Retirement plan

TRI-GAS & OIL CO., INC. 401(K) PROFIT SHARING PLAN AND TRUST

Name: TRI-GAS & OIL CO. INC. - TRI-GAS & OIL CO., INC. 401(K) PROFIT SHARING PLAN AND TRUST (2023) Form 5500
Creator: TRI-GAS & OIL CO. INC.
License: https://www.dol.gov/general/disclaim
Keywords: Form 5500, ERISA, retirement plan, TRI-GAS & OIL CO., INC. 401(K) PROFIT SHARING PLAN AND TRUST, TRI-GAS & OIL CO. INC.

TRI-GAS & OIL CO. INC.EIN 52-0784971Plan #002PY 2023

3941 FEDERALSBURG HWY - FEDERALSBURG, MD 216322620410-754-8184LinkedIn51-200 employeesoil & energy

Prospect flagsLow assets / participant

How to read this page

Total assets (EOY)

$9.4M

+25.1% from 2022

Total participants

294

-15.5% from 2022

Average account balance

$33,955

+52.2% from 2022

Annual return

17.92%

+35.57 pp from 2022

Benchmarks

See 1,360 peers

Peer group

Industry42 - Wholesale Trade

Plan typeDefined contribution

Participants250-999

Cohort1,360 peers

Snapshot2023

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

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Analytics

Total assets (EOY)

Plan-year ending balance

$12.25M

Not enough data

1 years with asset history on file

Average account balance

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

$44K

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.

277

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.

86.7%

Not enough data

1 years with eligibility data

Contributions (total)

Employer and participant dollars contributed each year

$1.48M

Not enough data

1 years with contributions on file

Contributions per participant

Average employer and participant contribution per enrolled participant

$5K

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

+15.35%

Not enough data

1 years with return on file

Admin fee / account holder

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

$193

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

See the 10-year trajectory. $4.99 for your first month.

Solo adds 10-year history, peer benchmarks, provider and welfare analytics, saves, and exports. Then $34.99 a month.

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Service providers

Top 10 of 12 by compensation

Provider	Service type	Compensation
T ROWE PRICE RPS INC4 years Filed as: T. ROWE PRICE RPS, INC. Service code 15 · EIN 52-1309931	Recordkeeping	$32,373
AMERICAN FUNDS4 years Service code 28 · EIN 95-1411037	Investment Management	$0
BLACKROCK4 years Filed as: BLACKROCK FUNDS Service code 28 · EIN 04-6171663	Investment Management	$0
DIMENSIONAL FUND ADVISORS4 years Filed as: DIMENSIONAL FUNDS Service code 28 · EIN 95-4507257	Investment Management	$0
FIDELITY INVESTMENTS INSTITUTIONAL4 years Filed as: FIDELITY FUNDS Service code 28 · EIN 04-2647786	Investment Management	$0
INVESCO4 years Filed as: INVESCO FUNDS Service code 28 · EIN 26-4521338	Investment Management	$0
JANUS HENDERSON4 years Filed as: JANUS FUNDS Service code 28 · EIN 43-1804048	Investment Management	$0
PIMCO FUNDS4 years Service code 28 · EIN 33-0629048	Investment Management	$0
PRUDENTIAL RETIREMENT INSURANCE AND4 years Filed as: PRUDENTIAL FUNDS Service code 28 · EIN 22-3703799	Investment Management	$0
T ROWE PRICE RPS INC4 years Filed as: T ROWE PRICE RPS, INC Service code 15	Recordkeeping	$0

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

1 tripped

OpportunityLow assets / participant
Assets per participant are in the bottom quintile of the peer cohort - savings-rate / match opportunity.

Expense breakdown

Schedule H Part II

Admin total

$32K

$124 / participant

Other / not subdivided$32K100.0%

% of EOY assets

0.344%

all-in expense ratio

Categories reported

0 / 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: FAW CASSON & CO.,LLP
Auditor EIN: 520619968
Audit fees: (not subdivided)
Opinion code: Unqualified

Look up a plan sponsor by EIN. Free Form 5500 search. No signup.

Metric

This plan

Peer set

Industry

Size

Avg account balance

$33,955

$91,372-62.8%

$129,995-73.9%

$74,419-54.4%

Participation rate

93.5%

77.8%+15.7pp

78.5%+15.0pp

70.7%+22.8pp

Annual return

17.92%

23.21%-5.3pp

-137.18%+155.1pp

34.38%-16.5pp

Employer contribution / active EE

$1,974

$2,563-23.0%

$4,320-54.3%

$2,637-25.2%

Participant deferral / active EE

$3,166

$4,721-32.9%

$5,820-45.6%

$4,528-30.1%

Admin fee / account holder

$117

$283-58.8%

$10,614-98.9%

$348-66.4%

Provider

Service type

Compensation

T ROWE PRICE RPS INC4 years

Filed as: T. ROWE PRICE RPS, INC.

Service code 15 · EIN 52-1309931

Recordkeeping

$32,373

AMERICAN FUNDS4 years

Service code 28 · EIN 95-1411037

Investment Management

BLACKROCK4 years

Filed as: BLACKROCK FUNDS

Service code 28 · EIN 04-6171663

Investment Management

DIMENSIONAL FUND ADVISORS4 years

Filed as: DIMENSIONAL FUNDS

Service code 28 · EIN 95-4507257

Investment Management

FIDELITY INVESTMENTS INSTITUTIONAL4 years

Filed as: FIDELITY FUNDS

Service code 28 · EIN 04-2647786

Investment Management

INVESCO4 years

Filed as: INVESCO FUNDS

Service code 28 · EIN 26-4521338

Investment Management

JANUS HENDERSON4 years

Filed as: JANUS FUNDS

Service code 28 · EIN 43-1804048

Investment Management

PIMCO FUNDS4 years

Service code 28 · EIN 33-0629048

Investment Management

PRUDENTIAL RETIREMENT INSURANCE AND4 years

Filed as: PRUDENTIAL FUNDS

Service code 28 · EIN 22-3703799

Investment Management

T ROWE PRICE RPS INC4 years

Filed as: T ROWE PRICE RPS, INC

Service code 15

Recordkeeping

TRI-GAS & OIL CO., INC. 401(K) PROFIT SHARING PLAN AND TRUST

Summary metrics

Benchmarksi

Analytics

Service providersi

Plan features & details

Opportunity flagsi

Expense breakdowni

Audit opinioni

TRI-GAS & OIL CO., INC. 401(K) PROFIT SHARING PLAN AND TRUST

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