Retirement plan

TRI DAL, LLC 401(K) PROFIT SHARING PLAN

Name: TRI DAL, LLC - TRI DAL, LLC 401(K) PROFIT SHARING PLAN (2024) Form 5500
Creator: TRI DAL, LLC
License: https://www.dol.gov/general/disclaim
Keywords: Form 5500, ERISA, retirement plan, TRI DAL, LLC 401(K) PROFIT SHARING PLAN, TRI DAL, LLC

TRI DAL, LLCEIN 75-2588032Plan #001PY 2024

540 COMMERCE STREET - SOUTHLAKE, TX 76092817-481-2886tridal.comLinkedIn201-500 employeesconstruction

Prospect flagsLow participationLow participant contribution

How to read this page

Total assets (EOY)

$8.6M

+13.9% from 2023

Total participants

248

+13.2% from 2023

Average account balance

$91,009

+22.3% from 2023

Annual return

11.72%

-0.95 pp from 2023

Benchmarks

See 3,446 peers

Peer group

Industry23 - Construction

Plan typeDefined contribution

Participants100-249

Cohort3,446 peers

Snapshot2024

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

Analytics

Total assets (EOY)

Plan-year ending balance

$8.65M

Not enough data

1 years with asset history on file

Average account balance

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

$91K

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.

34.9%

Not enough data

1 years with eligibility data

Contributions (total)

Employer and participant dollars contributed each year

$383K

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

+11.72%

Not enough data

1 years with return on file

Admin fee / account holder

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

$205

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 4 by compensation

Provider	Service type	Compensation
NATIONAL BENEFIT SERVICES, LLC2 years Filed as: NATIONAL BENEFIT SERVICES LLC Service code 13 430 W 7TH STREET · KANSAS CITY, MO 64105	Contract Administrator	$2,814
NATIONWIDE10+ years Service code 15 ONE NATIONWIDE PLAZA · COLUMBUS, OH 43215	Recordkeeping	$1,272
ASCENSUS LLC1 year Service code 15 · EIN 11-3665754	Recordkeeping	$930
PHILLIP V GEORGE DBA PHILLIP V GEOR1 year Filed as: PHILLIP HUTCHINGS Service code 22 540 COMMERCE STREET · SOUTHLAKE, TX 76092	Insurance Broker	$250

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

2 tripped

OpportunityLow participation
Participation rate is below 70% (account-balance holders / active employees) - enrollment or auto-enroll opportunity.
OpportunityLow participant contribution
Participant contribution per participant is in the bottom quintile of the peer cohort.

Expense breakdown

Schedule H Part II

Admin total

$19K

$83 / participant

Contract admin$19K100.0%

% of EOY assets

0.225%

all-in expense ratio

Categories reported

1 / 9

subdivided buckets used

Audit opinion

Schedule H Part III

Unqualified opinion

Auditor signed off without reservation - the cleanest possible opinion.

Auditor firm: LANE GORMAN TRUBITT
Auditor EIN: 751044330
Audit fees: (not subdivided)
Opinion code: Unqualified

Metric

This plan

Peer set

Industry

Size

Avg account balance

$91,009

$80,748+12.7%

$102,383-11.1%

$74,429+22.3%

Participation rate

34.9%

65.7%-30.8pp

74.5%-39.6pp

67.2%-32.3pp

Annual return

11.72%

27.57%-15.8pp

24.94%-13.2pp

1368.38%-1356.7pp

Employer contribution / active EE

$3,159-100.0%

$3,870-100.0%

$2,625-100.0%

Participant deferral / active EE

$1,628

$3,861-57.8%

$5,060-67.8%

$4,348-62.6%

Admin fee / account holder

$205

$2,371-91.4%

$8,391-97.6%

$1,944-89.5%

Provider

Service type

Compensation

NATIONAL BENEFIT SERVICES, LLC2 years

Filed as: NATIONAL BENEFIT SERVICES LLC

Service code 13

430 W 7TH STREET · KANSAS CITY, MO 64105

Contract Administrator

$2,814

NATIONWIDE10+ years

Service code 15

ONE NATIONWIDE PLAZA · COLUMBUS, OH 43215

Recordkeeping

$1,272

ASCENSUS LLC1 year

Service code 15 · EIN 11-3665754

Recordkeeping

$930

PHILLIP V GEORGE DBA PHILLIP V GEOR1 year

Filed as: PHILLIP HUTCHINGS

Service code 22

540 COMMERCE STREET · SOUTHLAKE, TX 76092

Insurance Broker

$250

TRI DAL, LLC 401(K) PROFIT SHARING PLAN

Summary metrics

Benchmarksi

Analytics

Service providersi

Plan features & details

Opportunity flagsi

Expense breakdowni

Audit opinioni

TRI DAL, LLC 401(K) PROFIT SHARING 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