Retirement plan

TOOLEY OIL COMPANY 401(K) PROFIT SHARING PLAN

Name: MICNAN LLC - TOOLEY OIL COMPANY 401(K) PROFIT SHARING PLAN (2022) Form 5500
Creator: MICNAN LLC
License: https://www.dol.gov/general/disclaim
Keywords: Form 5500, ERISA, retirement plan, TOOLEY OIL COMPANY 401(K) PROFIT SHARING PLAN, MICNAN LLC

MICNAN LLCdba TOOLEY OIL COMPANYEIN 68-0383208Plan #001PY 2022

1111 EXPOSITION BLVD NO 600 - SACRAMENTO, CA 95815916-972-1228LinkedIn51-200 employeesapparel & fashion

Prospect flagsHigh fees

How to read this page

Total assets (EOY)

$3.5M

-6.0% from 2021

Total participants

-3.9% from 2021

Average account balance

$71,013

-2.2% from 2021

Annual return

-9.64%

-25.42 pp from 2021

Benchmarks

See 9,445 peers

Peer group

Industry44 - Retail Trade

Plan typeDefined contribution

Participants25-99

Cohort9,445 peers

Snapshot2022

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

Analytics

Total assets (EOY)

Plan-year ending balance

$4.32M

Not enough data

1 years with asset history on file

Average account balance

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

$60K

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.

100.0%

Not enough data

1 years with eligibility data

Contributions (total)

Employer and participant dollars contributed each year

$314K

Not enough data

1 years with contributions on file

Contributions per participant

Average employer and participant contribution per enrolled participant

$4K

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

+12.72%

Not enough data

1 years with return on file

Admin fee / account holder

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

$8684

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 codes2E2J3D

Plan features

2E
Profit-sharing
Profit-sharing plan.
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

$158K

$3224 / participant

Other / not subdivided$158K100.0%

% of EOY assets

4.540%

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

$71,013

$59,813+18.7%

$79,580-10.8%

$68,486+3.7%

Participation rate

100.0%

61.1%+38.9pp

69.5%+30.5pp

67.9%+32.1pp

Annual return

-9.64%

-12.30%+2.7pp

0.15%-9.8pp

-7.85%-1.8pp

Employer contribution / active EE

$1,950

$1,505+29.6%

$2,413-19.2%

$2,597-24.9%

Participant deferral / active EE

$3,239

$3,024+7.1%

$3,985-18.7%

$4,028-19.6%

Admin fee / account holder

$3,224

$4,835-33.3%

$6,835-52.8%

$5,404-40.3%

TOOLEY OIL COMPANY 401(K) PROFIT SHARING PLAN

Summary metrics

Benchmarksi

Analytics

Service providersi

Plan features & details

Opportunity flagsi

Expense breakdowni

Audit opinioni

TOOLEY OIL COMPANY 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