Retirement plan

TURBO MECHANICAL, INC. DEFINED BENEFIT PENSION PLAN

Name: TURBO MECHANICAL, INC. - TURBO MECHANICAL, INC. DEFINED BENEFIT PENSION PLAN (2016) Form 5500
Creator: TURBO MECHANICAL, INC.
License: https://www.dol.gov/general/disclaim
Keywords: Form 5500, ERISA, retirement plan, TURBO MECHANICAL, INC. DEFINED BENEFIT PENSION PLAN, TURBO MECHANICAL, INC.

TURBO MECHANICAL, INC.EIN 91-1368172Plan #003PY 2016

515 MCPHEE ROAD SOUTHWEST - OLYMPIA, WA 98502360-946-1888turbomechanical.comLinkedIn11-50 employeesconstruction

Other plans on this EIN

1 filing

#001Retirement--

Prospect flagsNo flags tripped

How to read this page

Total assets (EOY)

$1.7M

No prior year

Total participants

No prior year

Average account balance

No prior year

Annual return

1.19%

No prior year

Benchmarks

See 1,152 peers

Peer group

Industry81 - Other Services (except Public Administration)

Plan typeDefined benefit

Participants<25

Cohort1,152 peers

Snapshot2016

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

Analytics

Total assets (EOY)

Plan-year ending balance

$1.72M

Not enough data

1 years with asset history on file

Average account balance

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

$430K

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

0 years with headcount on file

Eligible Participants and Participation

Bars: eligible actives (line 6a). Line: derived rate = active employees with a balance / 6a.

0.0%

Not enough data

1 years with eligibility data

Contributions (total)

Employer and participant dollars contributed each year

Not enough data

0 years with contributions on file

Contributions per participant

Average employer and participant contribution per enrolled participant

Not enough data

0 years with per-participant contribution data

Asset flow

BOY + contributions + return - distributions = EOY

Year

Annual return

Diverging bars; negative years highlighted

+0.33%

Not enough data

1 years with return on file

Admin fee / account holder

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

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

Providers data not reported

Schedule C was not filed on this plan's most recent Form 5500, so no compensated service providers are available to display.

Plan features & details

Pension benefit codes1A3D

Plan features

1A
Benefits are primarily pay related
Benefits under the plan are primarily determined with reference to a participant's pay (e.g. final-average-pay formula).
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

0 tripped

No flags tripped for this filing year. This plan looks clean.

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

$127,229-100.0%

$115,939-100.0%

$237,064-100.0%

Participation rate

0.0%

22.8%-22.8pp

19.3%-19.3pp

45.6%-45.6pp

Annual return

1.19%

3.55%-2.4pp

3.97%-2.8pp

4.16%-3.0pp

Employer contribution / active EE

$32,125

$33,688-4.6%

$28,168+14.0%

$42,918-25.1%

Participant deferral / active EE

$205-100.0%

$274-100.0%

$128-100.0%

Admin fee / account holder

$15,835-100.0%

$12,837-100.0%

$21,465-100.0%

TURBO MECHANICAL, INC. DEFINED BENEFIT PENSION PLAN

Summary metrics

Benchmarksi

Analytics

Service providersi

Plan features & details

Opportunity flagsi

Audit opinioni

TURBO MECHANICAL, INC. DEFINED BENEFIT PENSION PLAN

Summary metrics

Benchmarksi

Analytics

Service providersi

Plan features & details

Opportunity flagsi

Audit opinioni

Benchmarks

Service providers

Opportunity flags

Audit opinion

Benchmarks

Service providers

Opportunity flags

Audit opinion