Retirement plan

TARPLEY DRUG COMPANY INC. 401(K) PROFIT SHARING PLAN

Name: TARPLEY DRUG COMPANY INC. - TARPLEY DRUG COMPANY INC. 401(K) PROFIT SHARING PLAN (2023) Form 5500
Creator: TARPLEY DRUG COMPANY INC.
License: https://www.dol.gov/general/disclaim
Keywords: Form 5500, ERISA, retirement plan, TARPLEY DRUG COMPANY INC. 401(K) PROFIT SHARING PLAN, TARPLEY DRUG COMPANY INC.

TARPLEY DRUG COMPANY INC.EIN 84-4286413Plan #001PY 2023

40 HOSPITAL ROAD - NEWNAN, GA 30263678-877-1501

Prospect flagsHigh fees

How to read this page

Total assets (EOY)

$370K

+31.4% from 2022

Total participants

+35.7% from 2022

Average account balance

$24,648

+5.1% from 2022

Annual return

17.43%

+37.54 pp from 2022

Benchmarks

See 22,174 peers

Peer group

Industry44 - Retail Trade

Plan typeDefined contribution

Participants<25

Cohort22,174 peers

Snapshot2023

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

Analytics

Total assets (EOY)

Plan-year ending balance

$579K

Not enough data

1 years with asset history on file

Average account balance

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

$41K

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.

63.6%

Not enough data

1 years with eligibility data

Contributions (total)

Employer and participant dollars contributed each year

$74K

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

+20.05%

Not enough data

1 years with return on file

Admin fee / account holder

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

$6733

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 codes2E2F2J2T3D

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).
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.
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

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

$69K

$3835 / participant

Other / not subdivided$69K100.0%

% of EOY assets

18.673%

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

$24,648

$102,635-76.0%

$86,209-71.4%

$139,456-82.3%

Participation rate

77.8%

74.5%+3.3pp

69.0%+8.8pp

80.3%-2.5pp

Annual return

17.43%

1923.53%-1906.1pp

1169.05%-1151.6pp

373.45%-356.0pp

Employer contribution / active EE

$1,689

$3,034-44.3%

$2,381-29.1%

$4,753-64.5%

Participant deferral / active EE

$4,045

$4,677-13.5%

$3,986+1.5%

$6,711-39.7%

Admin fee / account holder

$4,602

$8,661-46.9%

$6,853-32.8%

$11,407-59.7%

TARPLEY DRUG COMPANY INC. 401(K) PROFIT SHARING PLAN

Summary metrics

Benchmarksi

Analytics

Service providersi

Plan features & details

Opportunity flagsi

Expense breakdowni

Audit opinioni

TARPLEY DRUG COMPANY INC. 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