Retirement plan

C SQUARED SYSTEMS, L.L.C. 401(K) PLAN

Name: C SQUARED SYSTEMS, L.L.C. - C SQUARED SYSTEMS, L.L.C. 401(K) PLAN (2024) Form 5500
Creator: C SQUARED SYSTEMS, L.L.C.
License: https://www.dol.gov/general/disclaim
Keywords: Form 5500, ERISA, retirement plan, C SQUARED SYSTEMS, L.L.C. 401(K) PLAN, C SQUARED SYSTEMS, L.L.C.

C SQUARED SYSTEMS, L.L.C.EIN 02-0516622Plan #001PY 2024

65 DARTMOUTH DRIVE, UNIT A3 - AUBURN, NH 03032603-644-2813csquaredsystems.comLinkedIn201-500 employeeswireless

Prospect flagsHigh fees

How to read this page

Total assets (EOY)

$11M

+25.8% from 2023

Total participants

232

+2.7% from 2023

Average account balance

$53,539

+20.9% from 2023

Annual return

16.22%

-4.51 pp from 2023

Benchmarks

See 6,278 peers

Peer group

Industry54 - Professional, Scientific, and Technical Services

Plan typeDefined contribution

Participants100-249

Cohort6,278 peers

Snapshot2024

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

Analytics

Total assets (EOY)

Plan-year ending balance

$10.98M

Not enough data

1 years with asset history on file

Average account balance

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

$54K

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.

205

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.

80.6%

Not enough data

1 years with eligibility data

Contributions (total)

Employer and participant dollars contributed each year

$1.18M

Not enough data

1 years with contributions on file

Contributions per participant

Average employer and participant contribution per enrolled participant

$8K

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

+16.22%

Not enough data

1 years with return on file

Admin fee / account holder

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

$339

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
MORGAN STANLEY SMITH BARNEY2 years Filed as: MORGAN STANLEY DOMESTIC Service code 26 · EIN 20-8764829 1585 BROADWAY · NEW YORK, NY 10036	Advisory (Participants)	$33,560
WILSHIRE ASSOCIATES INCORPORATED1 year Filed as: WILSHIRE ASSOCIATES INC Service code 26 · EIN 95-2755361 1299 OCEAN AVENUE · SANTA MONICA, CA 90401	Advisory (Participants)	$3,157
NORTHSTAR FIDUCIARY PARTNERS1 year Service code 26 · EIN 30-0132728 22 WEST WAVERLY DRIVE · EAST BRUNSWICK, NJ 08816	Advisory (Participants)	$1,435

Plan features & details

Pension benefit codes2E2F2G2J2K2T3D

Plan features

2E
Profit-sharing
Profit-sharing plan.
2F
ERISA section 404(c) plan
This plan or any part of it is intended to meet the conditions of 29 CFR 2550.404c-1 (shifting investment responsibility to participants).
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.
2T
Default investment account
Total or partial participant-directed account plan where plan uses a default investment account for participants who fail to direct assets in their account.
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

OpportunityHigh fees
Administrative expenses exceed $300 per participant per year - possible fee-review opportunity. (Recordkeeping / audit / legal; excludes investment management.)

Expense breakdown

Schedule H Part II

Admin total

$69K

$499 / participant

Contract admin$69K100.0%

% of EOY assets

0.632%

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: ANSTISS & CO., P.C.
Auditor EIN: 042917204
Audit fees: (not subdivided)
Opinion code: Unqualified

Metric

This plan

Peer set

Industry

Size

Avg account balance

$53,539

$101,672-47.3%

$147,117-63.6%

$74,478-28.1%

Participation rate

80.6%

75.5%+5.0pp

82.2%-1.6pp

67.2%+13.4pp

Annual return

16.22%

8757.83%-8741.6pp

420.54%-404.3pp

1370.56%-1354.3pp

Employer contribution / active EE

$1,391

$3,813-63.5%

$4,932-71.8%

$2,626-47.0%

Participant deferral / active EE

$7,075

$7,305-3.1%

$8,065-12.3%

$4,350+62.6%

Admin fee / account holder

$339

$1,753-80.7%

$12,993-97.4%

$1,946-82.6%

Provider

Service type

Compensation

MORGAN STANLEY SMITH BARNEY2 years

Filed as: MORGAN STANLEY DOMESTIC

Service code 26 · EIN 20-8764829

1585 BROADWAY · NEW YORK, NY 10036

Advisory (Participants)

$33,560

WILSHIRE ASSOCIATES INCORPORATED1 year

Filed as: WILSHIRE ASSOCIATES INC

Service code 26 · EIN 95-2755361

1299 OCEAN AVENUE · SANTA MONICA, CA 90401

Advisory (Participants)

$3,157

NORTHSTAR FIDUCIARY PARTNERS1 year

Service code 26 · EIN 30-0132728

22 WEST WAVERLY DRIVE · EAST BRUNSWICK, NJ 08816

Advisory (Participants)

$1,435

C SQUARED SYSTEMS, L.L.C. 401(K) PLAN

Summary metrics

Benchmarksi

Analytics

Service providersi

Plan features & details

Opportunity flagsi

Expense breakdowni

Audit opinioni

C SQUARED SYSTEMS, L.L.C. 401(K) 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