Retirement plan

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

Name: TRI-WEST, LTD. - TRI-WEST, LTD. 401K/PROFIT SHARING PLAN (2022) 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 2022

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

Prospect flagsLow returns

How to read this page

Total assets (EOY)

$47.6M

-17.7% from 2021

Total participants

342

+10.7% from 2021

Average account balance

$140,000

-25.7% from 2021

Annual return

-17.44%

-29.14 pp from 2021

Benchmarks

See 1,338 peers

Peer group

Industry42 - Wholesale Trade

Plan typeDefined contribution

Participants250-999

Cohort1,338 peers

Snapshot2022

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
STRATEGIC ADVISORS, INC.8+ years Service code 27 · EIN 04-2654524	Advisory (Plan)	$22,297
BENEFIT FINANCIAL SERVICES GROUP7 years Service code 16 · EIN 20-8161914	Consulting	$20,000
KMJ CORBIN & COMPANY LLP2 years Filed as: KMJ CORBIN & COMPANY Service code 10 · EIN 81-0569753	Accounting	$9,450
FIDELITY INVESTMENTS INSTITUTIONAL8+ years Service code 37 · EIN 04-2647786	Loan Processing	-$79,772

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

1 tripped

OpportunityLow returns
Annual investment return is in the bottom quintile of the peer cohort.

Expense breakdown

Schedule H Part II

Admin total

-$28K

$-101 / participant

Investment mgmt$22K0.0%

% of EOY assets

-0.059%

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: KMJ CORBIN & COMPANY LLP
Auditor EIN: 810569753
Audit fees: (not subdivided)
Opinion code: Unqualified

Metric

This plan

Peer set

Industry

Size

Avg account balance

$140,000

$71,142+96.8%

$119,622+17.0%

$64,819+116.0%

Participation rate

99.3%

78.6%+20.7pp

79.3%+20.0pp

71.5%+27.8pp

Annual return

-17.44%

-10.01%-7.4pp

-14.98%-2.5pp

32.84%-50.3pp

Employer contribution / active EE

$9,747

$2,497+290.3%

$4,232+130.3%

$2,507+288.8%

Participant deferral / active EE

$4,259

$4,490-5.1%

$5,601-24.0%

$4,311-1.2%

Admin fee / account holder

-$82

$162-150.8%

$10,328-100.8%

$188-143.9%

Provider

Service type

Compensation

STRATEGIC ADVISORS, INC.8+ years

Service code 27 · EIN 04-2654524

Advisory (Plan)

$22,297

BENEFIT FINANCIAL SERVICES GROUP7 years

Service code 16 · EIN 20-8161914

Consulting

$20,000

KMJ CORBIN & COMPANY LLP2 years

Filed as: KMJ CORBIN & COMPANY

Service code 10 · EIN 81-0569753

Accounting

$9,450

FIDELITY INVESTMENTS INSTITUTIONAL8+ years

Service code 37 · EIN 04-2647786

Loan Processing

-$79,772

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