Retirement plan

T & D MACHINE HANDLING, INC. 401(K) PROFIT SHARING PLAN

Name: T & D MACHINE HANDLING, INC. - T & D MACHINE HANDLING, INC. 401(K) PROFIT SHARING PLAN (2017) Form 5500
Creator: T & D MACHINE HANDLING, INC.
License: https://www.dol.gov/general/disclaim
Keywords: Form 5500, ERISA, retirement plan, T & D MACHINE HANDLING, INC. 401(K) PROFIT SHARING PLAN, T & D MACHINE HANDLING, INC.

T & D MACHINE HANDLING, INC.EIN 58-1630426Plan #001PY 2017

3590 TROTTER DRIVE - ALPHARETTA, GA 30004770-751-0073tanddmachine.comLinkedIn11-50 employeespackage/freight delivery

Prospect flagsLow returnsHigh fees

How to read this page

Total assets (EOY)

$1.6M

-54.3% from 2016

Total participants

-5.3% from 2016

Average account balance

$32,249

-51.5% from 2016

Annual return

7.48%

+1.66 pp from 2016

Benchmarks

See 3,497 peers

Peer group

Industry48 - Transportation and Warehousing

Plan typeDefined contribution

Participants25-99

Cohort3,497 peers

Snapshot2017

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

Analytics

Total assets (EOY)

Plan-year ending balance

$3.04M

Not enough data

1 years with asset history on file

Average account balance

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

$52K

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.

214.8%

Not enough data

1 years with eligibility data

Contributions (total)

Employer and participant dollars contributed each year

$205K

Not enough data

1 years with contributions on file

Contributions per participant

Average employer and participant contribution per enrolled participant

$8K

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

+10.80%

Not enough data

1 years with return on file

Admin fee / account holder

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

$1060

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 codes2E2G2J3D

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.
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.

Opportunity flags

2 tripped

OpportunityHigh fees
Administrative expenses exceed $300 per participant per year - possible fee-review opportunity. (Recordkeeping / audit / legal; excludes investment management.)
OpportunityLow returns
Annual investment return is in the bottom quintile of the peer cohort.

Expense breakdown

Schedule H Part II

Admin total

$2.3M

$78919 / participant

Other / not subdivided$2M100.0%

% of EOY assets

141.934%

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

$32,249

$52,580-38.7%

$71,671-55.0%

$70,131-54.0%

Participation rate

86.2%

60.9%+25.3pp

68.7%+17.5pp

69.5%+16.7pp

Annual return

7.48%

20.25%-12.8pp

20.65%-13.2pp

73.14%-65.7pp

Employer contribution / active EE

$1,775

$1,616+9.9%

$2,460-27.8%

$2,342-24.2%

Participant deferral / active EE

$1,858

$2,386-22.2%

$3,438-46.0%

$3,332-44.2%

Admin fee / account holder

$45,773

$3,653+1153.1%

$5,558+723.5%

$4,645+885.3%

T & D MACHINE HANDLING, INC. 401(K) PROFIT SHARING PLAN

Summary metrics

Benchmarksi

Analytics

Service providersi

Plan features & details

Opportunity flagsi

Expense breakdowni

Audit opinioni

T & D MACHINE HANDLING, INC. 401(K) PROFIT SHARING 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