Retirement plan

TUCCI & SONS, INC. 401(K) PROFIT SHARING PLAN AND TRUST

Name: TUCCI & SONS, INC. - TUCCI & SONS, INC. 401(K) PROFIT SHARING PLAN AND TRUST (2019) Form 5500
Creator: TUCCI & SONS, INC.
License: https://www.dol.gov/general/disclaim
Keywords: Form 5500, ERISA, retirement plan, TUCCI & SONS, INC. 401(K) PROFIT SHARING PLAN AND TRUST, TUCCI & SONS, INC.

TUCCI & SONS, INC.EIN 91-0534168Plan #001PY 2019

4224 WALLER ROAD - TACOMA, WA 98443253-922-6676tucciandsons.comLinkedIn51-200 employeesconstruction

Prospect flagsHigh feesHigh assets / participant

How to read this page

Total assets (EOY)

$14.1M

+20.5% from 2018

Total participants

-5.6% from 2018

Average account balance

$276,186

+18.1% from 2018

Annual return

26.53%

+35.17 pp from 2018

Benchmarks

See 15,814 peers

Peer group

Industry23 - Construction

Plan typeDefined contribution

Participants25-99

Cohort15,814 peers

Snapshot2019

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

Analytics

Total assets (EOY)

Plan-year ending balance

$12.06M

Not enough data

1 years with asset history on file

Average account balance

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

$246K

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.

100.0%

Not enough data

1 years with eligibility data

Contributions (total)

Employer and participant dollars contributed each year

$771K

Not enough data

1 years with contributions on file

Contributions per participant

Average employer and participant contribution per enrolled participant

$23K

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

+12.63%

Not enough data

1 years with return on file

Admin fee / account holder

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

$297195

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 5 by compensation

Provider	Service type	Compensation
UBS FINANCIAL SERVICES INC2 years Service code 27 315 DEADRICK ST 5TH FLOOR · NASHVILLE, TN 37238	Advisory (Plan)	$30,813
GREAT-WEST LIFE & ANNUITY INSURANCE2 years Service code 64 815 EAST ORCHARD ROAD · GREENWOOD VILLAGE, CO 80111	Recordkeeping Fees	$15,858
SPECTRUM PENSION CONSULTANTS, INC.1 year Filed as: SPECTRUM PENSION CONSULTANTS Service code 13 PO BOX 65500 · UNIVERSITY PLACE, WA 98464	Contract Administrator	$540
GREAT-WEST LIFE & ANNUITY INSURANCE1 year Filed as: ADVISED ASSETS GROUP Service code 28 8515 EAST ORCHARD ROAD · GREENWOOD VILLAGE, CO 80111	Investment Management	$2
UBS FINANCIAL SERVICES INC4+ years Filed as: UBS FINANCIAL SVCS INS AGCY INC Service code 55	Other Commissions	$0

Plan features & details

Pension benefit codes2E2F2G2J2K3D

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.
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

OpportunityHigh fees
Administrative expenses exceed $300 per participant per year - possible fee-review opportunity. (Recordkeeping / audit / legal; excludes investment management.)
InformationalHigh assets / participant
Assets per participant exceed $250,000 - top-decile high-value plan.

Expense breakdown

Schedule H Part II

Admin total

$1.3M

$28276 / participant

Other / not subdivided$1M100.0%

% of EOY assets

9.033%

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

$276,186

$65,361+322.6%

$92,903+197.3%

$72,983+278.4%

Participation rate

100.0%

68.3%+31.7pp

76.0%+24.0pp

69.5%+30.5pp

Annual return

26.53%

42.11%-15.6pp

109.43%-82.9pp

81.01%-54.5pp

Employer contribution / active EE

$7,858

$2,594+202.9%

$3,653+115.1%

$2,440+222.1%

Participant deferral / active EE

$3,652

$3,128+16.7%

$4,238-13.8%

$3,608+1.2%

Admin fee / account holder

$24,949

$4,251+486.9%

$5,795+330.5%

$5,124+386.9%

Provider

Service type

Compensation

UBS FINANCIAL SERVICES INC2 years

Service code 27

315 DEADRICK ST 5TH FLOOR · NASHVILLE, TN 37238

Advisory (Plan)

$30,813

GREAT-WEST LIFE & ANNUITY INSURANCE2 years

Service code 64

815 EAST ORCHARD ROAD · GREENWOOD VILLAGE, CO 80111

Recordkeeping Fees

$15,858

SPECTRUM PENSION CONSULTANTS, INC.1 year

Filed as: SPECTRUM PENSION CONSULTANTS

Service code 13

PO BOX 65500 · UNIVERSITY PLACE, WA 98464

Contract Administrator

$540

GREAT-WEST LIFE & ANNUITY INSURANCE1 year

Filed as: ADVISED ASSETS GROUP

Service code 28

8515 EAST ORCHARD ROAD · GREENWOOD VILLAGE, CO 80111

Investment Management

UBS FINANCIAL SERVICES INC4+ years

Filed as: UBS FINANCIAL SVCS INS AGCY INC

Service code 55

Other Commissions

TUCCI & SONS, INC. 401(K) PROFIT SHARING PLAN AND TRUST

Summary metrics

Benchmarksi

Analytics

Service providersi

Plan features & details

Opportunity flagsi

Expense breakdowni

Audit opinioni

TUCCI & SONS, INC. 401(K) PROFIT SHARING PLAN AND TRUST

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