Retirement plan

TRAILBOSS ENTERPRISES, INC. 401(K) PLAN

Name: TRAILBOSS ENTERPRISES - TRAILBOSS ENTERPRISES, INC. 401(K) PLAN (2020) Form 5500
Creator: TRAILBOSS ENTERPRISES
License: https://www.dol.gov/general/disclaim
Keywords: Form 5500, ERISA, retirement plan, TRAILBOSS ENTERPRISES, INC. 401(K) PLAN, TRAILBOSS ENTERPRISES

TRAILBOSS ENTERPRISESEIN 92-0152880Plan #001PY 2020

201 E. 3RD AVE - ANCHORAGE, AK 99501877-338-8243LinkedIn1-10 employeesconstruction

Prospect flagsLow returnsLow participant contributionFailed to transmit contributions

How to read this page

Total assets (EOY)

$7.4M

+5.5% from 2019

Total participants

404

-12.0% from 2019

Average account balance

$19,075

+16.0% from 2019

Annual return

10.20%

-5.43 pp from 2019

Benchmarks

See 1,062 peers

Peer group

Industry48 - Transportation and Warehousing

Plan typeDefined contribution

Participants100-249

Cohort1,062 peers

Snapshot2020

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

Analytics

Total assets (EOY)

Plan-year ending balance

$6.71M

Not enough data

1 years with asset history on file

Average account balance

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

$12K

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.

567

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.

96.3%

Not enough data

1 years with eligibility data

Contributions (total)

Employer and participant dollars contributed each year

$1.20M

Not enough data

1 years with contributions on file

Contributions per participant

Average employer and participant contribution per enrolled participant

$3K

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

+11.26%

Not enough data

1 years with return on file

Admin fee / account holder

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

$128

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
LATITUDE SERVICE COMPANY INC3 years Filed as: LATITUDE SERVICE COMPANY, INC. Service code 14 · EIN 82-1371994	Plan Administrator	$43,036
NATIONWIDE6+ years Service code 19 ONE NATIONWIDE PLAZA · US COLUMBUS, OH 43215	Securities Custodian	$36,288
CLS INVESTMENTS5 years Service code 26 17605 WRIGHT ST. · OMAHA, NE 68130	Advisory (Participants)	$8,749
LPL FINANCIAL5 years Filed as: KMS FINANCIAL SERVICES INC Service code 19 2001 SIXTH AVE · US SEATTLE, WA 981211866	Securities Custodian	$0
SECURITIES AMERICA INC1 year Service code 25 12325 PORT GRACE BLVD · LA VISTA, NE 681280001	Directed Trustee	$0

Plan features & details

Pension benefit codes2E2F2G2J2K2T3D

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.
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.

Opportunity flags

3 tripped

OpportunityLow participant contribution
Participant contribution per participant is in the bottom quintile of the peer cohort.
OpportunityLow returns
Annual investment return is in the bottom quintile of the peer cohort.
ComplianceFailed to transmit contributions
Form 5500 reported a failure to timely transmit participant contributions (Schedule H line 4a).

Expense breakdown

Schedule H Part II

Admin total

$55K

$267 / participant

Investment mgmt$55K100.0%

% of EOY assets

0.734%

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: PENSION ASSURANCE, LLP
Auditor EIN: 300840934
Audit fees: (not subdivided)
Opinion code: Disclaimer

Metric

This plan

Peer set

Industry

Size

Avg account balance

$19,075

$55,636-65.7%

$81,982-76.7%

$73,497-74.0%

Participation rate

93.2%

62.3%+30.9pp

69.3%+23.9pp

70.7%+22.5pp

Annual return

10.20%

19.07%-8.9pp

41.31%-31.1pp

28.51%-18.3pp

Employer contribution / active EE

$3,112

$1,625+91.6%

$2,498+24.6%

$2,270+37.1%

Participant deferral / active EE

$805

$2,762-70.8%

$3,722-78.4%

$3,740-78.5%

Admin fee / account holder

$140

$493-71.6%

$5,665-97.5%

$513-72.7%

Provider

Service type

Compensation

LATITUDE SERVICE COMPANY INC3 years

Filed as: LATITUDE SERVICE COMPANY, INC.

Service code 14 · EIN 82-1371994

Plan Administrator

$43,036

NATIONWIDE6+ years

Service code 19

ONE NATIONWIDE PLAZA · US COLUMBUS, OH 43215

Securities Custodian

$36,288

CLS INVESTMENTS5 years

Service code 26

17605 WRIGHT ST. · OMAHA, NE 68130

Advisory (Participants)

$8,749

LPL FINANCIAL5 years

Filed as: KMS FINANCIAL SERVICES INC

Service code 19

2001 SIXTH AVE · US SEATTLE, WA 981211866

Securities Custodian

SECURITIES AMERICA INC1 year

Service code 25

12325 PORT GRACE BLVD · LA VISTA, NE 681280001

Directed Trustee

TRAILBOSS ENTERPRISES, INC. 401(K) PLAN

Summary metrics

Benchmarksi

Analytics

Service providersi

Plan features & details

Opportunity flagsi

Expense breakdowni

Audit opinioni

TRAILBOSS ENTERPRISES, INC. 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