Retirement plan

THOMPSON TECHNOLOGY ENTERPRISES, INC. 401(K) PLAN

Name: THOMPSON TECHNOLOGY ENTERPRISES, INC. - THOMPSON TECHNOLOGY ENTERPRISES, INC. 401(K) PLAN (2022) 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 2022

18 CROW CANYON COURT, SUITE 370 - SAN RAMON, CA 94583925-380-6038thompsontechnologysolutions.comLinkedIn11-50 employeescomputer software

Other plans on this EIN

1 filing

#001Retirement-$2.5M assets

Prospect flagsLow assets / participant

How to read this page

Total assets (EOY)

$86K

+106.9% from 2021

Total participants

+8.3% from 2021

Average account balance

$6,600

+90.9% from 2021

Annual return

-13.82%

-25.37 pp from 2021

Benchmarks

See 133,844 peers

Peer group

Industry54 - Professional, Scientific, and Technical Services

Plan typeDefined contribution

Participants<25

Cohort133,844 peers

Snapshot2022

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

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

$20

$3 / participant

Other / not subdivided$20100.0%

% of EOY assets

0.023%

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

$6,600

$138,114-95.2%

$125,391-94.7%

$134,545-95.1%

Participation rate

100.0%

84.5%+15.5pp

82.4%+17.6pp

81.2%+18.8pp

Annual return

-13.82%

750.88%-764.7pp

572.41%-586.2pp

418.37%-432.2pp

Employer contribution / active EE

$2,266

$5,246-56.8%

$4,816-53.0%

$4,742-52.2%

Participant deferral / active EE

$3,991

$7,801-48.8%

$7,448-46.4%

$6,401-37.6%

Admin fee / account holder

$11,570-100.0%

$10,009-100.0%

$11,431-100.0%

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