Retirement plan

STRATATECH EDUCATION GROUP 401(K) PLAN

Name: TWS ACQUISITION CORPORATION - STRATATECH EDUCATION GROUP 401(K) PLAN (2017) Form 5500
Creator: TWS ACQUISITION CORPORATION
License: https://www.dol.gov/general/disclaim
Keywords: Form 5500, ERISA, retirement plan, STRATATECH EDUCATION GROUP 401(K) PLAN, TWS ACQUISITION CORPORATION

TWS ACQUISITION CORPORATIONEIN 26-2474568Plan #001PY 2017

STRATATECH EDUCATION GROUP, 120 NORTH 44TH STREET #230 - PHOENIX, AZ 85034602-490-3450

Prospect flagsLow participationFailed to transmit contributions

How to read this page

Total assets (EOY)

$5.5M

+23.7% from 2016

Total participants

319

-3.0% from 2016

Average account balance

$23,733

+26.4% from 2016

Annual return

13.17%

+6.96 pp from 2016

Benchmarks

See 1,431 peers

Peer group

Industry61 - Educational Services

Plan typeDefined contribution

Participants100-249

Cohort1,431 peers

Snapshot2017

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

Analytics

Total assets (EOY)

Plan-year ending balance

$11.03M

Not enough data

1 years with asset history on file

Average account balance

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

$51K

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.

215

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.

47.1%

Not enough data

1 years with eligibility data

Contributions (total)

Employer and participant dollars contributed each year

$1.59M

Not enough data

1 years with contributions on file

Contributions per participant

Average employer and participant contribution per enrolled participant

$5K

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

+16.18%

Not enough data

1 years with return on file

Admin fee / account holder

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

$78

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 2 by compensation

Provider	Service type	Compensation
NEWPORT GROUP, INC.1 year Service code 13 · EIN 27-2037969	Contract Administrator	$21,430
HIGHTOWER ADVISORS LLC1 year Filed as: HIGHTOWER ADVISORS-SCOTTSDALE Service code 26 14646 N. KIRKLAND BLVD. · SCOTTSDALE, AZ 95254	Advisory (Participants)	$5,228

Plan features & details

Pension benefit codes2F2G2J2T3D3F3H

Plan features

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.
3F
Leased employees
Plan sponsor(s) received services of leased employees as defined in Code section 414(n) during the plan year.
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

2 tripped

OpportunityLow participation
Participation rate is below 70% (account-balance holders / active employees) - enrollment or auto-enroll opportunity.
ComplianceFailed to transmit contributions
Form 5500 reported a failure to timely transmit participant contributions (Schedule H line 4a).

Expense breakdown

Schedule H Part II

Admin total

$27K

$108 / participant

Investment mgmt$5K19.6%
Contract admin$22K80.4%

% of EOY assets

0.483%

all-in expense ratio

Categories reported

2 / 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: ALMICH & ASSOCIATES
Auditor EIN: 330526284
Audit fees: (not subdivided)
Opinion code: Disclaimer

Metric

This plan

Peer set

Industry

Size

Avg account balance

$23,733

$57,976-59.1%

$63,018-62.3%

$62,293-61.9%

Participation rate

65.3%

75.9%-10.6pp

74.8%-9.5pp

69.5%-4.2pp

Annual return

13.17%

17.54%-4.4pp

87.62%-74.5pp

28.90%-15.7pp

Employer contribution / active EE

$1,670

$2,415-30.8%

$2,761-39.5%

$2,042-18.2%

Participant deferral / active EE

$2,787

$2,956-5.7%

$3,330-16.3%

$3,169-12.0%

Admin fee / account holder

$115

$276-58.4%

$3,601-96.8%

$479-76.1%

Provider

Service type

Compensation

NEWPORT GROUP, INC.1 year

Service code 13 · EIN 27-2037969

Contract Administrator

$21,430

HIGHTOWER ADVISORS LLC1 year

Filed as: HIGHTOWER ADVISORS-SCOTTSDALE

Service code 26

14646 N. KIRKLAND BLVD. · SCOTTSDALE, AZ 95254

Advisory (Participants)

$5,228

STRATATECH EDUCATION GROUP 401(K) PLAN

Summary metrics

Benchmarksi

Analytics

Service providersi

Plan features & details

Opportunity flagsi

Expense breakdowni

Audit opinioni

STRATATECH EDUCATION GROUP 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