Retirement plan
TRIAD 401K SAVINGS PLAN
TRIAD NATIONAL SECURITY, LLCEIN 82-3291283Plan #002PY 2018
BIKINI ATOLL RD, SM 30 - LOS ALAMOS, NM 87545505-667-7220
Other plans on this EIN
2 filingsProspect flagsLow employer contributionCorrective distributions
Filing contacts
From the Form 5500, federal recordPlan administrator signer
COLLEEN DAVIDSON
Signed 10/11/2019
Summary metrics
Total assets (EOY)
$613.6M
-16.7% from 2019
Total participants
4,054
+5.0% from 2019
Average account balance
$170,109
-19.9% from 2019
Annual return
-4.78%
-25.93 pp from 2019
Benchmarks
Peer group
Industry54 - Professional, Scientific, and Technical Services
Plan typeDefined contribution
Participants1,000-4,999
Cohort688 peers
Snapshot2018
88
Participant deferral / active EE
$11,924
median $6,360
0
Employer contribution / active EE
$0
median $2,151
43
Participation rate
86.0%
median 88.8%
85
Avg account balance
$170,109
median $64,982
31
Admin fee / account holder
$107
median $68
36
Annual return
-4.78%
median -4.01%
Overall peer rank
47of 100
47th percentileavg across 6 metrics
Analytics
2018 - 2024
Total assets (EOY)
Plan-year ending balance
$899.93M
Average account balance
Total assets / participants with a balance (line 6g)
$340K
Participants with account balance
Stacked by status: active / separated vested / retired or beneficiary. Total = line 6g.
2,643
Eligible Participants and Participation
Bars: eligible actives (line 6a). Line: derived rate = active employees with a balance / 6a.
84.4%
Contributions (total)
Employer and participant dollars contributed each year
$32.18M
Contributions per participant
Average employer and participant contribution per enrolled participant
$16K
Asset flow
BOY + contributions + return - distributions = EOY
Year
Annual return
Diverging bars; negative years highlighted
+12.45%
Admin fee / account holder
Total admin expenses / participants with a balance (line 6g)
$76
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 | $181,342 |
AON RISK SERVICES INC1+ years Service code 49 200 E RANDOLPH ST · CHICAGO, IL 60601 | Other Services | $66,697 |
BNY MELLON ASSET SERVICING1+ years Service code 21 · EIN 13-5160382 | Bank Trustee | $63,017 |
MERCER1+ years Service code 16 · EIN 13-2834414 | Consulting | $31,575 |
KILPATRICK TOWNSEND1+ years Service code 29 · EIN 58-0511774 | Legal | $23,159 |
MOSS ADAMS1+ years Service code 10 · EIN 91-0189318 | Accounting | $21,500 |
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 codes2E2F2G2J2K2R2T3F
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
2 tripped
- OpportunityLow employer contribution
Employer contribution per participant is in the bottom quintile of the peer cohort.
- ComplianceCorrective distributions
Plan reported corrective distributions (failed ADP/ACP testing).
Expense breakdown
Schedule H Part II
Admin total
$388K
$121 / participant
- Other / not subdivided$388K100.0%
% of EOY assets
0.063%
all-in expense ratio
Categories reported
0 / 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
- MOSS ADAMS LLP
- Auditor EIN
- 910189318
- Audit fees
- (not subdivided)
- Opinion code
- Disclaimer