Retirement plan

E.M. THARP, INC. 401(K) PLAN

Name: E.M. THARP, INC. - E.M. THARP, INC. 401(K) PLAN (2021) Form 5500
Creator: E.M. THARP, INC.
License: https://www.dol.gov/general/disclaim
Keywords: Form 5500, ERISA, retirement plan, E.M. THARP, INC. 401(K) PLAN, E.M. THARP, INC.

E.M. THARP, INC.EIN 94-1218910Plan #002PY 2021

15243 ROAD 192 - PORTERVILLE, CA 93257559-782-5800

Prospect flagsLow returns

How to read this page

Total assets (EOY)

$8.1M

+8.9% from 2020

Total participants

297

-4.2% from 2020

Average account balance

$31,763

+3.8% from 2020

Annual return

12.20%

-2.35 pp from 2020

Benchmarks

See 1,264 peers

Peer group

Industry44 - Retail Trade

Plan typeDefined contribution

Participants250-999

Cohort1,264 peers

Snapshot2021

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

Analytics

Total assets (EOY)

Plan-year ending balance

$10.92M

Not enough data

1 years with asset history on file

Average account balance

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

$28K

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.

389

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.

93.3%

Not enough data

1 years with eligibility data

Contributions (total)

Employer and participant dollars contributed each year

$1.65M

Not enough data

1 years with contributions on file

Contributions per participant

Average employer and participant contribution per enrolled participant

$6K

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

+16.09%

Not enough data

1 years with return on file

Admin fee / account holder

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

$125

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
NATIONWIDE5 years Service code 15 ONE NATIONWIDE PLAZA · COLUMBUS, OH 43215	Recordkeeping	$90,575
MORGAN STANLEY SMITH BARNEY7+ years Filed as: MORGAN STANLEY Service code 19 9 RIVERPARK PLACE EAST · FRESNO, CA 93720	Securities Custodian	$0

Plan features & details

Pension benefit codes2E2G2J2K3D3H

Plan features

2E
Profit-sharing
Profit-sharing plan.
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.
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

1 tripped

OpportunityLow returns
Annual investment return is in the bottom quintile of the peer cohort.

Expense breakdown

Schedule H Part II

Admin total

$8K

$31 / participant

Contract admin$8K100.0%

% of EOY assets

0.098%

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: MOSS ADAMS, LLP
Auditor EIN: 910189318
Audit fees: (not subdivided)
Opinion code: Unqualified

Metric

This plan

Peer set

Industry

Size

Avg account balance

$31,763

$50,956-37.7%

$96,575-67.1%

$86,813-63.4%

Participation rate

84.2%

65.2%+18.9pp

69.8%+14.4pp

72.3%+11.9pp

Annual return

12.20%

21.27%-9.1pp

37.79%-25.6pp

97.93%-85.7pp

Employer contribution / active EE

$1,233

$1,111+11.0%

$2,357-47.7%

$2,406-48.8%

Participant deferral / active EE

$2,709

$2,954-8.3%

$3,849-29.6%

$4,131-34.4%

Admin fee / account holder

$31

$166-81.2%

$6,182-99.5%

$170-81.6%

Provider

Service type

Compensation

NATIONWIDE5 years

Service code 15

ONE NATIONWIDE PLAZA · COLUMBUS, OH 43215

Recordkeeping

$90,575

MORGAN STANLEY SMITH BARNEY7+ years

Filed as: MORGAN STANLEY

Service code 19

9 RIVERPARK PLACE EAST · FRESNO, CA 93720

Securities Custodian

E.M. THARP, INC. 401(K) PLAN

Summary metrics

Benchmarksi

Analytics

Service providersi

Plan features & details

Opportunity flagsi

Expense breakdowni

Audit opinioni

E.M. THARP, 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