Retirement plan

THIRD BRIDGE 401(K) PROFIT SHARING PLAN

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

THIRD BRIDGE (US) INC.EIN 27-3035072Plan #001PY 2024

1411 BROADWAY 31ST FLOOR - NEW YORK, NY 10018646-795-1547

Prospect flagsLow assets / participant

How to read this page

Total assets (EOY)

$18.4M

+27.4% from 2023

Total participants

706

+5.5% from 2023

Average account balance

$26,393

+21.0% from 2023

Annual return

18.34%

-1.98 pp from 2023

Benchmarks

See 3,298 peers

Peer group

Industry54 - Professional, Scientific, and Technical Services

Plan typeDefined contribution

Participants250-999

Cohort3,298 peers

Snapshot2024

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

Analytics

Total assets (EOY)

Plan-year ending balance

$18.37M

Not enough data

1 years with asset history on file

Average account balance

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

$26K

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.

696

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.

97.5%

Not enough data

1 years with eligibility data

Contributions (total)

Employer and participant dollars contributed each year

$3.53M

Not enough data

1 years with contributions on file

Contributions per participant

Average employer and participant contribution per enrolled participant

$9K

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

+18.34%

Not enough data

1 years with return on file

Admin fee / account holder

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

$196

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 5 by compensation

Provider	Service type	Compensation
MMA SECURITIES LLC1 year Filed as: MMA SECURITIES Service code 64 PO BOX 9496 · NEW YORK, NY 100874496	Recordkeeping Fees	$46,370
ASCENSUS LLC7 years Service code 15 · EIN 11-3665754	Recordkeeping	$34,153
JOHN HANCOCK LIFE INSURANCE COMPANY1 year Filed as: JOHN HANCOCK Service code 13 · EIN 01-1233346	Contract Administrator	$21,496
COMPASS 360, LLC3 years Service code 14 · EIN 81-1939215	Plan Administrator	$20,980
PENSION ASSURANCE LLP6 years Service code 13 5126 CLARETON DR · AGOURA HILLS, CA 91301	Contract Administrator	$13,000

Plan features & details

Pension benefit codes2E2J2K2F2G3D2S2T

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.
2S
Automatic enrollment
Plan provides for automatic enrollment in plan that has elective contributions deducted from payroll.
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

1 tripped

OpportunityLow assets / participant
Assets per participant are in the bottom quintile of the peer cohort - savings-rate / match opportunity.

Expense breakdown

Schedule H Part II

Admin total

$136K

$346 / participant

Contract admin$136K100.0%

% of EOY assets

0.742%

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: PENSION ASSURANCE LLP
Auditor EIN: 300840934
Audit fees: (not subdivided)
Opinion code: Unqualified

Metric

This plan

Peer set

Industry

Size

Avg account balance

$26,393

$106,230-75.2%

$147,080-82.1%

$77,736-66.0%

Participation rate

97.5%

78.4%+19.1pp

82.2%+15.3pp

70.6%+26.9pp

Annual return

18.34%

56.91%-38.6pp

420.17%-401.8pp

31.26%-12.9pp

Employer contribution / active EE

$3,504

$4,072-14.0%

$4,933-29.0%

$2,728+28.4%

Participant deferral / active EE

$5,449

$8,001-31.9%

$8,066-32.4%

$4,651+17.2%

Admin fee / account holder

$196

$338-42.1%

$12,989-98.5%

$433-54.8%

Provider

Service type

Compensation

MMA SECURITIES LLC1 year

Filed as: MMA SECURITIES

Service code 64

PO BOX 9496 · NEW YORK, NY 100874496

Recordkeeping Fees

$46,370

ASCENSUS LLC7 years

Service code 15 · EIN 11-3665754

Recordkeeping

$34,153

JOHN HANCOCK LIFE INSURANCE COMPANY1 year

Filed as: JOHN HANCOCK

Service code 13 · EIN 01-1233346

Contract Administrator

$21,496

COMPASS 360, LLC3 years

Service code 14 · EIN 81-1939215

Plan Administrator

$20,980

PENSION ASSURANCE LLP6 years

Service code 13

5126 CLARETON DR · AGOURA HILLS, CA 91301

Contract Administrator

$13,000

THIRD BRIDGE 401(K) PROFIT SHARING PLAN

Summary metrics

Benchmarksi

Analytics

Service providersi

Plan features & details

Opportunity flagsi

Expense breakdowni

Audit opinioni

THIRD BRIDGE 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