Retirement plan

TROPHY AWARDS MFG, INC. 401(K) PROFIT SHARING PLAN

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

TROPHY AWARDS MFG, INC.EIN 61-0993537Plan #001PY 2016

1023 TOWN DRIVE - WILDER, KY 41076859-442-7500

Prospect flagsHigh fees

How to read this page

Total assets (EOY)

$986K

-6.0% from 2015

Total participants

-12.5% from 2015

Average account balance

$39,437

+5.3% from 2015

Annual return

5.11%

+2.06 pp from 2015

Benchmarks

See 8,145 peers

Peer group

Industry32 - Manufacturing

Plan typeDefined contribution

Participants<25

Cohort8,145 peers

Snapshot2016

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

Analytics

Total assets (EOY)

Plan-year ending balance

$1.99M

Not enough data

1 years with asset history on file

Average account balance

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

$66K

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.

96.8%

Not enough data

1 years with eligibility data

Contributions (total)

Employer and participant dollars contributed each year

$91K

Not enough data

1 years with contributions on file

Contributions per participant

Average employer and participant contribution per enrolled participant

$3K

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

+15.62%

Not enough data

1 years with return on file

Admin fee / account holder

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

$5568

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

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

$198K

$9006 / participant

Other / not subdivided$198K100.0%

% of EOY assets

20.096%

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

$39,437

$99,079-60.2%

$78,002-49.4%

$273,972-85.6%

Participation rate

86.4%

78.6%+7.8pp

75.5%+10.8pp

83.0%+3.3pp

Annual return

5.11%

217.93%-212.8pp

425.99%-420.9pp

41.46%-36.3pp

Employer contribution / active EE

$1,492

$3,308-54.9%

$2,470-39.6%

$4,869-69.4%

Participant deferral / active EE

$2,066

$4,306-52.0%

$3,497-40.9%

$5,287-60.9%

Admin fee / account holder

$7,925

$8,954-11.5%

$5,481+44.6%

$10,133-21.8%

TROPHY AWARDS MFG, INC. 401(K) PROFIT SHARING PLAN

Summary metrics

Benchmarksi

Analytics

Service providersi

Plan features & details

Opportunity flagsi

Expense breakdowni

Audit opinioni

TROPHY AWARDS MFG, 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