Retirement plan

TERMINIX SERVICE COMPANY INC. EMPLOYEE SAVINGS & SECURITY PLAN

Name: TERMINIX SERVICE COMPANY INC. - TERMINIX SERVICE COMPANY INC. EMPLOYEE SAVINGS & SECURITY PLAN (2018) Form 5500
Creator: TERMINIX SERVICE COMPANY INC.
License: https://www.dol.gov/general/disclaim
Keywords: Form 5500, ERISA, retirement plan, TERMINIX SERVICE COMPANY INC. EMPLOYEE SAVINGS & SECURITY PLAN, TERMINIX SERVICE COMPANY INC.

TERMINIX SERVICE COMPANY INC.EIN 72-0406962Plan #001PY 2018

2329 EDENBORN AVENUE - METARIE, LA 70001504-834-7330terminixno.comLinkedIn1-10 employeesconsumer services

Prospect flagsHigh feesLow participant contributionRecently reached 100 employees

How to read this page

Total assets (EOY)

$2.1M

+4.2% from 2017

Total participants

111

+23.3% from 2017

Average account balance

$19,108

-25.2% from 2017

Annual return

5.13%

-7.26 pp from 2017

Benchmarks

See 448 peers

Peer group

Industry45 - Retail Trade

Plan typeDefined contribution

Participants100-249

Cohort448 peers

Snapshot2018

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

Analytics

Total assets (EOY)

Plan-year ending balance

$3.10M

Not enough data

1 years with asset history on file

Average account balance

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

$30K

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.

104

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.

96.5%

Not enough data

1 years with eligibility data

Contributions (total)

Employer and participant dollars contributed each year

$231K

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

+9.55%

Not enough data

1 years with return on file

Admin fee / account holder

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

$109

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

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 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

3 tripped

OpportunityLow participant contribution
Participant contribution per participant is in the bottom quintile of the peer cohort.
OpportunityHigh fees
Administrative expenses exceed $300 per participant per year - possible fee-review opportunity. (Recordkeeping / audit / legal; excludes investment management.)
InformationalRecently reached 100 employees
Sponsor crossed the 100-balance-holder threshold in the most recent filing - large-plan audit requirement now applies.

Expense breakdown

Schedule H Part II

Admin total

$140K

$1369 / participant

Other / not subdivided$140K100.0%

% of EOY assets

6.645%

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

$19,108

$45,825-58.3%

$90,657-78.9%

$56,289-66.1%

Participation rate

99.0%

66.7%+32.3pp

74.0%+25.0pp

69.9%+29.2pp

Annual return

5.13%

38.64%-33.5pp

1.89%+3.2pp

-9.96%+15.1pp

Employer contribution / active EE

$490

$1,372-64.3%

$2,532-80.6%

$2,111-76.8%

Participant deferral / active EE

$651

$2,562-74.6%

$3,424-81.0%

$3,350-80.6%

Admin fee / account holder

$1,270

$413+207.7%

$4,994-74.6%

$521+143.7%

TERMINIX SERVICE COMPANY INC. EMPLOYEE SAVINGS & SECURITY PLAN

Summary metrics

Benchmarksi

Analytics

Service providersi

Plan features & details

Opportunity flagsi

Expense breakdowni

Audit opinioni

TERMINIX SERVICE COMPANY INC. EMPLOYEE SAVINGS & SECURITY 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