Retirement plan

TY, INC. EMPLOYEES 401K PROFIT SHARING PLAN & TRUST

Name: TY, INC. - TY, INC. EMPLOYEES 401K PROFIT SHARING PLAN & TRUST (2016) Form 5500
Creator: TY, INC.
License: https://www.dol.gov/general/disclaim
Keywords: Form 5500, ERISA, retirement plan, TY, INC. EMPLOYEES 401K PROFIT SHARING PLAN & TRUST, TY, INC.

TY, INC.EIN 58-1666131Plan #001PY 2016

280 CHESTNUT - WESTMONT, IL 60559630-455-7714

Prospect flagsLow employer contribution

How to read this page

Total assets (EOY)

$20.6M

+2.8% from 2015

Total participants

357

+1.4% from 2015

Average account balance

$71,320

+2.0% from 2015

Annual return

6.92%

+5.50 pp from 2015

Benchmarks

See 155 peers

Peer group

Industry42 - Wholesale Trade

Plan typeDefined contribution

Cohort155 peers

Snapshot2016

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

Analytics

Total assets (EOY)

Plan-year ending balance

$22.20M

Not enough data

1 years with asset history on file

Average account balance

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

$84K

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.

264

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.

99.5%

Not enough data

1 years with eligibility data

Contributions (total)

Employer and participant dollars contributed each year

$1.27M

Not enough data

1 years with contributions on file

Contributions per participant

Average employer and participant contribution per enrolled participant

$6K

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

+11.81%

Not enough data

1 years with return on file

Admin fee / account holder

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

$193

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
FIRST HEARTLAND CONSULTANTS, INC.2+ years Filed as: FIRST HEARTLAND CAPITAL INC Service code 55 1839 LAKE SAINT LOUIS BLVD · LAKE SAINT LOUIS, MO 63367	Other Commissions	$21,991
VOYA RETIREMENT INSURANCE & ANNUITY2+ years Service code 26 · EIN 71-0294708	Advisory (Participants)	$9,381
MORNINGSTAR2+ years Service code 26 · EIN 36-3297908	Advisory (Participants)	$7,182

Plan features & details

Pension benefit codes2E2G2J2F3D

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.
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

1 tripped

OpportunityLow employer contribution
Employer contribution per participant is in the bottom quintile of the peer cohort.

Expense breakdown

Schedule H Part II

Admin total

$8K

$32 / participant

Other / not subdivided$8K100.0%

% of EOY assets

0.039%

all-in expense ratio

Categories reported

0 / 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: BENNETT THRASHER LLP
Auditor EIN: 581673613
Audit fees: (not subdivided)
Opinion code: Disclaimer

Metric

This plan

Peer set

Industry

Size

Avg account balance

$71,320

$174,380-59.1%

$108,582-34.3%

Participation rate

72.7%

70.3%+2.4pp

79.6%-6.9pp

Annual return

6.92%

1.91%+5.0pp

-51.70%+58.6pp

Employer contribution / active EE

$204

$1,536-86.7%

$3,758-94.6%

Participant deferral / active EE

$3,622

$2,685+34.9%

$4,311-16.0%

Admin fee / account holder

$28

$13,800-99.8%

$7,645-99.6%

Provider

Service type

Compensation

FIRST HEARTLAND CONSULTANTS, INC.2+ years

Filed as: FIRST HEARTLAND CAPITAL INC

Service code 55

1839 LAKE SAINT LOUIS BLVD · LAKE SAINT LOUIS, MO 63367

Other Commissions

$21,991

VOYA RETIREMENT INSURANCE & ANNUITY2+ years

Service code 26 · EIN 71-0294708

Advisory (Participants)

$9,381

MORNINGSTAR2+ years

Service code 26 · EIN 36-3297908

Advisory (Participants)

$7,182

TY, INC. EMPLOYEES 401K PROFIT SHARING PLAN & TRUST

Summary metrics

Benchmarksi

Analytics

Service providersi

Plan features & details

Opportunity flagsi

Expense breakdowni

Audit opinioni

TY, INC. EMPLOYEES 401K PROFIT SHARING PLAN & 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