Retirement plan

TRI COUNTY OIL DISTRIBUTORS, INC. SAFE-HARBOR 401(K) PROFIT-SHARING PLAN

Name: TRI COUNTY OIL DISTRIBUTORS, INC. - TRI COUNTY OIL DISTRIBUTORS, INC. SAFE-HARBOR 401(K) PROFIT-SHARING PLAN (2016) Form 5500
Creator: TRI COUNTY OIL DISTRIBUTORS, INC.
License: https://www.dol.gov/general/disclaim
Keywords: Form 5500, ERISA, retirement plan, TRI COUNTY OIL DISTRIBUTORS, INC. SAFE-HARBOR 401(K) PROFIT-SHARING PLAN, TRI COUNTY OIL DISTRIBUTORS, INC.

TRI COUNTY OIL DISTRIBUTORS, INC.EIN 59-0878163Plan #001PY 2016

15 SW 7TH AVENUE, P. O. BOX 759 - WILLISTON, FL 32696352-528-3011LinkedIn1-10 employeespackage/freight delivery

Prospect flagsHigh fees

How to read this page

Total assets (EOY)

$743K

+11.5% from 2015

Total participants

-14.3% from 2015

Average account balance

$123,834

+30.1% from 2015

Annual return

6.55%

+5.57 pp from 2015

Benchmarks

See 6,057 peers

Peer group

Industry48 - Transportation and Warehousing

Plan typeDefined contribution

Participants<25

Cohort6,057 peers

Snapshot2016

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

Analytics

Total assets (EOY)

Plan-year ending balance

$1.72M

Not enough data

1 years with asset history on file

Average account balance

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

$245K

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.

116.7%

Not enough data

1 years with eligibility data

Contributions (total)

Employer and participant dollars contributed each year

$66K

Not enough data

1 years with contributions on file

Contributions per participant

Average employer and participant contribution per enrolled participant

$11K

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

+11.18%

Not enough data

1 years with return on file

Admin fee / account holder

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

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 codes2E2F2J2T3D

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).
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.

Opportunity flags

1 tripped

OpportunityHigh fees
Administrative expenses exceed $300 per participant per year - possible fee-review opportunity. (Recordkeeping / audit / legal; excludes investment management.)

Expense breakdown

Schedule H Part II

Admin total

$14K

$2827 / participant

Other / not subdivided$14K100.0%

% of EOY assets

1.902%

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

$123,834

$83,337+48.6%

$67,834+82.6%

$273,972-54.8%

Participation rate

100.0%

76.4%+23.6pp

68.8%+31.2pp

83.0%+17.0pp

Annual return

6.55%

259.45%-252.9pp

138.47%-131.9pp

41.46%-34.9pp

Employer contribution / active EE

$2,471

$3,287-24.8%

$2,403+2.8%

$4,869-49.3%

Participant deferral / active EE

$6,944

$4,088+69.9%

$3,160+119.8%

$5,287+31.3%

Admin fee / account holder

$2,356

$6,752-65.1%

$4,622-49.0%

$10,133-76.7%

TRI COUNTY OIL DISTRIBUTORS, INC. SAFE-HARBOR 401(K) PROFIT-SHARING PLAN

Summary metrics

Benchmarksi

Analytics

Service providersi

Plan features & details

Opportunity flagsi

Expense breakdowni

Audit opinioni

TRI COUNTY OIL DISTRIBUTORS, INC. SAFE-HARBOR 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