Retirement plan

FIDUCIAL 401(K) RETIREMENT SAVINGS PLAN

Name: FIDUCIAL, INC. - FIDUCIAL 401(K) RETIREMENT SAVINGS PLAN (2024) Form 5500
Creator: FIDUCIAL, INC.
License: https://www.dol.gov/general/disclaim
Keywords: Form 5500, ERISA, retirement plan, FIDUCIAL 401(K) RETIREMENT SAVINGS PLAN, FIDUCIAL, INC.

FIDUCIAL, INC.EIN 13-4009035Plan #002PY 2024

10100 OLD COLUMBIA RD - COLUMBIA, MD 21046410-910-5857

Other plans on this EIN

1 filing

#003Retirement-$17.5M assets

Prospect flagsHigh feesLow participationLow employer contribution

How to read this page

Total assets (EOY)

$8.9M

+11.3% from 2023

Total participants

148

+1.4% from 2023

Average account balance

$85,346

+27.3% from 2023

Annual return

18.95%

-7.90 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

$8.88M

Not enough data

1 years with asset history on file

Average account balance

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

$85K

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.

104

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.

59.3%

Not enough data

1 years with eligibility data

Contributions (total)

Employer and participant dollars contributed each year

$648K

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

+18.95%

Not enough data

1 years with return on file

Admin fee / account holder

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

$307

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 9 by compensation

Provider	Service type	Compensation
T ROWE PRICE RPS INC10+ years Filed as: T ROWE PRICE RPS, INC Service code 15 · EIN 52-1309931	Recordkeeping	$34,329
AMERICAN FUNDS2 years Service code 28 · EIN 95-1411037	Investment Management	$0
EATON VANCE5 years Filed as: EATON VANCE FUNDS Service code 28 · EIN 04-2718215	Investment Management	$0
FIDELITY INVESTMENTS INSTITUTIONAL5 years Filed as: FIDELITY FUNDS Service code 28 · EIN 04-2647786	Investment Management	$0
MORGAN STANLEY SMITH BARNEY5 years Filed as: JP MORGAN FUNDS Service code 28 · EIN 13-2624428	Investment Management	$0
MFS INVESTMENT MANAGEMENT5 years Filed as: MFS FUNDS Service code 28 · EIN 04-2747644	Investment Management	$0
T ROWE PRICE RPS INC5 years Service code 15	Recordkeeping	$0
TIAA2 years Filed as: TIAA FUNDS Service code 28 · EIN 13-1624203	Investment Management	$0
THE VANGUARD GROUP, INC.5 years Filed as: VANGUARD FUNDS Service code 28 · EIN 23-1945930	Investment Management	$0

Plan features & details

Pension benefit codes2F2G2J2K3D3H2E2T

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.
3H
Controlled group member
Plan sponsor(s) is (are) a member(s) of a controlled group (Code sections 414(b) (c) or (m)).

Opportunity flags

3 tripped

OpportunityLow participation
Participation rate is below 70% (account-balance holders / active employees) - enrollment or auto-enroll opportunity.
OpportunityLow employer contribution
Employer contribution per participant is in the bottom quintile of the peer cohort.
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

$32K

$296 / participant

Other / not subdivided$32K100.0%

% of EOY assets

0.360%

all-in expense ratio

Categories reported

0 / 9

subdivided buckets used

Audit opinion

Schedule H Part III

Unqualified opinion

Auditor signed off without reservation - the cleanest possible opinion.

Auditor firm: JONES, MARESCA & MCELWANEY,P.A
Auditor EIN: 521853933
Audit fees: (not subdivided)
Opinion code: Unqualified

Metric

This plan

Peer set

Industry

Size

Avg account balance

$85,346

$101,672-16.1%

$147,117-42.0%

$74,478+14.6%

Participation rate

59.3%

75.5%-16.3pp

82.2%-22.9pp

67.2%-8.0pp

Annual return

18.95%

8757.83%-8738.9pp

420.54%-401.6pp

1370.56%-1351.6pp

Employer contribution / active EE

$508

$3,813-86.7%

$4,932-89.7%

$2,626-80.7%

Participant deferral / active EE

$5,491

$7,305-24.8%

$8,065-31.9%

$4,350+26.2%

Admin fee / account holder

$307

$1,753-82.5%

$12,993-97.6%

$1,946-84.2%

Provider

Service type

Compensation

T ROWE PRICE RPS INC10+ years

Filed as: T ROWE PRICE RPS, INC

Service code 15 · EIN 52-1309931

Recordkeeping

$34,329

AMERICAN FUNDS2 years

Service code 28 · EIN 95-1411037

Investment Management

EATON VANCE5 years

Filed as: EATON VANCE FUNDS

Service code 28 · EIN 04-2718215

Investment Management

FIDELITY INVESTMENTS INSTITUTIONAL5 years

Filed as: FIDELITY FUNDS

Service code 28 · EIN 04-2647786

Investment Management

MORGAN STANLEY SMITH BARNEY5 years

Filed as: JP MORGAN FUNDS

Service code 28 · EIN 13-2624428

Investment Management

MFS INVESTMENT MANAGEMENT5 years

Filed as: MFS FUNDS

Service code 28 · EIN 04-2747644

Investment Management

T ROWE PRICE RPS INC5 years

Service code 15

Recordkeeping

TIAA2 years

Filed as: TIAA FUNDS

Service code 28 · EIN 13-1624203

Investment Management

THE VANGUARD GROUP, INC.5 years

Filed as: VANGUARD FUNDS

Service code 28 · EIN 23-1945930

Investment Management

FIDUCIAL 401(K) RETIREMENT SAVINGS PLAN

Summary metrics

Benchmarksi

Analytics

Service providersi

Plan features & details

Opportunity flagsi

Expense breakdowni

Audit opinioni

FIDUCIAL 401(K) RETIREMENT 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