Retirement plan

XAD, INC. 401(K) PLAN

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

XAD, INC.dba GROUNDTRUTHEIN 33-0942669Plan #001PY 2024

ONE WORLD TRADE CENTER, 60TH FLOOR - NEW YORK, NY 10007646-476-1932xad.comLinkedIn201-500 employeesmarketing and advertising

Prospect flagsCorrective distributions

How to read this page

Total assets (EOY)

$29.6M

+19.6% from 2023

Total participants

367

-6.4% from 2023

Average account balance

$82,096

+27.2% from 2023

Annual return

17.93%

-4.06 pp from 2023

Benchmarks

See 6,285 peers

Peer group

Industry54 - Professional, Scientific, and Technical Services

Plan typeDefined contribution

Participants100-249

Cohort6,285 peers

Snapshot2024

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

Analytics

Total assets (EOY)

Plan-year ending balance

$29.55M

Not enough data

1 years with asset history on file

Average account balance

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

$82K

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.

360

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.

96.2%

Not enough data

1 years with eligibility data

Contributions (total)

Employer and participant dollars contributed each year

$3.30M

Not enough data

1 years with contributions on file

Contributions per participant

Average employer and participant contribution per enrolled participant

$18K

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

+17.93%

Not enough data

1 years with return on file

Admin fee / account holder

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

$230

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 2 by compensation

Provider	Service type	Compensation
NEWFRONT RETIREMENT SERVICES INC3 years Service code 27 · EIN 80-0833114	Advisory (Plan)	$41,670
FIDELITY INVESTMENTS INSTITUTIONAL10+ years Service code 37 · EIN 04-2647786	Loan Processing	$40,977

Plan features & details

Pension benefit codes2F2G2J2T3D

Plan features

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.
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

ComplianceCorrective distributions
Plan reported corrective distributions (failed ADP/ACP testing).

Expense breakdown

Schedule H Part II

Admin total

$83K

$454 / participant

Recordkeeping$41K49.6%
Investment mgmt$42K50.4%

% of EOY assets

0.280%

all-in expense ratio

Categories reported

2 / 9

subdivided buckets used

Audit opinion

Schedule H Part III

Unqualified opinion

Auditor signed off without reservation - the cleanest possible opinion.

Auditor firm: CLIFTONLARSONALLEN LLP
Auditor EIN: 410746749
Audit fees: $0
Opinion code: Unqualified

Metric

This plan

Peer set

Industry

Size

Avg account balance

$82,096

$101,591-19.2%

$147,096-44.2%

$74,429+10.3%

Participation rate

96.2%

75.5%+20.6pp

82.2%+14.0pp

67.2%+28.9pp

Annual return

17.93%

8746.45%-8728.5pp

419.75%-401.8pp

1368.38%-1350.5pp

Employer contribution / active EE

$3,265

$3,813-14.4%

$4,936-33.9%

$2,625+24.4%

Participant deferral / active EE

$14,850

$7,302+103.4%

$8,071+84.0%

$4,348+241.5%

Admin fee / account holder

$230

$1,750-86.9%

$13,005-98.2%

$1,944-88.2%

Provider

Service type

Compensation

NEWFRONT RETIREMENT SERVICES INC3 years

Service code 27 · EIN 80-0833114

Advisory (Plan)

$41,670

FIDELITY INVESTMENTS INSTITUTIONAL10+ years

Service code 37 · EIN 04-2647786

Loan Processing

$40,977

XAD, INC. 401(K) PLAN

Summary metrics

Benchmarksi

Analytics

Service providersi

Plan features & details

Opportunity flagsi

Expense breakdowni

Audit opinioni

XAD, 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