Retirement plan

TRINITY INDUSTRIES, INC. 401(K) PLAN AS RESTATED EFFECTIVE AUGUST 1, 2020

Name: TRINITY INDUSTRIES, INC. - TRINITY INDUSTRIES, INC. 401(K) PLAN AS RESTATED EFFECTIVE AUGUST 1, 2020 (2023) Form 5500
Creator: TRINITY INDUSTRIES, INC.
License: https://www.dol.gov/general/disclaim
Keywords: Form 5500, ERISA, retirement plan, TRINITY INDUSTRIES, INC. 401(K) PLAN AS RESTATED EFFECTIVE AUGUST 1, 2020, TRINITY INDUSTRIES, INC.

TRINITY INDUSTRIES, INC.EIN 75-0225040Plan #029PY 2023

14221 N. DALLAS PARKWAY, SUITE 1100 - DALLAS, TX 75254214-631-4420trin.netLinkedIn10001+ employeesconsumer goods

Other plans on this EIN

1 filing

#022Retirement--

Prospect flagsCorrective distributions

Top hat statement on fileNQDC

Filed September 5, 2002 (most recent of 2 filings on file)

This is a legacy paper filing. Plan administrator and contact details are recorded in the original filing, which has not been digitised into structured fields.

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Total assets (EOY)

$326.7M

-6.5% from 2016

Total participants

4,156

+66.7% from 2016

Average account balance

$85,202

-44.1% from 2016

Annual return

19.52%

-7.72 pp from 2016

Benchmarks

See 809 peers

Peer group

Industry33 - Manufacturing

Plan typeDefined contribution

Participants1,000-4,999

Cohort809 peers

Snapshot2023

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

Analytics

Total assets (EOY)

Plan-year ending balance

$385.92M

Not enough data

1 years with asset history on file

Average account balance

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

$93K

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.

4,167

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.

93.4%

Not enough data

1 years with eligibility data

Contributions (total)

Employer and participant dollars contributed each year

$30.86M

Not enough data

1 years with contributions on file

Contributions per participant

Average employer and participant contribution per enrolled participant

$11K

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

+19.81%

Not enough data

1 years with return on file

Admin fee / account holder

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

$114

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

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Service providers

Top 6 by compensation

Provider	Service type	Compensation
VOYA RETIREMENT INSURANCE & ANNUITY3 years Filed as: VOYA RETIREMENT ADVISORS, LLC Service code 26 · EIN 22-1862786	Advisory (Participants)	$213,907
VOYA RETIREMENT INSURANCE & ANNUITY3 years Filed as: VOYA INSTITUTIONAL PLAN SERVICES, L Service code 15 · EIN 04-3516284	Recordkeeping	$203,799
MMA SECURITIES LLC1 year Filed as: MARSH USA LLC Service code 22 · EIN 36-2668272	Insurance Broker	$139,750
MCDERMOTT WILL & EMERY LLP1 year Filed as: MCDERMOTT WILL & EMERY Service code 29 · EIN 36-1453176	Legal	$45,894
PRINCIPAL LIFE INSURANCE COMPANY1 year Filed as: PRINCIPAL CUSTODY SOLUTIONS Service code 21 · EIN 51-0099493	Bank Trustee	$19,974
MATRIX TRUST COMPANY1 year Service code 15 · EIN 75-3182674	Recordkeeping	$3,819

Plan features & details

Pension benefit codes2E2F2G2J2K2S2T3H

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.
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.
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

ComplianceCorrective distributions
Plan reported corrective distributions (failed ADP/ACP testing).

Expense breakdown

Schedule H Part II

Admin total

$406K

$154 / participant

Recordkeeping$169K41.5%
Investment mgmt$214K52.7%
Contract admin$24K5.8%

% of EOY assets

0.124%

all-in expense ratio

Categories reported

3 / 9

subdivided buckets used

Audit opinion

Schedule H Part III

Unqualified opinion

Auditor signed off without reservation - the cleanest possible opinion.

Auditor firm: ERNST & YOUNG
Auditor EIN: 346565596
Audit fees: (not subdivided)
Opinion code: Unqualified

Metric

This plan

Peer set

Industry

Size

Avg account balance

$85,202

$104,544-18.5%

$96,564-11.8%

$80,187+6.3%

Participation rate

87.9%

86.4%+1.5pp

76.0%+11.9pp

72.9%+14.9pp

Annual return

19.52%

21.79%-2.3pp

25.89%-6.4pp

40.40%-20.9pp

Employer contribution / active EE

$3,803

$3,527+7.8%

$2,967+28.2%

$2,980+27.6%

Participant deferral / active EE

$5,969

$6,170-3.3%

$4,852+23.0%

$5,016+19.0%

Admin fee / account holder

$106

$107-0.9%

$8,256-98.7%

$145-27.0%

Provider

Service type

Compensation

VOYA RETIREMENT INSURANCE & ANNUITY3 years

Filed as: VOYA RETIREMENT ADVISORS, LLC

Service code 26 · EIN 22-1862786

Advisory (Participants)

$213,907

VOYA RETIREMENT INSURANCE & ANNUITY3 years

Filed as: VOYA INSTITUTIONAL PLAN SERVICES, L

Service code 15 · EIN 04-3516284

Recordkeeping

$203,799

MMA SECURITIES LLC1 year

Filed as: MARSH USA LLC

Service code 22 · EIN 36-2668272

Insurance Broker

$139,750

MCDERMOTT WILL & EMERY LLP1 year

Filed as: MCDERMOTT WILL & EMERY

Service code 29 · EIN 36-1453176

Legal

$45,894

PRINCIPAL LIFE INSURANCE COMPANY1 year

Filed as: PRINCIPAL CUSTODY SOLUTIONS

Service code 21 · EIN 51-0099493

Bank Trustee

$19,974

MATRIX TRUST COMPANY1 year

Service code 15 · EIN 75-3182674

Recordkeeping

$3,819

TRINITY INDUSTRIES, INC. 401(K) PLAN AS RESTATED EFFECTIVE AUGUST 1, 2020

Top hat statement on fileNQDC

Summary metrics

Benchmarksi

Analytics

Service providersi

Plan features & details

Opportunity flagsi

Expense breakdowni

Audit opinioni

TRINITY INDUSTRIES, INC. 401(K) PLAN AS RESTATED EFFECTIVE AUGUST 1, 2020

Top hat statement on fileNQDC

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