Retirement plan

TECTONIC TRANSPORT 401(K) PLAN

Name: TECTONIC TRANSPORT - TECTONIC TRANSPORT 401(K) PLAN (2022) Form 5500
Creator: TECTONIC TRANSPORT
License: https://www.dol.gov/general/disclaim
Keywords: Form 5500, ERISA, retirement plan, TECTONIC TRANSPORT 401(K) PLAN, TECTONIC TRANSPORT

TECTONIC TRANSPORTEIN 84-1892152Plan #001PY 2022

6711 SAN ALANO CIRCLE - BUENA PARK, CA 90620714-420-3656

Prospect flagsLow participation

How to read this page

Total assets (EOY)

$136K

+25.2% from 2021

Total participants

+30.4% from 2021

Average account balance

$5,455

-80.0% from 2021

Annual return

-5.04%

-5.04 pp from 2021

Benchmarks

See 8,687 peers

Peer group

Industry48 - Transportation and Warehousing

Plan typeDefined contribution

Participants<25

Cohort8,687 peers

Snapshot2022

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

Analytics

Total assets (EOY)

Plan-year ending balance

$533K

Not enough data

1 years with asset history on file

Average account balance

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

$7K

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.

77.4%

Not enough data

1 years with eligibility data

Contributions (total)

Employer and participant dollars contributed each year

$202K

Not enough data

1 years with contributions on file

Contributions per participant

Average employer and participant contribution per enrolled participant

$2K

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

+15.65%

Not enough data

1 years with return on file

Admin fee / account holder

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

$750

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 codes2E2J2F2G2R3D

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.
2R
Participant-directed brokerage accounts
Participant-directed brokerage accounts provided as an investment option under the plan.
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

1 tripped

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

Expense breakdown

Schedule H Part II

Admin total

$32

$4 / participant

Other / not subdivided$32100.0%

% of EOY assets

0.023%

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

$5,455

$82,314-93.4%

$68,808-92.1%

$134,532-95.9%

Participation rate

44.4%

75.1%-30.6pp

69.0%-24.6pp

81.2%-36.8pp

Annual return

-5.04%

-2.18%-2.9pp

-6.37%+1.3pp

418.27%-423.3pp

Employer contribution / active EE

$1,112

$3,301-66.3%

$2,656-58.1%

$4,741-76.5%

Participant deferral / active EE

$2,544

$4,740-46.3%

$3,942-35.5%

$6,401-60.3%

Admin fee / account holder

$6,484-100.0%

$4,936-100.0%

$11,429-100.0%

TECTONIC TRANSPORT 401(K) PLAN

Summary metrics

Benchmarksi

Analytics

Service providersi

Plan features & details

Opportunity flagsi

Expense breakdowni

Audit opinioni

TECTONIC TRANSPORT 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