Retirement plan

TRUMBOWER FINANCIAL ADVISORS LLC EMPLOYEE SAVINGS PLAN

Name: TRUMBOWER FINANCIAL ADVISORS, LLC - TRUMBOWER FINANCIAL ADVISORS LLC EMPLOYEE SAVINGS PLAN (2019) Form 5500
Creator: TRUMBOWER FINANCIAL ADVISORS, LLC
License: https://www.dol.gov/general/disclaim
Keywords: Form 5500, ERISA, retirement plan, TRUMBOWER FINANCIAL ADVISORS LLC EMPLOYEE SAVINGS PLAN, TRUMBOWER FINANCIAL ADVISORS, LLC

TRUMBOWER FINANCIAL ADVISORS, LLCEIN 52-1972696Plan #003PY 2019

3 BETHESDA METRO CTR STE 340 - BETHESDA, MD 208146419301-215-8341trufinancial.comLinkedIn1-10 employeesfinancial services

Prospect flagsHigh assets / participantLow fidelity bond

How to read this page

Total assets (EOY)

$5M

+32.5% from 2018

Total participants

0.0% from 2018

Average account balance

$495,560

+32.5% from 2018

Annual return

22.16%

+32.59 pp from 2018

Benchmarks

See 119,329 peers

Peer group

Industry54 - Professional, Scientific, and Technical Services

Plan typeDefined contribution

Participants<25

Cohort119,329 peers

Snapshot2019

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

Analytics

Total assets (EOY)

Plan-year ending balance

$9.86M

Not enough data

1 years with asset history on file

Average account balance

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

$896K

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.

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.

100.0%

Not enough data

1 years with eligibility data

Contributions (total)

Employer and participant dollars contributed each year

$601K

Not enough data

1 years with contributions on file

Contributions per participant

Average employer and participant contribution per enrolled participant

$55K

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

+14.06%

Not enough data

1 years with return on file

Admin fee / account holder

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

$159

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

0 years with F_SCH_H allocation on file

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

Service providers

Providers data not reported

Schedule C was not filed on this plan's most recent Form 5500, so no compensated service providers are available to display.

Plan features & details

Pension benefit codes2E2G2J

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.

Opportunity flags

2 tripped

ComplianceLow fidelity bond
Fidelity bond coverage is below the ERISA section 412 10%-of-assets minimum (capped at $500,000).
InformationalHigh assets / participant
Assets per participant exceed $250,000 - top-decile high-value plan.

Expense breakdown

Schedule H Part II

Admin total

$2K

$175 / participant

Other / not subdivided$2K100.0%

% of EOY assets

0.032%

all-in expense ratio

Categories reported

0 / 9

subdivided buckets used

Audit opinion

Schedule H Part III

No opinion code on file for this filing.

Auditor firm: (not reported)
Auditor EIN: -
Audit fees: (not subdivided)
Opinion code: -

Metric

This plan

Peer set

Industry

Size

Avg account balance

$495,560

$157,304+215.0%

$141,197+251.0%

$152,909+224.1%

Participation rate

100.0%

84.8%+15.2pp

82.5%+17.5pp

Annual return

22.16%

64.34%-42.2pp

71.41%-49.2pp

345.46%-323.3pp

Employer contribution / active EE

$24,033

$5,263+356.7%

$4,736+407.4%

$4,764+404.5%

Participant deferral / active EE

$18,963

$7,111+166.7%

$6,710+182.6%

$5,851+224.1%

Admin fee / account holder

$157

$12,126-98.7%

$10,265-98.5%

$11,601-98.6%

TRUMBOWER FINANCIAL ADVISORS LLC EMPLOYEE SAVINGS PLAN

Summary metrics

Benchmarksi

Analytics

Service providersi

Plan features & details

Opportunity flagsi

Expense breakdowni

Audit opinioni

TRUMBOWER FINANCIAL ADVISORS LLC EMPLOYEE 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