Retirement plan

TEAM ALLIANCE LOGISTICS INC. RETIREMENT PLAN

Name: TEAM ALLIANCE LOGISTICS INC. - TEAM ALLIANCE LOGISTICS INC. RETIREMENT PLAN (2023) Form 5500
Creator: TEAM ALLIANCE LOGISTICS INC.
License: https://www.dol.gov/general/disclaim
Keywords: Form 5500, ERISA, retirement plan, TEAM ALLIANCE LOGISTICS INC. RETIREMENT PLAN, TEAM ALLIANCE LOGISTICS INC.

TEAM ALLIANCE LOGISTICS INC.EIN 84-2743907Plan #001PY 2023

19935 E. WALNUT DRIVE N - CITY OF INDUSTRY, CA 91789562-503-4200

Prospect flagsLow returns

How to read this page

Total assets (EOY)

$302K

+67.6% from 2022

Total participants

+100.0% from 2022

Average account balance

$8,893

-21.1% from 2022

Annual return

10.28%

+10.28 pp from 2022

Benchmarks

See 18,480 peers

Peer group

Industry56 - Administrative and Support and Waste Management and Remediation Services

Plan typeDefined contribution

Participants<25

Cohort18,480 peers

Snapshot2023

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

Analytics

Total assets (EOY)

Plan-year ending balance

$495K

Not enough data

1 years with asset history on file

Average account balance

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

$13K

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.

284.6%

Not enough data

1 years with eligibility data

Contributions (total)

Employer and participant dollars contributed each year

$92K

Not enough data

1 years with contributions on file

Contributions per participant

Average employer and participant contribution per enrolled participant

$7K

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

+6.54%

Not enough data

1 years with return on file

Admin fee / account holder

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

$1047

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 codes2E2G2J3D3H

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.
3H
Controlled group member
Plan sponsor(s) is (are) a member(s) of a controlled group (Code sections 414(b) (c) or (m)).

Opportunity flags

1 tripped

OpportunityLow returns
Annual investment return is in the bottom quintile of the peer cohort.

Expense breakdown

Schedule H Part II

Admin total

$5K

$273 / participant

Other / not subdivided$5K100.0%

% of EOY assets

1.804%

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

$8,893

$96,388-90.8%

$80,627-89.0%

$139,466-93.6%

Participation rate

90.0%

73.6%+16.4pp

67.0%+23.0pp

80.3%+9.7pp

Annual return

10.28%

1352.08%-1341.8pp

936.76%-926.5pp

373.66%-363.4pp

Employer contribution / active EE

$1,889

$3,260-42.1%

$2,723-30.6%

$4,754-60.3%

Participant deferral / active EE

$3,461

$5,224-33.8%

$4,443-22.1%

$6,712-48.4%

Admin fee / account holder

$160

$6,603-97.6%

$5,381-97.0%

$11,409-98.6%

TEAM ALLIANCE LOGISTICS INC. RETIREMENT PLAN

Summary metrics

Benchmarksi

Analytics

Service providersi

Plan features & details

Opportunity flagsi

Expense breakdowni

Audit opinioni

TEAM ALLIANCE LOGISTICS INC. RETIREMENT 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