Retirement plan

TOPTAL RETIREMENT SAVINGS PLAN

Name: TOPTAL - TOPTAL RETIREMENT SAVINGS PLAN (2024) Form 5500
Creator: TOPTAL
License: https://www.dol.gov/general/disclaim
Keywords: Form 5500, ERISA, retirement plan, TOPTAL RETIREMENT SAVINGS PLAN, TOPTAL

TOPTALEIN 27-3834760Plan #001PY 2024

2810 N CHURCH ST #36879 - WILMINGTON, DE 19802888-604-3188

Prospect flagsLow employer contribution

How to read this page

Total assets (EOY)

$16.1M

+10.0% from 2023

Total participants

335

-15.2% from 2023

Average account balance

$52,844

+29.1% from 2023

Annual return

16.79%

-16.83 pp from 2023

Benchmarks

See 6,278 peers

Peer group

Industry54 - Professional, Scientific, and Technical Services

Plan typeDefined contribution

Participants100-249

Cohort6,278 peers

Snapshot2024

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

Analytics

Total assets (EOY)

Plan-year ending balance

$16.06M

Not enough data

1 years with asset history on file

Average account balance

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

$53K

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.

304

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.

83.0%

Not enough data

1 years with eligibility data

Contributions (total)

Employer and participant dollars contributed each year

$2.64M

Not enough data

1 years with contributions on file

Contributions per participant

Average employer and participant contribution per enrolled participant

$14K

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

+16.79%

Not enough data

1 years with return on file

Admin fee / account holder

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

$248

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
GREAT-WEST LIFE & ANNUITY INSURANCE3 years Filed as: EMPOWER ANNUITY INSURANCE COMPANY Service code 64 · EIN 84-0467907 8515 EAST ORCHARD ROAD · GREENWOOD VILLAGE, CO 80111	Recordkeeping Fees	$42,213
COMMONWEALTH FINANCIAL NETWORK5 years Filed as: COMMONWEALTH EQUITY Service code 27 · EIN 04-6558834 23 SAWYER ROAD · WALTHAM, MA 02453	Advisory (Plan)	$39,073
SPECTRUM EMPLOYEE BENEFITS2 years Service code 15 · EIN 20-1973276 PO BOX 290 · BRECKENRIDGE, MN 56520	Recordkeeping	$6,750

Plan features & details

Pension benefit codes2E2J2F2G3D

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.
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 employer contribution
Employer contribution per participant is in the bottom quintile of the peer cohort.

Expense breakdown

Schedule H Part II

Admin total

$76K

$415 / participant

Recordkeeping$28K37.1%
Investment mgmt$41K54.0%
Contract admin$7K8.9%

% of EOY assets

0.470%

all-in expense ratio

Categories reported

3 / 9

subdivided buckets used

Audit opinion

Schedule H Part III

Unqualified opinion

Auditor signed off without reservation - the cleanest possible opinion.

Auditor firm: HAGEN, KURTH, PERMAN & CO., P.S.
Auditor EIN: 911233794
Audit fees: (not subdivided)
Opinion code: Unqualified

Metric

This plan

Peer set

Industry

Size

Avg account balance

$52,844

$101,672-48.0%

$147,117-64.1%

$74,478-29.0%

Participation rate

83.0%

75.5%+7.4pp

82.2%+0.8pp

67.2%+15.7pp

Annual return

16.79%

8757.83%-8741.0pp

420.54%-403.7pp

1370.56%-1353.8pp

Employer contribution / active EE

$604

$3,813-84.2%

$4,932-87.8%

$2,626-77.0%

Participant deferral / active EE

$13,896

$7,305+90.2%

$8,065+72.3%

$4,350+219.4%

Admin fee / account holder

$248

$1,753-85.8%

$12,993-98.1%

$1,946-87.2%

Provider

Service type

Compensation

GREAT-WEST LIFE & ANNUITY INSURANCE3 years

Filed as: EMPOWER ANNUITY INSURANCE COMPANY

Service code 64 · EIN 84-0467907

8515 EAST ORCHARD ROAD · GREENWOOD VILLAGE, CO 80111

Recordkeeping Fees

$42,213

COMMONWEALTH FINANCIAL NETWORK5 years

Filed as: COMMONWEALTH EQUITY

Service code 27 · EIN 04-6558834

23 SAWYER ROAD · WALTHAM, MA 02453

Advisory (Plan)

$39,073

SPECTRUM EMPLOYEE BENEFITS2 years

Service code 15 · EIN 20-1973276

PO BOX 290 · BRECKENRIDGE, MN 56520

Recordkeeping

$6,750

TOPTAL RETIREMENT SAVINGS PLAN

Summary metrics

Benchmarksi

Analytics

Service providersi

Plan features & details

Opportunity flagsi

Expense breakdowni

Audit opinioni

TOPTAL RETIREMENT 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