Retirement plan

NOMAD COMMUNICATIONS, INC. 401(K) PLAN

Name: NOMAD COMMUNICATIONS, INC. - NOMAD COMMUNICATIONS, INC. 401(K) PLAN (2021) Form 5500
Creator: NOMAD COMMUNICATIONS, INC.
License: https://www.dol.gov/general/disclaim
Keywords: Form 5500, ERISA, retirement plan, NOMAD COMMUNICATIONS, INC. 401(K) PLAN, NOMAD COMMUNICATIONS, INC.

NOMAD COMMUNICATIONS, INC.EIN 03-0344448Plan #002PY 2021

2456 CHRISTIAN STREET - WHITE RIVER JUNCTION, VT 05001802-649-1995nomadcommunications.comLinkedIn11-50 employeesmarketing and advertising

Prospect flagsLow participationLow fidelity bond

How to read this page

Total assets (EOY)

$607K

+25.6% from 2020

Total participants

0.0% from 2020

Average account balance

$151,643

+25.6% from 2020

Annual return

11.41%

-2.35 pp from 2020

Benchmarks

See 126,087 peers

Peer group

Industry54 - Professional, Scientific, and Technical Services

Plan typeDefined contribution

Participants<25

Cohort126,087 peers

Snapshot2021

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

Analytics

Total assets (EOY)

Plan-year ending balance

$1.11M

Not enough data

1 years with asset history on file

Average account balance

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

$278K

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.

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.

100.0%

Not enough data

1 years with eligibility data

Contributions (total)

Employer and participant dollars contributed each year

$76K

Not enough data

1 years with contributions on file

Contributions per participant

Average employer and participant contribution per enrolled participant

$19K

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

+16.38%

Not enough data

1 years with return on file

Admin fee / account holder

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

$40

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

0 years with F_SCH_H allocation on file

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

Service providers

Providers data not reported

Schedule C was not filed on this plan's most recent Form 5500, so no compensated service providers are available to display.

Plan features & details

Pension benefit codes2E2J2T3D

Plan features

2E
Profit-sharing
Profit-sharing plan.
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.
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

2 tripped

OpportunityLow participation
Participation rate is below 70% (account-balance holders / active employees) - enrollment or auto-enroll opportunity.
ComplianceLow fidelity bond
Fidelity bond coverage is below the ERISA section 412 10%-of-assets minimum (capped at $500,000).

Expense breakdown

Schedule H Part II

Admin total

$80

$13 / participant

Other / not subdivided$80100.0%

% of EOY assets

0.013%

all-in expense ratio

Categories reported

0 / 9

subdivided buckets used

Audit opinion

Schedule H Part III

No opinion code on file for this filing.

Auditor firm: (not reported)
Auditor EIN: -
Audit fees: (not subdivided)
Opinion code: -

Metric

This plan

Peer set

Industry

Size

Avg account balance

$151,643

$176,120-13.9%

$159,487-4.9%

$167,553-9.5%

Participation rate

66.7%

85.0%-18.3pp

82.8%-16.2pp

82.1%-15.4pp

Annual return

11.41%

331.95%-320.5pp

263.71%-252.3pp

478.89%-467.5pp

Employer contribution / active EE

$2,032

$5,299-61.7%

$4,831-57.9%

$4,840-58.0%

Participant deferral / active EE

$9,390

$7,752+21.1%

$7,354+27.7%

$6,343+48.0%

Admin fee / account holder

$20

$12,561-99.8%

$10,804-99.8%

$12,316-99.8%

NOMAD COMMUNICATIONS, INC. 401(K) PLAN

Summary metrics

Benchmarksi

Analytics

Service providersi

Plan features & details

Opportunity flagsi

Expense breakdowni

Audit opinioni

NOMAD COMMUNICATIONS, INC. 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