Retirement plan

FSR TRUCKING, INC. PREVAILING WAGE PLAN

Name: FSR TRUCKING, INC. DBA POSTAL CARRIER CORP. - FSR TRUCKING, INC. PREVAILING WAGE PLAN (2018) Form 5500
Creator: FSR TRUCKING, INC. DBA POSTAL CARRIER CORP.
License: https://www.dol.gov/general/disclaim
Keywords: Form 5500, ERISA, retirement plan, FSR TRUCKING, INC. PREVAILING WAGE PLAN, FSR TRUCKING, INC. DBA POSTAL CARRIER CORP.

FSR TRUCKING, INC. DBA POSTAL CARRIER CORP.EIN 65-0940605Plan #001PY 2018

1710 UPLAND ROAD - WEST PALM BEACH, FL 33409561-624-1931LinkedIn201-500 employeespackage/freight delivery

Prospect flagsLow assets / participantLow participant contribution

How to read this page

Total assets (EOY)

$2.2M

-11.1% from 2017

Total participants

323

-17.6% from 2017

Average account balance

$7,772

+14.7% from 2017

Annual return

-6.11%

-16.01 pp from 2017

Benchmarks

See 1,072 peers

Peer group

Industry48 - Transportation and Warehousing

Plan typeDefined contribution

Participants100-249

Cohort1,072 peers

Snapshot2018

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

Analytics

Total assets (EOY)

Plan-year ending balance

$2.28M

Not enough data

1 years with asset history on file

Average account balance

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

$7K

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.

346

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.

61.8%

Not enough data

1 years with eligibility data

Contributions (total)

Employer and participant dollars contributed each year

$398K

Not enough data

1 years with contributions on file

Contributions per participant

Average employer and participant contribution per enrolled participant

$2K

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

+6.31%

Not enough data

1 years with return on file

Admin fee / account holder

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

$198

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
THE BENEFIT PRACTICE2 years Service code 15 · EIN 13-4144565	Recordkeeping	$24,238
TRANSAMERICA RETIREMENT SOLUTIONS2 years Filed as: TRANSAMERICA RETIREMENT SOLUTIONS, Service code 15 · EIN 13-3689044	Recordkeeping	$18,597
MESIROW FINANCIAL INVESTMENT MANAGE2 years Filed as: MESIROW FINANCIAL, INC. Service code 27 · EIN 36-3194849	Advisory (Plan)	$289

Plan features & details

Pension benefit codes2E2F2G2J2T3D

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.
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

2 tripped

OpportunityLow participant contribution
Participant contribution per participant is in the bottom quintile of the peer cohort.
OpportunityLow assets / participant
Assets per participant are in the bottom quintile of the peer cohort - savings-rate / match opportunity.

Expense breakdown

Schedule H Part II

Admin total

$44K

$182 / participant

Contract admin$44K100.0%

% of EOY assets

2.012%

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: DASZKAL BOLTON LLP
Auditor EIN: 650406502
Audit fees: (not subdivided)
Opinion code: Disclaimer

Metric

This plan

Peer set

Industry

Size

Avg account balance

$7,772

$42,396-81.7%

$67,313-88.5%

$56,287-86.2%

Participation rate

81.6%

61.0%+20.6pp

69.1%+12.5pp

69.9%+11.7pp

Annual return

-6.11%

-36.63%+30.5pp

-4.08%-2.0pp

-9.96%+3.8pp

Employer contribution / active EE

$3,009

$1,414+112.8%

$2,566+17.3%

$2,111+42.5%

Participant deferral / active EE

$79

$2,360-96.6%

$3,568-97.8%

$3,350-97.6%

Admin fee / account holder

$156

$510-69.3%

$4,507-96.5%

$521-70.0%

Provider

Service type

Compensation

THE BENEFIT PRACTICE2 years

Service code 15 · EIN 13-4144565

Recordkeeping

$24,238

TRANSAMERICA RETIREMENT SOLUTIONS2 years

Filed as: TRANSAMERICA RETIREMENT SOLUTIONS,

Service code 15 · EIN 13-3689044

Recordkeeping

$18,597

MESIROW FINANCIAL INVESTMENT MANAGE2 years

Filed as: MESIROW FINANCIAL, INC.

Service code 27 · EIN 36-3194849

Advisory (Plan)

$289

FSR TRUCKING, INC. PREVAILING WAGE PLAN

Summary metrics

Benchmarksi

Analytics

Service providersi

Plan features & details

Opportunity flagsi

Expense breakdowni

Audit opinioni

FSR TRUCKING, INC. PREVAILING WAGE 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