Retirement plan

TOUCHSTONE TECHNOLOGY INC. 401K SAVINGS PLAN

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

TOUCHSTONE TECHNOLOGY INCEIN 16-1195239Plan #001PY 2024

350 MILE CROSSING BLVD - ROCHESTER, NY 146246207585-458-2690touchstn.comLinkedIn11-50 employeescomputer hardware

Prospect flagsLow participation

How to read this page

Total assets (EOY)

$2.7M

+21.7% from 2023

Total participants

+13.6% from 2023

Average account balance

$166,210

+29.3% from 2023

Annual return

18.09%

-4.56 pp from 2023

Benchmarks

See 23,033 peers

Peer group

Industry33 - Manufacturing

Plan typeDefined contribution

Participants<25

Cohort23,033 peers

Snapshot2024

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

Analytics

Total assets (EOY)

Plan-year ending balance

$2.65M

Not enough data

1 years with asset history on file

Average account balance

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

$166K

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.

123.1%

Not enough data

1 years with eligibility data

Contributions (total)

Employer and participant dollars contributed each year

$89K

Not enough data

1 years with contributions on file

Contributions per participant

Average employer and participant contribution per enrolled participant

$7K

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

+14.33%

Not enough data

1 years with return on file

Admin fee / account holder

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

$29951

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

Providers data not reported

Schedule C was not filed on this plan's most recent Form 5500, so no compensated service providers are available to display.

Plan features & details

Pension benefit codes2E2H2J2G3D3H

Plan features

2E
Profit-sharing
Profit-sharing plan.
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.
2H
Partial participant-directed account plan
Participants have the opportunity to direct the investment of a portion 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.
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

1 tripped

OpportunityLow participation
Participation rate is below 70% (account-balance holders / active employees) - enrollment or auto-enroll opportunity.

Expense breakdown

Schedule H Part II

Admin total

$360

$19 / participant

Other / not subdivided$360100.0%

% of EOY assets

0.014%

all-in expense ratio

Categories reported

0 / 9

subdivided buckets used

Audit opinion

Schedule H Part III

No opinion code on file for this filing.

Auditor firm: (not reported)
Auditor EIN: -
Audit fees: (not subdivided)
Opinion code: -

Metric

This plan

Peer set

Industry

Size

Avg account balance

$166,210

$117,904+41.0%

$102,457+62.2%

$145,978+13.9%

Participation rate

52.6%

78.6%-26.0pp

76.5%-23.9pp

80.3%-27.7pp

Annual return

18.09%

31.80%-13.7pp

29.41%-11.3pp

550.52%-532.4pp

Employer contribution / active EE

$1,445

$3,613-60.0%

$3,022-52.2%

$4,662-69.0%

Participant deferral / active EE

$2,745

$5,733-52.1%

$5,054-45.7%

$6,690-59.0%

Admin fee / account holder

$23

$13,329-99.8%

$9,451-99.8%

$13,400-99.8%

TOUCHSTONE TECHNOLOGY INC. 401K SAVINGS PLAN

Summary metrics

Benchmarksi

Analytics

Service providersi

Plan features & details

Opportunity flagsi

Expense breakdowni

Audit opinioni

TOUCHSTONE TECHNOLOGY INC. 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