Retirement plan

TRIANGLE BRICK COMPANY INCENTIVE SAVINGS AND RETIREMENT PLAN

Name: TRIANGLE BRICK COMPANY - TRIANGLE BRICK COMPANY INCENTIVE SAVINGS AND RETIREMENT PLAN (2021) Form 5500
Creator: TRIANGLE BRICK COMPANY
License: https://www.dol.gov/general/disclaim
Keywords: Form 5500, ERISA, retirement plan, TRIANGLE BRICK COMPANY INCENTIVE SAVINGS AND RETIREMENT PLAN, TRIANGLE BRICK COMPANY

TRIANGLE BRICK COMPANYEIN 56-0691893Plan #003PY 2021

6523 NC HIGHWAY 55 - DURHAM, NC 277139413919-544-1796trianglebrick.comLinkedIn201-500 employeesbuilding materials

Prospect flagsNo flags tripped

How to read this page

Total assets (EOY)

$20.6M

+13.4% from 2020

Total participants

235

+4.9% from 2020

Average account balance

$99,503

+11.7% from 2020

Annual return

14.81%

+4.59 pp from 2020

Benchmarks

See 1,879 peers

Peer group

Industry32 - Manufacturing

Plan typeDefined contribution

Participants100-249

Cohort1,879 peers

Snapshot2021

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

Analytics

Total assets (EOY)

Plan-year ending balance

$21.52M

Not enough data

1 years with asset history on file

Average account balance

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

$67K

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.

319

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.

90.6%

Not enough data

1 years with eligibility data

Contributions (total)

Employer and participant dollars contributed each year

$1.96M

Not enough data

1 years with contributions on file

Contributions per participant

Average employer and participant contribution per enrolled participant

$7K

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

+13.48%

Not enough data

1 years with return on file

Admin fee / account holder

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

$37

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

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 codes2E2F2G2J2T3D3F

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.
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.
3F
Leased employees
Plan sponsor(s) received services of leased employees as defined in Code section 414(n) during the plan year.

Opportunity flags

0 tripped

No flags tripped for this filing year. This plan looks clean.

Expense breakdown

Schedule H Part II

Admin total

$5K

$23 / participant

Contract admin$5K100.0%

% of EOY assets

0.023%

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: FORVIS, LLP
Auditor EIN: 440160260
Audit fees: (not subdivided)
Opinion code: Unqualified

Metric

This plan

Peer set

Industry

Size

Avg account balance

$99,503

$79,438+25.3%

$106,554-6.6%

$79,389+25.3%

Participation rate

86.7%

74.2%+12.6pp

76.1%+10.6pp

70.7%+16.0pp

Annual return

14.81%

18.27%-3.5pp

26.80%-12.0pp

116.89%-102.1pp

Employer contribution / active EE

$2,415

$2,235+8.0%

$2,819-14.4%

$2,428-0.6%

Participant deferral / active EE

$4,278

$3,824+11.9%

$4,398-2.7%

$4,046+5.7%

Admin fee / account holder

$23

$523-95.6%

$7,408-99.7%

$626-96.3%

TRIANGLE BRICK COMPANY INCENTIVE SAVINGS AND RETIREMENT PLAN

Summary metrics

Benchmarksi

Analytics

Service providersi

Plan features & details

Opportunity flagsi

Expense breakdowni

Audit opinioni

TRIANGLE BRICK COMPANY INCENTIVE SAVINGS AND RETIREMENT 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