Retirement plan

TRAVEL TACOMA - MT RAINIER 401K PLAN

Name: TACOMA TACOMA REGIONAL CONVENTION & VISITOR BUREAU DBA TRAVEL TACOMA - - TRAVEL TACOMA - MT RAINIER 401K PLAN (2022) Form 5500
Creator: TACOMA TACOMA REGIONAL CONVENTION & VISITOR BUREAU DBA TRAVEL TACOMA -
License: https://www.dol.gov/general/disclaim
Keywords: Form 5500, ERISA, retirement plan, TRAVEL TACOMA - MT RAINIER 401K PLAN, TACOMA TACOMA REGIONAL CONVENTION & VISITOR BUREAU DBA TRAVEL TACOMA -

TACOMA TACOMA REGIONAL CONVENTION & VISITOR BUREAU DBA TRAVEL TACOMA -EIN 91-1465947Plan #002PY 2022

PO BOX 1754 - TACOMA, WA 98401253-284-3273

Prospect flagsHigh fees

How to read this page

Total assets (EOY)

$398K

+0.8% from 2021

Total participants

-5.9% from 2021

Average account balance

$24,880

+7.1% from 2021

Annual return

-9.17%

-16.33 pp from 2021

Benchmarks

See 39,290 peers

Peer group

Industry81 - Other Services (except Public Administration)

Plan typeDefined contribution

Participants<25

Cohort39,290 peers

Snapshot2022

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

Analytics

Total assets (EOY)

Plan-year ending balance

Not enough data

1 years with asset history on file

Average account balance

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

Not enough data

0 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.

Not enough data

0 years with eligibility data

Contributions (total)

Employer and participant dollars contributed each year

$20K

Not enough data

1 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

+0.89%

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 codes2E2J2F2G3D

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.
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

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

$13K

$1640 / participant

Other / not subdivided$13K100.0%

% of EOY assets

3.296%

all-in expense ratio

Categories reported

0 / 9

subdivided buckets used

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

$24,880

$92,743-73.2%

$82,744-69.9%

$134,532-81.5%

Participation rate

100.0%

75.2%+24.8pp

72.6%+27.4pp

81.2%+18.8pp

Annual return

-9.17%

946.63%-955.8pp

702.22%-711.4pp

418.27%-427.4pp

Employer contribution / active EE

$900

$3,273-72.5%

$3,008-70.1%

$4,741-81.0%

Participant deferral / active EE

$5,651

$4,802+17.7%

$4,395+28.6%

$6,401-11.7%

Admin fee / account holder

$820

$5,977-86.3%

$5,325-84.6%

$11,429-92.8%

TRAVEL TACOMA - MT RAINIER 401K PLAN

Summary metrics

Benchmarksi

Analytics

Service providersi

Plan features & details

Opportunity flagsi

Expense breakdowni

Audit opinioni

TRAVEL TACOMA - MT RAINIER 401K 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