Retirement plan

TRI-WEST, LTD. 401K/PROFIT SHARING PLAN

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

TRI-WEST, LTD.EIN 95-3633389Plan #001PY 2024

12005 E. PIKE STREET - SANTA FE SPRINGS, CA 90670562-692-9166triwestltd.comLinkedIn51-200 employeesbuilding materials

Prospect flagsNo flags tripped

How to read this page

Total assets (EOY)

$63.8M

+14.6% from 2023

Total participants

397

+10.6% from 2023

Average account balance

$162,452

+3.5% from 2023

Annual return

15.98%

-2.91 pp from 2023

Benchmarks

See 1,404 peers

Peer group

Industry42 - Wholesale Trade

Plan typeDefined contribution

Participants250-999

Cohort1,404 peers

Snapshot2024

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

Analytics

Total assets (EOY)

Plan-year ending balance

$63.84M

Not enough data

1 years with asset history on file

Average account balance

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

$162K

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.

393

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.

98.8%

Not enough data

1 years with eligibility data

Contributions (total)

Employer and participant dollars contributed each year

$3.66M

Not enough data

1 years with contributions on file

Contributions per participant

Average employer and participant contribution per enrolled participant

$11K

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

+15.98%

Not enough data

1 years with return on file

Admin fee / account holder

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

$120

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 4 by compensation

Provider	Service type	Compensation
BENEFIT FINANCIAL SERVICES GROUP9 years Service code 16 · EIN 20-8161914	Consulting	$20,000
STRATEGIC ADVISORS, INC.10+ years Service code 27 · EIN 04-2654524	Advisory (Plan)	$14,482
FIDELITY INVESTMENTS INSTITUTIONAL10+ years Service code 37 · EIN 04-2647786	Loan Processing	$6,474
CROWE LLP1 year Service code 10 · EIN 35-0921680	Accounting	$6,300

Plan features & details

Pension benefit codes2F2G2J2T2E3D

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

0 tripped

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

Expense breakdown

Schedule H Part II

Admin total

$47K

$145 / participant

Recordkeeping$6K13.1%
Investment mgmt$14K30.6%
Contract admin$3000.6%
Other / not subdivided$26K55.7%

% of EOY assets

0.074%

all-in expense ratio

Categories reported

3 / 9

subdivided buckets used

Audit opinion

Schedule H Part III

Unqualified opinion

Auditor signed off without reservation - the cleanest possible opinion.

Auditor firm: CROWE LLP
Auditor EIN: 350921680
Audit fees: $6,300
Opinion code: Unqualified

Metric

This plan

Peer set

Industry

Size

Avg account balance

$162,452

$89,435+81.6%

$164,975-1.5%

$77,714+109.0%

Participation rate

98.8%

78.6%+20.2pp

70.6%+28.2pp

Annual return

15.98%

28.82%-12.8pp

70.12%-54.1pp

31.26%-15.3pp

Employer contribution / active EE

$7,077

$2,563+176.1%

$4,343+63.0%

$2,727+159.5%

Participant deferral / active EE

$4,184

$4,901-14.6%

$6,033-30.7%

$4,649-10.0%

Admin fee / account holder

$120

$340-64.6%

$12,688-99.1%

$433-72.2%

Provider

Service type

Compensation

BENEFIT FINANCIAL SERVICES GROUP9 years

Service code 16 · EIN 20-8161914

Consulting

$20,000

STRATEGIC ADVISORS, INC.10+ years

Service code 27 · EIN 04-2654524

Advisory (Plan)

$14,482

FIDELITY INVESTMENTS INSTITUTIONAL10+ years

Service code 37 · EIN 04-2647786

Loan Processing

$6,474

CROWE LLP1 year

Service code 10 · EIN 35-0921680

Accounting

$6,300

TRI-WEST, LTD. 401K/PROFIT SHARING PLAN

Summary metrics

Benchmarksi

Analytics

Service providersi

Plan features & details

Opportunity flagsi

Expense breakdowni

Audit opinioni

TRI-WEST, LTD. 401K/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