Retirement plan

TOPOCEAN CONSOLIDATION SERVICE (LA), INC. 401(K) PROFIT SHARING PLAN

Name: TOPOCEAN CONSOLIDATION SERVICE (LA) INC. - TOPOCEAN CONSOLIDATION SERVICE (LA), INC. 401(K) PROFIT SHARING PLAN (2024) Form 5500
Creator: TOPOCEAN CONSOLIDATION SERVICE (LA) INC.
License: https://www.dol.gov/general/disclaim
Keywords: Form 5500, ERISA, retirement plan, TOPOCEAN CONSOLIDATION SERVICE (LA), INC. 401(K) PROFIT SHARING PLAN, TOPOCEAN CONSOLIDATION SERVICE (LA) INC.

TOPOCEAN CONSOLIDATION SERVICE (LA) INC.EIN 95-4515106Plan #001PY 2024

13300 CROSSROADS PKWY N STE 300 - CITY OF INDUSTRY, CA 91746562-908-1688LinkedIn1-10 employeestelecommunications

Prospect flagsNo flags tripped

How to read this page

Total assets (EOY)

$24.1M

+18.0% from 2023

Total participants

322

+0.3% from 2023

Average account balance

$81,525

+12.9% from 2023

Annual return

14.90%

-2.76 pp from 2023

Benchmarks

See 2,053 peers

Peer group

Industry81 - Other Services (except Public Administration)

Plan typeDefined contribution

Participants100-249

Cohort2,053 peers

Snapshot2024

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

Analytics

Total assets (EOY)

Plan-year ending balance

$24.13M

Not enough data

1 years with asset history on file

Average account balance

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

$82K

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.

296

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.

88.0%

Not enough data

1 years with eligibility data

Contributions (total)

Employer and participant dollars contributed each year

$2.00M

Not enough data

1 years with contributions on file

Contributions per participant

Average employer and participant contribution per enrolled participant

$9K

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

+14.90%

Not enough data

1 years with return on file

Admin fee / account holder

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

$94

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 3 by compensation

Provider	Service type	Compensation
MORNINGSTAR4 years Filed as: MORNINNSTAR INVESTEMENT Service code 26 · EIN 36-4317381	Advisory (Participants)	$16,489
TRANSITION FINANCE STRATEGIES, LLC2 years Filed as: TRANSITION FINANCE STRATEGIES LLC Service code 49 · EIN 13-4238973	Other Services	$0
WORLDINVESTMENT ADVISORS LLC1 year Service code 99 · EIN 61-1758632	Other Fees	$0

Plan features & details

Pension benefit codes2G2J2K3D

Plan features

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.
2K
Code section 401(m) arrangement
Employee contributions are allocated to separate accounts under the plan or employer contributions are based in whole or in part on employee deferrals or contributions to the plan. Not applicable to 401(k) plans with only QNECs and/or QMACs or to 403(b)(1) 403(b)(7) or 408 arrangements.
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

$28K

$128 / participant

Contract admin$28K100.0%

% of EOY assets

0.116%

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: THONG YU WONG & LEE LLP
Auditor EIN: 710899369
Audit fees: (not subdivided)
Opinion code: Unqualified

Metric

This plan

Peer set

Industry

Size

Avg account balance

$81,525

$60,454+34.9%

$81,844-0.4%

$74,459+9.5%

Participation rate

88.0%

63.0%+25.1pp

72.4%+15.6pp

67.2%+20.8pp

Annual return

14.90%

16.87%-2.0pp

778.87%-764.0pp

1369.70%-1354.8pp

Employer contribution / active EE

$2,111

$2,630-19.7%

$2,916-27.6%

$2,626-19.6%

Participant deferral / active EE

$7,107

$3,398+109.1%

$4,323+64.4%

$4,350+63.4%

Admin fee / account holder

$94

$1,490-93.7%

$7,355-98.7%

$1,945-95.2%

Provider

Service type

Compensation

MORNINGSTAR4 years

Filed as: MORNINNSTAR INVESTEMENT

Service code 26 · EIN 36-4317381

Advisory (Participants)

$16,489

TRANSITION FINANCE STRATEGIES, LLC2 years

Filed as: TRANSITION FINANCE STRATEGIES LLC

Service code 49 · EIN 13-4238973

Other Services

WORLDINVESTMENT ADVISORS LLC1 year

Service code 99 · EIN 61-1758632

Other Fees

TOPOCEAN CONSOLIDATION SERVICE (LA), INC. 401(K) PROFIT SHARING PLAN

Summary metrics

Benchmarksi

Analytics

Service providersi

Plan features & details

Opportunity flagsi

Expense breakdowni

Audit opinioni

TOPOCEAN CONSOLIDATION SERVICE (LA), INC. 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