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 (2017) 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 2017

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

Prospect flagsCorrective distributions

How to read this page

Total assets (EOY)

$7.9M

+26.0% from 2016

Total participants

208

+2.0% from 2016

Average account balance

$48,691

+10.4% from 2016

Annual return

15.47%

+16.71 pp from 2016

Benchmarks

See 1,704 peers

Peer group

Industry81 - Other Services (except Public Administration)

Plan typeDefined contribution

Participants100-249

Cohort1,704 peers

Snapshot2017

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 4 by compensation

Provider	Service type	Compensation
MORNINGSTAR2+ years Service code 27 · EIN 36-3297908	Advisory (Plan)	$2,880
GLOBALINK SECURITIES, INC2+ years Filed as: GLOBALINK SECURITIES INC Service code 26 · EIN 06-1375177 3452 E FOOTHILL BLVD STE 1040 · PASADENA, CA 91107	Advisory (Participants)	$0
TU HAI T2+ years Service code 27	Advisory (Plan)	$0
VOYA RETIREMENT INSURANCE & ANNUITY2+ years Filed as: VOYA RETIREMENT INSURANCE AND ANNUI Service code 26 · EIN 71-0294708	Advisory (Participants)	$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

1 tripped

ComplianceCorrective distributions
Plan reported corrective distributions (failed ADP/ACP testing).

Expense breakdown

Schedule H Part II

Admin total

$9K

$55 / participant

Investment mgmt$9K100.0%

% of EOY assets

0.112%

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

$48,691

$50,637-3.8%

$86,581-43.8%

$62,293-21.8%

Participation rate

71.1%

67.9%+3.2pp

73.5%-2.5pp

69.5%+1.6pp

Annual return

15.47%

20.80%-5.3pp

965.06%-949.6pp

28.90%-13.4pp

Employer contribution / active EE

$1,114

$2,075-46.3%

$2,840-60.8%

$2,042-45.4%

Participant deferral / active EE

$3,582

$2,611+37.2%

$3,609-0.7%

$3,169+13.0%

Admin fee / account holder

$54

$413-86.9%

$4,904-98.9%

$479-88.7%

Provider

Service type

Compensation

MORNINGSTAR2+ years

Service code 27 · EIN 36-3297908

Advisory (Plan)

$2,880

GLOBALINK SECURITIES, INC2+ years

Filed as: GLOBALINK SECURITIES INC

Service code 26 · EIN 06-1375177

3452 E FOOTHILL BLVD STE 1040 · PASADENA, CA 91107

Advisory (Participants)

TU HAI T2+ years

Service code 27

Advisory (Plan)

VOYA RETIREMENT INSURANCE & ANNUITY2+ years

Filed as: VOYA RETIREMENT INSURANCE AND ANNUI

Service code 26 · EIN 71-0294708

Advisory (Participants)

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