Retirement plan

TUBELITE DENCO 401(K) PROFIT SHARING PLAN

Name: TUBELITE HOLDINGS, LLC - TUBELITE DENCO 401(K) PROFIT SHARING PLAN (2020) Form 5500
Creator: TUBELITE HOLDINGS, LLC
License: https://www.dol.gov/general/disclaim
Keywords: Form 5500, ERISA, retirement plan, TUBELITE DENCO 401(K) PROFIT SHARING PLAN, TUBELITE HOLDINGS, LLC

TUBELITE HOLDINGS, LLCEIN 84-2410409Plan #333PY 2020

102 SEMORAN COMMERCE PLACE - APOPKA, FL 32703407-884-0477

Prospect flagsLow returnsLow participant contribution

How to read this page

Total assets (EOY)

$6M

No prior year

Total participants

187

No prior year

Average account balance

$40,048

No prior year

Annual return

11.18%

No prior year

Benchmarks

See 2,270 peers

Peer group

Industry42 - Wholesale Trade

Plan typeDefined contribution

Participants100-249

Cohort2,270 peers

Snapshot2020

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

Analytics

Total assets (EOY)

Plan-year ending balance

Not enough data

1 years with asset history on file

Average account balance

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

Not enough data

0 years with per-participant data

Participants with account balance

Stacked by status: active / separated vested / retired or beneficiary. Total = line 6g.

Not enough data

0 years with headcount on file

Eligible Participants and Participation

Bars: eligible actives (line 6a). Line: derived rate = active employees with a balance / 6a.

Not enough data

0 years with eligibility data

Contributions (total)

Employer and participant dollars contributed each year

Not enough data

0 years with contributions on file

Contributions per participant

Average employer and participant contribution per enrolled participant

Not enough data

0 years with per-participant contribution data

Asset flow

BOY + contributions + return - distributions = EOY

Year

Annual return

Diverging bars; negative years highlighted

-2.87%

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

Top 2 by compensation

Provider	Service type	Compensation
JPMORGAN INVEST HOLDINGS LLC1+ years Service code 64 · EIN 13-2624428	Recordkeeping Fees	$3,212
GLOBAL RETIREMENT PARTNERS LLC1+ years Service code 27 4340 REDWOOD HWY STE B60 · SAN RAFAEL, CA 94903	Advisory (Plan)	$2,773

Plan features & details

Pension benefit codes2E2F2G2J2K2T3D

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.
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.
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 participant contribution
Participant contribution per participant is in the bottom quintile of the peer cohort.
OpportunityLow returns
Annual investment return is in the bottom quintile of the peer cohort.

Expense breakdown

Schedule H Part II

Admin total

$42K

$245 / participant

Contract admin$42K100.0%

% of EOY assets

0.706%

all-in expense ratio

Categories reported

1 / 9

subdivided buckets used

Audit opinion

Schedule H Part III

Unqualified opinion

Auditor signed off without reservation - the cleanest possible opinion.

Auditor firm: PURVIS, GRAY & COMPANY, LLP
Auditor EIN: 590548468
Audit fees: (not subdivided)
Opinion code: Unqualified

Metric

This plan

Peer set

Industry

Size

Avg account balance

$40,048

$81,494-50.9%

$133,978-70.1%

$73,497-45.5%

Participation rate

78.6%

76.4%+2.2pp

79.8%-1.2pp

70.7%+7.9pp

Annual return

11.18%

19.40%-8.2pp

45.10%-33.9pp

28.51%-17.3pp

Employer contribution / active EE

$1,507

$2,210-31.8%

$3,919-61.5%

$2,270-33.6%

Participant deferral / active EE

$539

$3,787-85.8%

$5,047-89.3%

$3,740-85.6%

Admin fee / account holder

$283

$713-60.4%

$8,930-96.8%

$513-44.9%

Provider

Service type

Compensation

JPMORGAN INVEST HOLDINGS LLC1+ years

Service code 64 · EIN 13-2624428

Recordkeeping Fees

$3,212

GLOBAL RETIREMENT PARTNERS LLC1+ years

Service code 27

4340 REDWOOD HWY STE B60 · SAN RAFAEL, CA 94903

Advisory (Plan)

$2,773

TUBELITE DENCO 401(K) PROFIT SHARING PLAN

Summary metrics

Benchmarksi

Analytics

Service providersi

Plan features & details

Opportunity flagsi

Expense breakdowni

Audit opinioni

TUBELITE DENCO 401(K) PROFIT SHARING 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