Retirement plan

TLP MANAGEMENT SERVICES LLC 401(K) PLAN

Name: TLP MANAGEMENT SERVICES LLC - TLP MANAGEMENT SERVICES LLC 401(K) PLAN (2019) Form 5500
Creator: TLP MANAGEMENT SERVICES LLC
License: https://www.dol.gov/general/disclaim
Keywords: Form 5500, ERISA, retirement plan, TLP MANAGEMENT SERVICES LLC 401(K) PLAN, TLP MANAGEMENT SERVICES LLC

TLP MANAGEMENT SERVICES LLCEIN 81-1908167Plan #001PY 2019

1670 BROADWAY, SUITE 3100 - DENVER, CO 80202303-860-5124LinkedIn201-500 employeespackage/freight delivery

Prospect flagsHigh retiree %Failed to transmit contributions

How to read this page

Total assets (EOY)

$50.4M

+27.6% from 2018

Total participants

703

+10.9% from 2018

Average account balance

$72,849

+14.5% from 2018

Annual return

22.93%

+25.79 pp from 2018

Benchmarks

See 93 peers

Peer group

Industry49 - Transportation and Warehousing

Plan typeDefined contribution

Participants250-999

Cohort93 peers

Snapshot2019

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

Analytics

Total assets (EOY)

Plan-year ending balance

$79.81M

Not enough data

1 years with asset history on file

Average account balance

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

$127K

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.

628

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.

98.9%

Not enough data

1 years with eligibility data

Contributions (total)

Employer and participant dollars contributed each year

$7.52M

Not enough data

1 years with contributions on file

Contributions per participant

Average employer and participant contribution per enrolled participant

$13K

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

+13.40%

Not enough data

1 years with return on file

Admin fee / account holder

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

$104

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 3 by compensation

Provider	Service type	Compensation
THE VANGUARD GROUP, INC.4+ years Filed as: THE VANGUARD GROUP, INC Service code 15 · EIN 23-1945930 1655 43RD STREET SOUTN, SUITE 100 · FARGO, ND 58103	Recordkeeping	$49,633
MORNINGSTAR2 years Service code 72 22 WEST WASHINGTON · CHICAGO, IL 60602	Other investment fees and expenses	$937
THE ANGELL PENSION GROUP, INC.2 years Service code 37 · EIN 23-1945930	Loan Processing	$900

Plan features & details

Pension benefit codes2E2J2K2F2G3D3H

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

ComplianceFailed to transmit contributions
Form 5500 reported a failure to timely transmit participant contributions (Schedule H line 4a).
InformationalHigh retiree %
Retirees and beneficiaries make up 25% or more of total participants - indicates an ageing workforce or a frozen plan.

Expense breakdown

Schedule H Part II

Admin total

$51K

$98 / participant

Other / not subdivided$51K100.0%

% of EOY assets

0.102%

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: BROCK AND COMPANY CPAS P.C.
Auditor EIN: 840930288
Audit fees: (not subdivided)
Opinion code: Disclaimer

Metric

This plan

Peer set

Industry

Size

Avg account balance

$72,849

$33,826+115.4%

$88,632-17.8%

$67,582+7.8%

Participation rate

97.9%

64.6%+33.3pp

68.8%+29.1pp

71.3%+26.6pp

Annual return

22.93%

68.24%-45.3pp

43.75%-20.8pp

378.57%-355.6pp

Employer contribution / active EE

$2,691

$1,232+118.4%

$2,101+28.1%

$2,148+25.3%

Participant deferral / active EE

$6,579

$2,089+215.0%

$2,917+125.6%

$3,539+85.9%

Admin fee / account holder

$74

$134-44.4%

$4,308-98.3%

$142-47.7%

Provider

Service type

Compensation

THE VANGUARD GROUP, INC.4+ years

Filed as: THE VANGUARD GROUP, INC

Service code 15 · EIN 23-1945930

1655 43RD STREET SOUTN, SUITE 100 · FARGO, ND 58103

Recordkeeping

$49,633

MORNINGSTAR2 years

Service code 72

22 WEST WASHINGTON · CHICAGO, IL 60602

Other investment fees and expenses

$937

THE ANGELL PENSION GROUP, INC.2 years

Service code 37 · EIN 23-1945930

Loan Processing

$900

TLP MANAGEMENT SERVICES LLC 401(K) PLAN

Summary metrics

Benchmarksi

Analytics

Service providersi

Plan features & details

Opportunity flagsi

Expense breakdowni

Audit opinioni

TLP MANAGEMENT SERVICES LLC 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