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 (2016) 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 2016

2727 WORKMAN MILL ROAD - CITY OF INDUSTRY, CA 90601562-908-1688LinkedIn1-10 employeestelecommunications

Prospect flagsLow returnsLow participation

How to read this page

Total assets (EOY)

$6.3M

No prior year

Total participants

204

No prior year

Average account balance

$44,086

No prior year

Annual return

-1.23%

No prior year

Benchmarks

See 1,686 peers

Peer group

Industry81 - Other Services (except Public Administration)

Plan typeDefined contribution

Participants100-249

Cohort1,686 peers

Snapshot2016

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 5 by compensation

Provider	Service type	Compensation
MORNINGSTAR1+ years Service code 27 · EIN 36-3297908	Advisory (Plan)	$2,898
VOYA RETIREMENT INSURANCE & ANNUITY1+ years Filed as: VOYA RETIREMENT INSURANCE AND ANNUI Service code 26 · EIN 71-0294708	Advisory (Participants)	$2,898
JP MORGAN INVESTMENT MANAGEMENT INC1+ years Filed as: GLOBALINK SECURITES INC Service code 55	Other Commissions	$0
GLOBALINK SECURITIES, INC1+ years Filed as: GLOBALINK SECURITIES INC Service code 55 · EIN 06-1375177 3452 E FOOTHILL BLVD STE 1040 · PASADENA, CA 91107	Other Commissions	$0
TU HAI T1+ years Service code 49	Other Services	$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

2 tripped

OpportunityLow participation
Participation rate is below 70% (account-balance holders / active employees) - enrollment or auto-enroll opportunity.
OpportunityLow returns
Annual investment return is in the bottom quintile of the peer cohort.

Expense breakdown

Schedule H Part II

Admin total

$7K

$46 / participant

Investment mgmt$7K100.0%

% of EOY assets

0.114%

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

Metric

This plan

Peer set

Industry

Size

Avg account balance

$44,086

$43,423+1.5%

$78,676-44.0%

$55,167-20.1%

Participation rate

60.5%

68.0%-7.5pp

73.6%-13.1pp

69.0%-8.5pp

Annual return

-1.23%

11.53%-12.8pp

62.19%-63.4pp

169.23%-170.5pp

Employer contribution / active EE

$1,254

$1,997-37.2%

$2,850-56.0%

$1,963-36.1%

Participant deferral / active EE

$3,170

$2,509+26.4%

$3,517-9.9%

$3,054+3.8%

Admin fee / account holder

$50

$416-87.9%

$4,510-98.9%

$504-90.0%

Provider

Service type

Compensation

MORNINGSTAR1+ years

Service code 27 · EIN 36-3297908

Advisory (Plan)

$2,898

VOYA RETIREMENT INSURANCE & ANNUITY1+ years

Filed as: VOYA RETIREMENT INSURANCE AND ANNUI

Service code 26 · EIN 71-0294708

Advisory (Participants)

$2,898

JP MORGAN INVESTMENT MANAGEMENT INC1+ years

Filed as: GLOBALINK SECURITES INC

Service code 55

Other Commissions

GLOBALINK SECURITIES, INC1+ years

Filed as: GLOBALINK SECURITIES INC

Service code 55 · EIN 06-1375177

3452 E FOOTHILL BLVD STE 1040 · PASADENA, CA 91107

Other Commissions

TU HAI T1+ years

Service code 49

Other Services

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