Retirement plan

403(B) THRIFT PLAN OF TAT MANAGEMENT CO., INC.

Name: TAT MANAGEMENT CO., INC. - 403(B) THRIFT PLAN OF TAT MANAGEMENT CO., INC. (2020) Form 5500
Creator: TAT MANAGEMENT CO., INC.
License: https://www.dol.gov/general/disclaim
Keywords: Form 5500, ERISA, retirement plan, 403(B) THRIFT PLAN OF TAT MANAGEMENT CO., INC., TAT MANAGEMENT CO., INC.

TAT MANAGEMENT CO., INC.EIN 94-2895116Plan #001PY 2020

530 W FLORADORA AVE - FRESNO, CA 937281446559-442-5850LinkedIn1-10 employeesinternational affairs

Prospect flagsLow returnsHigh fees

How to read this page

Total assets (EOY)

$690K

+9.3% from 2019

Total participants

+21.2% from 2019

Average account balance

$17,685

-7.5% from 2019

Annual return

-0.88%

-2.20 pp from 2019

Benchmarks

See 18,633 peers

Peer group

Industry62 - Health Care and Social Assistance

Plan typeDefined contribution

Participants25-99

Cohort18,633 peers

Snapshot2020

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

Analytics

Total assets (EOY)

Plan-year ending balance

$499K

Not enough data

1 years with asset history on file

Average account balance

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

$15K

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

1 years with headcount on file

Eligible Participants and Participation

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

50.7%

Not enough data

1 years with eligibility data

Contributions (total)

Employer and participant dollars contributed each year

$49K

Not enough data

1 years with contributions on file

Contributions per participant

Average employer and participant contribution per enrolled participant

$725

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

+6.41%

Not enough data

1 years with return on file

Admin fee / account holder

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

$1236

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 codes2F2G2T3D

Plan features

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.
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

2 tripped

OpportunityHigh fees
Administrative expenses exceed $300 per participant per year - possible fee-review opportunity. (Recordkeeping / audit / legal; excludes investment management.)
OpportunityLow returns
Annual investment return is in the bottom quintile of the peer cohort.

Expense breakdown

Schedule H Part II

Admin total

$12K

$373 / participant

Other / not subdivided$12K100.0%

% of EOY assets

1.787%

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

$17,685

$91,179-80.6%

$178,499-90.1%

$79,852-77.9%

Participation rate

97.0%

69.2%+27.8pp

81.9%+15.0pp

69.6%+27.3pp

Annual return

-0.88%

24.19%-25.1pp

151.10%-152.0pp

31.72%-32.6pp

Employer contribution / active EE

$719

$3,256-77.9%

$5,011-85.7%

$2,471-70.9%

Participant deferral / active EE

$1,593

$3,236-50.8%

$5,202-69.4%

$3,740-57.4%

Admin fee / account holder

$316

$6,749-95.3%

$13,986-97.7%

$5,306-94.0%

403(B) THRIFT PLAN OF TAT MANAGEMENT CO., INC.

Summary metrics

Benchmarksi

Analytics

Service providersi

Plan features & details

Opportunity flagsi

Expense breakdowni

Audit opinioni

403(B) THRIFT PLAN OF TAT MANAGEMENT CO., INC.

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