Retirement plan

TERRAL RIVERSERVICE INC 401(K) PLAN

Name: TERRAL RIVERSERVICE, INC. - TERRAL RIVERSERVICE INC 401(K) PLAN (2020) Form 5500
Creator: TERRAL RIVERSERVICE, INC.
License: https://www.dol.gov/general/disclaim
Keywords: Form 5500, ERISA, retirement plan, TERRAL RIVERSERVICE INC 401(K) PLAN, TERRAL RIVERSERVICE, INC.

TERRAL RIVERSERVICE, INC.EIN 72-0890414Plan #001PY 2020

10100 HWY 65 SOUTH - LAKE PROVIDENCE, LA 71254318-559-1500terralriverservice.comLinkedIn501-1000 employeesmaritime

Prospect flagsLow returns

How to read this page

Total assets (EOY)

$20.1M

+13.3% from 2019

Total participants

545

+39.0% from 2019

Average account balance

$44,429

-2.4% from 2019

Annual return

11.06%

-4.56 pp from 2019

Benchmarks

See 659 peers

Peer group

Industry48 - Transportation and Warehousing

Plan typeDefined contribution

Participants250-999

Cohort659 peers

Snapshot2020

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

Analytics

Total assets (EOY)

Plan-year ending balance

$23.61M

Not enough data

1 years with asset history on file

Average account balance

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

$41K

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.

569

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.

57.2%

Not enough data

1 years with eligibility data

Contributions (total)

Employer and participant dollars contributed each year

$2.73M

Not enough data

1 years with contributions on file

Contributions per participant

Average employer and participant contribution per enrolled participant

$6K

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

+8.49%

Not enough data

1 years with return on file

Admin fee / account holder

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

$143

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
ARGENT TRUST COMPANY6+ years Filed as: ARGENT TRUST COMPANY, NA Service code 99 · EIN 72-1173060 333 TEXAS STREET, SUITE 699 · SHREVEPORT, LA 71101	Other Fees	$56,531
MORNINGSTAR4 years Filed as: MORNINGSTAR INVESTMENT MANGT., LLC Service code 26 · EIN 36-4317381	Advisory (Participants)	$8,169
VOYA RETIREMENT INSURANCE & ANNUITY6+ years Filed as: VOYA INSURANCE & ANNUITY CO. Service code 26 · EIN 71-0294708 P.O. BOX 990067 · HARTFORD, CT 061990067	Advisory (Participants)	$0

Plan features & details

Pension benefit codes2E2H2J2K3D2T2F

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).
2H
Partial participant-directed account plan
Participants have the opportunity to direct the investment of a portion 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

OpportunityLow returns
Annual investment return is in the bottom quintile of the peer cohort.

Expense breakdown

Schedule H Part II

Admin total

$31K

$83 / participant

Contract admin$31K100.0%

% of EOY assets

0.152%

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: ROZIER, MCKAY & WILLIS
Auditor EIN: 720949765
Audit fees: (not subdivided)
Opinion code: Disclaimer

Metric

This plan

Peer set

Industry

Size

Avg account balance

$44,429

$51,288-13.4%

$81,982-45.8%

$73,412-39.5%

Participation rate

74.9%

64.0%+11.0pp

69.3%+5.7pp

72.2%+2.8pp

Annual return

11.06%

29.48%-18.4pp

41.31%-30.3pp

59.30%-48.2pp

Employer contribution / active EE

$3,467

$1,487+133.2%

$2,498+38.8%

$2,234+55.2%

Participant deferral / active EE

$1,583

$2,715-41.7%

$3,722-57.5%

$3,806-58.4%

Admin fee / account holder

$67

$125-46.2%

$5,665-98.8%

$158-57.3%

Provider

Service type

Compensation

ARGENT TRUST COMPANY6+ years

Filed as: ARGENT TRUST COMPANY, NA

Service code 99 · EIN 72-1173060

333 TEXAS STREET, SUITE 699 · SHREVEPORT, LA 71101

Other Fees

$56,531

MORNINGSTAR4 years

Filed as: MORNINGSTAR INVESTMENT MANGT., LLC

Service code 26 · EIN 36-4317381

Advisory (Participants)

$8,169

VOYA RETIREMENT INSURANCE & ANNUITY6+ years

Filed as: VOYA INSURANCE & ANNUITY CO.

Service code 26 · EIN 71-0294708

P.O. BOX 990067 · HARTFORD, CT 061990067

Advisory (Participants)

TERRAL RIVERSERVICE INC 401(K) PLAN

Summary metrics

Benchmarksi

Analytics

Service providersi

Plan features & details

Opportunity flagsi

Expense breakdowni

Audit opinioni

TERRAL RIVERSERVICE INC 401(K) 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