Retirement plan

TBG PARTNERS 401(K) PLAN

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

TBG PARTNERSEIN 74-2485594Plan #001PY 2020

1705 GUADALUPE STREET, SUITE 500 - AUSTIN, TX 78701512-327-1011LinkedIn11-50 employeesconstruction

Other plans on this EIN

1 filing

#004Retirement-$7.8M assets

Prospect flagsLow employer contribution

How to read this page

Total assets (EOY)

$4.5M

+24.8% from 2019

Total participants

126

-4.5% from 2019

Average account balance

$40,141

+22.6% from 2019

Annual return

14.90%

-6.16 pp from 2019

Benchmarks

See 5,591 peers

Peer group

Industry54 - Professional, Scientific, and Technical Services

Plan typeDefined contribution

Participants100-249

Cohort5,591 peers

Snapshot2020

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

Analytics

Total assets (EOY)

Plan-year ending balance

$7.69M

Not enough data

1 years with asset history on file

Average account balance

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

$56K

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.

138

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.

88.7%

Not enough data

1 years with eligibility data

Contributions (total)

Employer and participant dollars contributed each year

$1.00M

Not enough data

1 years with contributions on file

Contributions per participant

Average employer and participant contribution per enrolled participant

$8K

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

+18.15%

Not enough data

1 years with return on file

Admin fee / account holder

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

$378

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 5 by compensation

Provider	Service type	Compensation
COMMONWEALTH FINANCIAL NETWORK3 years Filed as: COMMONWEALTH EQUITY SERVICES LLC Service code 27 29 SAWYER RD · WALTHAM, ME 02453	Advisory (Plan)	$17,799
GREAT-WEST LIFE & ANNUITY INSURANCE4 years Service code 64 · EIN 84-0467907	Recordkeeping Fees	$9,909
AMERICAS 401K, INC.3 years Filed as: AMERICAS 401K INC Service code 13	Contract Administrator	$3,222
AMERICAS 401K, INC.3 years Filed as: AMERICAS 401(K), INC. Service code 13 · EIN 75-2261114	Contract Administrator	$3,035
DEFINITI LLC1 year Service code 13	Contract Administrator	$338

Plan features & details

Pension benefit codes2E2F2G2J2S2T3D

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.
2S
Automatic enrollment
Plan provides for automatic enrollment in plan that has elective contributions deducted from payroll.
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 employer contribution
Employer contribution per participant is in the bottom quintile of the peer cohort.

Expense breakdown

Schedule H Part II

Admin total

$30K

$283 / participant

Contract admin$30K100.0%

% of EOY assets

0.672%

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: PW PARTNERS, LLC
Auditor EIN: 833323563
Audit fees: (not subdivided)
Opinion code: Disclaimer

Metric

This plan

Peer set

Industry

Size

Avg account balance

$40,141

$99,957-59.8%

$149,730-73.2%

$73,493-45.4%

Participation rate

85.8%

75.7%+10.1pp

82.5%+3.4pp

70.7%+15.2pp

Annual return

14.90%

53.87%-39.0pp

276.70%-261.8pp

28.51%-13.6pp

Employer contribution / active EE

$3,191-100.0%

$4,645-100.0%

$2,270-100.0%

Participant deferral / active EE

$5,639

$6,073-7.1%

$6,843-17.6%

$3,740+50.8%

Admin fee / account holder

$270

$551-51.0%

$9,310-97.1%

$513-47.4%

Provider

Service type

Compensation

COMMONWEALTH FINANCIAL NETWORK3 years

Filed as: COMMONWEALTH EQUITY SERVICES LLC

Service code 27

29 SAWYER RD · WALTHAM, ME 02453

Advisory (Plan)

$17,799

GREAT-WEST LIFE & ANNUITY INSURANCE4 years

Service code 64 · EIN 84-0467907

Recordkeeping Fees

$9,909

AMERICAS 401K, INC.3 years

Filed as: AMERICAS 401K INC

Service code 13

Contract Administrator

$3,222

AMERICAS 401K, INC.3 years

Filed as: AMERICAS 401(K), INC.

Service code 13 · EIN 75-2261114

Contract Administrator

$3,035

DEFINITI LLC1 year

Service code 13

Contract Administrator

$338

TBG PARTNERS 401(K) PLAN

Summary metrics

Benchmarksi

Analytics

Service providersi

Plan features & details

Opportunity flagsi

Expense breakdowni

Audit opinioni

TBG PARTNERS 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