Retirement plan

DEUTSCHE TELEKOM/DETECON 401(K) PLAN

Name: DEUTSCHE TELEKOM, INC. - DEUTSCHE TELEKOM/DETECON 401(K) PLAN (2023) Form 5500
Creator: DEUTSCHE TELEKOM, INC.
License: https://www.dol.gov/general/disclaim
Keywords: Form 5500, ERISA, retirement plan, DEUTSCHE TELEKOM/DETECON 401(K) PLAN, DEUTSCHE TELEKOM, INC.

DEUTSCHE TELEKOM, INC.EIN 13-4197084Plan #002PY 2023

1177 6TH AVENUE, 5TH FLOOR - NEW YORK, NY 10036646-708-0027

Prospect flagsNo flags tripped

How to read this page

Total assets (EOY)

$13.8M

+18.0% from 2022

Total participants

-9.2% from 2022

Average account balance

$139,509

+29.9% from 2022

Annual return

18.49%

+35.96 pp from 2022

Benchmarks

See 11,277 peers

Peer group

Industry51 - Information

Plan typeDefined contribution

Participants<25

Cohort11,277 peers

Snapshot2023

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

Analytics

Total assets (EOY)

Plan-year ending balance

$15.20M

Not enough data

1 years with asset history on file

Average account balance

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

$165K

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.

460.0%

Not enough data

1 years with eligibility data

Contributions (total)

Employer and participant dollars contributed each year

$498K

Not enough data

1 years with contributions on file

Contributions per participant

Average employer and participant contribution per enrolled participant

$25K

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

+16.51%

Not enough data

1 years with return on file

Admin fee / account holder

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

$15142

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

Top 2 by compensation

Provider	Service type	Compensation
APRIO LLP3 years Filed as: APRIO WEALTH MANAGEMENT, LLC Service code 99 · EIN 58-2484343	Other Fees	$20,672
DANZIGER & MARKHOFF LLP3 years Filed as: DANZIGER AND MARKHOFF, LLP Service code 49 1133 WESTCHESTER AVENUE · WEST HARRISON, NY 10604	Other Services	$6,111

Plan features & details

Pension benefit codes2E2F2G2J2T3D3H

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.
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

0 tripped

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

Expense breakdown

Schedule H Part II

Admin total

$700

$29 / participant

Recordkeeping$700100.0%

% of EOY assets

0.005%

all-in expense ratio

Categories reported

1 / 9

subdivided buckets used

Audit opinion

Schedule H Part III

Unqualified opinion

Auditor signed off without reservation - the cleanest possible opinion.

Auditor firm: RODL LANGFORD DE KOCK LLP
Auditor EIN: 582594719
Audit fees: (not subdivided)
Opinion code: Unqualified

Metric

This plan

Peer set

Industry

Size

Avg account balance

$139,509

$105,145+32.7%

$94,664+47.4%

$139,4660%

Participation rate

100.0%

82.4%+17.6pp

80.8%+19.2pp

80.3%+19.7pp

Annual return

18.49%

38.09%-19.6pp

156.84%-138.4pp

373.66%-355.2pp

Employer contribution / active EE

$8,758

$4,107+113.2%

$3,673+138.4%

$4,754+84.2%

Participant deferral / active EE

$17,370

$7,599+128.6%

$7,417+134.2%

$6,712+158.8%

Admin fee / account holder

$8,972-99.9%

$7,222-99.9%

$11,409-99.9%

Provider

Service type

Compensation

APRIO LLP3 years

Filed as: APRIO WEALTH MANAGEMENT, LLC

Service code 99 · EIN 58-2484343

Other Fees

$20,672

DANZIGER & MARKHOFF LLP3 years

Filed as: DANZIGER AND MARKHOFF, LLP

Service code 49

1133 WESTCHESTER AVENUE · WEST HARRISON, NY 10604

Other Services

$6,111

DEUTSCHE TELEKOM/DETECON 401(K) PLAN

Summary metrics

Benchmarksi

Analytics

Service providersi

Plan features & details

Opportunity flagsi

Expense breakdowni

Audit opinioni

DEUTSCHE TELEKOM/DETECON 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