Retirement plan

TRINITY PETROLEUM MANAGEMENT LLC 401(K) PLAN

Name: TRINITY PETROLEUM MANAGEMENT LLC 401(K) PLAN - TRINITY PETROLEUM MANAGEMENT LLC 401(K) PLAN (2024) Form 5500
Creator: TRINITY PETROLEUM MANAGEMENT LLC 401(K) PLAN
License: https://www.dol.gov/general/disclaim
Keywords: Form 5500, ERISA, retirement plan, TRINITY PETROLEUM MANAGEMENT LLC 401(K) PLAN, TRINITY PETROLEUM MANAGEMENT LLC 401(K) PLAN

TRINITY PETROLEUM MANAGEMENT LLC 401(K) PLANEIN 84-1347168Plan #001PY 2024

1670 BROADWAY STE 2000 - DENVER, CO 802024808303-296-1908

Prospect flagsHigh fees

How to read this page

Total assets (EOY)

$4.3M

+10.6% from 2023

Total participants

+20.0% from 2023

Average account balance

$143,600

-7.9% from 2023

Annual return

11.60%

-3.35 pp from 2023

Benchmarks

See 843 peers

Peer group

Industry21 - Mining, Quarrying, and Oil and Gas Extraction

Plan typeDefined contribution

Participants25-99

Cohort843 peers

Snapshot2024

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

Analytics

Total assets (EOY)

Plan-year ending balance

$4.31M

Not enough data

1 years with asset history on file

Average account balance

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

$144K

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.

100.0%

Not enough data

1 years with eligibility data

Contributions (total)

Employer and participant dollars contributed each year

$557K

Not enough data

1 years with contributions on file

Contributions per participant

Average employer and participant contribution per enrolled participant

$19K

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

+11.60%

Not enough data

1 years with return on file

Admin fee / account holder

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

$39859

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 codes2J

Plan features

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.

Opportunity flags

1 tripped

OpportunityHigh fees
Administrative expenses exceed $300 per participant per year - possible fee-review opportunity. (Recordkeeping / audit / legal; excludes investment management.)

Expense breakdown

Schedule H Part II

Admin total

$1.2M

$39859 / participant

Other / not subdivided$1M100.0%

% of EOY assets

27.757%

all-in expense ratio

Categories reported

0 / 9

subdivided buckets used

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

$143,600

$93,055+54.3%

$153,643-6.5%

$80,935+77.4%

Participation rate

100.0%

69.0%+31.0pp

77.1%+22.9pp

67.7%+32.3pp

Annual return

11.60%

19.97%-8.4pp

15.71%-4.1pp

35.66%-24.1pp

Employer contribution / active EE

$3,789

$3,504+8.1%

$5,039-24.8%

$2,757+37.4%

Participant deferral / active EE

$14,786

$5,172+185.9%

$6,754+118.9%

$4,299+243.9%

Admin fee / account holder

$39,859

$8,881+348.8%

$12,739+212.9%

$6,924+475.6%

TRINITY PETROLEUM MANAGEMENT LLC 401(K) PLAN

Summary metrics

Benchmarksi

Analytics

Service providersi

Plan features & details

Opportunity flagsi

Expense breakdowni

Audit opinioni

TRINITY PETROLEUM MANAGEMENT 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