Retirement plan

TRIM-LOK, INC. 401(K) RETIREMENT PLAN

Name: TRIM-LOK, INC. - TRIM-LOK, INC. 401(K) RETIREMENT PLAN (2018) Form 5500
Creator: TRIM-LOK, INC.
License: https://www.dol.gov/general/disclaim
Keywords: Form 5500, ERISA, retirement plan, TRIM-LOK, INC. 401(K) RETIREMENT PLAN, TRIM-LOK, INC.

TRIM-LOK, INC.EIN 95-2748901Plan #005PY 2018

6855 HERMOSA CIRCLE - BUENA PARK, CA 906226180714-562-0500trimlok.comLinkedIn201-500 employeesconsumer goods

Prospect flagsLow participation

How to read this page

Total assets (EOY)

$9.3M

-2.5% from 2017

Total participants

218

+3.8% from 2017

Average account balance

$64,574

+0.2% from 2017

Annual return

0.31%

-17.25 pp from 2017

Benchmarks

See 1,975 peers

Peer group

Industry32 - Manufacturing

Plan typeDefined contribution

Participants100-249

Cohort1,975 peers

Snapshot2018

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

Analytics

Total assets (EOY)

Plan-year ending balance

$13.47M

Not enough data

1 years with asset history on file

Average account balance

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

$87K

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.

154

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.

48.4%

Not enough data

1 years with eligibility data

Contributions (total)

Employer and participant dollars contributed each year

$1.01M

Not enough data

1 years with contributions on file

Contributions per participant

Average employer and participant contribution per enrolled participant

$4K

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

+21.45%

Not enough data

1 years with return on file

Admin fee / account holder

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

$-246

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 1 by compensation

Provider	Service type	Compensation
AMERICAN FUNDS3+ years Filed as: CAPITAL RESEARCH AND MANAGEMENT CO Service code 64 333 SO. HOPE STREET · LOS ANGELES, CA 90071	Recordkeeping Fees	$539

Plan features & details

Pension benefit codes2E2G2J

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.

Opportunity flags

1 tripped

OpportunityLow participation
Participation rate is below 70% (account-balance holders / active employees) - enrollment or auto-enroll opportunity.

Expense breakdown

Schedule H Part II

Plan-level admin expenses are zero - fees are likely paid at the master-trust level rather than the individual plan.

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: JOHN L. RYCHEL, CPA
Auditor EIN: 331388285
Audit fees: (not subdivided)
Opinion code: Disclaimer

Metric

This plan

Peer set

Industry

Size

Avg account balance

$64,574

$58,093+11.2%

$80,022-19.3%

$56,289+14.7%

Participation rate

63.0%

73.6%-10.6pp

75.8%-12.8pp

69.9%-6.9pp

Annual return

0.31%

34.63%-34.3pp

11.22%-10.9pp

-9.96%+10.3pp

Employer contribution / active EE

$877

$1,933-54.6%

$2,468-64.5%

$2,111-58.5%

Participant deferral / active EE

$2,689

$3,136-14.3%

$3,686-27.1%

$3,350-19.7%

Admin fee / account holder

-$208

$623-133.4%

$6,521-103.2%

$521-139.9%

Provider

Service type

Compensation

AMERICAN FUNDS3+ years

Filed as: CAPITAL RESEARCH AND MANAGEMENT CO

Service code 64

333 SO. HOPE STREET · LOS ANGELES, CA 90071

Recordkeeping Fees

$539

TRIM-LOK, INC. 401(K) RETIREMENT PLAN

Summary metrics

Benchmarksi

Analytics

Service providersi

Plan features & details

Opportunity flagsi

Expense breakdowni

Audit opinioni

TRIM-LOK, INC. 401(K) RETIREMENT 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