Retirement plan

TOM MALLOY CORPORATION 401(K) PROFIT SHARING PLAN

Name: TOM MALLOY CORPORATION - TOM MALLOY CORPORATION 401(K) PROFIT SHARING PLAN (2024) Form 5500
Creator: TOM MALLOY CORPORATION
License: https://www.dol.gov/general/disclaim
Keywords: Form 5500, ERISA, retirement plan, TOM MALLOY CORPORATION 401(K) PROFIT SHARING PLAN, TOM MALLOY CORPORATION

TOM MALLOY CORPORATIONEIN 95-2674327Plan #004PY 2024

206 N. CENTRAL AVE. - COMPTON, CA 90220310-327-5554LinkedIn201-500 employeesreal estate

Prospect flagsNo flags tripped

How to read this page

Total assets (EOY)

$26.3M

+28.6% from 2023

Total participants

526

+7.6% from 2023

Average account balance

$63,747

+37.9% from 2023

Annual return

24.42%

+22.37 pp from 2023

Benchmarks

See 665 peers

Peer group

Industry53 - Real Estate and Rental and Leasing

Plan typeDefined contribution

Participants250-999

Cohort665 peers

Snapshot2024

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

Analytics

Total assets (EOY)

Plan-year ending balance

$26.33M

Not enough data

1 years with asset history on file

Average account balance

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

$64K

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.

413

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.

76.4%

Not enough data

1 years with eligibility data

Contributions (total)

Employer and participant dollars contributed each year

$2.38M

Not enough data

1 years with contributions on file

Contributions per participant

Average employer and participant contribution per enrolled participant

$5K

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

+24.42%

Not enough data

1 years with return on file

Admin fee / account holder

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

$123

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
CHARLES MCDONOUGH ACCOUNTANCY CORP3 years Service code 10 · EIN 95-2820500 2790 SKYPARK DRIVE, STE 306 · TORRANCE, CA 90505	Accounting	$35,350
TRANSAMERICA RETIREMENT SOLUTIONS2 years Filed as: TRANSAMERICA LIFE INSURANCE Service code 15 · EIN 39-0989781	Recordkeeping	$15,366
ROYAL ALLIANCE ASSOCIATES INC1 year Service code 22 · EIN 93-0987232	Insurance Broker	$0

Plan features & details

Pension benefit codes2F2J3D2E

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).
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

0 tripped

No flags tripped for this filing year. This plan looks clean.

Expense breakdown

Schedule H Part II

Admin total

$51K

$106 / participant

Recordkeeping$15K30.3%
Other / not subdivided$35K69.7%

% of EOY assets

0.193%

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: CHARLES MCDONOUGH ACCOUNTANCY CORP
Auditor EIN: 952820500
Audit fees: $35,350
Opinion code: Unqualified

Metric

This plan

Peer set

Industry

Size

Avg account balance

$63,747

$62,686+1.7%

$178,505-64.3%

$77,762-18.0%

Participation rate

76.4%

66.9%+9.5pp

77.1%-0.8pp

70.6%+5.8pp

Annual return

24.42%

16.16%+8.3pp

27.16%-2.7pp

31.27%-6.8pp

Employer contribution / active EE

$1,640

$1,914-14.3%

$3,955-58.5%

$2,728-39.9%

Participant deferral / active EE

$3,332

$4,224-21.1%

$6,280-46.9%

$4,651-28.3%

Admin fee / account holder

$123

$386-68.2%

$10,428-98.8%

$433-71.6%

Provider

Service type

Compensation

CHARLES MCDONOUGH ACCOUNTANCY CORP3 years

Service code 10 · EIN 95-2820500

2790 SKYPARK DRIVE, STE 306 · TORRANCE, CA 90505

Accounting

$35,350

TRANSAMERICA RETIREMENT SOLUTIONS2 years

Filed as: TRANSAMERICA LIFE INSURANCE

Service code 15 · EIN 39-0989781

Recordkeeping

$15,366

ROYAL ALLIANCE ASSOCIATES INC1 year

Service code 22 · EIN 93-0987232

Insurance Broker

TOM MALLOY CORPORATION 401(K) PROFIT SHARING PLAN

Summary metrics

Benchmarksi

Analytics

Service providersi

Plan features & details

Opportunity flagsi

Expense breakdowni

Audit opinioni

TOM MALLOY CORPORATION 401(K) PROFIT SHARING 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