Retirement plan

FTS INTERNATIONAL, LLC 401(K) PROFIT SHARING PLAN

Name: FTS INTERNATIONAL, LLC - FTS INTERNATIONAL, LLC 401(K) PROFIT SHARING PLAN (2024) Form 5500
Creator: FTS INTERNATIONAL, LLC
License: https://www.dol.gov/general/disclaim
Keywords: Form 5500, ERISA, retirement plan, FTS INTERNATIONAL, LLC 401(K) PROFIT SHARING PLAN, FTS INTERNATIONAL, LLC

FTS INTERNATIONAL, LLCEIN 13-4298847Plan #001PY 2024

14151 NEWBROOK DR, SUITE 150 - CHANTILLY, VA 20151703-225-7704fts-intl.comLinkedIn201-500 employeesdefense & space

Prospect flagsHigh assets / participantCorrective distributions

How to read this page

Total assets (EOY)

$100.9M

+17.8% from 2023

Total participants

383

+7.6% from 2023

Average account balance

$269,763

+4.9% from 2023

Annual return

16.76%

-7.80 pp from 2023

Benchmarks

See 3,296 peers

Peer group

Industry54 - Professional, Scientific, and Technical Services

Plan typeDefined contribution

Participants250-999

Cohort3,296 peers

Snapshot2024

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

Analytics

Total assets (EOY)

Plan-year ending balance

$100.89M

Not enough data

1 years with asset history on file

Average account balance

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

$270K

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.

374

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.

96.9%

Not enough data

1 years with eligibility data

Contributions (total)

Employer and participant dollars contributed each year

$12.31M

Not enough data

1 years with contributions on file

Contributions per participant

Average employer and participant contribution per enrolled participant

$42K

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)

$185

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 3 by compensation

Provider	Service type	Compensation
AMERICAN FUNDS5 years Filed as: THE CAPITAL GROUP INV ADVISORY Service code 27 · EIN 46-4255096	Advisory (Plan)	$36,000
FIDELITY INVESTMENTS INSTITUTIONAL9 years Service code 37 · EIN 04-2647786	Loan Processing	$25,804
STRATEGIC ADVISORS, INC.6 years Service code 27 · EIN 04-2654524	Advisory (Plan)	$7,814

Plan features & details

Pension benefit codes2F2G2J2K2E2T3D2R

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.
2R
Participant-directed brokerage accounts
Participant-directed brokerage accounts provided as an investment option under the plan.
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

2 tripped

ComplianceCorrective distributions
Plan reported corrective distributions (failed ADP/ACP testing).
InformationalHigh assets / participant
Assets per participant exceed $250,000 - top-decile high-value plan.

Expense breakdown

Schedule H Part II

Admin total

$69K

$234 / participant

Recordkeeping$25K36.5%
Investment mgmt$44K63.5%

% of EOY assets

0.068%

all-in expense ratio

Categories reported

2 / 9

subdivided buckets used

Audit opinion

Schedule H Part III

Unqualified opinion

Auditor signed off without reservation - the cleanest possible opinion.

Auditor firm: BEHRENS & BANKS, P.C.
Auditor EIN: 541556200
Audit fees: $0
Opinion code: Unqualified

Metric

This plan

Peer set

Industry

Size

Avg account balance

$269,763

$106,264+153.9%

$147,117+83.4%

$77,762+246.9%

Participation rate

96.9%

78.4%+18.5pp

82.2%+14.8pp

70.6%+26.4pp

Annual return

16.76%

56.94%-40.2pp

420.54%-403.8pp

31.27%-14.5pp

Employer contribution / active EE

$36,503

$4,074+796.0%

$4,932+640.1%

$2,728+1238.1%

Participant deferral / active EE

$5,242

$8,003-34.5%

$8,065-35.0%

$4,651+12.7%

Admin fee / account holder

$185

$334-44.8%

$12,993-98.6%

$433-57.4%

Provider

Service type

Compensation

AMERICAN FUNDS5 years

Filed as: THE CAPITAL GROUP INV ADVISORY

Service code 27 · EIN 46-4255096

Advisory (Plan)

$36,000

FIDELITY INVESTMENTS INSTITUTIONAL9 years

Service code 37 · EIN 04-2647786

Loan Processing

$25,804

STRATEGIC ADVISORS, INC.6 years

Service code 27 · EIN 04-2654524

Advisory (Plan)

$7,814

FTS INTERNATIONAL, LLC 401(K) PROFIT SHARING PLAN

Summary metrics

Benchmarksi

Analytics

Service providersi

Plan features & details

Opportunity flagsi

Expense breakdowni

Audit opinioni

FTS INTERNATIONAL, LLC 401(K) PROFIT SHARING 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