Retirement plan

TOPTAL RETIREMENT SAVINGS PLAN

Name: TOPTAL - TOPTAL RETIREMENT SAVINGS PLAN (2022) 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 2022

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

Prospect flagsLow assets / participant

How to read this page

Total assets (EOY)

$8.9M

+87.1% from 2021

Total participants

471

+43.2% from 2021

Average account balance

$23,575

-3.0% from 2021

Annual return

-8.42%

-52.83 pp from 2021

Benchmarks

See 3,159 peers

Peer group

Industry54 - Professional, Scientific, and Technical Services

Plan typeDefined contribution

Participants250-999

Cohort3,159 peers

Snapshot2022

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
COMMONWEALTH FINANCIAL NETWORK3 years Filed as: COMMONWEALTH EQUITY Service code 27 · EIN 04-6558834 23 SAWYER ROAD · WALTHAM, MA 02453	Advisory (Plan)	$21,021
GREAT-WEST LIFE & ANNUITY INSURANCE1 year Filed as: EMPOWER ANNUITY INSURANCE COMPANY Service code 64 · EIN 84-0467907	Recordkeeping Fees	$11,780
GREAT-WEST LIFE & ANNUITY INSURANCE1 year Filed as: EMPOWER ADVISORY GROUP Service code 28 · EIN 84-0467907	Investment Management	$7,616

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 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

$39K

$100 / participant

Investment mgmt$39K100.0%

% of EOY assets

0.445%

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: 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

$23,575

$82,163-71.3%

$125,363-81.2%

$64,814-63.6%

Participation rate

75.9%

77.9%-1.9pp

82.4%-6.4pp

71.5%+4.5pp

Annual return

-8.42%

3.49%-11.9pp

572.15%-580.6pp

32.84%-41.3pp

Employer contribution / active EE

$4,233

$3,616+17.1%

$4,815-12.1%

$2,507+68.9%

Participant deferral / active EE

$9,019

$7,175+25.7%

$7,447+21.1%

$4,310+109.2%

Admin fee / account holder

$105

$163-35.7%

$10,005-99.0%

$188-44.1%

Provider

Service type

Compensation

COMMONWEALTH FINANCIAL NETWORK3 years

Filed as: COMMONWEALTH EQUITY

Service code 27 · EIN 04-6558834

23 SAWYER ROAD · WALTHAM, MA 02453

Advisory (Plan)

$21,021

GREAT-WEST LIFE & ANNUITY INSURANCE1 year

Filed as: EMPOWER ANNUITY INSURANCE COMPANY

Service code 64 · EIN 84-0467907

Recordkeeping Fees

$11,780

GREAT-WEST LIFE & ANNUITY INSURANCE1 year

Filed as: EMPOWER ADVISORY GROUP

Service code 28 · EIN 84-0467907

Investment Management

$7,616

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