Retirement plan

THE TKL PROFIT SHARING & 401K SAVINGS PLAN

Name: TKL RESEARCH, INC. - THE TKL PROFIT SHARING & 401K SAVINGS PLAN (2015) Form 5500
Creator: TKL RESEARCH, INC.
License: https://www.dol.gov/general/disclaim
Keywords: Form 5500, ERISA, retirement plan, THE TKL PROFIT SHARING & 401K SAVINGS PLAN, TKL RESEARCH, INC.

TKL RESEARCH, INC.EIN 13-2772839Plan #001PY 2015

365 WEST PASSAIC ST, SUITE 550 - ROCHELLE PARK, NJ 07662201-587-0500tklresearch.comLinkedIn51-200 employeesresearch

Prospect flagsCorrective distributions

How to read this page

Total assets (EOY)

$13M

No prior year

Total participants

392

No prior year

Average account balance

$35,596

No prior year

Annual return

1.53%

No prior year

Benchmarks

See 690 peers

Peer group

Industry81 - Other Services (except Public Administration)

Plan typeDefined contribution

Participants250-999

Cohort690 peers

Snapshot2015

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

Analytics

Total assets (EOY)

Plan-year ending balance

$18.24M

Not enough data

1 years with asset history on file

Average account balance

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

$91K

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.

201

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.

97.6%

Not enough data

1 years with eligibility data

Contributions (total)

Employer and participant dollars contributed each year

$716K

Not enough data

1 years with contributions on file

Contributions per participant

Average employer and participant contribution per enrolled participant

$6K

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

+16.76%

Not enough data

1 years with return on file

Admin fee / account holder

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

$347

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 6 by compensation

Provider	Service type	Compensation
TRANSAMERICA RETIREMENT SOLUTIONS1+ years Service code 12 · EIN 13-3689044	Recordkeeping fees; Recordkeeping and...	$29,602
NFP RETIREMENT INC1+ years Filed as: NFP ADVISORY SERVICES LLC Service code 16 1250 CAPITAL OF TEXAS HIGHWAY · AUSTIN, TX 78746	Consulting	$22,481
SACKS, PRESS & LACHER, P.C.1+ years Filed as: SACKS PRESS & LACHER, PC Service code 10 · EIN 13-3050313	Accounting	$16,900
MID ATLANTIC CAPITAL CORPORATION1+ years Service code 33 · EIN 25-1409618	Securities brokerage; Securities brok...	$0
NATIONAL FINANCIAL SECURITIES1+ years Service code 33 · EIN 04-3523567	Securities brokerage commissions and ...	$0
NATIONAL FINANCIAL SERVICES1+ years Service code 33	Securities brokerage; Securities brok...	$0

Plan features & details

Pension benefit codes2E2F2G2J2K2T

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.

Opportunity flags

1 tripped

ComplianceCorrective distributions
Plan reported corrective distributions (failed ADP/ACP testing).

Expense breakdown

Schedule H Part II

Admin total

$47K

$182 / participant

Other / not subdivided$47K100.0%

% of EOY assets

0.357%

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: SACKS PRESS & LACHER, P.C.
Auditor EIN: 133050313
Audit fees: (not subdivided)
Opinion code: Disclaimer

Metric

This plan

Peer set

Industry

Size

Avg account balance

$35,596

$38,925-8.6%

$73,836-51.8%

$55,191-35.5%

Participation rate

89.8%

66.0%+23.8pp

73.4%+16.4pp

69.2%+20.6pp

Annual return

1.53%

6.31%-4.8pp

2268.06%-2266.5pp

10.78%-9.3pp

Employer contribution / active EE

$1,824

$1,695+7.6%

$2,787-34.5%

$1,899-3.9%

Participant deferral / active EE

$4,277

$2,351+81.9%

$3,583+19.4%

$3,046+40.4%

Admin fee / account holder

$127

$83+53.3%

$4,882-97.4%

$91+40.0%

Provider

Service type

Compensation

TRANSAMERICA RETIREMENT SOLUTIONS1+ years

Service code 12 · EIN 13-3689044

Recordkeeping fees; Recordkeeping and...

$29,602

NFP RETIREMENT INC1+ years

Filed as: NFP ADVISORY SERVICES LLC

Service code 16

1250 CAPITAL OF TEXAS HIGHWAY · AUSTIN, TX 78746

Consulting

$22,481

SACKS, PRESS & LACHER, P.C.1+ years

Filed as: SACKS PRESS & LACHER, PC

Service code 10 · EIN 13-3050313

Accounting

$16,900

MID ATLANTIC CAPITAL CORPORATION1+ years

Service code 33 · EIN 25-1409618

Securities brokerage; Securities brok...

NATIONAL FINANCIAL SECURITIES1+ years

Service code 33 · EIN 04-3523567

Securities brokerage commissions and ...

NATIONAL FINANCIAL SERVICES1+ years

Service code 33

Securities brokerage; Securities brok...

THE TKL PROFIT SHARING & 401K SAVINGS PLAN

Summary metrics

Benchmarksi

Analytics

Service providersi

Plan features & details

Opportunity flagsi

Expense breakdowni

Audit opinioni

THE TKL PROFIT SHARING & 401K SAVINGS 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