Retirement plan

T SQUARE LOGISTIC SERVICES 401(K) PLAN

Name: T SQUARE LOGISTIC SERVICES CORPORATION - T SQUARE LOGISTIC SERVICES 401(K) PLAN (2022) Form 5500
Creator: T SQUARE LOGISTIC SERVICES CORPORATION
License: https://www.dol.gov/general/disclaim
Keywords: Form 5500, ERISA, retirement plan, T SQUARE LOGISTIC SERVICES 401(K) PLAN, T SQUARE LOGISTIC SERVICES CORPORATION

T SQUARE LOGISTIC SERVICES CORPORATIONEIN 84-1458014Plan #002PY 2022

1625 TUSKEGEE PLACE UNIT 170 - COLORADO SPRINGS, CO 80915719-282-0266

Other plans on this EIN

1 filing

#003Retirement-$2.4M assets

Prospect flagsHigh feesLow participation

How to read this page

Total assets (EOY)

$4.3M

-18.9% from 2021

Total participants

213

-7.4% from 2021

Average account balance

$39,404

-11.5% from 2021

Annual return

-15.80%

-27.62 pp from 2021

Benchmarks

See 1,742 peers

Peer group

Industry81 - Other Services (except Public Administration)

Plan typeDefined contribution

Participants100-249

Cohort1,742 peers

Snapshot2022

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

Analytics

Total assets (EOY)

Plan-year ending balance

$5.00M

Not enough data

1 years with asset history on file

Average account balance

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

$37K

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.

134

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.

50.0%

Not enough data

1 years with eligibility data

Contributions (total)

Employer and participant dollars contributed each year

$775K

Not enough data

1 years with contributions on file

Contributions per participant

Average employer and participant contribution per enrolled participant

$3K

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

+12.32%

Not enough data

1 years with return on file

Admin fee / account holder

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

$412

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
CELERITY ADVISORS LLC5 years Service code 99 · EIN 82-2476384	Other Fees	$18,120
THE ALLOCATION COMPANY1 year Service code 99 · EIN 76-0354750 800 TOWN AND COUNTRY BLVD 5TH FLOOR · HOUSTON, TX 77024	Other Fees	$2,950
VOYA RETIREMENT INSURANCE & ANNUITY5 years Filed as: VOYA RETIREMENT INS. & ANN CO Service code 27 · EIN 71-0294708	Advisory (Plan)	$2,750

Plan features & details

Pension benefit codes2E2J2K2F2G3D

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.

Opportunity flags

2 tripped

OpportunityLow participation
Participation rate is below 70% (account-balance holders / active employees) - enrollment or auto-enroll opportunity.
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

$52K

$246 / participant

Investment mgmt$52K100.0%

% of EOY assets

1.218%

all-in expense ratio

Categories reported

1 / 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: ZAVERSNIK ABBOTT & ASSOCIATES, PLLC
Auditor EIN: 872362625
Audit fees: (not subdivided)
Opinion code: Disclaimer

Metric

This plan

Peer set

Industry

Size

Avg account balance

$39,404

$51,223-23.1%

$82,763-52.4%

$66,949-41.1%

Participation rate

51.2%

67.9%-16.7pp

72.6%-21.4pp

69.8%-18.6pp

Annual return

-15.80%

-9.85%-6.0pp

702.45%-718.3pp

1.57%-17.4pp

Employer contribution / active EE

$2,193

$2,611-16.0%

$3,008-27.1%

$2,545-13.8%

Participant deferral / active EE

$1,065

$3,460-69.2%

$4,395-75.8%

$4,239-74.9%

Admin fee / account holder

$480

$415+15.5%

$5,325-91.0%

$594-19.1%

Provider

Service type

Compensation

CELERITY ADVISORS LLC5 years

Service code 99 · EIN 82-2476384

Other Fees

$18,120

THE ALLOCATION COMPANY1 year

Service code 99 · EIN 76-0354750

800 TOWN AND COUNTRY BLVD 5TH FLOOR · HOUSTON, TX 77024

Other Fees

$2,950

VOYA RETIREMENT INSURANCE & ANNUITY5 years

Filed as: VOYA RETIREMENT INS. & ANN CO

Service code 27 · EIN 71-0294708

Advisory (Plan)

$2,750

T SQUARE LOGISTIC SERVICES 401(K) PLAN

Summary metrics

Benchmarksi

Analytics

Service providersi

Plan features & details

Opportunity flagsi

Expense breakdowni

Audit opinioni

T SQUARE LOGISTIC SERVICES 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