Retirement plan

THREE SONS, INC. 401(K) PLAN

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

THREE SONS, INC.dba AMERICAN COMPANIESEIN 95-3176839Plan #001PY 2018

5201 INDUSTRY AVENUE, PO BOX 6 - PICO RIVERA, CA 90660562-801-4100

Prospect flagsLow participationFailed to transmit contributions

How to read this page

Total assets (EOY)

$3.8M

-11.9% from 2017

Total participants

121

+8.0% from 2017

Average account balance

$54,441

-15.7% from 2017

Annual return

-3.55%

-20.79 pp from 2017

Benchmarks

See 953 peers

Peer group

Industry31 - Manufacturing

Plan typeDefined contribution

Participants100-249

Cohort953 peers

Snapshot2018

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

Analytics

Total assets (EOY)

Plan-year ending balance

$6.36M

Not enough data

1 years with asset history on file

Average account balance

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

$98K

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.

23.4%

Not enough data

1 years with eligibility data

Contributions (total)

Employer and participant dollars contributed each year

$320K

Not enough data

1 years with contributions on file

Contributions per participant

Average employer and participant contribution per enrolled participant

$2K

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

+9.02%

Not enough data

1 years with return on file

Admin fee / account holder

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

$4786

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

Top 2 by compensation

Provider	Service type	Compensation
DIGITAL RETIREMENT SOLUTIONS, INC.4+ years Service code 12 · EIN 84-1477138	Sub-transfer agency fees; Participant...	$880
NEWPORT GROUP, INC.4+ years Filed as: MATRIX FINANCIAL SOLUTIONS, INC. Service code 18 · EIN 20-1591048	Float revenue; Custodial (other than ...	$220

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

2 tripped

OpportunityLow participation
Participation rate is below 70% (account-balance holders / active employees) - enrollment or auto-enroll opportunity.
ComplianceFailed to transmit contributions
Form 5500 reported a failure to timely transmit participant contributions (Schedule H line 4a).

Expense breakdown

Schedule H Part II

Admin total

$1K

$11 / participant

Contract admin$88080.0%
Other / not subdivided$22020.0%

% of EOY assets

0.029%

all-in expense ratio

Categories reported

1 / 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: GREEN HASSON & JANKS LLP
Auditor EIN: 951777440
Audit fees: (not subdivided)
Opinion code: Disclaimer

Metric

This plan

Peer set

Industry

Size

Avg account balance

$54,441

$43,504+25.1%

$68,612-20.7%

$56,287-3.3%

Participation rate

48.5%

67.8%-19.3pp

72.2%-23.7pp

69.9%-21.3pp

Annual return

-3.55%

-3.15%-0.4pp

-4.63%+1.1pp

-9.96%+6.4pp

Employer contribution / active EE

$1,166

$1,525-23.5%

$2,625-55.6%

$2,111-44.7%

Participant deferral / active EE

$1,877

$2,509-25.2%

$3,311-43.3%

$3,350-44.0%

Admin fee / account holder

$16

$515-96.9%

$5,131-99.7%

$521-96.9%

Provider

Service type

Compensation

DIGITAL RETIREMENT SOLUTIONS, INC.4+ years

Service code 12 · EIN 84-1477138

Sub-transfer agency fees; Participant...

$880

NEWPORT GROUP, INC.4+ years

Filed as: MATRIX FINANCIAL SOLUTIONS, INC.

Service code 18 · EIN 20-1591048

Float revenue; Custodial (other than ...

$220

THREE SONS, INC. 401(K) PLAN

Summary metrics

Benchmarksi

Analytics

Service providersi

Plan features & details

Opportunity flagsi

Expense breakdowni

Audit opinioni

THREE SONS, 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