Retirement plan

TALBERT BUILDING SUPPLY 401(K) PLAN AND TRUST

Name: TALBERT BUILDING SUPPLY, INC. - TALBERT BUILDING SUPPLY 401(K) PLAN AND TRUST (2023) Form 5500
Creator: TALBERT BUILDING SUPPLY, INC.
License: https://www.dol.gov/general/disclaim
Keywords: Form 5500, ERISA, retirement plan, TALBERT BUILDING SUPPLY 401(K) PLAN AND TRUST, TALBERT BUILDING SUPPLY, INC.

TALBERT BUILDING SUPPLY, INC.EIN 56-1678963Plan #002PY 2023

1101 OLD DURHAM ROAD - ROXBORO, NC 27573336-599-1135talbertbuildingsupply.comLinkedIn201-500 employeesbuilding materials

Prospect flagsFailed to transmit contributions

How to read this page

Total assets (EOY)

$6.7M

+48.6% from 2022

Total participants

197

+10.7% from 2022

Average account balance

$38,028

-7.4% from 2022

Annual return

21.21%

+34.06 pp from 2022

Benchmarks

See 2,285 peers

Peer group

Industry44 - Retail Trade

Plan typeDefined contribution

Participants100-249

Cohort2,285 peers

Snapshot2023

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

Analytics

Total assets (EOY)

Plan-year ending balance

$8.79M

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.

201

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.

92.4%

Not enough data

1 years with eligibility data

Contributions (total)

Employer and participant dollars contributed each year

$1.45M

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

+13.95%

Not enough data

1 years with return on file

Admin fee / account holder

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

$275

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

Top 3 by compensation

Provider	Service type	Compensation
COLDSTREAM WEALTH MANAGEMENT1 year Service code 27 520 KIRKLAND WAY · KIRKLAND, WA 98033	Advisory (Plan)	$10,080
BRINKER CAPITAL1 year Filed as: BRINKER CAPITAL INVESTMENTS, LLC Service code 28 1055 WESTLAKES DR STE · BERWYN, PA 19312	Investment Management	$7,255
PCS RETIREMENT, LLC1 year Filed as: PCS RETIREMENT Service code 12 · EIN 23-3038464	Recordkeeping fees; Participant commu...	$5,803

Plan features & details

Pension benefit codes2E2J2K2F2G3D3H

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.
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

ComplianceFailed to transmit contributions
Form 5500 reported a failure to timely transmit participant contributions (Schedule H line 4a).

Expense breakdown

Schedule H Part II

Admin total

$35K

$185 / participant

Investment mgmt$17K49.7%
Contract admin$18K50.3%

% of EOY assets

0.524%

all-in expense ratio

Categories reported

2 / 9

subdivided buckets used

Audit opinion

Schedule H Part III

Unqualified opinion

Auditor signed off without reservation - the cleanest possible opinion.

Auditor firm: BLACKMAN & SLOOP, CPAS, P.A
Auditor EIN: 561304727
Audit fees: (not subdivided)
Opinion code: Unqualified

Metric

This plan

Peer set

Industry

Size

Avg account balance

$38,028

$54,717-30.5%

$86,209-55.9%

$71,495-46.8%

Participation rate

88.3%

60.1%+28.2pp

69.0%+19.3pp

67.9%+20.4pp

Annual return

21.21%

20.07%+1.1pp

1169.05%-1147.8pp

28.85%-7.6pp

Employer contribution / active EE

$2,760

$1,267+117.9%

$2,381+15.9%

$2,589+6.6%

Participant deferral / active EE

$4,229

$3,110+36.0%

$3,986+6.1%

$4,291-1.4%

Admin fee / account holder

$199

$1,922-89.6%

$6,853-97.1%

$1,588-87.5%

Provider

Service type

Compensation

COLDSTREAM WEALTH MANAGEMENT1 year

Service code 27

520 KIRKLAND WAY · KIRKLAND, WA 98033

Advisory (Plan)

$10,080

BRINKER CAPITAL1 year

Filed as: BRINKER CAPITAL INVESTMENTS, LLC

Service code 28

1055 WESTLAKES DR STE · BERWYN, PA 19312

Investment Management

$7,255

PCS RETIREMENT, LLC1 year

Filed as: PCS RETIREMENT

Service code 12 · EIN 23-3038464

Recordkeeping fees; Participant commu...

$5,803

TALBERT BUILDING SUPPLY 401(K) PLAN AND TRUST

Summary metrics

Benchmarksi

Analytics

Service providersi

Plan features & details

Opportunity flagsi

Expense breakdowni

Audit opinioni

TALBERT BUILDING SUPPLY 401(K) 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