Retirement plan

TAMURA CORPORATION OF AMERICA 401(K) PROFIT SHARING PLAN

Name: TAMURA CORPORATION OF AMERICA - TAMURA CORPORATION OF AMERICA 401(K) PROFIT SHARING PLAN (2020) Form 5500
Creator: TAMURA CORPORATION OF AMERICA
License: https://www.dol.gov/general/disclaim
Keywords: Form 5500, ERISA, retirement plan, TAMURA CORPORATION OF AMERICA 401(K) PROFIT SHARING PLAN, TAMURA CORPORATION OF AMERICA

TAMURA CORPORATION OF AMERICAEIN 95-3026439Plan #002PY 2020

1040 SOUTH ANDREASEN DR., SUITE 100 - ESCONDIDO, CA 92029951-694-8350

Prospect flagsHigh fees

How to read this page

Total assets (EOY)

$2.3M

+3.3% from 2019

Total participants

-28.6% from 2019

Average account balance

$178,624

+3.3% from 2019

Annual return

13.94%

-4.03 pp from 2019

Benchmarks

See 22,194 peers

Peer group

Industry42 - Wholesale Trade

Plan typeDefined contribution

Participants<25

Cohort22,194 peers

Snapshot2020

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

Analytics

Total assets (EOY)

Plan-year ending balance

$2.17M

Not enough data

1 years with asset history on file

Average account balance

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

$217K

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.

100.0%

Not enough data

1 years with eligibility data

Contributions (total)

Employer and participant dollars contributed each year

$132K

Not enough data

1 years with contributions on file

Contributions per participant

Average employer and participant contribution per enrolled participant

$15K

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

+10.19%

Not enough data

1 years with return on file

Admin fee / account holder

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

$1931

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 codes2E2F2G2J2T3D

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).
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.
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

1 tripped

OpportunityHigh fees
Administrative expenses exceed $300 per participant per year - possible fee-review opportunity. (Recordkeeping / audit / legal; excludes investment management.)

Expense breakdown

Schedule H Part II

Admin total

$321K

$35653 / participant

Other / not subdivided$321K100.0%

% of EOY assets

13.818%

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

$178,624

$162,821+9.7%

$133,978+33.3%

$158,982+12.4%

Participation rate

77.8%

83.2%-5.5pp

79.8%-2.1pp

82.0%-4.2pp

Annual return

13.94%

41.95%-28.0pp

45.10%-31.2pp

302.99%-289.0pp

Employer contribution / active EE

$4,965

$4,976-0.2%

$3,919+26.7%

$4,763+4.3%

Participant deferral / active EE

$4,202

$5,910-28.9%

$5,047-16.7%

$5,983-29.8%

Admin fee / account holder

$24,683

$11,742+110.2%

$8,930+176.4%

$11,252+119.4%

TAMURA CORPORATION OF AMERICA 401(K) PROFIT SHARING PLAN

Summary metrics

Benchmarksi

Analytics

Service providersi

Plan features & details

Opportunity flagsi

Expense breakdowni

Audit opinioni

TAMURA CORPORATION OF AMERICA 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