Retirement plan

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

Name: THURSTON COUNTY TITLE COMPANY - T.C.T. 401(K) PROFIT SHARING PLAN (2016) 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 2016

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

Prospect flagsHigh feesLow employer contribution

How to read this page

Total assets (EOY)

$8.1M

+2.6% from 2015

Total participants

283

+6.4% from 2015

Average account balance

$33,491

+3.9% from 2015

Annual return

11.89%

+7.03 pp from 2015

Benchmarks

See 896 peers

Peer group

Industry53 - Real Estate and Rental and Leasing

Plan typeDefined contribution

Participants100-249

Cohort896 peers

Snapshot2016

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 6 by compensation

Provider	Service type	Compensation
PANAGIOTU PENSION ADVISORS, INC.2+ years Service code 13 7350 CIRQUE DR W, STE 201 · UNIVERSITY PLACE, WA 98467	Contract Administrator	$31,592
KILEY JUERGENS WEALTH MANAGEMENT2+ years Service code 27 2413 PACIFIC AVE SE, STE C · OLYMPIA, WA 98501	Advisory (Plan)	$26,433
RSM US LLP2+ years Service code 10 5155 PAYSPHERE CIRCLE · CHICAGO, IL 60674	Accounting	$20,990
AMERICAN FUNDS2+ years Filed as: CAPITAL RESEARCH & MANAGEMENT CO. Service code 15 333 SOUTH HOPE STREET · LOS ANGELES, CA 90071	Recordkeeping	$19,940
COLDWELL BANK COMMERCIAL1 year Filed as: COLDWELL BANKER EVERGREEN OLYMPIC Service code 32 3333 CAPITOL BLVD S · TUMWATER, WA 98501	Real estate brokerage	$13,950
CHARLES W. MASON & ASSOCIATES, INC.1 year Filed as: MASON COUNTY Service code 72 411 N 5TH, BLDG 1 · SHELTON, WA 98584	Other investment fees and expenses	$5,128

Plan features & details

Pension benefit codes2A2E2F2H2J2T3D3H2K

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.
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.
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

2 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.)

Expense breakdown

Schedule H Part II

Admin total

$121K

$518 / participant

Investment mgmt$26K21.9%
Other / not subdivided$94K78.1%

% of EOY assets

1.484%

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

$33,491

$50,898-34.2%

$171,082-80.4%

$55,167-39.3%

Participation rate

82.8%

63.3%+19.6pp

76.7%+6.1pp

69.0%+13.8pp

Annual return

11.89%

15.34%-3.5pp

32.56%-20.7pp

169.23%-157.3pp

Employer contribution / active EE

$277

$1,433-80.7%

$4,002-93.1%

$1,963-85.9%

Participant deferral / active EE

$1,767

$2,994-41.0%

$4,797-63.2%

$3,054-42.1%

Admin fee / account holder

$497

$500-0.5%

$8,520-94.2%

$504-1.4%

Provider

Service type

Compensation

PANAGIOTU PENSION ADVISORS, INC.2+ years

Service code 13

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

Contract Administrator

$31,592

KILEY JUERGENS WEALTH MANAGEMENT2+ years

Service code 27

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

Advisory (Plan)

$26,433

RSM US LLP2+ years

Service code 10

5155 PAYSPHERE CIRCLE · CHICAGO, IL 60674

Accounting

$20,990

AMERICAN FUNDS2+ years

Filed as: CAPITAL RESEARCH & MANAGEMENT CO.

Service code 15

333 SOUTH HOPE STREET · LOS ANGELES, CA 90071

Recordkeeping

$19,940

COLDWELL BANK COMMERCIAL1 year

Filed as: COLDWELL BANKER EVERGREEN OLYMPIC

Service code 32

3333 CAPITOL BLVD S · TUMWATER, WA 98501

Real estate brokerage

$13,950

CHARLES W. MASON & ASSOCIATES, INC.1 year

Filed as: MASON COUNTY

Service code 72

411 N 5TH, BLDG 1 · SHELTON, WA 98584

Other investment fees and expenses

$5,128

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