Retirement plan

TKC HOLDINGS, INC. RETIREMENT PLAN

Name: TKC HOLDINGS, INC. - TKC HOLDINGS, INC. RETIREMENT PLAN (2018) Form 5500
Creator: TKC HOLDINGS, INC.
License: https://www.dol.gov/general/disclaim
Keywords: Form 5500, ERISA, retirement plan, TKC HOLDINGS, INC. RETIREMENT PLAN, TKC HOLDINGS, INC.

TKC HOLDINGS, INC.EIN 81-2608849Plan #001PY 2018

1260 ANDES BLVD. - ST. LOUIS, MO 63132800-326-6146tkcholdings.comLinkedIn5001-10000 employeesfood & beverages

Prospect flagsLow participationLow employer contributionLow participant contributionCorrective distributions

How to read this page

Total assets (EOY)

$147.1M

-19.1% from 2019

Total participants

5,769

-0.8% from 2019

Average account balance

$46,592

-24.5% from 2019

Annual return

3.77%

-19.23 pp from 2019

Benchmarks

See 41 peers

Peer group

Industry42 - Wholesale Trade

Plan typeDefined contribution

Participants5,000-9,999

Cohort41 peers

Snapshot2018

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

Analytics

Total assets (EOY)

Plan-year ending balance

$281.92M

Not enough data

1 years with asset history on file

Average account balance

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

$103K

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.

2,740

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.

42.4%

Not enough data

1 years with eligibility data

Contributions (total)

Employer and participant dollars contributed each year

$19.29M

Not enough data

1 years with contributions on file

Contributions per participant

Average employer and participant contribution per enrolled participant

$4K

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

+13.90%

Not enough data

1 years with return on file

Admin fee / account holder

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

$152

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 10 of 15 by compensation

Provider	Service type	Compensation
MASSACHUSETTS MUTUAL LIFE INS. CO.1+ years Service code 49 · EIN 04-1590850	Other Services	$530,268
RAYMOND JAMES FINANCIAL SERVICES1+ years Filed as: RAYMOND JAMES FIN SVCS ADV, INC. Service code 27 · EIN 59-2937883	Advisory (Plan)	$44,000
LOWENBAUM LAW1+ years Service code 50 · EIN 43-1822055	Direct Payment	$21,260
JACKSON LEWIS P.C.1+ years Service code 50 · EIN 46-3862389	Direct Payment	$10,019
AMERICAN FUNDS1+ years Service code 52 · EIN 95-1411037	Indirect Investment Fees	$0
BLACKROCK1+ years Service code 52 · EIN 22-2937779	Indirect Investment Fees	$0
DIMENSIONAL FUND ADVISORS1+ years Service code 52 · EIN 36-3129984	Indirect Investment Fees	$0
DODGE & COX1+ years Service code 52 · EIN 94-6067274	Indirect Investment Fees	$0
GOLDMAN SACHS1+ years Service code 52 · EIN 13-4166989	Indirect Investment Fees	$0
INVESCO1+ years Service code 52 · EIN 13-2576643	Indirect Investment Fees	$0

Plan features & details

Pension benefit codes2E2J2A2F2G2K3B3D2T

Plan features

2A
Age/service weighted or new comparability plan
Age/service weighted plan where allocations are based on age service or age and service; or new comparability or similar plan where allocations are based on participant classifications consisting entirely or predominantly of highly compensated employees or the plan provides an additional allocation rate on compensation above a specified threshold that exceeds the permitted disparity limits of Code section 401(l).
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.
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.
3B
Plan covering self-employed individuals
Plan covering self-employed individuals.
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

4 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.
OpportunityLow employer contribution
Employer contribution per participant is in the bottom quintile of the peer cohort.
ComplianceCorrective distributions
Plan reported corrective distributions (failed ADP/ACP testing).

Expense breakdown

Schedule H Part II

Admin total

$610K

$115 / participant

Investment mgmt$393K64.4%
Contract admin$182K29.8%
Other / not subdivided$35K5.8%

% of EOY assets

0.415%

all-in expense ratio

Categories reported

2 / 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: RUBINBROWN
Auditor EIN: 430765316
Audit fees: (not subdivided)
Opinion code: Disclaimer

Metric

This plan

Peer set

Industry

Size

Avg account balance

$46,592

$69,744-33.2%

$110,243-57.7%

$68,904-32.4%

Participation rate

50.7%

83.4%-32.7pp

79.8%-29.1pp

74.1%-23.4pp

Annual return

3.77%

-2.58%+6.3pp

314.76%-311.0pp

1.07%+2.7pp

Employer contribution / active EE

$892

$2,204-59.5%

$3,827-76.7%

$2,540-64.9%

Participant deferral / active EE

$1,680

$4,131-59.3%

$4,672-64.0%

$4,015-58.2%

Admin fee / account holder

$193

$67+188.7%

$8,548-97.7%

$71+171.2%

Provider

Service type

Compensation

MASSACHUSETTS MUTUAL LIFE INS. CO.1+ years

Service code 49 · EIN 04-1590850

Other Services

$530,268

RAYMOND JAMES FINANCIAL SERVICES1+ years

Filed as: RAYMOND JAMES FIN SVCS ADV, INC.

Service code 27 · EIN 59-2937883

Advisory (Plan)

$44,000

LOWENBAUM LAW1+ years

Service code 50 · EIN 43-1822055

Direct Payment

$21,260

JACKSON LEWIS P.C.1+ years

Service code 50 · EIN 46-3862389

Direct Payment

$10,019

AMERICAN FUNDS1+ years

Service code 52 · EIN 95-1411037

Indirect Investment Fees

BLACKROCK1+ years

Service code 52 · EIN 22-2937779

Indirect Investment Fees

DIMENSIONAL FUND ADVISORS1+ years

Service code 52 · EIN 36-3129984

Indirect Investment Fees

DODGE & COX1+ years

Service code 52 · EIN 94-6067274

Indirect Investment Fees

GOLDMAN SACHS1+ years

Service code 52 · EIN 13-4166989

Indirect Investment Fees

INVESCO1+ years

Service code 52 · EIN 13-2576643

Indirect Investment Fees

TKC HOLDINGS, INC. RETIREMENT PLAN

Summary metrics

Benchmarksi

Analytics

Service providersi

Plan features & details

Opportunity flagsi

Expense breakdowni

Audit opinioni

TKC HOLDINGS, INC. RETIREMENT 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