Retirement plan

UNITED PETROLEUM TRANSPORTS, INC. EMPLOYEES SAVINGS TRUST

Name: UNITED PETROLEUM TRANSPORTS, INC. - UNITED PETROLEUM TRANSPORTS, INC. EMPLOYEES SAVINGS TRUST (2015) Form 5500
Creator: UNITED PETROLEUM TRANSPORTS, INC.
License: https://www.dol.gov/general/disclaim
Keywords: Form 5500, ERISA, retirement plan, UNITED PETROLEUM TRANSPORTS, INC. EMPLOYEES SAVINGS TRUST, UNITED PETROLEUM TRANSPORTS, INC.

UNITED PETROLEUM TRANSPORTS, INC.EIN 73-0749055Plan #001PY 2015

4312 SOUTH GEORGIA PLACE - OKLAHOMA CITY, OK 731297972405-677-6633otl-upt.comLinkedIn501-1000 employeestransportation/trucking/railroad

Prospect flagsLow participation

How to read this page

Total assets (EOY)

$5.3M

No prior year

Total participants

422

No prior year

Average account balance

$28,291

No prior year

Annual return

0.57%

No prior year

Benchmarks

See 599 peers

Peer group

Industry48 - Transportation and Warehousing

Plan typeDefined contribution

Participants250-999

Cohort599 peers

Snapshot2015

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

Analytics

Total assets (EOY)

Plan-year ending balance

$7.74M

Not enough data

1 years with asset history on file

Average account balance

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

$23K

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.

335

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.

47.6%

Not enough data

1 years with eligibility data

Contributions (total)

Employer and participant dollars contributed each year

$893K

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

+12.75%

Not enough data

1 years with return on file

Admin fee / account holder

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

$141

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 2 by compensation

Provider	Service type	Compensation
ARGENT INSTITUTIONAL SERVICES1+ years Filed as: HERITAGE INSTITUTIONAL SERVICES Service code 99 · EIN 27-2388726	Other Fees	$5,194
VOYA RETIREMENT INSURANCE & ANNUITY1+ years Filed as: VOYA REITREMENT INS AND ANNUITY CO Service code 26 · EIN 71-0294708	Advisory (Participants)	$0

Plan features & details

Pension benefit codes2E2F2G2J2K3D3H

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.
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.
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.
3H
Controlled group member
Plan sponsor(s) is (are) a member(s) of a controlled group (Code sections 414(b) (c) or (m)).

Opportunity flags

1 tripped

OpportunityLow participation
Participation rate is below 70% (account-balance holders / active employees) - enrollment or auto-enroll opportunity.

Expense breakdown

Schedule H Part II

Admin total

$5K

$13 / participant

Other / not subdivided$5K100.0%

% of EOY assets

0.091%

all-in expense ratio

Categories reported

0 / 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: EIDE BAILLY, LLP
Auditor EIN: 450250958
Audit fees: (not subdivided)
Opinion code: Disclaimer

Metric

This plan

Peer set

Industry

Size

Avg account balance

$28,291

$39,458-28.3%

$60,547-53.3%

$55,191-48.7%

Participation rate

35.5%

59.6%-24.1pp

68.0%-32.5pp

69.2%-33.7pp

Annual return

0.57%

3.35%-2.8pp

335.64%-335.1pp

10.78%-10.2pp

Employer contribution / active EE

$345

$1,210-71.5%

$2,419-85.7%

$1,899-81.8%

Participant deferral / active EE

$1,055

$2,140-50.7%

$3,328-68.3%

$3,046-65.4%

Admin fee / account holder

$26

$95-73.0%

$4,536-99.4%

$91-71.7%

Provider

Service type

Compensation

ARGENT INSTITUTIONAL SERVICES1+ years

Filed as: HERITAGE INSTITUTIONAL SERVICES

Service code 99 · EIN 27-2388726

Other Fees

$5,194

VOYA RETIREMENT INSURANCE & ANNUITY1+ years

Filed as: VOYA REITREMENT INS AND ANNUITY CO

Service code 26 · EIN 71-0294708

Advisory (Participants)

UNITED PETROLEUM TRANSPORTS, INC. EMPLOYEES SAVINGS TRUST

Summary metrics

Benchmarksi

Analytics

Service providersi

Plan features & details

Opportunity flagsi

Expense breakdowni

Audit opinioni

UNITED PETROLEUM TRANSPORTS, INC. EMPLOYEES SAVINGS TRUST

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