Retirement plan

THOMPSON TECHNOLOGY ENTERPRISES, INC. 401(K) PLAN

Name: THOMPSON TECHNOLOGY ENTERPRISES, INC. - THOMPSON TECHNOLOGY ENTERPRISES, INC. 401(K) PLAN (2020) Form 5500
Creator: THOMPSON TECHNOLOGY ENTERPRISES, INC.
License: https://www.dol.gov/general/disclaim
Keywords: Form 5500, ERISA, retirement plan, THOMPSON TECHNOLOGY ENTERPRISES, INC. 401(K) PLAN, THOMPSON TECHNOLOGY ENTERPRISES, INC.

THOMPSON TECHNOLOGY ENTERPRISES, INC.EIN 27-4534801Plan #002PY 2020

3130 CROW CANYON PLACE, #275 - SAN RAMON, CA 94583925-380-6038thompsontechnologysolutions.comLinkedIn11-50 employeescomputer software

Other plans on this EIN

1 filing

#001Retirement-$1.8M assets

Prospect flagsLow assets / participantLow participant contribution

How to read this page

Total assets (EOY)

$23K

+24843.5% from 2019

Total participants

+7.7% from 2019

Average account balance

$1,912

+24843.5% from 2019

Annual return

3125.00%

+3125.00 pp from 2019

Benchmarks

See 120,779 peers

Peer group

Industry54 - Professional, Scientific, and Technical Services

Plan typeDefined contribution

Participants<25

Cohort120,779 peers

Snapshot2020

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

Analytics

Total assets (EOY)

Plan-year ending balance

$158K

Not enough data

1 years with asset history on file

Average account balance

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

$11K

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.

214.3%

Not enough data

1 years with eligibility data

Contributions (total)

Employer and participant dollars contributed each year

$32K

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

+10.36%

Not enough data

1 years with return on file

Admin fee / account holder

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

$118

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 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

2 tripped

OpportunityLow participant contribution
Participant contribution per participant is in the bottom quintile of the peer cohort.
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

$390

$49 / participant

Other / not subdivided$390100.0%

% of EOY assets

1.699%

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

$1,912

$165,361-98.8%

$149,715-98.7%

$158,950-98.8%

Participation rate

75.0%

84.6%-9.6pp

82.5%-7.5pp

82.0%-7.0pp

Annual return

3125.00%

348.24%+2776.8pp

276.66%+2848.3pp

302.91%+2822.1pp

Employer contribution / active EE

$2,355

$5,103-53.9%

$4,645-49.3%

$4,762-50.5%

Participant deferral / active EE

$143

$7,182-98.0%

$6,842-97.9%

$5,983-97.6%

Admin fee / account holder

$33

$10,808-99.7%

$9,310-99.7%

$11,248-99.7%

THOMPSON TECHNOLOGY ENTERPRISES, INC. 401(K) PLAN

Summary metrics

Benchmarksi

Analytics

Service providersi

Plan features & details

Opportunity flagsi

Expense breakdowni

Audit opinioni

THOMPSON TECHNOLOGY ENTERPRISES, INC. 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