Retirement plan

THE TKL PROFIT SHARING & 401K SAVINGS PLAN

Name: TKL RESEARCH, INC. - THE TKL PROFIT SHARING & 401K SAVINGS PLAN (2017) 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 2017

1 PROMENADE BLVD, SUITE 1101/1201 - FAIR LAWN, NJ 07410201-587-0500tklresearch.comLinkedIn51-200 employeesresearch

Prospect flagsNo flags tripped

How to read this page

Total assets (EOY)

$15.7M

+2.1% from 2016

Total participants

298

-33.2% from 2016

Average account balance

$58,215

+68.3% from 2016

Annual return

15.42%

+8.14 pp from 2016

Benchmarks

See 1,704 peers

Peer group

Industry81 - Other Services (except Public Administration)

Plan typeDefined contribution

Participants100-249

Cohort1,704 peers

Snapshot2017

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 SOLUTIONS3+ years Service code 12 · EIN 13-3689044	Recordkeeping fees; Claims processing...	$40,266
SACKS, PRESS & LACHER, P.C.1 year Filed as: SACKS PRESS & LACHER, P.C. Service code 10 · EIN 13-3050313	Accounting	$17,800
WELLS FARGO BANK, N.A.1 year Filed as: WELLS FARGO CLEARING SERVICES, INC. Service code 16 1 NORTH JEFFERSON · ST. LOUIS, MO 63013	Consulting	$8,636
MID ATLANTIC CAPITAL CORPORATION3+ years Service code 33 · EIN 25-1409618	Securities brokerage; Securities brok...	$0
NATIONAL FINANCIAL SECURITIES3+ years Service code 33 · EIN 04-3523567	Securities brokerage; Securities brok...	$0
NATIONAL FINANCIAL SERVICES3+ years Service code 33	Securities brokerage commissions and ...	$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

0 tripped

No flags tripped for this filing year. This plan looks clean.

Expense breakdown

Schedule H Part II

Admin total

$58K

$342 / participant

Other / not subdivided$58K100.0%

% of EOY assets

0.369%

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

$58,215

$50,637+15.0%

$86,582-32.8%

$62,293-6.5%

Participation rate

83.5%

67.9%+15.6pp

73.5%+10.0pp

69.5%+14.0pp

Annual return

15.42%

20.80%-5.4pp

965.08%-949.7pp

28.90%-13.5pp

Employer contribution / active EE

$4,423

$2,075+113.1%

$2,839+55.8%

$2,042+116.6%

Participant deferral / active EE

$3,282

$2,611+25.7%

$3,609-9.1%

$3,169+3.6%

Admin fee / account holder

$215

$413-48.0%

$4,904-95.6%

$479-55.1%

Provider

Service type

Compensation

TRANSAMERICA RETIREMENT SOLUTIONS3+ years

Service code 12 · EIN 13-3689044

Recordkeeping fees; Claims processing...

$40,266

SACKS, PRESS & LACHER, P.C.1 year

Filed as: SACKS PRESS & LACHER, P.C.

Service code 10 · EIN 13-3050313

Accounting

$17,800

WELLS FARGO BANK, N.A.1 year

Filed as: WELLS FARGO CLEARING SERVICES, INC.

Service code 16

1 NORTH JEFFERSON · ST. LOUIS, MO 63013

Consulting

$8,636

MID ATLANTIC CAPITAL CORPORATION3+ years

Service code 33 · EIN 25-1409618

Securities brokerage; Securities brok...

NATIONAL FINANCIAL SECURITIES3+ years

Service code 33 · EIN 04-3523567

Securities brokerage; Securities brok...

NATIONAL FINANCIAL SERVICES3+ years

Service code 33

Securities brokerage commissions and ...

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