Retirement plan

T.C.T. 401(K) PROFIT SHARING PLAN

Name: THURSTON COUNTY TITLE COMPANY - T.C.T. 401(K) PROFIT SHARING PLAN (2015) Form 5500
Creator: THURSTON COUNTY TITLE COMPANY
License: https://www.dol.gov/general/disclaim
Keywords: Form 5500, ERISA, retirement plan, T.C.T. 401(K) PROFIT SHARING PLAN, THURSTON COUNTY TITLE COMPANY

THURSTON COUNTY TITLE COMPANYEIN 91-0867867Plan #333PY 2015

105 - 8TH AVE. SE - OLYMPIA, WA 98501360-943-7300thurstoncountytitle.comLinkedIn11-50 employeesreal estate

Prospect flagsHigh feesLow employer contributionCorrective distributions

How to read this page

Total assets (EOY)

$7.9M

No prior year

Total participants

266

No prior year

Average account balance

$32,231

No prior year

Annual return

4.87%

No prior year

Benchmarks

See 855 peers

Peer group

Industry53 - Real Estate and Rental and Leasing

Plan typeDefined contribution

Participants100-249

Cohort855 peers

Snapshot2015

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

Analytics

Total assets (EOY)

Plan-year ending balance

$10.83M

Not enough data

1 years with asset history on file

Average account balance

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

$40K

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.

272

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.

78.0%

Not enough data

1 years with eligibility data

Contributions (total)

Employer and participant dollars contributed each year

$769K

Not enough data

1 years with contributions on file

Contributions per participant

Average employer and participant contribution per enrolled participant

$4K

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

+13.23%

Not enough data

1 years with return on file

Admin fee / account holder

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

$356

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 5 by compensation

Provider	Service type	Compensation
RSM US LLP1+ years Service code 10 · EIN 42-0714325 105 8TH AVE SE · OLYMPIA, WA 98501	Accounting	$31,000
PANAGIOTU PENSION ADVISORS, INC.1+ years Service code 13 · EIN 91-1463664 7350 CIRQUE DR W, STE 201 · UNIVERSITY PLACE, WA 98467	Contract Administrator	$28,179
KILEY JUERGENS WEALTH MANAGEMENT1+ years Service code 26 2413 PACIFIC AVE SE, STE C · OLYMPIA, WA 98501	Advisory (Participants)	$24,765
AMERICAN FUNDS1+ years Filed as: CAPITAL RESEARCH & MANAGEMENT CO. Service code 15 333 SOUTH HOPE STREET · LOS ANGELES, CA 90071	Recordkeeping	$11,667
BAKER RESOURCE GROUP, LLC1+ years Service code 34 · EIN 91-1958419 PO BOX 12539 · OLYMPIA, WA 98508	Valuation (appraisals, etc.)	$10,000

Plan features & details

Pension benefit codes2A2E2F2H2J2T3D3H

Plan features

2A
Age/service weighted or new comparability plan
Age/service weighted plan where allocations are based on age service or age and service; or new comparability or similar plan where allocations are based on participant classifications consisting entirely or predominantly of highly compensated employees or the plan provides an additional allocation rate on compensation above a specified threshold that exceeds the permitted disparity limits of Code section 401(l).
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.
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.
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

3 tripped

OpportunityLow employer contribution
Employer contribution per participant is in the bottom quintile of the peer cohort.
OpportunityHigh fees
Administrative expenses exceed $300 per participant per year - possible fee-review opportunity. (Recordkeeping / audit / legal; excludes investment management.)
ComplianceCorrective distributions
Plan reported corrective distributions (failed ADP/ACP testing).

Expense breakdown

Schedule H Part II

Admin total

$123K

$617 / participant

Investment mgmt$25K19.9%
Other / not subdivided$99K80.1%

% of EOY assets

1.557%

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: RSM US LLP
Auditor EIN: 420714325
Audit fees: (not subdivided)
Opinion code: Disclaimer

Metric

This plan

Peer set

Industry

Size

Avg account balance

$32,231

$45,283-28.8%

$155,789-79.3%

$52,331-38.4%

Participation rate

90.0%

62.2%+27.8pp

76.1%+13.9pp

68.1%+21.9pp

Annual return

4.87%

1.80%+3.1pp

71.54%-66.7pp

4.54%+0.3pp

Employer contribution / active EE

$60

$1,329-95.5%

$3,839-98.4%

$1,882-96.8%

Participant deferral / active EE

$1,840

$2,854-35.5%

$4,798-61.7%

$3,022-39.1%

Admin fee / account holder

$502

$981-48.8%

$7,477-93.3%

$592-15.2%

Provider

Service type

Compensation

RSM US LLP1+ years

Service code 10 · EIN 42-0714325

105 8TH AVE SE · OLYMPIA, WA 98501

Accounting

$31,000

PANAGIOTU PENSION ADVISORS, INC.1+ years

Service code 13 · EIN 91-1463664

7350 CIRQUE DR W, STE 201 · UNIVERSITY PLACE, WA 98467

Contract Administrator

$28,179

KILEY JUERGENS WEALTH MANAGEMENT1+ years

Service code 26

2413 PACIFIC AVE SE, STE C · OLYMPIA, WA 98501

Advisory (Participants)

$24,765

AMERICAN FUNDS1+ years

Filed as: CAPITAL RESEARCH & MANAGEMENT CO.

Service code 15

333 SOUTH HOPE STREET · LOS ANGELES, CA 90071

Recordkeeping

$11,667

BAKER RESOURCE GROUP, LLC1+ years

Service code 34 · EIN 91-1958419

PO BOX 12539 · OLYMPIA, WA 98508

Valuation (appraisals, etc.)

$10,000

T.C.T. 401(K) PROFIT SHARING PLAN

Summary metrics

Benchmarksi

Analytics

Service providersi

Plan features & details

Opportunity flagsi

Expense breakdowni

Audit opinioni

T.C.T. 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