Retirement plan

TUNNELL COMPANIES, L.P. 401(K) PROFIT SHARING PLAN

Name: TUNNELL COMPANIES, LP - TUNNELL COMPANIES, L.P. 401(K) PROFIT SHARING PLAN (2024) Form 5500
Creator: TUNNELL COMPANIES, LP
License: https://www.dol.gov/general/disclaim
Keywords: Form 5500, ERISA, retirement plan, TUNNELL COMPANIES, L.P. 401(K) PROFIT SHARING PLAN, TUNNELL COMPANIES, LP

TUNNELL COMPANIES, LPEIN 51-0262321Plan #001PY 2024

34026 ANNAS WAY UNIT 1 - LONG NECK, DE 199663213302-945-9300LinkedIn201-500 employeesreal estate

Prospect flagsLow returnsHigh fees

How to read this page

Total assets (EOY)

$21.9M

+11.2% from 2023

Total participants

353

+9.0% from 2023

Average account balance

$62,103

+2.4% from 2023

Annual return

10.51%

-4.70 pp from 2023

Benchmarks

See 1,094 peers

Peer group

Industry53 - Real Estate and Rental and Leasing

Plan typeDefined contribution

Participants100-249

Cohort1,094 peers

Snapshot2024

See peer percentile detail. $4.99 for your first month.

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Analytics

Total assets (EOY)

Plan-year ending balance

$21.86M

Not enough data

1 years with asset history on file

Average account balance

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

$62K

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.

352

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.

99.6%

Not enough data

1 years with eligibility data

Contributions (total)

Employer and participant dollars contributed each year

$1.95M

Not enough data

1 years with contributions on file

Contributions per participant

Average employer and participant contribution per enrolled participant

$8K

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

+10.51%

Not enough data

1 years with return on file

Admin fee / account holder

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

$320

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

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Service providers

Top 4 by compensation

Provider	Service type	Compensation
FIDELITY INVESTMENTS INSTITUTIONAL6 years Filed as: FIDELITY INVESTMENTS INST OPERATION Service code 37 · EIN 04-2647786	Loan Processing	$49,375
ADKADIOS WEALTH ADVISORS4 years Service code 26 · EIN 82-1659517 309 EAST PACES FERRY ROAD · ATLANTA, GA 30305	Advisory (Participants)	$23,332
JEFFERSON URIAN DOANE & STERNER, PA6 years Service code 10 · EIN 51-0212284	Accounting	$20,450
OSAIC WEALTH INC1 year Filed as: OSAIC FA INC Service code 27 · EIN 35-1151034	Advisory (Plan)	$19,397

Plan features & details

Pension benefit codes2E2F2G2J2K2S2T3D3H

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.
2S
Automatic enrollment
Plan provides for automatic enrollment in plan that has elective contributions deducted from payroll.
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

2 tripped

OpportunityHigh fees
Administrative expenses exceed $300 per participant per year - possible fee-review opportunity. (Recordkeeping / audit / legal; excludes investment management.)
OpportunityLow returns
Annual investment return is in the bottom quintile of the peer cohort.

Expense breakdown

Schedule H Part II

Admin total

$113K

$485 / participant

Recordkeeping$42K37.2%
Investment mgmt$19K17.2%
Other / not subdivided$51K45.6%

% of EOY assets

0.515%

all-in expense ratio

Categories reported

2 / 9

subdivided buckets used

Audit opinion

Schedule H Part III

Unqualified opinion

The auditor signed off without reservation. This is the cleanest opinion.

Auditor firm: JEFFERSON URIAN DOANE & STERNER, PA
Auditor EIN: 510212284
Audit fees: $20,450
Opinion code: Unqualified

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Metric

This plan

Peer set

Industry

Size

Avg account balance

$62,103

$73,360-15.3%

$177,989-65.1%

$74,495-16.6%

Participation rate

99.6%

66.6%+33.0pp

77.1%+22.5pp

67.2%+32.4pp

Annual return

10.51%

17.49%-7.0pp

294.48%-284.0pp

1364.94%-1354.4pp

Employer contribution / active EE

$3,613

$2,216+63.0%

$3,949-8.5%

$2,623+37.8%

Participant deferral / active EE

$4,795

$4,513+6.2%

$6,276-23.6%

$4,346+10.3%

Admin fee / account holder

$320

$1,808-82.3%

$10,363-96.9%

$1,942-83.5%

Provider

Service type

Compensation

FIDELITY INVESTMENTS INSTITUTIONAL6 years

Filed as: FIDELITY INVESTMENTS INST OPERATION

Service code 37 · EIN 04-2647786

Loan Processing

$49,375

ADKADIOS WEALTH ADVISORS4 years

Service code 26 · EIN 82-1659517

309 EAST PACES FERRY ROAD · ATLANTA, GA 30305

Advisory (Participants)

$23,332

JEFFERSON URIAN DOANE & STERNER, PA6 years

Service code 10 · EIN 51-0212284

Accounting

$20,450

OSAIC WEALTH INC1 year

Filed as: OSAIC FA INC

Service code 27 · EIN 35-1151034

Advisory (Plan)

$19,397

TUNNELL COMPANIES, L.P. 401(K) PROFIT SHARING PLAN

Summary metrics

Benchmarksi

Analytics

Service providersi

Plan features & details

Opportunity flagsi

Expense breakdowni

Audit opinioni

TUNNELL COMPANIES, L.P. 401(K) PROFIT SHARING 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