Retirement plan
TRIAD 401(K) RETIREMENT PLAN
TRIAD NATIONAL SECURITY, LLCEIN 82-3291283Plan #001PY 2023
BIKINI ATOLL RD, SM 30 - LOS ALAMOS, NM 87545505-695-6568
Other plans on this EIN
2 filingsProspect flagsCorrective distributions
Filing contacts
From the Form 5500, federal recordPlan administrator signer
MELINDA OLSWANG
Signed 10/11/2024
Plan administrator entity
BENEFITS AND INVESTMENT COMMITTEE TRIAD
EIN 823291283
Summary metrics
Total assets (EOY)
$2017.1M
-23.1% from 2019
Total participants
15,041
-10.9% from 2019
Average account balance
$135,455
-13.5% from 2019
Annual return
20.12%
-27.86 pp from 2019
Benchmarks
Peer group
Industry54 - Professional, Scientific, and Technical Services
Plan typeDefined contribution
Participants>=10,000
Cohort103 peers
Snapshot2023
72
Participant deferral / active EE
$11,335
median $8,262
100
Employer contribution / active EE
$11,026
median $2,691
95
Participation rate
98.7%
median 84.2%
70
Avg account balance
$135,455
median $87,775
59
Admin fee / account holder
$52
median $58
48
Annual return
20.12%
median 20.31%
Overall peer rank
74of 100
74th percentileavg across 6 metrics
Analytics
2018 - 2024
Total assets (EOY)
Plan-year ending balance
$2.49B
Average account balance
Total assets / participants with a balance (line 6g)
$156K
Participants with account balance
Stacked by status: active / separated vested / retired or beneficiary. Total = line 6g.
16,009
Eligible Participants and Participation
Bars: eligible actives (line 6a). Line: derived rate = active employees with a balance / 6a.
96.7%
Contributions (total)
Employer and participant dollars contributed each year
$302.79M
Contributions per participant
Average employer and participant contribution per enrolled participant
$23K
Asset flow
BOY + contributions + return - distributions = EOY
Year
Annual return
Diverging bars; negative years highlighted
+15.29%
Admin fee / account holder
Total admin expenses / participants with a balance (line 6g)
$47
Asset composition
Cash / stocks / bonds / mutual funds / real estate / loans over time
- Mutual / pooled
- Stocks
- Bonds
- Cash
- Real estate
- Loans
Service providers
Top 6 by compensation
| Provider | Service type | Compensation |
|---|---|---|
Service code 37 · EIN 04-2647786 | Loan Processing | $476,968 |
BNY MELLON ASSET SERVICING6+ years Service code 21 · EIN 13-5160382 | Bank Trustee | $131,230 |
MERCER6+ years Service code 16 · EIN 13-2834414 | Consulting | $92,580 |
USI INSURANCE SERVICES LLC4 years Service code 49 · EIN 13-3771734 | Other Services | $51,660 |
MOSS ADAMS LLP6+ years Service code 10 · EIN 91-0189318 | Accounting | $36,000 |
ALSTON & BIRD3 years Service code 29 · EIN 58-0137615 | Legal | $29,612 |
Top hat statement on fileNQDC
Filed April 25, 2019
Plan administrator
Plan administrator name— Sign in and upgrade to view
Bikini Atoll Road, SM 30
Los Alamos State: NM Zip Code: 87545
Plans declared (3)
- Triad 2018 Restoration Plan13 emp
- Triad 401(a)(17) Restoration Plan4 emp
- Triad Restoration Plan10 emp
Total covered: 27 employees
Plan features & details
Pension benefit codes2F2G2J2K2T3F2E2R
Plan features
- 2EProfit-sharingProfit-sharing plan.
- 2FERISA section 404(c) planThis plan or any part of it is intended to meet the conditions of 29 CFR 2550.404c-1 (shifting investment responsibility to participants).
- 2GTotal participant-directed account planParticipants 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.
- 2JCode section 401(k) featureCash 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.
- 2KCode section 401(m) arrangementEmployee 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.
- 2RParticipant-directed brokerage accountsParticipant-directed brokerage accounts provided as an investment option under the plan.
- 2TDefault investment accountTotal or partial participant-directed account plan where plan uses a default investment account for participants who fail to direct assets in their account.
- 3FLeased employeesPlan sponsor(s) received services of leased employees as defined in Code section 414(n) during the plan year.
Opportunity flags
1 tripped
- ComplianceCorrective distributions
Plan reported corrective distributions (failed ADP/ACP testing).
Expense breakdown
Schedule H Part II
Admin total
$772K
$66 / participant
- Recordkeeping$469K60.8%
- Trustee / custodial$131K17.0%
- Investment mgmt$93K12.0%
- Legal$30K3.8%
- Contract admin$60K7.8%
% of EOY assets
0.038%
all-in expense ratio
Categories reported
5 / 9
subdivided buckets used
Audit opinion
Schedule H Part III
Unqualified opinion
Auditor signed off without reservation - the cleanest possible opinion.
- Auditor firm
- MOSS ADAMS LLP
- Auditor EIN
- 910189318
- Audit fees
- $36,000
- Opinion code
- Unqualified