Retirement plan

TONY'S EXPRESS, INC. & ECONOMY PACKAGING, INC. 401(K) PLAN

Name: TONY'S EXPRESS, INC. & ECONOMY PACKAGING, INC. - TONY'S EXPRESS, INC. & ECONOMY PACKAGING, INC. 401(K) PLAN (2018) Form 5500
Creator: TONY'S EXPRESS, INC. & ECONOMY PACKAGING, INC.
License: https://www.dol.gov/general/disclaim
Keywords: Form 5500, ERISA, retirement plan, TONY'S EXPRESS, INC. & ECONOMY PACKAGING, INC. 401(K) PLAN, TONY'S EXPRESS, INC. & ECONOMY PACKAGING, INC.

TONY'S EXPRESS, INC. & ECONOMY PACKAGING, INC.EIN 95-2392469Plan #001PY 2018

10613 JASMINE STREET - FONTANA, CA 92337909-427-8700LinkedIn51-200 employeespackage/freight delivery

Other plans on this EIN

1 filing

#002Retirement-$3.3M assets

Prospect flagsLow participant contribution

How to read this page

Total assets (EOY)

$5.4M

-17.9% from 2017

Total participants

219

-1.4% from 2017

Average account balance

$29,938

-12.9% from 2017

Annual return

-4.07%

-18.75 pp from 2017

Benchmarks

See 1,072 peers

Peer group

Industry48 - Transportation and Warehousing

Plan typeDefined contribution

Participants100-249

Cohort1,072 peers

Snapshot2018

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

Analytics

Total assets (EOY)

Plan-year ending balance

$1.79M

Not enough data

1 years with asset history on file

Average account balance

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

$13K

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.

135

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.

Not enough data

0 years with eligibility data

Contributions (total)

Employer and participant dollars contributed each year

$18K

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

+10.00%

Not enough data

1 years with return on file

Admin fee / account holder

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

$108

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 3 by compensation

Provider	Service type	Compensation
MASSACHUSETTS MUTUAL LIFE INS. CO.4+ years Filed as: MASSMUTUAL LIFE INSURANCE CO Service code 15 · EIN 04-1590850	Recordkeeping	$1,060
HICKS PENSION SERVICES1 year Service code 15 · EIN 94-2158860	Recordkeeping	$0
INDEPENDENT FINANCIAL PARTNERS1 year Filed as: INDEPENDENT FNCL GROUP INC Service code 26 · EIN 03-0491379	Advisory (Participants)	$0

Plan features & details

Pension benefit codes2D2E2H2J3D

Plan features

2D
Offset plan
Plan benefits are subject to offset for retirement benefits provided in another plan or arrangement of the employer.
2E
Profit-sharing
Profit-sharing plan.
2H
Partial participant-directed account plan
Participants have the opportunity to direct the investment of a portion 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

OpportunityLow participant contribution
Participant contribution per participant is in the bottom quintile of the peer cohort.

Expense breakdown

Schedule H Part II

Admin total

$916

$6 / participant

Other / not subdivided$916100.0%

% of EOY assets

0.017%

all-in expense ratio

Categories reported

0 / 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: VORBECK CARLIN & SHATS LLP
Auditor EIN: 954836113
Audit fees: (not subdivided)
Opinion code: Disclaimer

Metric

This plan

Peer set

Industry

Size

Avg account balance

$29,938

$42,396-29.4%

$67,313-55.5%

$56,289-46.8%

Participation rate

77.7%

61.0%+16.7pp

69.1%+8.6pp

69.9%+7.9pp

Annual return

-4.07%

-36.63%+32.6pp

-4.08%0pp

-9.96%+5.9pp

Employer contribution / active EE

$1,414-100.0%

$2,566-100.0%

$2,111-100.0%

Participant deferral / active EE

$569

$2,360-75.9%

$3,568-84.1%

$3,350-83.0%

Admin fee / account holder

$510-99.0%

$4,507-99.9%

$521-99.0%

Provider

Service type

Compensation

MASSACHUSETTS MUTUAL LIFE INS. CO.4+ years

Filed as: MASSMUTUAL LIFE INSURANCE CO

Service code 15 · EIN 04-1590850

Recordkeeping

$1,060

HICKS PENSION SERVICES1 year

Service code 15 · EIN 94-2158860

Recordkeeping

INDEPENDENT FINANCIAL PARTNERS1 year

Filed as: INDEPENDENT FNCL GROUP INC

Service code 26 · EIN 03-0491379

Advisory (Participants)

TONY'S EXPRESS, INC. & ECONOMY PACKAGING, INC. 401(K) PLAN

Summary metrics

Benchmarksi

Analytics

Service providersi

Plan features & details

Opportunity flagsi

Expense breakdowni

Audit opinioni

TONY'S EXPRESS, INC. & ECONOMY PACKAGING, 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