Retirement plan

TOTAL WATER TREATMENT SYSTEMS, INC. 401(K) PLAN

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

TOTAL WATER TREATMENT SYSTEMS, INC.EIN 39-1767752Plan #002PY 2024

5002 WORLD DAIRY DRIVE - MADISON, WI 53913608-226-5267total-water.comLinkedIn51-200 employeesconsumer services

Other plans on this EIN

1 filing

#003Retirement-$16.8M assets

Prospect flagsHigh feesLow assets / participantLow employer contribution

How to read this page

Total assets (EOY)

$6.1M

+23.0% from 2023

Total participants

211

+1.0% from 2023

Average account balance

$29,366

+11.3% from 2023

Annual return

14.86%

-5.92 pp from 2023

Benchmarks

See 210 peers

Peer group

Industry22 - Utilities

Plan typeDefined contribution

Participants100-249

Cohort210 peers

Snapshot2024

See peer percentile detail. $4.99 for your first month.

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Analytics

Total assets (EOY)

Plan-year ending balance

$6.14M

Not enough data

1 years with asset history on file

Average account balance

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

$29K

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.

209

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.

98.9%

Not enough data

1 years with eligibility data

Contributions (total)

Employer and participant dollars contributed each year

$886K

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

+14.86%

Not enough data

1 years with return on file

Admin fee / account holder

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

$400

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

See the 9-year trajectory. $4.99 for your first month.

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Service providers

Top 4 by compensation

Provider	Service type	Compensation
PRIVATE ADVISOR GROUP LLC2 years Filed as: PRIVATE ADVISOR GROUP Service code 27 65 MADISON AVE, STE 300 · MORRISTOWN, NJ 07960	Advisory (Plan)	$30,002
GREAT-WEST LIFE & ANNUITY INSURANCE2 years Filed as: EMPOWER ANNUITY INS. CO. OF AMERICA Service code 64 8515 E. ORCHARD RD · GREENWICH, CO 80111	Recordkeeping Fees	$22,316
ASCENSUS LLC2 years Filed as: ASCENSUS HOLDINGS, INC. Service code 13 101 W BROADWAY · SAN DIEGO, CA 92101	Contract Administrator	$1,550
GREAT-WEST LIFE & ANNUITY INSURANCE2 years Filed as: EMPOWER ADVISORY GROUP Service code 28 8515 E. ORCHARD ROAD · GREENWICH, CO 80111	Investment Management	$141

Plan features & details

Pension benefit codes2E2G2A2J2K2F

Plan features

2A
Age/service weighted or new comparability plan
Age/service weighted plan where allocations are based on age service or age and service; or new comparability or similar plan where allocations are based on participant classifications consisting entirely or predominantly of highly compensated employees or the plan provides an additional allocation rate on compensation above a specified threshold that exceeds the permitted disparity limits of Code section 401(l).
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.
2K
Code section 401(m) arrangement
Employee contributions are allocated to separate accounts under the plan or employer contributions are based in whole or in part on employee deferrals or contributions to the plan. Not applicable to 401(k) plans with only QNECs and/or QMACs or to 403(b)(1) 403(b)(7) or 408 arrangements.

Opportunity flags

3 tripped

OpportunityLow employer contribution
Employer contribution per participant is in the bottom quintile of the peer cohort.
OpportunityHigh fees
Administrative expenses exceed $300 per participant per year - possible fee-review opportunity. (Recordkeeping / audit / legal; excludes investment management.)
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

$84K

$442 / participant

Other / not subdivided$84K100.0%

% of EOY assets

1.362%

all-in expense ratio

Categories reported

0 / 9

subdivided buckets used

Audit opinion

Schedule H Part III

Unqualified opinion

The auditor signed off without reservation. This is the cleanest opinion.

Auditor firm: SVA CERTIFIED PUBLIC ACCOUNTANTS
Auditor EIN: 391203191
Audit fees: (not subdivided)
Opinion code: Unqualified

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Metric

This plan

Peer set

Industry

Size

Avg account balance

$29,366

$113,016-74.0%

$103,476-71.6%

$74,495-60.6%

Participation rate

98.9%

80.8%+18.2pp

80.5%+18.4pp

67.2%+31.7pp

Annual return

14.86%

23.24%-8.4pp

23.90%-9.0pp

1364.94%-1350.1pp

Employer contribution / active EE

$73

$4,881-98.5%

$4,672-98.4%

$2,623-97.2%

Participant deferral / active EE

$4,617

$7,279-36.6%

$6,623-30.3%

$4,346+6.2%

Admin fee / account holder

$400

$1,709-76.6%

$9,413-95.8%

$1,942-79.4%

Provider

Service type

Compensation

PRIVATE ADVISOR GROUP LLC2 years

Filed as: PRIVATE ADVISOR GROUP

Service code 27

65 MADISON AVE, STE 300 · MORRISTOWN, NJ 07960

Advisory (Plan)

$30,002

GREAT-WEST LIFE & ANNUITY INSURANCE2 years

Filed as: EMPOWER ANNUITY INS. CO. OF AMERICA

Service code 64

8515 E. ORCHARD RD · GREENWICH, CO 80111

Recordkeeping Fees

$22,316

ASCENSUS LLC2 years

Filed as: ASCENSUS HOLDINGS, INC.

Service code 13

101 W BROADWAY · SAN DIEGO, CA 92101

Contract Administrator

$1,550

GREAT-WEST LIFE & ANNUITY INSURANCE2 years

Filed as: EMPOWER ADVISORY GROUP

Service code 28

8515 E. ORCHARD ROAD · GREENWICH, CO 80111

Investment Management

$141

TOTAL WATER TREATMENT SYSTEMS, INC. 401(K) PLAN

Summary metrics

Benchmarksi

Analytics

Service providersi

Plan features & details

Opportunity flagsi

Expense breakdowni

Audit opinioni

TOTAL WATER TREATMENT SYSTEMS, 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