Retirement plan

TUMAC LUMBER CO., INC. PROFIT SHARING TRUST

Name: TUMAC LUMBER CO., INC. - TUMAC LUMBER CO., INC. PROFIT SHARING TRUST (2024) Form 5500
Creator: TUMAC LUMBER CO., INC.
License: https://www.dol.gov/general/disclaim
Keywords: Form 5500, ERISA, retirement plan, TUMAC LUMBER CO., INC. PROFIT SHARING TRUST, TUMAC LUMBER CO., INC.

TUMAC LUMBER CO., INC.EIN 93-0474459Plan #001PY 2024

16821 SE MCGILLIVRAY BLVD STE 204 - VANCOUVER, WA 986830402503-226-6661LinkedIn1-10 employeesinternational trade and development

Prospect flagsHigh feesHigh assets / participant

How to read this page

Total assets (EOY)

$33M

+25.7% from 2023

Total participants

129

-2.3% from 2023

Average account balance

$270,178

+25.7% from 2023

Annual return

23.41%

+16.42 pp from 2023

Benchmarks

See 8,993 peers

Peer group

Industry42 - Wholesale Trade

Plan typeDefined contribution

Participants25-99

Cohort8,993 peers

Snapshot2024

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

Analytics

Total assets (EOY)

Plan-year ending balance

$32.96M

Not enough data

1 years with asset history on file

Average account balance

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

$270K

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.

122

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.

92.8%

Not enough data

1 years with eligibility data

Contributions (total)

Employer and participant dollars contributed each year

$1.70M

Not enough data

1 years with contributions on file

Contributions per participant

Average employer and participant contribution per enrolled participant

$18K

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

+23.41%

Not enough data

1 years with return on file

Admin fee / account holder

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

$678

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 2 by compensation

Provider	Service type	Compensation
RVK, INC.1 year Filed as: R.V. KUHNS & ASSOCIATES, Service code 27 · EIN 93-0910652	Advisory (Plan)	$45,502
PRINCIPAL LIFE INSURANCE COMPANY2 years Service code 13 · EIN 42-0127290	Contract Administrator	$37,233

Plan features & details

Pension benefit codes2E2F2G2J2T3D3H

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.
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

OpportunityHigh fees
Administrative expenses exceed $300 per participant per year - possible fee-review opportunity. (Recordkeeping / audit / legal; excludes investment management.)
InformationalHigh assets / participant
Assets per participant exceed $250,000 - top-decile high-value plan.

Expense breakdown

Schedule H Part II

Admin total

$83K

$853 / participant

Investment mgmt$46K55.0%
Contract admin$37K45.0%

% of EOY assets

0.251%

all-in expense ratio

Categories reported

2 / 9

subdivided buckets used

Audit opinion

Schedule H Part III

Unqualified opinion

Auditor signed off without reservation - the cleanest possible opinion.

Auditor firm: BAKER TILLY US, LLP
Auditor EIN: 301413443
Audit fees: (not subdivided)
Opinion code: Unqualified

Metric

This plan

Peer set

Industry

Size

Avg account balance

$270,178

$101,795+165.4%

$165,100+63.6%

$80,959+233.7%

Participation rate

92.8%

71.8%+21.0pp

78.6%+14.2pp

67.7%+25.1pp

Annual return

23.41%

16.73%+6.7pp

70.21%-46.8pp

35.67%-12.3pp

Employer contribution / active EE

$8,586

$2,954+190.7%

$4,348+97.5%

$2,757+211.4%

Participant deferral / active EE

$8,945

$4,476+99.8%

$6,035+48.2%

$4,300+108.0%

Admin fee / account holder

$678

$8,221-91.8%

$12,696-94.7%

$6,925-90.2%

Provider

Service type

Compensation

RVK, INC.1 year

Filed as: R.V. KUHNS & ASSOCIATES,

Service code 27 · EIN 93-0910652

Advisory (Plan)

$45,502

PRINCIPAL LIFE INSURANCE COMPANY2 years

Service code 13 · EIN 42-0127290

Contract Administrator

$37,233

TUMAC LUMBER CO., INC. PROFIT SHARING TRUST

Summary metrics

Benchmarksi

Analytics

Service providersi

Plan features & details

Opportunity flagsi

Expense breakdowni

Audit opinioni

TUMAC LUMBER CO., INC. PROFIT SHARING TRUST

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