Retirement plan

TITUS-WILL RETIREMENT SAVINGS PLAN

Name: TITUS-WILL - TITUS-WILL RETIREMENT SAVINGS PLAN (2019) Form 5500
Creator: TITUS-WILL
License: https://www.dol.gov/general/disclaim
Keywords: Form 5500, ERISA, retirement plan, TITUS-WILL RETIREMENT SAVINGS PLAN, TITUS-WILL

TITUS-WILLEIN 91-0441515Plan #001PY 2019

3606 SOUTH SPRAGUE - TACOMA, WA 984097444253-475-4151tituswillford.comLinkedIn51-200 employeesautomotive

Prospect flagsCorrective distributions

Top hat statement on fileNQDC

Filed November 16, 2022

Plan administrator

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3606 S. Sprague Ave.

Tacoma, WA 98409

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Plans declared (1)

Long Term Incentive Plan2 emp

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Total assets (EOY)

$23.8M

+19.2% from 2018

Total participants

818

+85.9% from 2018

Average account balance

$33,921

-57.2% from 2018

Annual return

21.38%

+27.68 pp from 2018

Benchmarks

See 1,312 peers

Peer group

Industry44 - Retail Trade

Plan typeDefined contribution

Participants250-999

Cohort1,312 peers

Snapshot2019

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

Analytics

Total assets (EOY)

Plan-year ending balance

$37.15M

Not enough data

1 years with asset history on file

Average account balance

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

$34K

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.

1,098

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.

93.6%

Not enough data

1 years with eligibility data

Contributions (total)

Employer and participant dollars contributed each year

$3.28M

Not enough data

1 years with contributions on file

Contributions per participant

Average employer and participant contribution per enrolled participant

$6K

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

+13.93%

Not enough data

1 years with return on file

Admin fee / account holder

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

$269

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

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Service providers

Top 6 by compensation

Provider	Service type	Compensation
PACIFIC PORTFOLIO CONSULTING5+ years Filed as: PACIFIC PORTFOLIO CONSULTING, LLC Service code 26 · EIN 20-3430177	Advisory (Participants)	$21,652
GEFFEN MESHER3 years Filed as: GEFFEN MESHER & COMPANY, P.C Service code 10 · EIN 93-1042710	Accounting	$19,876
MORNINGSTAR5+ years Service code 26 · EIN 36-3297908	Advisory (Participants)	$10,312
VOYA RETIREMENT INSURANCE & ANNUITY5+ years Filed as: VOYA RETIREMENT INS AND ANNUITY CO Service code 26 · EIN 71-0294708	Advisory (Participants)	$10,312
MORAN KNOBEL3 years Service code 16 · EIN 91-0964302	Consulting	$3,650
ASCENSUS LLC1 year Filed as: ASCENSUS Service code 14 415 8TH AVE NE · BRAINERD, MN 56401	Plan Administrator	$0

Plan features & details

Pension benefit codes2E2G2J2K3D3H

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.
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.
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

ComplianceCorrective distributions
Plan reported corrective distributions (failed ADP/ACP testing).

Expense breakdown

Schedule H Part II

Admin total

$164K

$273 / participant

Investment mgmt$32K19.4%
Other / not subdivided$132K80.6%

% of EOY assets

0.691%

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: GEFFEN MESHER & COMPANY P.C.
Auditor EIN: 931042710
Audit fees: (not subdivided)
Opinion code: Disclaimer

Metric

This plan

Peer set

Industry

Size

Avg account balance

$33,921

$40,174-15.6%

$84,021-59.6%

$67,579-49.8%

Participation rate

80.8%

62.7%+18.1pp

69.0%+11.7pp

71.3%+9.5pp

Annual return

21.38%

25.82%-4.4pp

71.32%-49.9pp

378.56%-357.2pp

Employer contribution / active EE

$640

$808-20.8%

$1,984-67.7%

$2,148-70.2%

Participant deferral / active EE

$3,202

$2,301+39.1%

$3,239-1.2%

$3,539-9.5%

Admin fee / account holder

$234

$128+82.6%

$6,102-96.2%

$142+64.6%

Provider

Service type

Compensation

PACIFIC PORTFOLIO CONSULTING5+ years

Filed as: PACIFIC PORTFOLIO CONSULTING, LLC

Service code 26 · EIN 20-3430177

Advisory (Participants)

$21,652

GEFFEN MESHER3 years

Filed as: GEFFEN MESHER & COMPANY, P.C

Service code 10 · EIN 93-1042710

Accounting

$19,876

MORNINGSTAR5+ years

Service code 26 · EIN 36-3297908

Advisory (Participants)

$10,312

VOYA RETIREMENT INSURANCE & ANNUITY5+ years

Filed as: VOYA RETIREMENT INS AND ANNUITY CO

Service code 26 · EIN 71-0294708

Advisory (Participants)

$10,312

MORAN KNOBEL3 years

Service code 16 · EIN 91-0964302

Consulting

$3,650

ASCENSUS LLC1 year

Filed as: ASCENSUS

Service code 14

415 8TH AVE NE · BRAINERD, MN 56401

Plan Administrator

TITUS-WILL RETIREMENT SAVINGS PLAN

Top hat statement on fileNQDC

Plan administrator

Plans declared (1)

Summary metrics

Benchmarksi

Analytics

Service providersi

Plan features & details

Opportunity flagsi

Expense breakdowni

Audit opinioni

TITUS-WILL RETIREMENT SAVINGS PLAN

Top hat statement on fileNQDC

Plan administrator

Plans declared (1)

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