Retirement plan

TOWN & COUNTRY MARKETS, INC. RETIREMENT SAVINGS PLAN

Name: TOWN & COUNTRY MARKETS, INC. - TOWN & COUNTRY MARKETS, INC. RETIREMENT SAVINGS PLAN (2021) Form 5500
Creator: TOWN & COUNTRY MARKETS, INC.
License: https://www.dol.gov/general/disclaim
Keywords: Form 5500, ERISA, retirement plan, TOWN & COUNTRY MARKETS, INC. RETIREMENT SAVINGS PLAN, TOWN & COUNTRY MARKETS, INC.

TOWN & COUNTRY MARKETS, INC.EIN 91-0671586Plan #001PY 2021

130 5TH AVE S, NO. 126 - EDMONDS, WA 98020425-409-2670townandcountrymarkets.comLinkedIn1001-5000 employeessupermarkets

Other plans on this EIN

1 filing

#003Retirement-$11.3M assets

Prospect flagsFailed to transmit contributionsCorrective distributions

How to read this page

Total assets (EOY)

$59.9M

+12.7% from 2020

Total participants

1,475

+7.3% from 2020

Average account balance

$45,180

+6.2% from 2020

Annual return

13.19%

+0.82 pp from 2020

Benchmarks

See 360 peers

Peer group

Industry44 - Retail Trade

Plan typeDefined contribution

Participants1,000-4,999

Cohort360 peers

Snapshot2021

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

Analytics

Total assets (EOY)

Plan-year ending balance

$59.56M

Not enough data

1 years with asset history on file

Average account balance

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

$46K

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.

1,281

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.

90.9%

Not enough data

1 years with eligibility data

Contributions (total)

Employer and participant dollars contributed each year

$3.26M

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

+8.38%

Not enough data

1 years with return on file

Admin fee / account holder

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

$121

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

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

Service providers

Top 3 by compensation

Provider	Service type	Compensation
NORTHWEST PLAN SERVICES, INC.4 years Service code 15 · EIN 91-2090931	Recordkeeping	$93,266
PACIFIC PORTFOLIO CONSULTING3 years Service code 27 · EIN 20-4049073	Advisory (Plan)	$38,245
CHARLES SCHWAB & CO., INC.3 years Filed as: CHARLES SCHWAB TRUST COMPANY Service code 19 · EIN 42-1558009	Securities Custodian	$19,297

Plan features & details

Pension benefit codes2E2F2H2J2K2T3D

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).
2H
Partial participant-directed account plan
Participants have the opportunity to direct the investment of a portion 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

ComplianceFailed to transmit contributions
Form 5500 reported a failure to timely transmit participant contributions (Schedule H line 4a).
ComplianceCorrective distributions
Plan reported corrective distributions (failed ADP/ACP testing).

Expense breakdown

Schedule H Part II

Admin total

$140K

$118 / participant

Investment mgmt$27K19.6%
Contract admin$93K66.6%
Other / not subdivided$19K13.8%

% of EOY assets

0.234%

all-in expense ratio

Categories reported

2 / 9

subdivided buckets used

Audit opinion

Schedule H Part III

Unqualified opinion

Auditor signed off without reservation - the cleanest possible opinion.

Auditor firm: CLARK NUBER P.S.
Auditor EIN: 911194016
Audit fees: (not subdivided)
Opinion code: Unqualified

Metric

This plan

Peer set

Industry

Size

Avg account balance

$45,180

$48,166-6.2%

$96,572-53.2%

$93,010-51.4%

Participation rate

87.4%

65.1%+22.3pp

69.8%+17.6pp

73.9%+13.5pp

Annual return

13.19%

21.31%-8.1pp

37.79%-24.6pp

158.70%-145.5pp

Employer contribution / active EE

$657

$1,070-38.6%

$2,357-72.1%

$2,705-75.7%

Participant deferral / active EE

$2,128

$2,576-17.4%

$3,850-44.7%

$4,561-53.3%

Admin fee / account holder

$106

$110-4.1%

$6,183-98.3%

$152-30.3%

Provider

Service type

Compensation

NORTHWEST PLAN SERVICES, INC.4 years

Service code 15 · EIN 91-2090931

Recordkeeping

$93,266

PACIFIC PORTFOLIO CONSULTING3 years

Service code 27 · EIN 20-4049073

Advisory (Plan)

$38,245

CHARLES SCHWAB & CO., INC.3 years

Filed as: CHARLES SCHWAB TRUST COMPANY

Service code 19 · EIN 42-1558009

Securities Custodian

$19,297

TOWN & COUNTRY MARKETS, INC. RETIREMENT SAVINGS PLAN

Summary metrics

Benchmarksi

Analytics

Service providersi

Plan features & details

Opportunity flagsi

Expense breakdowni

Audit opinioni

TOWN & COUNTRY MARKETS, INC. RETIREMENT SAVINGS 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