Retirement plan

THUNDER INTERNATIONAL GROUP, INC. 401(K) PLAN

Name: THUNDER INTERNATIONAL GROUP, INC. - THUNDER INTERNATIONAL GROUP, INC. 401(K) PLAN (2023) Form 5500
Creator: THUNDER INTERNATIONAL GROUP, INC.
License: https://www.dol.gov/general/disclaim
Keywords: Form 5500, ERISA, retirement plan, THUNDER INTERNATIONAL GROUP, INC. 401(K) PLAN, THUNDER INTERNATIONAL GROUP, INC.

THUNDER INTERNATIONAL GROUP, INC.EIN 81-3766516Plan #001PY 2023

19465 E. WALNUT DR. NORTH - CITY OF INDUSTRY, CA 91789626-454-0787thunderex.comLinkedIn201-500 employeeslogistics and supply chain

Other plans on this EIN

1 filing

#002Retirement-$362K assets

Prospect flagsNo flags tripped

How to read this page

Total assets (EOY)

$590K

+89.6% from 2022

Total participants

+30.8% from 2022

Average account balance

$14,394

+80.4% from 2022

Annual return

19.51%

+30.03 pp from 2022

Benchmarks

See 1,316 peers

Peer group

Industry49 - Transportation and Warehousing

Plan typeDefined contribution

Participants25-99

Cohort1,316 peers

Snapshot2023

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

Analytics

Total assets (EOY)

Plan-year ending balance

$902K

Not enough data

1 years with asset history on file

Average account balance

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

$20K

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.

84.9%

Not enough data

1 years with eligibility data

Contributions (total)

Employer and participant dollars contributed each year

$229K

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

+14.01%

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 codes2E2G2J3D

Plan features

2E
Profit-sharing
Profit-sharing plan.
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.
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

0 tripped

No flags tripped for this filing year. This plan looks clean.

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

$14,394

$22,602-36.3%

$65,566-78.0%

$75,173-80.9%

Participation rate

75.6%

63.1%+12.5pp

64.9%+10.7pp

67.2%+8.4pp

Annual return

19.51%

71.13%-51.6pp

47.40%-27.9pp

160.72%-141.2pp

Employer contribution / active EE

$1,979

$941+110.3%

$1,692+16.9%

$2,671-25.9%

Participant deferral / active EE

$3,345

$1,695+97.4%

$2,832+18.1%

$4,126-18.9%

Admin fee / account holder

$1,877-100.0%

$4,114-100.0%

$5,651-100.0%

THUNDER INTERNATIONAL GROUP, INC. 401(K) PLAN

Summary metrics

Benchmarksi

Analytics

Service providersi

Plan features & details

Opportunity flagsi

Audit opinioni

THUNDER INTERNATIONAL GROUP, INC. 401(K) PLAN

Summary metrics

Benchmarksi

Analytics

Service providersi

Plan features & details

Opportunity flagsi

Audit opinioni

Benchmarks

Service providers

Opportunity flags

Audit opinion

Benchmarks

Service providers

Opportunity flags

Audit opinion