Retirement plan

FRDA LLC 401(K) PLAN

Name: FOREIGN RESOURCE DEVELOPMENT ASSOCIATES LLC DBA FRDA LLC - FRDA LLC 401(K) PLAN (2020) Form 5500
Creator: FOREIGN RESOURCE DEVELOPMENT ASSOCIATES LLC DBA FRDA LLC
License: https://www.dol.gov/general/disclaim
Keywords: Form 5500, ERISA, retirement plan, FRDA LLC 401(K) PLAN, FOREIGN RESOURCE DEVELOPMENT ASSOCIATES LLC DBA FRDA LLC

FOREIGN RESOURCE DEVELOPMENT ASSOCIATES LLC DBA FRDA LLCEIN 04-3680284Plan #001PY 2020

1100 N GLEBE RD SUITE 400 - ARLINGTON, VA 222015721703-522-0001LinkedIn1-10 employees

Prospect flagsHigh fees

Top hat statement on fileNQDC

Filed February 21, 2018

Plan administrator

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1100 North Glebe Road Suite 400

Arlington State: VA Zip Code: 22201

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Plans declared (1)

FRDA Executive Nonqualified Excess Plan10 emp

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Total assets (EOY)

$8.6M

+32.2% from 2019

Total participants

+23.9% from 2019

Average account balance

$109,453

No prior year

Annual return

29.15%

-7.96 pp from 2019

Benchmarks

See 26,422 peers

Peer group

Industry54 - Professional, Scientific, and Technical Services

Plan typeDefined contribution

Participants25-99

Cohort26,422 peers

Snapshot2020

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

Analytics

Total assets (EOY)

Plan-year ending balance

$5.51M

Not enough data

1 years with asset history on file

Average account balance

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

$102K

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.

142.1%

Not enough data

1 years with eligibility data

Contributions (total)

Employer and participant dollars contributed each year

$898K

Not enough data

1 years with contributions on file

Contributions per participant

Average employer and participant contribution per enrolled participant

$24K

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

+14.36%

Not enough data

1 years with return on file

Admin fee / account holder

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

$54809

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

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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 codes2E2F2G2J2T3D

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.
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

$967K

$12730 / participant

Other / not subdivided$967K100.0%

% of EOY assets

11.189%

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

$109,453

$98,766+10.8%

$149,730-26.9%

$79,852+37.1%

Participation rate

88.2%

75.8%+12.4pp

82.5%+5.7pp

69.6%+18.5pp

Annual return

29.15%

27.43%+1.7pp

276.70%-247.6pp

31.72%-2.6pp

Employer contribution / active EE

$7,046

$3,217+119.0%

$4,645+51.7%

$2,471+185.1%

Participant deferral / active EE

$10,650

$5,681+87.5%

$6,843+55.6%

$3,740+184.7%

Admin fee / account holder

$12,246

$6,052+102.3%

$9,310+31.5%

$5,306+130.8%

FRDA LLC 401(K) PLAN

Top hat statement on fileNQDC

Plan administrator

Plans declared (1)

Summary metrics

Benchmarksi

Analytics

Service providersi

Plan features & details

Opportunity flagsi

Expense breakdowni

Audit opinioni

FRDA LLC 401(K) PLAN

Top hat statement on fileNQDC

Plan administrator

Plans declared (1)

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