Retirement plan

TNT FINANCIAL SERVICES, INC. SAFE HARBOR 401(K) PROFIT SHARING PLAN & TRUST

Name: TNT FINANCIAL SERVICES, INC. - TNT FINANCIAL SERVICES, INC. SAFE HARBOR 401(K) PROFIT SHARING PLAN & TRUST (2021) Form 5500
Creator: TNT FINANCIAL SERVICES, INC.
License: https://www.dol.gov/general/disclaim
Keywords: Form 5500, ERISA, retirement plan, TNT FINANCIAL SERVICES, INC. SAFE HARBOR 401(K) PROFIT SHARING PLAN & TRUST, TNT FINANCIAL SERVICES, INC.

TNT FINANCIAL SERVICES, INC.EIN 74-2556911Plan #001PY 2021

105 E. MAIN STREET - ROUND ROCK, TX 78664512-255-1600LinkedIn1-10 employees

Prospect flagsHigh fees

How to read this page

Total assets (EOY)

$309K

-35.5% from 2020

Total participants

0.0% from 2020

Average account balance

$44,164

-35.5% from 2020

Annual return

16.73%

+1.07 pp from 2020

Benchmarks

See 33,473 peers

Peer group

Industry52 - Finance and Insurance

Plan typeDefined contribution

Participants<25

Cohort33,473 peers

Snapshot2021

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

Analytics

Total assets (EOY)

Plan-year ending balance

$287K

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.

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.

140.0%

Not enough data

1 years with eligibility data

Contributions (total)

Employer and participant dollars contributed each year

$103K

Not enough data

1 years with contributions on file

Contributions per participant

Average employer and participant contribution per enrolled participant

$21K

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

+20.07%

Not enough data

1 years with return on file

Admin fee / account holder

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

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 codes2E2F2J2T3D

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).
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

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

$299K

$59878 / participant

Other / not subdivided$299K100.0%

% of EOY assets

96.843%

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

$44,164

$209,847-79.0%

$189,520-76.7%

$167,518-73.6%

Participation rate

100.0%

88.7%+11.3pp

87.8%+12.2pp

82.1%+17.9pp

Annual return

16.73%

748.45%-731.7pp

555.25%-538.5pp

478.71%-462.0pp

Employer contribution / active EE

$2,355

$6,913-65.9%

$6,161-61.8%

$4,838-51.3%

Participant deferral / active EE

$6,440

$8,934-27.9%

$8,220-21.7%

$6,342+1.5%

Admin fee / account holder

$42,770

$14,295+199.2%

$12,046+255.1%

$12,312+247.4%

TNT FINANCIAL SERVICES, INC. SAFE HARBOR 401(K) PROFIT SHARING PLAN & TRUST

Summary metrics

Benchmarksi

Analytics

Service providersi

Plan features & details

Opportunity flagsi

Expense breakdowni

Audit opinioni

TNT FINANCIAL SERVICES, INC. SAFE HARBOR 401(K) PROFIT SHARING PLAN & 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