Retirement plan

THOMPSON TRACTOR CO., INC. PROFIT SHARING PLAN AND TRUST AGREEMENT

Name: THOMPSON TRACTOR CO., INC. - THOMPSON TRACTOR CO., INC. PROFIT SHARING PLAN AND TRUST AGREEMENT (2020) Form 5500
Creator: THOMPSON TRACTOR CO., INC.
License: https://www.dol.gov/general/disclaim
Keywords: Form 5500, ERISA, retirement plan, THOMPSON TRACTOR CO., INC. PROFIT SHARING PLAN AND TRUST AGREEMENT, THOMPSON TRACTOR CO., INC.

THOMPSON TRACTOR CO., INC.EIN 63-0377478Plan #001PY 2020

2401 PINSON VALLEY PARKWAY - BIRMINGHAM, AL 35217205-849-3612thompsontractor.comLinkedIn1001-5000 employeesmachinery

Prospect flagsNo flags tripped

Top hat statement on fileNQDC

Filed April 28, 2008

This is a legacy paper filing. Plan administrator and contact details are recorded in the original filing, which has not been digitised into structured fields.

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Total assets (EOY)

$207.6M

-3.4% from 2016

Total participants

1,507

+0.4% from 2016

Average account balance

$139,770

-5.1% from 2016

Annual return

13.21%

-6.44 pp from 2016

Benchmarks

See 289 peers

Peer group

Industry42 - Wholesale Trade

Plan typeDefined contribution

Participants1,000-4,999

Cohort289 peers

Snapshot2020

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

Analytics

Total assets (EOY)

Plan-year ending balance

$268.78M

Not enough data

1 years with asset history on file

Average account balance

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

$136K

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.

1,977

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.

98.6%

Not enough data

1 years with eligibility data

Contributions (total)

Employer and participant dollars contributed each year

$16.57M

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

+12.32%

Not enough data

1 years with return on file

Admin fee / account holder

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

$125

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 6 by compensation

Provider	Service type	Compensation
WELLS FARGO BANK, N.A.1 year Filed as: WELLS FARGO BANK Service code 28 · EIN 94-1347393	Investment Management	$80,090
WELCH HORNSBY & WELCH INC1 year Filed as: WELCH HORNSBY & WELCH INC. Service code 28 · EIN 63-0969069	Investment Management	$48,701
CHARLES SCHWAB & CO., INC.1 year Filed as: SCHWAB RETIREMENT PLAN SERVICES,INC Service code 15 · EIN 34-1479833	Recordkeeping	$45,748
THE BANK OF NEW YORK MELLON1 year Filed as: BANK OF AMERICA Service code 28 · EIN 56-0906609	Investment Management	$6,635
CHARLES SCHWAB & CO., INC.1 year Filed as: CHARLES SCHWAB & CO. INC. AND AFFIL Service code 59	Shareholder Servicing	$0
CHARLES SCHWAB & CO., INC.1 year Service code 59 · EIN 94-1737782	Shareholder Servicing	$0

Plan features & details

Pension benefit codes2E2F2G2J2S2T3D

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.
2S
Automatic enrollment
Plan provides for automatic enrollment in plan that has elective contributions deducted from payroll.
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

0 tripped

No flags tripped for this filing year. This plan looks clean.

Expense breakdown

Schedule H Part II

Admin total

$181K

$145 / participant

Investment mgmt$49K26.9%
Other / not subdivided$132K73.1%

% of EOY assets

0.087%

all-in expense ratio

Categories reported

1 / 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: WARREN AVERETT, LLC
Auditor EIN: 454084437
Audit fees: (not subdivided)
Opinion code: Disclaimer

Metric

This plan

Peer set

Industry

Size

Avg account balance

$139,770

$82,783+68.8%

$133,982+4.3%

$90,274+54.8%

Participation rate

98.2%

81.3%+16.9pp

79.8%+18.4pp

73.4%+24.9pp

Annual return

13.21%

21.89%-8.7pp

45.10%-31.9pp

53.97%-40.8pp

Employer contribution / active EE

$6,074

$2,388+154.3%

$3,919+55.0%

$2,523+140.7%

Participant deferral / active EE

$4,466

$4,291+4.1%

$5,047-11.5%

$4,231+5.6%

Admin fee / account holder

$122

$93+31.4%

$8,930-98.6%

$114+7.0%

Provider

Service type

Compensation

WELLS FARGO BANK, N.A.1 year

Filed as: WELLS FARGO BANK

Service code 28 · EIN 94-1347393

Investment Management

$80,090

WELCH HORNSBY & WELCH INC1 year

Filed as: WELCH HORNSBY & WELCH INC.

Service code 28 · EIN 63-0969069

Investment Management

$48,701

CHARLES SCHWAB & CO., INC.1 year

Filed as: SCHWAB RETIREMENT PLAN SERVICES,INC

Service code 15 · EIN 34-1479833

Recordkeeping

$45,748

THE BANK OF NEW YORK MELLON1 year

Filed as: BANK OF AMERICA

Service code 28 · EIN 56-0906609

Investment Management

$6,635

CHARLES SCHWAB & CO., INC.1 year

Filed as: CHARLES SCHWAB & CO. INC. AND AFFIL

Service code 59

Shareholder Servicing

CHARLES SCHWAB & CO., INC.1 year

Service code 59 · EIN 94-1737782

Shareholder Servicing

THOMPSON TRACTOR CO., INC. PROFIT SHARING PLAN AND TRUST AGREEMENT

Top hat statement on fileNQDC

Summary metrics

Benchmarksi

Analytics

Service providersi

Plan features & details

Opportunity flagsi

Expense breakdowni

Audit opinioni

THOMPSON TRACTOR CO., INC. PROFIT SHARING PLAN AND TRUST AGREEMENT

Top hat statement on fileNQDC

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