Retirement plan

RETIREMENT SAVINGS PLAN OF WINSTON-SALEM TRANSIT AUTHORITY

Name: W-S SERVICE DIVISION OF TRANSDEV NORTH AMERICA, INC. - RETIREMENT SAVINGS PLAN OF WINSTON-SALEM TRANSIT AUTHORITY (2020) Form 5500
Creator: W-S SERVICE DIVISION OF TRANSDEV NORTH AMERICA, INC.
License: https://www.dol.gov/general/disclaim
Keywords: Form 5500, ERISA, retirement plan, RETIREMENT SAVINGS PLAN OF WINSTON-SALEM TRANSIT AUTHORITY, W-S SERVICE DIVISION OF TRANSDEV NORTH AMERICA, INC.

W-S SERVICE DIVISION OF TRANSDEV NORTH AMERICA, INC.EIN 52-1493194Plan #005PY 2020

P.O. BOX 2511 - WINSTON-SALEM, NC 271013818336-727-2648veoliatransdev.comLinkedIn5001-10000 employeesrailroad manufacture

Other plans on this EIN

2 filings

#011Retirement-$16.4M assets #007Retirement-$9.8M assets

Prospect flagsLow returns

How to read this page

Total assets (EOY)

$8.3M

+9.8% from 2019

Total participants

305

-9.0% from 2019

Average account balance

$30,524

+10.2% from 2019

Annual return

6.67%

-5.78 pp from 2019

Benchmarks

See 659 peers

Peer group

Industry48 - Transportation and Warehousing

Plan typeDefined contribution

Participants250-999

Cohort659 peers

Snapshot2020

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

Analytics

Total assets (EOY)

Plan-year ending balance

$8.30M

Not enough data

1 years with asset history on file

Average account balance

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

$31K

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.

272

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.

87.2%

Not enough data

1 years with eligibility data

Contributions (total)

Employer and participant dollars contributed each year

$698K

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

+6.67%

Not enough data

1 years with return on file

Admin fee / account holder

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

$153

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 2 by compensation

Provider	Service type	Compensation
WELLS FARGO BANK, N.A.6+ years Filed as: WELLS FARGO Service code 21 · EIN 56-6037687	Bank Trustee	$28,617
BKD, LLP5 years Filed as: DIXON HUGHES GOODMAN LLP Service code 10 · EIN 56-0747981 1829 EASTCHESTER DRIVE · HIGH POINT, NC 27265	Accounting	$13,100

Plan features & details

Pension benefit codes2E2J2K

Plan features

2E
Profit-sharing
Profit-sharing plan.
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.

Opportunity flags

1 tripped

OpportunityLow returns
Annual investment return is in the bottom quintile of the peer cohort.

Expense breakdown

Schedule H Part II

Admin total

$42K

$162 / participant

Contract admin$29K68.6%
Other / not subdivided$13K31.4%

% of EOY assets

0.502%

all-in expense ratio

Categories reported

1 / 9

subdivided buckets used

Audit opinion

Schedule H Part III

Disclaimer opinion

Auditor declined to express an opinion - usually a 103(a)(3)(C) limited-scope election.

Auditor firm: DIXON HUGHES GOODMAN LLP
Auditor EIN: 560747981
Audit fees: (not subdivided)
Opinion code: Disclaimer

Metric

This plan

Peer set

Industry

Size

Avg account balance

$30,524

$51,288-40.5%

$81,982-62.8%

$73,412-58.4%

Participation rate

87.2%

64.0%+23.2pp

69.3%+18.0pp

72.2%+15.0pp

Annual return

6.67%

29.48%-22.8pp

41.31%-34.6pp

59.30%-52.6pp

Employer contribution / active EE

$1,363

$1,487-8.4%

$2,498-45.5%

$2,234-39.0%

Participant deferral / active EE

$1,344

$2,715-50.5%

$3,722-63.9%

$3,806-64.7%

Admin fee / account holder

$153

$125+22.4%

$5,665-97.3%

$158-2.9%

Provider

Service type

Compensation

WELLS FARGO BANK, N.A.6+ years

Filed as: WELLS FARGO

Service code 21 · EIN 56-6037687

Bank Trustee

$28,617

BKD, LLP5 years

Filed as: DIXON HUGHES GOODMAN LLP

Service code 10 · EIN 56-0747981

1829 EASTCHESTER DRIVE · HIGH POINT, NC 27265

Accounting

$13,100

RETIREMENT SAVINGS PLAN OF WINSTON-SALEM TRANSIT AUTHORITY

Summary metrics

Benchmarksi

Analytics

Service providersi

Plan features & details

Opportunity flagsi

Expense breakdowni

Audit opinioni

RETIREMENT SAVINGS PLAN OF WINSTON-SALEM TRANSIT AUTHORITY

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