Retirement plan

THE TRI-STATE TRUCK CENTER, INC. 401(K) RETIREMENT

Name: TRI-STATE TRUCK CENTER, INC. - THE TRI-STATE TRUCK CENTER, INC. 401(K) RETIREMENT (2020) Form 5500
Creator: TRI-STATE TRUCK CENTER, INC.
License: https://www.dol.gov/general/disclaim
Keywords: Form 5500, ERISA, retirement plan, THE TRI-STATE TRUCK CENTER, INC. 401(K) RETIREMENT, TRI-STATE TRUCK CENTER, INC.

TRI-STATE TRUCK CENTER, INC.EIN 62-0722007Plan #002PY 2020

494 E. H. CRUMP BLVD - MEMPHIS, TN 38126901-774-2211tristatetruck.comLinkedIn201-500 employeestransportation/trucking/railroad

Prospect flagsCorrective distributions

Top hat statement on fileNQDC

Filed August 9, 2016 (most recent of 4 filings on file)

Plan administrator

Plan administrator name— Sign in and upgrade to view

494 E. H. Crump Blvd.

Memphis State: TN Zip Code: 38126

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Plans declared (6)

Tri-State Truck Inc. Executive Performance Bonus Deferral Plan1 emp
Deferral Compensation Plan Betweeen Tri-State Truck Center Inc. and Steve F. Dupuis1 emp
Deferred Compensation Plan Between Tri-State Truck Center Inc. and James D. Maddox1 emp
Deferred Compensation Plan Between Tri-State Truck Center Inc. and Charlie Jason McAlister1 emp
Deferred Compensation Plan Between Tri-State Truck Center Inc. and Joseph Alton Stephens1 emp
+1 more

Total covered: 6 employees

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Total assets (EOY)

$32.9M

+13.7% from 2019

Total participants

355

-1.1% from 2019

Average account balance

$93,717

+14.0% from 2019

Annual return

12.20%

-7.68 pp from 2019

Benchmarks

See 1,286 peers

Peer group

Industry44 - Retail Trade

Plan typeDefined contribution

Participants250-999

Cohort1,286 peers

Snapshot2020

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Analytics

Total assets (EOY)

Plan-year ending balance

$34.07M

Not enough data

1 years with asset history on file

Average account balance

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

$83K

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.

408

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.

99.7%

Not enough data

1 years with eligibility data

Contributions (total)

Employer and participant dollars contributed each year

$3.00M

Not enough data

1 years with contributions on file

Contributions per participant

Average employer and participant contribution per enrolled participant

$10K

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

+10.29%

Not enough data

1 years with return on file

Admin fee / account holder

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

$55

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

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Service providers

Top 10 of 11 by compensation

Provider	Service type	Compensation
MASSACHUSETTS MUTUAL LIFE INS. CO.6+ years Service code 49 · EIN 04-1590850	Other Services	$21,950
AMERICAN CENTURY4 years Service code 52 · EIN 43-1646043	Indirect Investment Fees	$0
AMERICAN FUNDS4 years Service code 52 · EIN 94-6050854	Indirect Investment Fees	$0
THE BANK OF NEW YORK MELLON2 years Filed as: BNY MELLON Service code 52 · EIN 13-3851784	Indirect Investment Fees	$0
INVESCO4 years Service code 52 · EIN 93-1036175	Indirect Investment Fees	$0
IVY FUNDS4 years Service code 52 · EIN 04-6006759	Indirect Investment Fees	$0
LINCOLN NATIONAL CORPORATION1 year Filed as: LINCOLN INVESTMENT PLANNING LLC Service code 53 · EIN 23-1702591	Insurance Commissions	$0
MFS INVESTMENT MANAGEMENT4 years Service code 52 · EIN 04-3158862	Indirect Investment Fees	$0
NORTHERN FUNDS4 years Service code 52 · EIN 36-3608252	Indirect Investment Fees	$0
PIMCO FUNDS3 years Service code 52 · EIN 95-2632339	Indirect Investment Fees	$0

Plan features & details

Pension benefit codes2E2J2F2G2K3D2T

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.
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

ComplianceCorrective distributions
Plan reported corrective distributions (failed ADP/ACP testing).

Expense breakdown

Schedule H Part II

Admin total

$22K

$72 / participant

Investment mgmt$14K63.6%
Contract admin$8K36.4%

% of EOY assets

0.067%

all-in expense ratio

Categories reported

2 / 9

subdivided buckets used

Audit opinion

Schedule H Part III

Disclaimer opinion

The auditor declined to give an opinion. This is usually a 103(a)(3)(C) limited-scope election.

Auditor firm: (not reported)
Auditor EIN: -
Audit fees: (not subdivided)
Opinion code: Disclaimer

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Metric

This plan

Peer set

Industry

Size

Avg account balance

$93,717

$64,286+45.8%

$90,951+3.0%

$73,409+27.7%

Participation rate

98.7%

63.6%+35.1pp

69.0%+29.7pp

72.2%+26.5pp

Annual return

12.20%

21.45%-9.3pp

134.60%-122.4pp

59.29%-47.1pp

Employer contribution / active EE

$2,693

$895+201.0%

$2,122+26.9%

$2,234+20.6%

Participant deferral / active EE

$5,144

$2,453+109.7%

$3,373+52.5%

$3,805+35.2%

Admin fee / account holder

$63

$287-78.2%

$5,959-99.0%

$158-60.4%

Provider

Service type

Compensation

MASSACHUSETTS MUTUAL LIFE INS. CO.6+ years

Service code 49 · EIN 04-1590850

Other Services

$21,950

AMERICAN CENTURY4 years

Service code 52 · EIN 43-1646043

Indirect Investment Fees

AMERICAN FUNDS4 years

Service code 52 · EIN 94-6050854

Indirect Investment Fees

THE BANK OF NEW YORK MELLON2 years

Filed as: BNY MELLON

Service code 52 · EIN 13-3851784

Indirect Investment Fees

INVESCO4 years

Service code 52 · EIN 93-1036175

Indirect Investment Fees

IVY FUNDS4 years

Service code 52 · EIN 04-6006759

Indirect Investment Fees

LINCOLN NATIONAL CORPORATION1 year

Filed as: LINCOLN INVESTMENT PLANNING LLC

Service code 53 · EIN 23-1702591

Insurance Commissions

MFS INVESTMENT MANAGEMENT4 years

Service code 52 · EIN 04-3158862

Indirect Investment Fees

NORTHERN FUNDS4 years

Service code 52 · EIN 36-3608252

Indirect Investment Fees

PIMCO FUNDS3 years

Service code 52 · EIN 95-2632339

Indirect Investment Fees

THE TRI-STATE TRUCK CENTER, INC. 401(K) RETIREMENT

Top hat statement on fileNQDC

Plan administrator

Plans declared (6)

Summary metrics

Benchmarksi

Analytics

Service providersi

Plan features & details

Opportunity flagsi

Expense breakdowni

Audit opinioni

THE TRI-STATE TRUCK CENTER, INC. 401(K) RETIREMENT

Top hat statement on fileNQDC

Plan administrator

Plans declared (6)

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