Retirement plan

TCRS 401(K) PLAN

Name: TRI CITIES RESIDENTIAL SERVICES, INC. - TCRS 401(K) PLAN (2024) Form 5500
Creator: TRI CITIES RESIDENTIAL SERVICES, INC.
License: https://www.dol.gov/general/disclaim
Keywords: Form 5500, ERISA, retirement plan, TCRS 401(K) PLAN, TRI CITIES RESIDENTIAL SERVICES, INC.

TRI CITIES RESIDENTIAL SERVICES, INC.EIN 91-1046818Plan #001PY 2024

P. O. BOX 6084 - KENNEWICK, WA 99336509-783-3331tcrs1978.comLinkedIn51-200 employeesindividual & family services

Prospect flagsLow fidelity bond

How to read this page

Total assets (EOY)

$3.3M

+13.6% from 2023

Total participants

148

+5.7% from 2023

Average account balance

$24,951

+5.0% from 2023

Annual return

11.45%

-4.56 pp from 2023

Benchmarks

See 6,019 peers

Peer group

Industry62 - Health Care and Social Assistance

Plan typeDefined contribution

Participants100-249

Cohort6,019 peers

Snapshot2024

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

Analytics

Total assets (EOY)

Plan-year ending balance

$3.29M

Not enough data

1 years with asset history on file

Average account balance

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

$25K

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.

132

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.

86.1%

Not enough data

1 years with eligibility data

Contributions (total)

Employer and participant dollars contributed each year

$572K

Not enough data

1 years with contributions on file

Contributions per participant

Average employer and participant contribution per enrolled participant

$5K

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

+11.45%

Not enough data

1 years with return on file

Admin fee / account holder

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

$139

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 5 by compensation

Provider	Service type	Compensation
EPIC TRUST INVESTMENT ADVISORS LLC5 years Service code 51 · EIN 47-1495882 1305 FOWLER ST · RICHLAND, WA 99352	Investment Mgmt Fees	$3,365
PROFESSIONAL BENEFIT SERVICES5 years Filed as: PROFESSIONAL BENEFIT SERVICES, INC. Service code 13 · EIN 93-0998477 1193 ROYVONNE AVE SE, SUITE 22 · SALEM, OR 97302	Contract Administrator	$3,250
NATIONWIDE6 years Service code 26 · EIN 31-4156830 ONE NATIONWIDE PLAZA · COLUMBUS, OH 43215	Advisory (Participants)	$799
IRON-CO-FID-COMPREHENSIVE5 years Filed as: IRON-CO-FID-INDEX-COMPREHENSIVE Service code 51 · EIN 26-2409128 630 DUNDEE RD STE 200 · NORTHBROOK, IL 60062	Investment Mgmt Fees	$623
PROACCOUNT1 year Service code 23 · EIN 73-0988442 10 W NATIONWIDE BLVD · COLUMBUS, OH 43215	Insurance services	$592

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

1 tripped

ComplianceLow fidelity bond
Fidelity bond coverage is below the ERISA section 412 10%-of-assets minimum (capped at $500,000).

Expense breakdown

Schedule H Part II

Admin total

$18K

$159 / participant

Contract admin$18K100.0%

% of EOY assets

0.557%

all-in expense ratio

Categories reported

1 / 9

subdivided buckets used

Audit opinion

Schedule H Part III

Unqualified opinion

Auditor signed off without reservation - the cleanest possible opinion.

Auditor firm: NORTHWEST CPA GROUP, PLLC
Auditor EIN: 562382653
Audit fees: (not subdivided)
Opinion code: Unqualified

Metric

This plan

Peer set

Industry

Size

Avg account balance

$24,951

$55,472-55.0%

$155,567-84.0%

$74,546-66.5%

Participation rate

86.1%

61.9%+24.2pp

78.2%+7.9pp

67.2%+18.9pp

Annual return

11.45%

268.72%-257.3pp

64.74%-53.3pp

1366.03%-1354.6pp

Employer contribution / active EE

$2,625

$2,269+15.7%

$4,674-43.8%

$2,6240%

Participant deferral / active EE

$2,352

$2,838-17.1%

$5,628-58.2%

$4,347-45.9%

Admin fee / account holder

$139

$1,743-92.0%

$15,916-99.1%

$1,944-92.9%

Provider

Service type

Compensation

EPIC TRUST INVESTMENT ADVISORS LLC5 years

Service code 51 · EIN 47-1495882

1305 FOWLER ST · RICHLAND, WA 99352

Investment Mgmt Fees

$3,365

PROFESSIONAL BENEFIT SERVICES5 years

Filed as: PROFESSIONAL BENEFIT SERVICES, INC.

Service code 13 · EIN 93-0998477

1193 ROYVONNE AVE SE, SUITE 22 · SALEM, OR 97302

Contract Administrator

$3,250

NATIONWIDE6 years

Service code 26 · EIN 31-4156830

ONE NATIONWIDE PLAZA · COLUMBUS, OH 43215

Advisory (Participants)

$799

IRON-CO-FID-COMPREHENSIVE5 years

Filed as: IRON-CO-FID-INDEX-COMPREHENSIVE

Service code 51 · EIN 26-2409128

630 DUNDEE RD STE 200 · NORTHBROOK, IL 60062

Investment Mgmt Fees

$623

PROACCOUNT1 year

Service code 23 · EIN 73-0988442

10 W NATIONWIDE BLVD · COLUMBUS, OH 43215

Insurance services

$592

TCRS 401(K) PLAN

Summary metrics

Benchmarksi

Analytics

Service providersi

Plan features & details

Opportunity flagsi

Expense breakdowni

Audit opinioni

TCRS 401(K) 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