90 peers

Peer group

Industry44 - Retail Trade

Plan typeDefined contribution

Participants>=10,000

Cohort90 peers

Snapshot2016

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

Analytics

Total assets (EOY)

Plan-year ending balance

$265.30M

Not enough data

1 years with asset history on file

Average account balance

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

$57K

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.

4,636

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.

38.5%

Not enough data

1 years with eligibility data

Contributions (total)

Employer and participant dollars contributed each year

$22.13M

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

+12.13%

Not enough data

1 years with return on file

Admin fee / account holder

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

$116

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
T ROWE PRICE RPS INC1+ years Filed as: T ROWE PRICE RPS, INC Service code 15 100 EAST PRATT STREET · BALTIMORE, MD 21202	Recordkeeping	$72,644
GREAT-WEST LIFE & ANNUITY INSURANCE1+ years Filed as: GREAT WEST LIFE & ANNUITY INSURANCE Service code 15 · EIN 84-0467907	Recordkeeping	$5,400
GREAT-WEST LIFE & ANNUITY INSURANCE1+ years Service code 15	Recordkeeping	$0
T ROWE PRICE RPS INC1+ years Filed as: T. ROWE PRICE RPS, INC Service code 15	Recordkeeping	$0

Plan features & details

Pension benefit codes2E2G2J2K2T3H

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.
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.
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 participation
Participation rate is below 70% (account-balance holders / active employees) - enrollment or auto-enroll opportunity.
OpportunityLow employer contribution
Employer contribution per participant 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

$73K

$4 / participant

Investment mgmt$73K100.0%

% of EOY assets

0.032%

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: MCCONNELL & JONES LLP
Auditor EIN: 760488832
Audit fees: (not subdivided)
Opinion code: Unqualified

Metric

This plan

Peer set

Industry

Size

Avg account balance

$34,735

$38,963-10.9%

$71,793-51.6%

$329,111-89.4%

Participation rate

31.1%

53.8%-22.7pp

69.1%-38.0pp

67.9%-36.8pp

Annual return

35.60%

9.85%+25.8pp

78.04%-42.4pp

16.35%+19.2pp

Employer contribution / active EE

$69

$758-90.9%

$1,924-96.4%

$2,303-97.0%

Participant deferral / active EE

$791

$1,286-38.5%

$2,794-71.7%

$3,682-78.5%

Admin fee / account holder

$11

$50-77.9%

$4,815-99.8%

$754-98.5%

Provider

Service type

Compensation

T ROWE PRICE RPS INC1+ years

Filed as: T ROWE PRICE RPS, INC

Service code 15

100 EAST PRATT STREET · BALTIMORE, MD 21202

Recordkeeping

$72,644

GREAT-WEST LIFE & ANNUITY INSURANCE1+ years

Filed as: GREAT WEST LIFE & ANNUITY INSURANCE

Service code 15 · EIN 84-0467907

Recordkeeping

$5,400

GREAT-WEST LIFE & ANNUITY INSURANCE1+ years

Service code 15

Recordkeeping

T ROWE PRICE RPS INC1+ years

Filed as: T. ROWE PRICE RPS, INC

Service code 15

Recordkeeping

TAILORED BRANDS 401(K) SAVINGS PLAN

Summary metrics

Benchmarksi

Analytics

Service providersi

Plan features & details

Opportunity flagsi

Expense breakdowni

Audit opinioni

TAILORED BRANDS 401(K) SAVINGS 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